Four years. No institutional capital. An incredible co-founder. Tenacious execution. Lucky timing. And a belief that what we were doing was important. Simply put, it was as rollercoaster.
Dashboard Legal was born from a need
I remember sitting on the 45th floor of Bank of America Tower, 7 years into a corporate biglaw career, and asking myself the question: Am
Continue Reading Guest Post: My Thoughts One Week After Selling My Legaltech Company to Bloomberg
Palo Alto-founded startup Traact today (8 November) officially launches a digitally native cloud platform that is billed as a modular, non-siloed solution for a vast range of operations including entity …
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Handling corporate functions such as entity management, board management and matter management can be complicated and time-consuming. But for corporate legal departments seeking to automate these functions, their choice of products is largely limited to point solutions, requiring multiple, siloed products to address multiple functions. Even worse, some of the available products are antiquated applications that simply adapted paper workflows
Continue Reading Launching Today: Traact Is An All-in-One, ‘Tech First’ Platform for Managing Corporate Legal Functions
Since launching to the legal market in 2021, the matter management platform Dashboard Legal has built a loyal following among law firm associates, who find it a superior alternative to updating and circulating checklists in Microsoft Word or Excel, says founder and CEO Mat Rotenberg.
But the company kept hearing from law firm partners that what they wanted from
Continue Reading New Dashboard Legal Feature Gives Law Firm Partners A Snapshot View Of All Activity Across Matters and Associates
Legal tech startup Dashboard Legal has launched a resource management tool for lawyers and partners, in a pivot that co-founder and CEO Mat Rotenberg says builds on the task management …
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The matter management company may be the latest in a crowd of legal tech vendors integrating generative AI into their tools, but they hope to set themselves apart by focusing on metadata retrieval.
Continue Reading LawBase Integrates Generative AI Into Its Matter Management Solution
Today LexisNexis® CounselLink released its 2022 Annual Trends Report. The unstable economy and a tighter legal market have not caused law firms to pull back on billing rates. To the contrary law firm partner billing rates rose faster last year than they have in a decade.
The average partner rate increased by 4.5% (compared to 3.4% in 2021 and 3.5% in
Continue Reading LexisNexis CounselLink Report: Law Firm Partner Rates up 4.5% in 2022
The product is being developed in partnership with Microsoft, and Microsoft’s Corporate, External and Legal Affairs (CELA) department has signed on as the first preview customer to test and help further develop the product.
The post LexisNexis Announces Preview Launch Of Lexis Connect, AI-Powered Matter Management Within Microsoft Teams appeared first on Above the Law.
Continue Reading LexisNexis Announces Preview Launch Of Lexis Connect, AI-Powered Matter Management Within Microsoft Teams
Lexis Connect is built specifically for corporate legal teams, and built on Microsoft Teams. It includes two generative AI powered chatbots: Ask Legal, and a legal research assistant chatbot tied directly to Lexis Connect.
Continue Reading LexisNexis and Microsoft Announce Lexis Connect, an AI-Powered Matter Intake Application
LexisNexis today announced the preview launch of Lexis Connect, a legal intake and matter management product that works within Microsoft Teams and uses conversational AI assistants to help deliver answers more quickly.
The product is being developed in partnership with Microsoft, and Microsoft’s Corporate, External and Legal Affairs (CELA) department has signed on as the first preview customer to test
Continue Reading Breaking: LexisNexis Announces Preview Launch of Lexis Connect, AI-Powered Matter Management within Microsoft Teams
Tonkean, a Palo Alto-based company that describes itself as the first-of-its-kind process experience platform, has launched a matter lifecycle management product for corporate legal teams, LegalWorks, that it says enables them to harness the potential of AI-powered process automation technology safely — in a way that will not only increase process adoption, improve performance, and create business value,
Continue Reading Tonkean Says Its New LegalWorks ‘Safely’ Brings Generative AI and No-Code Automation to Inhouse Matter Management
The AI-powered chatbot is trained on a limited set of data that Luminance has collected over its years of drafting contracts.
Continue Reading Luminance Rolls Out Generative AI-Powered Chatbot 'Ask Lumi' for Corporate Customers
Australian-headquartered legal matter management vendor Xakia today (9 May) officially launches a new ‘out-of-the-box’ solution to meet the needs of smaller in-house teams, which has received positive customer testimonial (see …
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It is a day of major legal tech deals. Following news earlier today of the merger of Fastcase and vLex, now comes news from Thomson Reuters that it is selling off a majority stake in Elite, its suite of law practice management and financial products for larger law firms, to TPG, a global asset management firm, making Elite a
Continue Reading Thomson Reuters Spins Off Elite As Independent Company Now Owned By Asset Manager TPG
As part of the sale, Thomson Reuters will maintain a minority stake in Elite , which includes 3E, ProLaw, eBillingHib and Mattersphere, and actively support its ongoing development.
Continue Reading Thomson Reuters Sells Majority Stake in Elite Product Business to TPG