Contract Review and Analysis (Post Signature)

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 […]
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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 […]
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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

In November, when Thomson Reuters announced the integration of generative AI within its flagship legal research platform Westlaw Precision, it also announced the beta version of a generative AI integration within Practical Law.
Today, Thomson Reuters is formally releasing that generative AI feature in Practical Law, called Ask Practical Law AI, and also releasing a second AI-driven Practical Law tool,
Continue Reading New AI Features In Practical Law Enable Users To Ask Legal Questions And Find Relevant Contract Clauses

In October, the contract lifecycle management company SpotDraft announced an early-access release of its new generative AI add-in for Microsoft Word, called VerifAI, designed to help lawyers streamline the process of reviewing contracts. Now, SpotDraft is releasing the product for general availability, with the option for anyone to try it free for two weeks.
As I reported here when
Continue Reading SpotDraft’s Gen AI Contract Review Product, VerifAI, Released for General Availability, with Free Trial

Robin AI has raised $26m Series B funding led by Temasek, a global investment company headquartered in Singapore, as it looks to grow in the United States and Asia Pacific. …
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Continue Reading Robin AI raises $26m to drive expansion in US and APAC

LexCheck CEO noted that the new offering, which looks to offer flexible staffing for LexCheck clients who need subsequent rounds of contract review, will be staffed in part by a “panel of lawyers” made up of individual contract negotiators subscribing to LexCheck.
Continue Reading LexCheck Launches DealDesk Services, Supplementing AI Review With Contract Lawyers

Contract review and intelligence platform LexCheck has launched a services offering with LexCheck DealDesk services. The new offering combines the expertise of contract lawyers with LexCheck’s technology solution to provide …
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Continue Reading LexCheck launches contract services offering with DealDesk