In Its Second Acquisition In A Month, Onit Picks Up Document Automation Company AXDRAFT

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In its second acquisition in a month, Onit, the Houston company that provides enterprise workflow products for corporations and corporate legal departments, has acquired AXDRAFT, a Y Combinator-backed company whose software automates the creation of routine contracts and legal documents.

Founded in 2017, the Ukrainian company says that its technology enables corporate legal…

Final Deadline Friday for Startup Alley Applications

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Pass the word to your favorite legal tech startup. This Friday is the final deadline for applications to compete in the fifth-annual Startup Alley at ABA TECHSHOW. Applications will not be accepted after midnight Pacific time on Dec. 18.

Fifteen startups will be selected to participate in a virtual pitch competition that will be…

LexisNexis Releases Unique ‘Crowdsourced’ Resource for Commercial Leases

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LexisNexis today launched a unique “crowdsourced” solution to a problem faced by lawyers who negotiate commercial leases, which is the lack of data on market standards and trends to aid them in lease negotiations.

Because commercial leases are typically private, lawyers are unable to get a broad view of the terms and standards used in…