Eve, an AI platform for plaintiffs’ law firms, has raised $47 million in Series A funding, in a round led by major venture capital firm Andreessen Horowitz (a16z), with participation from Lightspeed Venture Partners and Menlo Ventures. The company says the investment will support its rapid market growth and drive its product development and…
Agiloft Acquires Screens, AI Contract Review Technology Based On Expert-Built Playbooks
The contract lifecycle management company Agiloft today said it has acquired Screens, developer of a generative AI contract review and redlining product that uses expert-created and auto-generated playbooks to “screen” and redline contracts.
“This strategic acquisition will enhance Agiloft’s data-first Agreement Platform and contract management capabilities, by standardizing the contract review process, promoting…
Epiq Global Launches AI-Powered E-Discovery Platform and AI Research Lab
Epiq Global announced today the launch of Epiq AI Discovery Assistant, an artificial intelligence-powered platform that aims to automate significant portions of the document review process, along with the formation of Epiq AI Labs, a research initiative focused on developing advanced AI technologies for legal applications.
To lead the new lab, Epiq has hired AI…
On LawNext: Insights on Leadership and Innovation in Legal Education, with Anastasia Boyko
Anastasia Boyko likes to say that she’s Goldilocks-ed her way through her career. True, it’s been a varied career, as she’s tried out different roles, but it is a career that has taken her full circle, from Yale Law School, where she graduated, and then eventually back to Yale Law to create a…
Voting Is Now Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2025 in April
With this post, voting is now officially open! Help pick the 15 legal tech startups that will get to compete at the ninth-annual Startup Alley at ABA TECHSHOW, April 2-5, 2025. Your votes determine the 15 companies selected to face off in a live pitch competition that will be the opening-night event of this year’s TECHSHOW…
Report from Thomson Reuters and Georgetown Law Says 2024 Was the Beginning of the End for the Traditional Law Firm Business Model
In their annual report on the state of the U.S. legal market, Thomson Reuters and the Center on Ethics and the Legal Profession at Georgetown Law say that 2024 was a pivotal year for law firms, marking the beginning of the end for the traditional law firm business model and perhaps also of the…
Elite, Business Management Platform for Large Law Firms, Acquires Payments Processor Tranch
Elite, the financial and business management platform for large law firms that Thomson Reuters sold to private equity firm TPG Inc. in 2023, said today that it has acquired Tranch, an invoice automation and payments platform providing invoice management and payment options for law…
Special Edition Today: Legaltech Week’s Year in Review – Our Panelists’ Picks of the Top Stories of 2024
What were the most important stories of 2024 for legal technology and innovation? In a special edition of Legaltech Week today, our panel of journalists and bloggers will share their picks of the trends and developments that mattered most.
The show is live today at 3 p.m. ET. It is free to attend, but you…
AI, Ethics, Essays and Scandals Ranked Among LawSites’ 40 Most Popular Legal Tech Stories of 2024
It says something about our collective attitude towards generative AI in legal that this blog’s most-read story of the year was about lawyers getting sanctioned for hallucinated case citations.
In fact, it will probably not surprise you to learn that, of my 40 most-read stories of the year, 24 involved generative AI in some way.…
What Was the Legal Tech Word of the Year? Hear About that and Other Stories Today on Legaltech Week Live
Join us live today at 3 p.m. ET for Legaltech Week, where today’s agenda includes the big reveal of the legal tech word of the year, a look back at some of the year’s top trends, and our panelists’ picks of the top stories of the week in legal tech and legal innovation.
If you…
Seeking to Expand Access to Justice, Washington State Pilot Will Allow Non-Lawyer Entities to Practice Law
Similar to regulatory reform initiatives in Utah and Arizona, the Washington Supreme Court has entered an order approving a pilot program that will allow companies and nonprofits that are not owned by lawyers to provide legal services under carefully monitored conditions.
The court’s order (Order 25700-B-721), entered Dec. 5, approves
Illinois Supreme Court Releases Policy Authorizing Ethical Use of AI in the Courts
The Illinois Supreme Court today released a policy on the use of generative AI in the courts that authorizes its use by attorneys, judges, court staff and others, provided the use complies with legal and ethical standards.
The Illinois Supreme Court AI Policy, which will take effect Jan. 1, emphasizes that attorneys, judges and…
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