Thomson Reuters, continuing to build on its acquisition last June of Casetext and its CoCounsel generative AI legal assistant for a whopping $650 million cash, today disclosed plans to deploy CoCounsel as a single and continuous AI assistant across its entire portfolio of products spanning every professional its serves in legal, tax, risk and…
On LawNext: All About KL3M, The First LLM Built From Scratch for Legal, with 273 Ventures’ Jillian Bommarito
With so much focus on the use of large language models in law practice, the Kelvin Large Language Model – or KL3M (pronounced CLEM) for short – stands out as distinct for two reasons. For one, it is the first LLM built entirely from scratch specifically for the legal market. In addition, it is…
Of All This Year’s Webby Awards Honorees, Just One Is A Legal Tech Company – You Can Vote for It By April 18
Every year, the International Academy of Digital Arts & Sciences (IADAS) hands out its Webby Awards, which honor excellence on the internet and recognize influential creators and brands.
There are actually two awards — The Webby Award selected by IADAS and The Webby People’s Voice Award, voted on by the online community of…
Two Launches Today from vLex: A Gen AI Document Analyzer for Litigation and Transactions, and A Co-Development Lab to Help Customers Adapt AI
The global legal research company vLex today announced the launch of Vincent AI Document Analyze, a new tool in its suite of generative AI features that enables legal professionals to analyze litigation and transactional documents and surface legal and factual information that they can use in preparing a response.
Also today, vLex said it…
Thomson Reuters Launches Developer Portal Giving Access to Over 100 APIs for Legal, Tax, Risk and Fraud
Thomson Reuters has launched a global Developer Portal giving access to over 100 APIs, providing tax, legal, risk and fraud professionals with tools to more easily integrate their workflows with the company’s technology, data, content and insights.
TR says that, by providing developers with API access to its data and insights, the portal should serve…
Law Students in BYU Law’s LawX Program Develop Two Applications Targeting Access to Justice
Two teams of law students, as part of their education at Brigham Young University Law School, have developed applications targeting issues of access to justice, and today, on the last day of classes, they will showcase what they have built at a special event expected to be attended by members of the local legal…
The Five Most Momentous Legal Tech Fails
While the last few years have brought an abundance of new and innovative legal tech products to market, the fact of the matter is that not every new product will succeed. Inevitably, for whatever reason, some products fail. But one thing for certain is that while some products shut down with a whimper, others go…
Miss Last Friday’s Legaltech Week? Here’s the Video. Among Our Topics: Should We Ban ‘Nonlawyer’?
If you missed it last Friday, here is Legaltech Week for April 5, 2024.
Among our topics: Banning “nonlawyer,” updates from the International Association of Privacy Professionals, lawyer chastised for Microsoft Word screw-up, and more.
You can always catch all prior episodes as a podcast or on YouTube.
In addition to regular panelists Niki Black, Caroline…
New Product from Litera Uses Gen AI to Create Database of Corporate Deal Terms from a Firm’s Own Documents
Litera today released a new product that uses generative artificial intelligence to create a database of corporate deal terms from a law firm’s own documents, in order to give legal teams easy access to al relevant data points from prior transactions, whether for negotiating a deal or pitching a potential client.
The product, Foundation…
As It Continues to Expand Beyond Legal Research, Bloomberg Law Acquires Legal Project Management Platform Dashboard Legal
Furthering its expansion beyond legal research and into other products aligned with legal professionals’ day-to-day workflows, Bloomberg Law has acquired Dashboard Legal, a project management and collaboration platform specifically designed for the legal market.
The acquisition builds on the company’s launch last year of Bloomberg Law Contract Solutions, an AI-powered solution for…
The LawNext Podcast Surpasses 250 Episodes of Chronicling the Innovators and Entrepreneurs Who Are Driving What’s Next In Law
I realized today that my LawNext podcast recently hit a milestone — its 25oth episode. In fact, with the latest episode posted this week, we are up to 254 episodes.
All 254 are shown in the image above or on this live-with-links episode gallery.
When I started LawNext in 2018, I was no…
With Goal of Promoting Open Access to Legal Scholarship, Yale Law School Launches Law Archive
With the goal of making legal scholarship freely available outside of “proprietary and predatory frameworks,” Yale Law School has launched Law Archive, a free and open archive for publishing legal scholarship.
Developed by Yale’s Lillian Goldman Law Library and the Center for…
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