LexisNexis Launches Lexis Analytics, Putting A ‘Stake in the Ground’ to Claim the Legal Analytics Space
LexisNexis has been positioning itself in recent years as the leader in legal analytics. In addition to acquiring three legal analytics companies – Intelligize, Lex Machina and Ravel Law – it has been developing analytics of its own within various of its products.
Now, in a major move to integrate all those products and…
Move Over Westlaw – Meet the Next-Generation Westlaw Edge, With Advanced AI and Analytics
It was eight years ago that Thomson Reuters unveiled WestlawNext to great fanfare, eventually phasing out classic Westlaw entirely. A lot has changed in those eight years, both in the legal market and in legal technology.
Today, Thomson Reuters is officially announcing its next-generation legal research platform, Westlaw Edge, which uses advanced artificial intelligence…
Bloomberg Law Announces New Practical Guidance, SEC Analytics, and Real-Time News
With the annual meeting of the American Association of Law Libraries convening this weekend in Baltimore, you can expect to see a flurry of product announcements coming up. Today, the news is from Bloomberg Law, which is announcing a number of enhancements to its legal research service, including more than 30 Practical Guidance…
Breaking: Mozarsky Out As Bloomberg Law President; Breda Replaces Him
Scott Mozarsky is out as president of Bloomberg Law, a position he has held since November 2016. Replacing him as president is Joe Breda, formerly executive vice president of product.
I spoke briefly today with Breda, who informed me of the transition but provided no further details. The news comes just days before…
Diversity is a Competitive Advantage — A Guest Post By Sam Glover
[Editor’s note: This is one of a series of occasional guest posts by Sam Glover, founder of Lawyerist.]
There are lots of good reasons for law firms to work on diversity and inclusion, but here is one more: the data is pretty clear that diverse teams have a competitive advantage over homogenous teams. (That’s…
Avvo Legal Services To Be Shut Down
Legal directory Avvo is shutting down its controversial Avvo Legal Services, a service that provides fixed-fee, limited-scope legal services through a network of attorneys.
Internet Brands, the company that acquired Avvo last January, has decided that the service does not align with its business and focus, according to a letter sent by B.…
Fastcase Announces Its 2018 ‘Fastcase 50’ Honorees
Legal research company Fastcase today announced its eighth annual Fastcase 50 honorees, the “smartest, most courageous innovators, techies, visionaries, and leaders in the law.”
Fastcase has compiled the awards annually since 2011 as a way of highlighting entrepreneurs and visionaries who are helping to drive the future of law. This year’s selections bring the…
With Wide Adoption of Cheetah, Wolters Kluwer Says It Will Sunset Its IntelliConnect Research Platform
It was three years ago this month that Wolters Kluwer formally introduced Cheetah, its next-generation legal research platform that it described at the time as “a re-envisioning of the legal research experience.” As I explained in an ABA Journal review in December 2015, Wolters Kluwer presented Cheetah as a faster, more…
Fastcase Says Its New ‘Analytics Workbench’ Will Allow Build-Your-Own Litigation Analytics
Docket Alarm, the docket tracking and analytics platform acquired last January by legal research company Fastcase, says it has released a new tool, the Analytics Workbench, that will allow legal professionals to build their own bespoke litigation analytics across any court, practice area or litigation event.
Generally, legal analytics products tend…
World Economic Forum’s List of ‘Technology Pioneers’ Includes Just One from Legal
The World Economic Forum, a Geneva-based nonprofit focused on entrepreneurship in the global public interest, has recognized 61 early-stage companies as Technology Pioneers for their design, development and deployment of potentially world-changing innovations and technologies. Of the 61, only one is a legal technology company.
That one is Casetext, the legal research…
Two-Month Tally for Legal Tech Investment: Nearly $200M
For years, the conventional wisdom was that big Silicon Valley and New York investors had no interest in legal technology. Well, the conventional wisdom is no longer true.
In just the last two months, major investment firms have put nearly $200 million into legal technology. More than half, some $100 million, went to one company.…
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