Contract Automation and Drafting (Through Signature)

Jack Wicks is senior product manager at Agiloft with a maths degree from the University of Warwick. As part of Legal IT Insider’s Career Insights series, which features the most […]
The post Legaltech Career Insights: Jack Wicks, senior product manager for Agiloft’s AI innovation team appeared first on Legal IT Insider.
Continue Reading Legaltech Career Insights: Jack Wicks, senior product manager for Agiloft’s AI innovation team

Henchman, a legal tech startup that provides legal teams with quick access to their previously written contract clauses and definitions directly within Microsoft Word, today released what it says is a first-of-its-kind integration with Microsoft Copilot through which Copilot users will be able to surface clauses and precedents from their document management systems that had been processed by Henchman.
Continue Reading AI Contract Drafting Startup Henchman Unveils Microsoft Copilot Integration, Calling It First of Its Kind

The contract review company LegalOn Technologies today released LegalOn Assistant, a generative AI chat interface that can answer questions about your contracts, draft clauses, summarize contract terms, and more.
The assistant is available directly within LegalOn’s in-browser contract editing interface and it is available immediately to all customers at no extra cost.
The company says that LegalOn Assistant is
Continue Reading Contract Review Company LegalOn Releases Generative AI Assistant to Shortcut Key Tasks

LegalOn Technologies, has launched LegalOn Assistant, which can answer contract questions, draft clauses, summarize contract terms, and more. According to US CEO Daniel Lewis,  “LegalOn Assistant is an extension of your legal team. It saves you time, handles mundane tasks, and is easy to use in day-to-day work.”

LegalOn includes a suite  tools for streamlining contract review and drafting.
Continue Reading LegalOn Launches Gen AI Assistant for Contract Questions, Summarization, and Drafting

The Belgium document automation company ClauseBase has launched a major expansion of its product to add new capabilities for clause extraction, AI-powered document review, and automated proofreading, all with the goal of providing an all-in-one platform, within Microsoft Word, for contract drafting, reviewing and negotiating.
ClauseBase launched in 2018 as a contract drafting platform that allows lawyers to turn their
Continue Reading ClauseBase Expands to Provide All-in-One Legal Drafting and Reviewing Within Word

TermScout, an AI contract review company, has launched a first-of-its-kind AI marketplace where lawyers and other contracting experts can build and sell their own contract review AIs, developed based on their unique expertise.
The marketplace, called Screens, provides lawyers with an opportunity turn their expertise from a service into a product, while at the same time enabling those
Continue Reading TermScout Launches Screens, First-of-its-Kind Marketplace for Lawyers to Build and Sell Contract Review AIs

This week brought notable funding rounds for two legal technology companies, Proof and Spellbook, and a much-smaller seed round for a newer legal tech startup.
Proof Raises $30M Series B
Proof Technology, whose platform facilitates on-demand service of process and electronic filing, has closed a $30.4 million Series B funding round. The round was led by Long Ridge Equity Partners
Continue Reading Money for Legal Tech: Two Big Financings this Week (and One Little One)

Thomson Reuters has begun the international expansion of its generative AI assistant CoCounsel Core, beginning with Canada and Australia, as it focuses on expanding CoCounsel’s availability in English-speaking countries.   TR […]
The post Thomson Reuters CoCounsel expands out of US as it also launches new Practical Law AI tools  appeared first on Legal IT Insider.
Continue Reading Thomson Reuters CoCounsel expands out of US as it also launches new Practical Law AI tools 

Spellbook, the legal contract drafting and review tool powered by both OpenAI and Anthropic large language models, has raised a $20M Series A funding round led by Montreal-based venture capital firm […]
The post Gen AI contract drafting and review assistant Spellbook raises $20m Series A Funding appeared first on Legal IT Insider.
Continue Reading Gen AI contract drafting and review assistant Spellbook raises $20m Series A Funding

With two new generative AI-powered features in Practical Law called Ask Practical Law AI and Practical Law Clause Finder, along with the expansion of CoCounsel Core internationally, Thomson Reuters is moving forward with its generative AI plans.
Continue Reading Thomson Reuters Announces New Gen AI Features Within Practical Law, CoCounsel Core Expansion