For some two decades, Mark Chandler has been a leading voice for innovation and technology in the operation of legal departments and the delivery of legal services. Executive vice president and chief legal officer at technology giant Cisco, he has been the company’s top lawyer since 2001 and a member of its legal department since…
Startup Launching Today Will Develop Software to Help Firms and Organizations Better Use Data
Making its official launch today is Infinnium, a software company that aims to redefine how law firms, corporations and other organizations interact with data in order to improve information management, information governance, regulatory and privacy compliance, and e-discovery.
The Chantilly, Va., company says it will develop software using artificial intelligence and machine learning designed…
UK AI Company Luminance Gets $10 Million Series B Funding
The UK company Luminance, an artificial intelligence platform for contract review, today announced that it has completed a Series B funding round of $10 million, at a valuation of $100 million.
The funding was raised from existing investors Invoke Capital, Talis Capital and Slaughter and May. The funds will be used to support product expansion and…
Chatbots are Coming to Lexis Advance, to Help Guide Your Legal Research
“What if legal research was more human, more like a conversation, the kinds we have among ourselves?”
With that tantalizing query, Serena Wellen, senior director of research information at LexisNexis, revealed during a Legalweek media briefing that the legal research platform Lexis Advance will soon include chatbots to help guide users in their research.…
Law Firm Wilson Sonsini Launches Subsidiary to Develop Consumer-Facing Tech Products
The law firm Wilson Sonsini today announced the launch of SixFifty, a software subsidiary that will develop automated tools designed to make legal processes more efficient and affordable for individuals, small businesses and emerging companies.
Named to lead the new subsidiary are Kimball Dean Parker as president and Lincoln Porter as CTO.…
LawNext Episode 27: Founder Eric Elfman On Onit’s $200M Investment
We thought 2018 was a banner year for investment in legal technology companies. But then, less than two weeks into 2019, the year got off to a roaring start with news of a $200 million strategic investment in Onit, a Houston company that provides enterprise workflow products for legal management, contract management and business process…
Five Days, Two Conferences, One Echo Chamber
I spent last week at two conferences in New York City. First up was Legalweek, the rebranded version of the venerable Legaltech conference, an annual affair since 1982. Friday brought me to Inspire.Legal, a new “unconference” devoted to “inspiring creative new solutions” to “the most pressing problems facing our industry.”
While they were very different…
In E-Discovery Deal, OpenText Acquires Catalyst for $75 Million
OpenText, a Canadian company that specializes in enterprise information management, has acquired Denver-based e-discovery company Catalyst Repository Systems, a provider of e-discovery technology for corporate legal departments and top law firms.
The purchase price of the acquisition is approximately $75 million in an all-cash transaction, according to a statement by the company. Catalyst…
LawNext Episode 26: Mark Cohen’s Strategies for the Global Legal Marketplace
Mark A. Cohen has long been ahead of the curve. After 25 years as an accomplished trial lawyer, he founded one of the first legal process outsourcing companies and then cofounded Clearspire, the groundbreaking two-company law firm and service provider that became the blueprint for a new generation of innovative legal services providers.
Now,…
Relativity Reduces Data Fees for SaaS Customers, Adds New Licensing for Service Providers
E-discovery company Relativity is today announcing new pricing and licensing options for its cloud-based RelativityOne product, reducing data fees by up to 50 percent, introducing a more flexible billing model for all RelativityOne customers, and creating a special licensing option for e-discovery service providers at a lower wholesale rate.
Today’s announcement encompasses five…
Westlaw Edge Gets New ‘Precedent Analytics’ Showing the Cases and Courts Judges Rely On
When Thomson Reuters unveiled its next-generation Westlaw Edge last July, it was the first time its legal research platform featured integrated litigation analytics, providing detailed docket analytics covering judges, courts, attorneys. and law firms, for both federal and state courts.
It was significant news, not only because analytics are fast becoming
#Legalweek19 Preview: How Technology Is Transforming Legal Practice
If you are reading this blog, then I don’t have to tell you: Little has more dramatically changed the practice of law than technology. For better or for worse, the technological advances of the past decade have irrevocably changed the legal industry and forever transformed the way we practice law.
This is one in a
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