Investments in legal tech got off to a slow start in 2024. A Crunchbase report just last week said that legal tech startups had raised only $356 million this year, compared to $871 million last year.
But in the last 30 days, according to my tracking, legal tech companies have raised at least $414…
On Friday, I spoke to a group of trial lawyers on the use of generative AI in litigation. Many in the room were that increasingly rare breed of lawyer who actually go into court and try cases. Of several that I spoke to before and after my talk, they were proud of their courtroom skills…
Every lawyer in Texas is now eligible for free access to trust accounting and billing software, thanks to an exclusive partnership announced today between the State Bar of Texas and the law practice management company Smokeball.
Under the partnership, all members of the State Bar of Texas — some 111,000 lawyers — can…
LexIQ, an early-stage startup focused on using artificial intelligence to draft and review contracts in Microsoft Word, is today launching its waitlist for corporate legal departments and law firms interested in joining is beta program.
Founded by Samarth Gupta, a computer engineer and data scientist who most recently worked at EY as a…
Last week, KKR, a major global investment firm, announced that it had entered into an agreement to acquire a majority stake in Agiloft, the contract lifecycle management company. As part of the deal, the growth equity firm FTV Capital, already an Agiloft investor, is making an additional investment, and another growth equity firm,…
This has been a notable year for BriefCatch, a legal technology company devoted to helping legal professionals improve their legal writing. It started nine months ago, with the company’s raise of a $3.5 million seed round, continued with its roll outs of new products and features, and…
Last September, two litigation-focused Canadian legal technology companies, CiteRight and Jurisage, announced their merger, with the promise of combining CiteRight’s litigation drafting program with Jurisage’s AI technology to create an integrated legal research and drafting solution.
Now, in the first application to result from that merger, CiteRight is today launching AI Insights by Jurisage,…
LexisNexis Legal & Professional said today that it has entered into an agreement to acquire Henchman, a Belgium-based contract drafting legal technology company.
LexisNexis said it is acquiring the company for its document management system that enable faster document drafting. It say its technology enriches a law firm’s internal work product,…
I am running out the door, but this news just broke. Here is the unedited announcement:
KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”). As…
Legal editing software company BriefCatch has expanded its management team with the hiring of three legal technology veterans to key positions.
The hires follow the company’s raise last year of $3.5 million in an oversubscribed seed round.
At the time of the raise, founder and CEO Ross Guberman said the company would…
Document management company iManage and legal research company vLex now have something else in common besides brand names that start with lower-case letters.
The two companies today announced a partnership that will combine the artificial intelligence and docket-monitoring tools of vLex with the knowledge assets and client and matter folders that a law…
Since 2010, the nonprofit Free Law Project has been working to make the legal ecosystem more equitable and competitive using technology, data and advocacy. It may be best known for CourtListener, its flagship project that houses an immense collection of court orders…
Robert Ambrogi Blog
