Legal Research and Knowledge Management

It has been a while since I have written about the copyright lawsuit by legal research giant Thomson Reuters against the no-shuttered legal research startup Ross Intelligence, in which TR alleges that Ross stole copyright content from Westlaw to build its own completing legal research product.
But today, the judge overseeing the case, 3rd U.S. Circuit Court of Appeals Judge
Continue Reading Breaking: Judge Rules Ross Intelligence Copied Westlaw’s Headnotes, But Leaves for Jury to Decide if It Violated Thomson Reuters’ Copyright

eDiscovery Assistant, a legal research platform for e-discovery case law and resources, is today introducing AI-generated case law summaries.
The feature uses ChatGPT to deliver one-paragraph summaries of court decisions, with the goal of enabling legal professionals to more quickly gauge the relevance and implications of a decision.
“By incorporating AI-generated summaries, we’re providing our users with immediate insights,
Continue Reading eDiscovery Assistant, Legal Research Platform for E-Discovery, Adds AI-Generated Case Law Summaries

Two litigation-focused Canadian legal technology companies, CiteRight and Jurisage, have merged, combining CiteRight’s litigation drafting program with Jurisage’s AI technology to create an integrated legal research and drafting solution.
Had you listened to my LawNext podcast last week, you would have already known this, as I interviewed CiteRight cofounder Ariel Nacson and Jurisage founder and CEO Colin Lachance
Continue Reading Two Canadian Legal Tech Companies, CiteRight and Jurisage, Merge to Power Litigation Research and Drafting

It has been the legal story of the summer. In June, Thomson Reuters announced that it had signed an agreement to acquire the legal research and AI company Casetext for a jaw-dropping $650 million.
The deal, it said at the time, was subject to regulatory approvals and customary closing conditions and was expected to close in the second half of
Continue Reading Thomson Reuters Completes Its $650M Acquisition of Casetext

Yesterday afternoon, I had the chance to sit down for about 20 minutes via Zoom with Jake Heller, the founder and CEO of Casetext, to discuss his company’s acquisition by Thomson Reuters in a $650 million cash deal. 
What follows is a transcript of our conversation, which I have condensed and edited very slightly for style and continuity. 
Continue Reading An Interview with Casetext CEO Jake Heller on His Company’s Acquisition By Thomson Reuters

Compared to Thomson Reuters, Casetext is a relatively small company with relatively minimal revenue, and one that effectively refocused its product strategy over the past year, launching its generative AI product CoCounsel just four months ago.
So why did TR shell out a record $650 million in cash to acquire Casetext? That was the question on the minds of
Continue Reading As Thomson Reuters Explains Its Acquisition of Casetext, Some Investors Seem Uncertain

In the oddest of “odd couplings” Casetext which just celebrated their 10th anniversary is being acquired by Thomson Reuters. for more than $650M. Congrats to Casetext Co-Founders Jake Heller, Pablo Arredondo and Laura Safdie.

Here is the press release from Thomson Reuters.

TORONTO, June 26, 2023 –Thomson Reuters Corporation (“Thomson Reuters”) (NYSE / TSX: TRI), a global content and technology company,
Continue Reading Breaking News: Thomson Reuters to Acquire Casetext

Rumors had been swirling that Thomson Reuters was about to acquire Casetext, and they proved to be true.
Just before 9 p.m. Eastern time today, TR said it had signed a definitive agreement to acquire Casetext for $650 million cash.
“The proposed transaction will complement Thomson Reuters existing AI roadmap and builds on its recent initiatives, including a commitment to
Continue Reading The Rumors Were True: Thomson Reuters Acquires Casetext for $650M Cash