SmartEsq Launches with Plans to Streamline Private Fund Formations with AI, Promising 80% Time Savings

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SmartEsq, a legal technology startup founded by former Big Law and private equity veterans, announced its official launch today, introducing an AI-powered platform designed to streamline legal workflows for private investment funds.

The company’s platform, scheduled for commercial release later this quarter, aims to reduce the time and cost associated with private fund formation…

What Is OpenAI’s Powerful New Deep Research Tool Capable Of? I Use It to Analyze the Legality of President Trump’s Pause of Federal Grants

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Over the weekend, OpenAI released Deep Research, an AI agent capable of completing multi-step research tasks and synthesizing large amounts of online information. OpenAI’s chief product officer Kevin Weil said it can complete complex research tasks in minutes that might take a person many hours or days, according to The New York Times,…

Bloomberg Law Rolls Out Two AI-Powered Legal Research Tools, Emphasizing Accuracy and Source Attribution

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Bloomberg Law has launched two new generative AI-powered research tools – Bloomberg Law Answers and Bloomberg Law AI Assistant – marking the company’s most significant foray into providing its customers with AI-enhanced legal research capabilities.

While Bloomberg Law had previously rolled out targeted gen AI applications, such as AI-powered complaint summaries on dockets,…

As Two Leading Legal PR Firms Embrace AI, Could This Signal A Major Strategy Shift In How Firms Deliver PR?

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Two prominent public relations and marketing firms serving the legal industry announced notable artificial intelligence initiatives this week, signaling a potential transformation in how legal marketing and communications services are delivered.

Edge Marketing and Limelight, both firms that specialize in legal industry communications, revealed plans to integrate AI technology into their service offerings,…

Universal Migrator Expands Global Reach with New Backup Tools, Now Supporting Over 2,770 Migration Paths

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Universal Migrator has significantly expanded its backup and migration capabilities, adding several new tools specifically designed for Australian legal practice management systems and enhancing dozens of existing connectors. The company has also introduced new utility features that make migrations even more seamless.

Working primarily with legal tech consultants and migration departments worldwide, Universal Migrator…

On LawNext: Reflections On 25 Years Of Innovation In Legal Aid, With The LSC’s Longtime Program Counsel Glenn Rawdon

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Earlier this month, the Legal Services Corporation, the largest funder of civil legal aid in the United States, held its annual Innovations in Technology Conference in Phoenix. This year’s conference was particularly special for two reasons. For one, it was the conference’s 25th anniversary, as well as the 25th anniversary of the Technology…

AI Legal Assistant Platform Paxton Secures $22M Series A Funding

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Paxton, an artificial intelligence platform serving the legal industry, has raised $22 million in Series A funding, bringing its total funding to $28 million, it said today. The round was led by Unusual Ventures, with participation from Kyber Knight, 25Madison, and WVV Capital.

The Oregon-based company offers AI-powered legal assistant tools for legal research,…