The Epiq Counsel Legal Operations Program will see members of the company’s legal business advisory team assist on-demand talent placed with corporate legal departments.
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Case Management Provider Clarra Adds Accounting, Analytics Features
A new module integrates with back office accounting systems and provides an embedded digital payment option.
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Fund Formation Startup Covenant Launches Covenant 2.0 Platform
Covenant’s Covenant 2.0 platform features a gen AI-powered assistant that provides tailored portfolio insights and suggestions based on customer data.
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Private Equity Management Startup PortOptix Launches Gen AI Platform
A team of M&A and legal tech professionals including NexLP founder Jay Leib, have banded together to build a platform that assists private equity firms with portfolio management.
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Eve Announces $103M Series B Funding Round at $1B Valuation
The second funding round of the year for the company is designed to further its development of AI-powered workflows for plaintiffs firms.
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Eve, AI-Driven Platform for Plaintiff-Side Law Firms, Raises $103 Million in Series B Round
Eve, an AI platform for plaintiffs’ law firms, has raised $103 million in Series B funding at over a $1 billion valuation, it said today. The round was led by Spark Capital, with participation from existing investors Andreessen Horowitz, Lightspeed Venture Partners, and Menlo Ventures.
This follows the company Series A raise of $47 million last January. Since then,…
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MCP: What it is, what it does, what it isn’t
From the September Orange Rag…
If you’ve talked about one exciting development in the AI space recently, that may well be MCP, the model context protocol launched by Anthropic last year, which provides a standardised way for large language models (LLMs) to connect with external data sources and tools.Advertisement
Extremely cool and also misunderstood, MCP is being looked at…
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AI Contracts Company SimpleDocs Acquires Law Insider and Its Extensive Library of Contracts and Clauses
Content is the raw material of generative AI, so it only makes sense that an AI-driven contract automation platform would want to acquire what is said to be the world’s largest database of contracts and clauses.
That is exactly what happened today as SimpleDocs, a company with an AI contract drafting, redlining and review platform, has acquired Law Insider…
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AI-driven Analytics in Legal Risk Assessment: Transforming Accuracy and Decision-Making
The modern business environment is defined by constant regulatory evolution, heightened global scrutiny, and rapidly expanding data volumes. Across industries, organizations must continuously monitor legal exposure while maintaining efficiency, transparency, and strategic foresight.
Traditional methods of risk evaluation were once dominated by manual reviews and subjective judgment. But now, they are increasingly challenged by the sheer speed and scale of…
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Brazilian Legal AI Startup Enter Raises $35 Million
The $35 million investment in Enter, which operates in one of the world’s most congested legal markets, comes as legal departments search for speedier solutions in Latin America’s largest economy.
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Wake-Up Call for TikTok: New Jersey Suit Gets OK to Proceed
The ruling is a wake-up-call to TikTok, which was hit with the New Jersey suit last year as part of an onslaught of suits brought by 14 state attorneys general. The suits allege many young TikTok users are struggling with poor mental health and body image issues as a result of the platform’s allegedly addictive features.
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Are 9-Figure Funding Rounds for Legal Tech Companies the New Normal?
A growing number of legal tech companies have drawn in nine-figure investments as demand expands beyond the legal industry.
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Garfield Law shares “£7k in 5 minutes” debt recovery and says Mazur judgment is driving firms to AI
Garfield Law, which in May was given UK regulatory approval to provide online AI-driven legal services, today (29 September) today provided an example of one of its first use cases, recovering £7,000 in invoices for a transport consultancy for just £7.50 in fees.
Mayer Brown (the consultancy) sent a debtor a letter before action and David Bone, finance director at…
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Illinois Supreme Court Commission on Professionalism Celebrates 20 Years of Advancing Professionalism Among Illinois Lawyers and Judges
Commission Chair John Kim and Vice-Chair Justice Sharon O. Johnson, Justice Debra B. Walker, former Executive Director Jayne Reardon, and Commission staff pose with Chief Justice Mary Jane Theis, Justice Elizabeth M. Rochford, and ABA Past President Mary L. Smith at the ceremony for the 2024 ABA Honorable William D. Missouri Civility Award
The Illinois Supreme Court Commission on Professionalism…
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Guest Column: Is Harvey Playing A Different Game In Legal AI?
A Reddit post last week ignited a firestorm of speculation across the legal industry about the long-term prospects of legal AI company Harvey, with some dismissing it as little more than a ChatGPT wrapper. But is that criticism missing the point?
Ken Crutchfield
In his latest column for LawNext, legal tech strategy consultant Ken Crutchfield argues that Harvey’s…
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Preparing the Next Generation of Law Firm Leaders
From : Blog Entry >> Franki’s Blog EntryPlease enjoy this blog authored by Janelle Eveland Belling, Senior Director of Legal Project Management, Perkins Coie LLP. When we think about leaders in law firms, the classic image is often a partner with a robust book of business or a trial lawyer who dominates the courtroom. However, leadership in today’s legal…
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