Should the legal industry have a common set of data standards for classifying the work we do? The SALI Alliance – short for Standards Advancement for the Legal Industry – believes we should, and it recently released version 2.0 of its Legal Matter Standard Specification, which sets…
The 10 Latest Additions to the LawNext Legal Technology Directory, 8/2/22
Ever since we launched the LawNext Legal Technology Directory, which debuted in February, I am consistently fascinated to see the products that get added. As closely as I follow legal tech, I always discover products that are new and interesting.
Here are the 10 latest additions (descriptions taken from product listings).
Strategic Recapitalization of ‘Several Hundred Million’ Values Exterro at Over $1 Billion
Exterro, a provider of software for e-discovery, governance, risk and compliance, said today that it has completed a strategic recapitalization and secured additional committed equity capital as part of a continuation vehicle transaction that has provided it with “several hundred million” in new funding at a valuation of more than $1 billion, putting it…
New SixFifty Product Automates Compliance with All State Data Privacy Laws
SixFifty, the technology subsidiary of the law firm Wilson Sonsini Goodrich & Rosati, is today launching a tool to help companies comply with the patchwork of data privacy laws in the United States by automating the creation of customized compliance documents.
Five U.S. states — California, Colorado, Virginia, Utah, and Connecticut — have passed…
Priori Legal, Marketplace for In-House Legal Teams, Raises $15M to Fuel Growth and Meet Demand
Priori Legal, a marketplace for in-house legal teams to find and hire outside counsel, has closed a $15 million A-1 financing round, it said today.
It will use the funds to scale operations to meet what it described as unprecedented demand for in-house counsel, as well as…
Smith.ai, Virtual Receptionist Service, Now Offers Automatic Call Recording and Transcription
Smith.ai, a virtual receptionist service serving law firms and other businesses, now offers recording and transcription of all inbound and outbound calls, giving its customers access to the full conversations that the company handles on their behalves.
Smith.ai says it is the first virtual receptionist service to release call recording and transcription.
For law…
LollyLaw, Platform for Managing Immigration Law Practices, Launches Native E-Payments Feature
LollyLaw, a cloud-based practice management platform designed for immigration lawyers, is today launching a native electronic payments platform, LollyPayments.
The new e-payments capability enables LollyLaw customers to collect and reconcile payments without having to switch between LollyLaw and third-party vendors. It is available to all LollyLaw customers as of today.
The launch of LollyPayments…
Majority of E-Discovery Professionals Use Cloud Software, Survey Says, with Clear Advantages
A majority of e-discovery professionals now use cloud e-discovery software, with cloud software providing clear advantages for easing workflows, lowering costs and reducing common challenges, according to a survey released today by the cloud-based e-discovery company Everlaw in partnership with the Association of Certified E-Discovery Specialists (ACEDS).
The survey, 2022 Ediscovery Innovation…
Fastcase Names the 2022 Fastcase 50, Honoring ‘Innovators, Techies, Visionaries and Leaders’ in Law
If you are looking for a scorecard naming those who are leading the charge on innovation in law, you can do no better than the Fastcase 50, the annual listing by the legal intelligence company Fastcase that honors 50 of the law’s “smartest, most courageous, innovators, techies, visionaries, and leaders.”
Today, Fastcase is…
Clio Gets A New Global Sales Leader, As It Names Former RingCentral VP Jenny Dingus to the Role
The law practice management company Clio has named Jenny Dingus, formerly a top sales executive with RingCentral, as its senior vice president of global sales.
In her new role, Dingus will oversee all facets of Clio’s global sales activities, including business development, closing sales, and solutions for supporting sales. Her focus will…
Law Firm Marketing Software Intaker Now Integrates with the MyCase Practice Management Platform
Intaker, a marketing automation platform for law firms, now integrates with the practice management platform MyCase, so that every lead that comes in to a firm through an Intaker chat is automatically added to MyCase.
Intaker offers a unique chat application that begins and ends each chat session with a video greeting from…
Contract Analytics Company Della Inks Deal with London law firm Mishcon de Reya Following Stint in Mishcon’s MDR Lab Incubator
The AI-driven contract analytics startup Della and the London-based international law firm Mishcon de Reya have entered into a commercial agreement by which Della’s platform will be available to selected legal teams throughout the firm.
The deal comes after the two-year-old startup graduated in February from Mishcon’s MDR Lab, a 12-week program…