Launched in 1993 and acquired by LexisNexis in 2004, Interaction is one of the most established client relationship management (CRM) products in the legal market. An on-premises product designed for large law firms, InterAction is used by three-quarters of the Am Law 100 and three-quarters of the largest firms globally, according to LexisNexis.…
Court Imposes Sanctions On Lawyers Who Filed Bogus Cases After Relying On ChatGPT For Legal Research
A federal district judge has imposed monetary and other sanctions on the two lawyers who filed a brief laden with bogus cases they found when they relied on ChatGPT for legal research.
In the case of Mata v. Avianca, the judge ordered the lawyers, Peter LoDuca and Steven A. Schwartz, as well as the law…
New Visalaw.ai/AILA Product Uses GPT-4 for Immigration Law Research, Drafting and Summarization
A new generative AI product for immigration lawyers announced today is designed to help them conduct research, draft and summarize complex legal documents, and engage with potential clients through a chat interface.
Called Visalaw.ai Gen, the product has been developed as a collaboration between the company Visalaw.ai, the technology affiliate of the immigration law…
On LawNext: Checkbox CEO Evan Wong on Why Workflow Automation Beats CLM for Many Legal Departments
One of the hottest sectors of the legal tech market these days is contract lifecycle management, or CLM. But Evan Wong believes that, for many inhouse legal teams, CLM is not necessarily the best route for them to streamline workflows. Rather, he believes workflow automation is often the better way for legal teams…
Aiming to ‘Radically Accelerate’ Contract Negotiations, ‘The Contract Network’ Comes Out Of Stealth Today, Led By Legal Tech Veteran
A new company coming out of stealth today, The Contract Network, aims to “radically accelerate the time for contract negotiations” by providing an AI-powered collaboration platform that can be used by all parties to a transaction to more quickly “get to the point” in their negotiations.
It is led by CEO Jim Wagner,…
CounselLink’s FastTrack Changes The Payments Paradigm, Paying Outside Counsel Within Two Days, While Inhouse Teams Get 90 Days to Review Invoices
A new product out today from the legal department management platform LexisNexis CounselLink could change the paradigm for how legal departments pay outside counsel, enabling law firms to receive payments within two days of initial invoice approval, while allowing corporations up to 90 days to more thoroughly review, process and fund the invoices.
CounselLink…
Tonkean Says Its New LegalWorks ‘Safely’ Brings Generative AI and No-Code Automation to Inhouse Matter Management
Tonkean, a Palo Alto-based company that describes itself as the first-of-its-kind process experience platform, has launched a matter lifecycle management product for corporate legal teams, LegalWorks, that it says enables them to harness the potential of AI-powered process automation technology safely — in a way that will not only increase process adoption, improve…
Tangibly Unveils AI-Powered Tool, Patent X-Ray, To Identify and Document Trade Secrets In Patents
It was just over a year ago that I wrote about the launch of Tangibly, the first platform devoted to helping companies systematically identify and catalog their trade secrets.
Now, Tangibly is introducing Patent X-Ray, a tool powered by large language model artificial intelligence to help companies identify possibly undocumented trade secrets…
LeanLaw, Cloud-Based Legal Financial System for Law Firms, Raises $4M Series A Round
LeanLaw, a company that provides a financial operating system for small and mid-sized law firms, said today it has raised $4 million in a Series A financing round led by FINTOP Capital.
Based in Boise, Id., LeanLaw’s cloud-based product provides IOLTA trust accounting, time and expense tracking, billing, matter management, electronic payments, and…
How to Choose A Live Chat Provider for Your Law Firm
For many law firms, live chat is a critical link in converting prospective clients to actual clients. While few firms have the capacity to manage live chat themselves, there are a number of companies that provide this service for law firms.
Of course, that begs the question, How do you choose? What should a law…
With Launch of Second-Generation Platform, Legatics Expands from Transaction Management into Project Management
With the launch today of its second-generation platform, London-based Legatics is expanding the capabilities it offers customers from its core of legal transaction management into broader legal project management.
With some 40 templates, customizable templates, and a new interface designed to be more intuitive, Legatics now supports legal project workflows and deal closures across a…
A Bad Week for DoNotPay and Its Robot Lawyer, But It Should Not Reflect on Self-Help Legal Tech
So the publicity stunt of the robot lawyer sneaking into court is no more, as Joshua Browder, founder and CEO of the self-help legal site DoNotPay, yesterday pulled the plug on the prank, saying he had received threats from bar officials of prosecution and even imprisonment.
That news followed a scathing series of…
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