Contract Review and Analysis (Post Signature)

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Does the corporate legal market need yet another contract lifecycle management product? Well, Bloomberg Law thinks it does.
Last month, Bloomberg Law released a survey it conducted with legal news and information company ALM that found that nearly 75% of in-house counsel said that their contract workflow technology did not meet their needs, even though contracts-related tasks make up at…
Continue Reading Bloomberg Law Launches A Product For Storing, Searching, Drafting and Negotiating Contracts

Seattle-headquartered contract management vendor Lexion has raised a $20m Series B funding round led by Point72 Ventures, with participation from Citi Ventures, and existing investors Khosla Ventures, Madrona Venture Group, …
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The post Contract management: Lexion raises $20m Series B appeared first on Legal IT Insider.
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Lexion, an AI-powered contract management system for mid-market corporations that emerged out of the Allen Institute for AI, the AI research institute created by Microsoft cofounder Paul Allen, said today that it has raised $20 million in Series B funding, bringing its total amount raised to more than $35 million.
This latest funding round was led by Point72 …
Continue Reading AI Contract Management Platform Lexion Raises $20M Series B to Further Develop Its Technology

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This week marked the annual Legalweek show in New York, one of the world’s largest and most prominent legal technology conferences. Although COVID kept me from attending, it is not keeping me from covering the news coming out of the show.
Previously, I posted part one of my roundup of Legalweek news, featuring news from Reveal-Brainspace, Casepoint, DISCO, ContractPodAi, Haystack…
Continue Reading Legalweek News Roundup Part 2: CASEpeer, Evisort, Everlaw, Hanzo, LawPay, LexCheck, LinkSquares, LegalEase, Logikcull, Milestones, MyCase

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This week brought the annual Legalweek show to New York, one of the world’s largest and most prominent legal technology conferences. Traditionally a place where major legal tech companies announce new products and features, this year was no different, save for slew of GPT-related announcements. As has been the case for several years, e-discovery and contract-management companies dominated the news…
Continue Reading Legalweek News Roundup Part 1: Reveal, Casepoint, DISCO, ContractPodAi, HaystackID, Repario

In a week dominated by press releases from vendors exhibiting at the Legalweek conference in New York, here are the announcements you need to know about in brief, broken down …
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The post Legalweek news in brief: New product launches, partnerships and surveys appeared first on Legal …
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Most people don’t have $100 million severance clauses, but they should figure out what they do have.
The post Anyone Working For Elon Musk (Or Anyone Else For That Matter) Should Probably Run Their Contracts Through This Right Now appeared first on Above the Law.
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Zuva, the company that spun off from Kira Systems after Kira was acquired by Litera in 2021, is offering a completely free version of its AI-powered contract review technology, which can be used by anyone just by uploading contracts to Zuva’s website.
“Contracts AI is typically pretty expensive,” Noah Waisberg, Zuva’s CEO and cofounder and the original cofounder…
Continue Reading Zuva Launches Free AI-Powered Contracts Review Tool

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With the legal industry consumed with interest in generative AI and legal tech companies scrambling to incorporate the technology into their products, it was a sure bet that, sooner rather than later, Casetext would come out with a product of its own.
After all, this is the company that had already launched the powerful neural net search technology AllSearch and…
Continue Reading Casetext Launches Co-Counsel, Its OpenAI-Based ‘Legal Assistant’ To Help Lawyers Search Data, Review Documents, Draft Memos, Analyze Contracts and More

“Our AI legal assistant is the first of its kind,” said Jake Heller, co-founder and CEO of Casetext. “It creates a momentous opportunity for attorneys to delegate tasks like legal research, document review, and contract analysis to an AI, freeing them to focus on the most impactful aspects of their practice.”
Continue Reading Casetext Introduces AI Legal Assistant CoCounsel, Incorporating Most Advanced Models from OpenAI

Dutch-headquartered information services company Wolters Kluwer announced at the end of 2022 that it has acquired AI-backed contract review provider Della. We asked Sergio Liscia, vice president and general manager …
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The post What Wolters Kluwer’s acquisition of Della means for customers of both companies…
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