Verbit, the Tel Aviv-based, AI-powered transcription platform, today said it has closed a $31 million Series B funding round led by Stripes, a leading New York-based growth equity firm.

Following an $11 million seed round in March 2018 and a $23 million Series A round in January 2019, this brings the total investment in…

A product coming out today from the e-discovery company CloudNine makes it easy to collect email and attachments from Office 365 email custodians and Microsoft OneDrive cloud storage files.

Called CloudNine Collection Manager, the product is designed to be easy enough for first-time collectors to use yet powerful enough for e-discovery professionals handling…

In what it is positioning as a relaunch of the company, Axiom Managed Solutions, one of two companies spun-off last year from alternative legal services provider Axiom, is changing its name to Factor and launching a new website at www.factor.law.

The company also said that two of the original investors in Axiom, Benchmark…

In a blog post today, Atrium founder Justin Kan confirmed the news first reported on this blog yesterday, that the company is letting go most of its legal services staff and that it will now pivot its focus towards “building a professional services network dedicated to founders.”

The company will keep a small…

In my role as publisher and editor-in-chief of LexBlog, it is my great honor today to announce the winners of the inaugural LexBlog Excellence Awards, a first-of-its-kind contest designed to honor excellence in the writing of legal blog posts.

Unlike other “best blog” awards, ours were not designed to honor overall blogs, but…

With its much-ballyhooed launch in 2017 and its backing by Silicon Valley entrepreneur and Twitch founder Justin Kan, Atrium said it would “revolutionize legal services” through its dual-entity model of a law firm and a separate-but-connected entity to provide back-end services and technology.

But now there are signs the revolution is at…

Building on its 2018 acquisition of the AI technology and consulting firm LexPredict, the global law company Elevate has launched a Digital Strategy and Solutions business unit and hired a big name in legal AI to run it — Brian Kuhn, formerly global managing leader of the IBM Watson Legal business.

The…

Jason Tashea, the lawyer and former technology reporter for the ABA Journal, has joined an early-stage technology startup devoted to empowering pro se litigants in small claims cases.

Tashea is now product manager at Quest for Justice, a company formed last August with the goal of building an access-to-justice platform to enable…

As was reported here yesterday, the London-based contract-management company Juro announced a $5 million Series A investment round led by the U.S. investment banking firm Union Square Ventures. What does the investment mean for the company’s expansion in the U.S. market?

In a conversation yesterday, I put that question to Richard Mabey,…

Reynen Court, a company that is often described as the app store of law, today said it has raised an additional $3 million of financing as it prepares to come out of beta in the first quarter of this year.

The company’s mission is to make it easy for law firms and legal departments…

Legility, a Nashville-based provider of legal operations services for legal departments and law firms, has acquired Inventus, a Chicago- and London-based, international provider of e-discovery services, with locations across Europe, Asia and North America.

The result of the acquisition, Legility says, will be to “create the world’s preferred partner for technology-enabled services for the…

The prominent U.S. investment banking firm Union Square Ventures — known as the backer of technology companies such as Twitter, Twilio, Etsy and Kickstarter, as well as legal research company Casetext — is crossing the pond to lead a $5 million Series A investment round in Juro, a London-based company whose machine learning…