Last week, I reported here that researchers at Stanford University planned to augment a study they released of generative AI legal research tools from LexisNexis and Thomson Reuters, in which it found that they deliver hallucinated results more often than the companies say in their marketing of the products.
The study came under criticism…
LexisNexis Legal & Professional said today that it has entered into an agreement to acquire Henchman, a Belgium-based contract drafting legal technology company.
LexisNexis said it is acquiring the company for its document management system that enable faster document drafting. It say its technology enriches a law firm’s internal work product,…
I am running out the door, but this news just broke. Here is the unedited announcement:
KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”). As…
Legal editing software company BriefCatch has expanded its management team with the hiring of three legal technology veterans to key positions.
The hires follow the company’s raise last year of $3.5 million in an oversubscribed seed round.
At the time of the raise, founder and CEO Ross Guberman said the company would…
In a move designed to expand its products for online dispute resolution, the American Arbitration Association has acquired ODR.com, a company that builds ODR systems, and its parent company, Resourceful Internet Solutions Inc. (RIS), which also owns Mediate.com, Arbitrate.com and Ombuds.org.
The companies said that the immediate focus of…
Document management company iManage and legal research company vLex now have something else in common besides brand names that start with lower-case letters.
The two companies today announced a partnership that will combine the artificial intelligence and docket-monitoring tools of vLex with the knowledge assets and client and matter folders that a law…
Stanford University will augment the study it released last week of generative AI legal research tools from LexisNexis and Thomson Reuters, in which it found that they deliver hallucinated results more often than the companies say, as others have raised questions about the study’s methodology and fairness.
The preprint study by Stanford’s RegLab…
Since 2010, the nonprofit Free Law Project has been working to make the legal ecosystem more equitable and competitive using technology, data and advocacy. It may be best known for CourtListener, its flagship project that houses an immense collection of court orders…
Solo and small firm lawyers intend to adopt artificial intelligence at a much faster pace than their larger-firm counterparts, but their clients are even more enthusiastic about the technology, believing it can result in more affordable and higher quality services from their lawyers.
So says the 2024 Legal Trends for Solo and Small Firms report,…
In what has become an annual tradition, nominations have now opened for the American Legal Technology Awards, which honor exceptional achievement in various aspects of legal technology.
You will be shocked to learn that a new award category has been added this year — the Artificial Intelligence Award, highlighting innovation in applying AI to…
Document automation software is a key tool for any law firm looking to streamline its creation of legal documents and better manage client-intake data. But with a number of products to choose from, picking the right document automation software for your firm can be difficult.
In this review of Gavel, previously known as Documate,…
In recent months, Epiq, a global company providing technology-enabled legal services, has announced new artificial intelligence and analytics features built using the AI capabilities of Amazon Web Services. These new features include a framework for building, training and deploying bespoke machine learning models as secure APIs for…
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