Henchman, a legal tech startup that provides legal teams with quick access to their previously written contract clauses and definitions directly within Microsoft Word, today released what it says is a first-of-its-kind integration with Microsoft Copilot through which Copilot users will be able to surface clauses and precedents from their document management systems that…
New Report Synthesizes the Data to Identify Key Legal Tech Trends and Action Items for Solos and Small Firms
For solo and small law firms, the current state of legal technology offers both promises and pitfalls. Technology such as generative AI poses traps for the unwary, but for those who understand and embrace technology, there are opportunities to run more profitable and efficient practices, provide better customer experiences, and improve work-life balance.
In light…
Leadership, Growth, and Profitability in a Post-Pandemic Era: New Report Focuses on How Modern Law Firms Are Navigating Digital Transformation
By Ari Kaplan, Ari Kaplan Advisors [Sponsored Post]
In collaboration with Affinity Consulting, iManage, and SurePoint Technologies, I was fortunate to interview 18 chief operating officers, 10 executive directors, one chief executive officer, and one chief administrative officer at law firms, with a median of 140 professionals and 73 lawyers,…
Stuck In A Long-Term Contract with A Practice Management Vendor? Clio Offers to Buy You Out
Two years ago, Clio, the law practice management company, made an offer that some law firms might have found difficult to refuse. It offered to buy them out of up to six months of their contracts with competing practice management platforms if they switched to Clio’s platform.
Now Clio is reviving that offer, which…
Despite All the Hype Over CLM Software, Most Companies Don’t Use It to Manage their Contracts, Survey Finds
One of the most talked-about legal technologies of the last few years is contract lifecycle management software. But a survey released today finds that the majority of companies do not use CLM software at all, and of those that do have a dedicated CLM system, most use it only on a limited basis.
Instead of…
Just Published: A Practical Guide for Small Firms to E-Discovery Practices and Products
One of the challenges of e-discovery for smaller law firms is that so many of the e-discovery products on the market are designed for large cases handled by large law firms, putting them out of range for smaller firms in both price and complexity.
For smaller law firms, the leading guide to e-discovery practices and…
Contract Review Company LegalOn Releases Generative AI Assistant to Shortcut Key Tasks
The contract review company LegalOn Technologies today released LegalOn Assistant, a generative AI chat interface that can answer questions about your contracts, draft clauses, summarize contract terms, and more.
The assistant is available directly within LegalOn’s in-browser contract editing interface and it is available immediately to all customers at no extra cost.
The…
First-Of-Its-Kind Credit Card/Software Combo from LawPay and MyCase Lets Law Firms Track Expenses Directly to Matters and Invoicing
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A common pain point for law firms is failing to track and invoice all reimbursable client expenses, resulting…
ClauseBase Expands to Provide All-in-One Legal Drafting and Reviewing Within Word
The Belgium document automation company ClauseBase has launched a major expansion of its product to add new capabilities for clause extraction, AI-powered document review, and automated proofreading, all with the goal of providing an all-in-one platform, within Microsoft Word, for contract drafting, reviewing and negotiating.
ClauseBase launched in 2018 as a contract drafting platform…
As Thomson Reuters Expands Casetext CoCounsel, the AI Legal Assistant, to Canada and Australia, It Provides Details on U.S. Growth
Still less than a year since it launched, CoCounsel, the generative AI legal assistant originally developed by Casetext, has had quite a year. Now, as it expands into new markets, we get details on its adoption to date.
It was March 1, 2023, that Casetext launched CoCounsel, a product developed in partnership with OpenAI…
Updates from CEO Jack Newton On Recent Clio News: Midsized Firms, Gen AI, Legal Aid, and Clio Draft
During ABA Techshow last week in Chicago, I had the opportunity to sit down for a brief conversation with Jack Newton, founder and CEO of law practice technology company Clio, who provided additional details on some of the company’s recent news.
We discussed Clio’s greater focus on midsized law firms, its impending launch…
Here Are the Winners of ABA Techshow’s 8th Annual Startup Alley Pitch Competition
This week brought the eighth annual Startup Alley pitch competition, the opening night event of ABA Techshow at which 15 startups competed for top honors by delivering their pitches live to an audience of Techshow attendees.
Now on my way home from Techshow, I finally have a chance to post the winners. Here were the…