In addition to confirming that the deal had officially closed, Thomson Reuters also indicated that it is collaborating with Casetext “on a legal drafting solution that leverages Westlaw, Practical Law and Document Intelligence.”
Continue Reading Thomson Reuters Officially Acquires Casetext for $650 Million as Deal Closes
On LawNext: LexFusion CEO Joe Borstein On His Company’s Third Anniversary and His Client Casetext’s Acquisition By Thomson Reuters
In October 2020, legal industry veterans Joe Borstein and Paul Stroka set out to change the legal tech sales paradigm by founding LexFusion as a go-to-market representative of a curated collection of companies across major categories of legal technology. As the company nears its third anniversary, Borstein joins me on the LawNext podcast to reflect on its successes and failures
Continue Reading On LawNext: LexFusion CEO Joe Borstein On His Company’s Third Anniversary and His Client Casetext’s Acquisition By Thomson Reuters
Legal Reacts to Thomson Reuters' Casetext Acquisition: 'The Winners Are Yet to Be Determined'
Days after Thomson Reuters announced its $650 million acquisition of legal research company Casetext, known for its AI legal assistant CoCounsel, the legal industry had questions about what the purchase means, and doesn’t.
Continue Reading Legal Reacts to Thomson Reuters' Casetext Acquisition: 'The Winners Are Yet to Be Determined'
On Today’s Live Legaltech Week: Nota’s CEO Is Our Guest and We’ll Weigh In On the Casetext Acquisition
We have a packed program for today’s Legaltech Week, live at 3 p.m. ET, with a guest speaker and then our deep dive into the Casetext acquisition news.
To kick off the show, we’ll be joined by Paul Garibian, CEO of Nota, to talk about his company’s first-of-its-kind relationship with The Florida Bar, announced Monday, to
Continue Reading On Today’s Live Legaltech Week: Nota’s CEO Is Our Guest and We’ll Weigh In On the Casetext Acquisition
Thomson Reuters $650M Bet on Casetext CoCounsel. Did They Buy Market Dominance or Just Time?
Thomson Reuters’ deal to purchase Casetext has driven the legal tech hype cycle to a fever pitch. Don’t get me wrong. I am a big fan of Casetext. I have been an admirer for over a decade. More than once, I have watched them not just beat the market, but redirect the market and invent whole new categories of legal research products.
Continue Reading Thomson Reuters $650M Bet on Casetext CoCounsel. Did They Buy Market Dominance or Just Time?
An Interview with Casetext CEO Jake Heller on His Company’s Acquisition By Thomson Reuters
Yesterday afternoon, I had the chance to sit down for about 20 minutes via Zoom with Jake Heller, the founder and CEO of Casetext, to discuss his company’s acquisition by Thomson Reuters in a $650 million cash deal.
What follows is a transcript of our conversation, which I have condensed and edited very slightly for style and continuity.
Continue Reading An Interview with Casetext CEO Jake Heller on His Company’s Acquisition By Thomson Reuters
Thomson Reuters Buying Casetext… Just Like We Knew They Would
Seems like a win-win.
The post Thomson Reuters Buying Casetext… Just Like We Knew They Would appeared first on Above the Law.
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As Thomson Reuters Explains Its Acquisition of Casetext, Some Investors Seem Uncertain
Compared to Thomson Reuters, Casetext is a relatively small company with relatively minimal revenue, and one that effectively refocused its product strategy over the past year, launching its generative AI product CoCounsel just four months ago.
So why did TR shell out a record $650 million in cash to acquire Casetext? That was the question on the minds of
Continue Reading As Thomson Reuters Explains Its Acquisition of Casetext, Some Investors Seem Uncertain
Breaking News: Thomson Reuters to Acquire Casetext
In the oddest of “odd couplings” Casetext which just celebrated their 10th anniversary is being acquired by Thomson Reuters. for more than $650M. Congrats to Casetext Co-Founders Jake Heller, Pablo Arredondo and Laura Safdie.
Here is the press release from Thomson Reuters.
TORONTO, June 26, 2023 –Thomson Reuters Corporation (“Thomson Reuters”) (NYSE / TSX: TRI), a global content and technology company,
Continue Reading Breaking News: Thomson Reuters to Acquire Casetext
The Rumors Were True: Thomson Reuters Acquires Casetext for $650M Cash
Rumors had been swirling that Thomson Reuters was about to acquire Casetext, and they proved to be true.
Just before 9 p.m. Eastern time today, TR said it had signed a definitive agreement to acquire Casetext for $650 million cash.
“The proposed transaction will complement Thomson Reuters existing AI roadmap and builds on its recent initiatives, including a commitment to
Continue Reading The Rumors Were True: Thomson Reuters Acquires Casetext for $650M Cash
Thomson Reuters to Acquire Casetext for $650 Million Cash
“The acquisition of Casetext is another step in our ‘build, partner and buy’ strategy to bring generative AI solutions to our customers,” said Steve Hasker, president and CEO of Thomson Reuters, in the press release.
Continue Reading Thomson Reuters to Acquire Casetext for $650 Million Cash
Thomson Reuters acquires legal research challenger Casetext for $650m
Thomson Reuters Corporation has signed a definitive agreement to acquire legal tech research challenger Casetext for $650m cash. Founded by CEO Jake Heller in 2013 with a view to democratising …
Thomson Reuters acquires legal research challenger Casetext for $650m Read More »
The post Thomson Reuters acquires legal research challenger Casetext for $650m appeared first on Legal IT Insider
Continue Reading Thomson Reuters acquires legal research challenger Casetext for $650m
Casetext Co-Founder Laura Safdie on an Innovative GC's Role: 'I See the Forest, but I Don't Lose Sight of the Trees'
As Casetext turns 10 years old, generative AI is causing “the nature of what it means to practice law, the kind of work that we as lawyers are doing on a day-to-day basis, to shift in ways that I think are wonderful,” said COO, GC and co-founder Laura Safdie.
Continue Reading Casetext Co-Founder Laura Safdie on an Innovative GC's Role: 'I See the Forest, but I Don't Lose Sight of the Trees'
How A Startup Evolves: As Casetext Marks 10th Year Anniversary, Here’s Its History Through 50 Blog Posts
The legal technology company Casetext celebrates its 10th anniversary today. In a blog post the company published today, it describes itself as “a ten-year overnight success.” That sums it up well. Like many startups, its path to success has taken it on detours along the way. The company it started as in 2013 is not the company it is today.
Continue Reading How A Startup Evolves: As Casetext Marks 10th Year Anniversary, Here’s Its History Through 50 Blog Posts
One Of The Best Generative AI Products In Legal Rumored To Be In Acquisition Talks Worth ‘Hundreds Of Millions’
Someone is reportedly talking to Casetext. But who?
The post One Of The Best Generative AI Products In Legal Rumored To Be In Acquisition Talks Worth ‘Hundreds Of Millions’ appeared first on Above the Law.
Continue Reading One Of The Best Generative AI Products In Legal Rumored To Be In Acquisition Talks Worth ‘Hundreds Of Millions’
Revolutionizing Legal Practice: The Impact of CaseText’s CoCounsel on Law and Technology with Pablo Arredondo, Evan Shenkman, and Darth Vaughn (TGIR Ep. 199)
In this episode of “The Geek in Review,” hosts Greg Lambert and Marlene Gebauer engage in a fascinating conversation with legal technology experts Pablo Arredondo, Evan Shenkman, and Darth Vaughn. They discuss their proactive approach to incorporating AI technology, specifically CaseText’s CoCounsel, into their legal practice and business operations.
Pablo shares, “I think the law is
Continue Reading Revolutionizing Legal Practice: The Impact of CaseText’s CoCounsel on Law and Technology with Pablo Arredondo, Evan Shenkman, and Darth Vaughn (TGIR Ep. 199)