In an in-depth piece I wrote about HerculesAI last February, I noted that the past year had been a big one for the company. Well, it just got even bigger, as Aderant, a leading global provider of business management software for law firms, announced it has signed a definitive agreement to acquire…
Harbor Global CEO Matt Sunderman On Driving Digital Transformation in Legal
This year’s ILTACON, which starts later this week, marks the second anniversary of Harbor, a global expert services company formed through the merger of three long-established legal consulting firms: HBR Consulting, LAC Group, and Wilson Allen, and that formally launched at ILTACON in 2023.
The company,…
Descrybe Joins Group of Leading Legal Research Tools in University Curriculum
With the legal research startup Casetext now kaput, having been killed off after its acquisition by Thomson Reuters, a newer legal research startup, Descrybe, has secured its spot in the widely used curriculum of the National Society for Legal Technology, joining established players including Lexis+, Westlaw and Bloomberg Law as one of…
Litera Expands Foundation Platform with Outlook Integration and AI Features
As it continues its “Road to ILTACON” series of product announcements leading up to ILTACON starting later this week, legal technology company Litera has announced updates to its Foundation Platform firm intelligence suite, including adding Microsoft Outlook integration and expanded AI capabilities through its Lito assistant.
The Chicago-based company’s Foundation Platform combines client relationship management…
Reveal Launches ‘aji’ Gen AI Review Platform with Free Access Through 2025
The e-discovery company Reveal Data today announced that it will launch its new generative AI-powered document review platform, which it is calling “aji,” in late September. The company said it is offering full access to the platform at no cost through Dec. 31, in order to enable “the entire legal community to explore and master…
Thomson Reuters Launches CoCounsel Legal with Agentic AI and Deep Research Capabilities, Along with A New and ‘Final’ Version of Westlaw
Two months ago, at a media briefing in its New York City offices, Thomson Reuters teased the launch of the “next gen” of its CoCounsel artificial intelligence platform, marking what the company said would be a fundamental shift from AI assistants that respond to prompts to intelligent agentic systems that can plan, reason and…
Breaking: Elite, A Financial Management Platform for Larger Firms, Has Been Acquired By Francisco Partners
Hot off the presses is news that Francisco Partners, a major global investment firm that specializes in partnering with technology businesses, announced plans to acquire Elite, a legal technology company that specializes in financial management and business operations.
It will acquire it from its current owners, TPG Capital, the U.S. and European private equity platform of…
NetDocuments Expands AI Capabilities with Document Profiling and Agentic Editing Tools
NetDocuments today announced significant enhancements of its document management system, introducing AI-powered document profiling capabilities and the company’s first agentic AI tool for editing documents directly within Microsoft Word.
The new features come as part of the company’s ongoing push to embed artificial intelligence more deeply into legal workflows while enabling legal professionals to…
NetDocuments Launches ndConnect Integration Program and Partnerships with Harvey and Legora
NetDocuments today announced ndConnect, a new interoperability program designed to integrate third-party AI solutions directly into its document management system, starting with partnerships with legal AI vendors Harvey and Legora.
The company says that ndConnect addresses a growing need among legal professionals to use various AI tools while maintaining security and governance standards within their…
Litera Expands Litera One Platform with New Drafting and Knowledge Management Features
Continuing its “Road to ILTACON” series of product announcements that I wrote about earlier this week, Litera today announced several enhancements to its Litera One platform, adding new workflows designed to integrate knowledge management and client relationship data directly into Microsoft Word and Outlook environments.
The Chicago-based legal technology company introduced four new features to…
On LawNext Podcast: SpotDraft’s Shashank Bijapur — From Late-Night Due Diligence to Legal Tech Innovation
What happens when a Harvard-trained corporate lawyer, tired of copying and pasting contract language, starts reading about self-driving cars? In Shashank Bijapur’s case, it sparked the creation of SpotDraft, a contract lifecycle management company that just raised $54 million in Series B funding and that counts major companies such as Airbnb among its…
Streamline AI, Founded By Former DoorDash Lawyer, Closes New Funding Round To Automate In-House Workflows
Streamline AI, a company founded in 2020 by a former DoorDash attorney to address the challenges she encountered in her legal work, today said it has closed an $8.6 million Series A round, to bring its total funding to $14 million.
This latest round was led by Blumberg Capital, with…