Law firm Slaughter and May, a longtime Luminance investor, also participated in the round.
Continue Reading Luminance Raises $40 Million in Series B Funding, Plans U.S. Expansion
Contract Review and Analysis (Post Signature)
Breaking news: Luminance raises $40m Series B
Luminance has raised $40m Series B funding led by Santa Monica-based growth-stage venture firm, March Capital, with participation from National Grid Partners and other existing investors, including magic circle law […]
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Legal Software is 2023 Growth Leader – Okta Businesses at Work Report
From : Blog Entry >> Maureen’s Blog EntryHi ILTAns! This post has new data about legal applications and enterprise software used in #legaltech, including 1Password, KnowBe4, Ironclad, Vanta, Drata, and Microsoft. There is nothing commercial in this content. Pure data and #dataviz . Enjoy! Okta has application usage data which you simply will not find anywhere else. This year’s…
Continue Reading Legal Software is 2023 Growth Leader – Okta Businesses at Work Report
Legaltech Career Insights: Jack Wicks, senior product manager for Agiloft’s AI innovation team
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 […]
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Contract Review Company LegalOn Releases Generative AI Assistant to Shortcut Key Tasks

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
Contract Technology Provider LegalOn Launches GPT-4-Powered Legal Assistant
LegalOn Assistant leverages an OpenAI-powered generative AI model to answer questions about documents, draft new clauses and revisions, and summarize parts of, or changes to, a contract.
Continue Reading Contract Technology Provider LegalOn Launches GPT-4-Powered Legal Assistant
LegalOn Launches Gen AI Assistant for Contract Questions, Summarization, and Drafting
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
Tokyo-Based Contract Provider LegalOn Launches GPT-4-Powered Legal Assistant
LegalOn Assistant leverages an OpenAI-powered generative AI model to answer questions about documents, draft new clauses and revisions, and summarize parts of, or changes to, a contract.
Continue Reading Tokyo-Based Contract Provider LegalOn Launches GPT-4-Powered Legal Assistant
Innovations in Contract Technology Winner, Provider: Luminance
“Now more than ever, incoming generations of workers will expect technology to already be integrated in their workplace, so we must ensure the entire industry is on the front foot,” said Eleanor Lightbody, CEO of Luminance.
Continue Reading Innovations in Contract Technology Winner, Provider: Luminance
ClauseBase Expands to Provide All-in-One Legal Drafting and Reviewing Within Word

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…
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LG Chem becomes first Korean company to adopt Luminance Corporate
Luminance announced today (20 February) that LG Chem has become the first Korean company to adopt its contract negotiation and management product, Luminance Corporate. LG Chem is one of the […]
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TermScout Launches Screens, First-of-its-Kind Marketplace for Lawyers to Build and Sell Contract Review AIs
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…
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Money for Legal Tech: Two Big Financings this Week (and One Little One)

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 CoCounsel expands out of US as it also launches new Practical Law AI tools
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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Gen AI contract drafting and review assistant Spellbook raises $20m Series A Funding
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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Spellbook Raises $20 Million in Series A Funding, Plans New AI Capabilities, Platform Expansion
Spellbook, which offers a generative AI-powered contract drafting and negotiation platform, is planning new developments focused on personalization, end-to-end workflows, accuracy and speed.
Continue Reading Spellbook Raises $20 Million in Series A Funding, Plans New AI Capabilities, Platform Expansion