The CLOC Global Institute, the conference of legal operations professionals now underway now in Las Vegas, has become a leading venue for legal technology companies to announce product news — particularly when that news relates to products that serve corporate legal departments and legal ops. This year has brought a slew of announcements of…
Most Law Firms Use Just Five or Fewer Unique Software Products, Smokeball Study Says
The majority of law firms use just five or fewer unique software products, according to a legal industry study published today by the law practice management company Smokeball.
The study, How Technology is Changing the Legal Industry in 2023, which surveyed law firms of 50 or fewer employees, finds that 77% of those firms…
On LawNext: Wolters Kluwer V.P. Abhishek Mittal on Data Management and Operational Excellence
As vice president, Data and Operational Excellence, at Wolters Kluwer, Abhishek Mittal is responsible for driving business transformation and new product innovation by embedding data-driven decision making in core operational processes. He leads a large global team of process engineers, design thinkers, data scientists and domain experts to develop expert solutions for both…
Aiming to Simplify Contract Drafting, SpotDraft Partners with Microsoft to Integrate Word within its CLM Platform
Two months after raising $26 million in Series A funding, SpotDraft, a cloud-based contract lifecycle management platform for in-house legal teams, is today launching a deep integration with Microsoft Word that it says will simplify the contract drafting and review process for businesses of all sizes.
Developed in partnership with Microsoft, the integration…
The Post-Pandemic State of Legal Practice, with Nicole Black of MyCase
Over the past year, the sibling legal technology companies MyCase and LawPay have published a series of reports on law practice, including benchmark reports based on anonymized data from the two companies’ customers, as well as an…
Bloomberg Law Launches A Product For Storing, Searching, Drafting and Negotiating Contracts
Does the corporate legal market need yet another contract lifecycle management product? Well, Bloomberg Law thinks it does.
Last month, Bloomberg Law released a survey it conducted with legal news and information company ALM that found that nearly 75% of in-house counsel said that their contract workflow technology did not meet their needs,…
Rocket Matter Integrates ChatGPT For Quick Access From Within Its Law Practice Management Platform
Rocket Matter, a cloud-based law practice management platform, now has an integration with OpenAI’s ChatGPT artificial intelligence, providing its users with quick access to ChatGPT from anywhere within the Rocket Matter application.
The integration allows Rocket Matter users to leverage ChatGPT for purposes such as drafting a message or summarizing a document, without the…
Two Notable Legal Tech Moves, As Crowell Names Alma Asay Chief Innovation Officer and Relativity Names Laurie Usewicz Chief Partner Officer
There were two notable moves in the legal tech world announced today, both to newly created positions, as the law firm Crowell & Moring announced that it has named Alma Asay as its first chief innovation and value officer, and Relativity said that it has named Laurie Usewicz as its first chief partner…
On LawNext Podcast: The Four Founders of vLex and Fastcase on the Merger Of Their Two Companies
It was major news April 4 when the legal research and technology companies Fastcase and vLex announced their merger, creating a single entity that they say now has the world’s largest subscriber base of lawyers and law…
How It Works: A Demonstration Of Prokurio, The IP Financial Platform Designed To Enable Businesses To Take Control Of Their IP Costs
In this episode of our video series How It Works, we get a demonstration of Prokurio, whose mission is to make it radically easier for businesses to take control of their intellectual property spending.
Prokurio’s SaaS platform helps companies uncover and eliminate hundreds of thousands of dollars in excessive IP costs and automates complex…
As It Opens Commercial Availability in the U.S., LegalOn Releases GPT-Powered Contract-Editing Tool ‘AI Revise’
Last December, LegalOn, one of Japan’s largest providers of AI contract review technology to corporations and law firms, announced its expansion into the U.S. market, offering limited early access to its product to select users and organizations.
Today, LegalOn is making its platform commercially available to all customers in the U.S., and as…
With Acquisition Of Upper Sigma, Litera Poised to Provide Integrated Legal CRM and Experience Management
Legal technology company Litera today officially announced its acquisition of Upper Sigma, a London-based CRM and marketing platform for law firms that is built on the Salesforce CRM platform.
Litera says that by integrating Upper Sigma with the firm intelligence platform Foundation, which it acquired in 2021, it will be able to…
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