Just a few days into 2021 came news that could end up being one of the biggest legal technology stories of the year. On Jan. 5, two leading legal research companies, Casemaker and Fastcase – two companies that have been rivals for…
Number of Diverse Legal Tech Founders Drops, But Overall Percentage Inches Up
The number of founders of U.S. legal technology companies who are women or people of color has dropped since 2018, but the overall percentage of diverse founders has risen slightly since then, because of fewer companies in the survey group.
While the number of women founders has dropped from 66 in 2018 to 57 now,…
ASG LegalTech, Parent to Four Legal Practice Products, Rebrands As Paradigm – Exclusive Interview with Company Execs
Relativity Acquires VerQu, Strengthening Its Ability to Capture Enterprise Communication Data
Just six days into 2021, the year has already brought two major mergers and acquisitions, with the merger of Fastcase and Casemaker and Litera’s acquisition of Foundation Software Group.
Now there is another notable acquisition, as Relativity, the global e-discovery and compliance technology company, has acquired VerQu, a data management software…
With Acquisition of Foundation Software, Litera Expands Into Firm Intelligence
Continuing an acquisition sprint that started with three acquisitions last year and two the year before, legal technology company Litera has acquired Foundation Software Group, developer of a firm intelligence platform for larger law firms, and announced the formation of the Litera Firm Intelligence business unit.
Foundation’s platform, which can run in the…
ALM Media Licenses Its Legal News To Bloomberg Law, Ending Exclusive Deal with LexisNexis
For nearly a decade, since 2011, LexisNexis has had the exclusive license to archived legal journalism from all ALM Media publications and websites, which include Law.com, The American Lawyer, Corporate Counsel, The National Law Journal, Legaltech News, and a variety of regional and specialty publications.
But last Friday, Jean O’Grady at Dewey…
Longtime Competitors Fastcase and Casemaker Merge, Reshaping the Legal Research Landscape
In news akin to a wedding announcement jointly issued by the Hatfields and the McCoys, two longtime competitors in the legal research market, Casemaker and Fastcase, have merged, creating a single company under the Fastcase brand that has an estimated subscriber base of more than three quarters of all lawyers in the United…
LAWCLERK Launches Subscription-Based Virtual Law Firm Associates
LAWCLERK, an online marketplace where solos and small firms can hire freelance lawyers, is expanding today into a new kind of offering — subscription-based virtual associates.
Since its launch in 2018, LAWCLERK has focused on enabling smaller firms to hire freelance lawyers to assist them on a project-by-project, as-needed basis. LAWCLERK says it now…
20 For 2020: The Legal Tech Trends that Defined the Year
The 10 Most Popular LawNext Podcasts of 2020
My LawNext podcast features conversations with the “innovators and entrepreneurs who are driving what’s next in law.” But in 2020, “what’s next” was anybody’s guess.
In this list of the 10 LawNext episodes that were most popular during 2020, it may be little surprise that my April interview with legal futurist Richard Susskind…
Report: Ironclad Gets At Least $100M Funding at Nearly $1B Valuation
A report this afternoon says that Ironclad, the San Francisco-based digital contracting platform for legal departments, has raised at least $100 million in a Series D funding round at a post-investment valuation of more than $950 million.
The website The Information reports that the round was led by the venture capital firm Bond,…
American LegalNet Seeks Dismissal Of Lawsuit By CourtAlert.com for Theft of Trade Secrets
After docketing technology company CourtAlert.com sued its competitor American LegalNet (ALN) in September alleging theft of trade secrets, ALN has responded with a motion asking the court to dismiss the lawsuit for failing to state a claim, calling it “baseless” and “a transparent effort to chill lawful competition and embarrass its competitor.”
In…
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