Contract Lifecycle Management

Last week, KKR, a major global investment firm, announced that it had entered into an agreement to acquire a majority stake in Agiloft, the contract lifecycle management company. As part of the deal, the growth equity firm FTV Capital, already an Agiloft investor, is making an additional investment, and another growth equity firm, JMI Equity, is joining as a
Continue Reading As KKR Acquires Majority Stake in Agiloft, An Interview with the CLM Company’s CEO Eric Laughlin

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 part of the transaction FTV
Continue Reading Breaking: Investment Firm KKR Acquires Majority Ownership of CLM Company Agiloft

Contract lifecycle management vendor Agiloft today (2 May) announced the launch of its Generative AI Prompt Lab, which includes pre-configured prompt templates that can leverage customer’s own data – and […]
The post Agiloft launches Gen AI Prompt Lab including ‘bring your own LLM’ capability  appeared first on Legal IT Insider.
Continue Reading Agiloft launches Gen AI Prompt Lab including ‘bring your own LLM’ capability 

It is only Wednesday, but already this week has brought news of four notable investment deals in legal tech.
Luminance
Luminance, a UK-based company that uses artificial intelligence to automate the generation, negotiation and analysis of contracts, and whose product is also used for e-discovery, has raised $40 million in a Series B funding round.
The investment was led
Continue Reading Legal Tech Investment News this Week: Luminance for Contracts, Scrut for GRC, TRĒ for CRM, VXT for VoIP

A remote-controlled race car that redlines documents? A slingshot for launching litigation? A “Yes, But …” button for testing out your legal theories?
These are just some of the products available through the new online store LawLawLand, launched by the contract management company SpotDraft.
While oriented towards inhouse legal teams, the products could be the perfect gag gifts
Continue Reading This New Catalog for Corporate Legal Teams (Or Any Legal Professional) Brings the Comical to Contracts