Here is a round-up of recent investment and deal news involving legal technology companies:
Everlaw raises $25 million. Everlaw, a Berkeley, Calif., based e-discovery and litigation platform, has closed a a $25 million Series B funding round, with new investor Menlo Ventures leading the round and continued participation from Andreessen Horowitz. In 2016, the company raised…
When the legal research service Casetext was first launched in 2013, its founders wanted to democratize access to the law by providing free access to legal research enhanced through crowdsourced annotations. As the company grew and took on venture capital, it increasingly targeted its sales and marketing to the large-firm market and implemented…
The document-management company NetDocuments today named a new CEO, Josh Baxter, who has been president and COO since joining the company last year.
Matt Duncan, who had been CEO since 2014, is stepping into the role of executive chairman, where he will continue to help drive the company’s strategic objectives while also taking…
Legal professionals can now calculate and manage court deadlines from within Microsoft Teams, Microsoft’s workplace collaboration software, with the release this week by court deadline calculator LawToolBox of its Deadline App for Microsoft Teams.
This new app for Teams builds on the functionality of the company’s app LawToolBox365 Office for Legal, which is an…
With the annual meeting of the American Association of Law Libraries convening this weekend in Baltimore, you can expect to see a flurry of product announcements coming up. Today, the news is from Bloomberg Law, which is announcing a number of enhancements to its legal research service, including more than 30 Practical Guidance…
Scott Mozarsky is out as president of Bloomberg Law, a position he has held since November 2016. Replacing him as president is Joe Breda, formerly executive vice president of product.
I spoke briefly today with Breda, who informed me of the transition but provided no further details. The news comes just days before…
Legal research company Fastcase today announced its eighth annual Fastcase 50 honorees, the “smartest, most courageous innovators, techies, visionaries, and leaders in the law.”
Fastcase has compiled the awards annually since 2011 as a way of highlighting entrepreneurs and visionaries who are helping to drive the future of law. This year’s selections bring the…
Docket Alarm, the docket tracking and analytics platform acquired last January by legal research company Fastcase, says it has released a new tool, the Analytics Workbench, that will allow legal professionals to build their own bespoke litigation analytics across any court, practice area or litigation event.
Generally, legal analytics products tend…
The World Economic Forum, a Geneva-based nonprofit focused on entrepreneurship in the global public interest, has recognized 61 early-stage companies as Technology Pioneers for their design, development and deployment of potentially world-changing innovations and technologies. Of the 61, only one is a legal technology company.
That one is Casetext, the legal research…
A partnership announced yesterday will enhance the Fastcase legal research service through the addition of data and reviews on expert witnesses, litigation consultants, mediators and arbitrators from Courtroom Insight.
Content from Courtroom Insight has already been added to Fastcase’s AI Sandbox, a private digital environment where law firms can use artificial…
The practice-management platform Clio recently notified long-term customers who had been grandfathered on an older pricing plan that they will now have to switch to Clio’s current pricing plan.
The grandfathering came about in February 2015, when Clio adopted a three-tiered monthly subscription plan in place of its prior single-price plan. (See: Practice-Management…
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