Our panel of legal tech journalists and bloggers returns live today at 3 p.m. ET for another episode of Legaltech Week, where we discuss the top stories in legal tech and innovation.
Attendance is free, but, if you have not already done so, you need to register, which you can do here. Register once and you are signed
Continue Reading On the Agenda for Today’s Legaltech Week: CLOC Post-Mortem, Thomson Reuters AI, Casetext Acquisition Rumors, and More
Spellbook, a company formerly known as Rally Legal, and whose product uses GPT-4 and other generative AI models to speed contract drafting and review directly within Microsoft Word, has raised $10.9 million to drive hiring, development and expansion.
The funding was led by Moxxie Ventures, with participation from Thomson Reuters Ventures, Inovia Capital, The LegalTech
Continue Reading Spellbook, An ‘AI Copilot’ for Contract Drafting in Word, Raises $10.9M from Moxxie, Thomson Reuters, Others
This year marks the 10th anniversary of Logikcull, the company that CEO Andy Wilson and CTO Sheng Yang founded with the goal of automating and democratizing e-discovery. But the company actually evolved out of an earlier company the pair founded in 2004, Logik Systems, to digitize archaic paper-based discovery workflows where lawyers would print emails to paper to review
Continue Reading LawNext Podcast: Logikcull Cofounder Andy Wilson on 10 Years of Disrupting and Democratizing E-Discovery
As other legal technology companies have rushed to release products using generative AI, one of the largest, Thomson Reuters, has been unusually silent. It broke that silence slightly two weeks ago, when it announced plans to invest some $100 million a year in AI, including incorporating generative AI across its flagship products in the second half of this year.
Today, TR
Continue Reading Thomson Reuters Previews Its Plans for Generative AI, Announces Integration with Microsoft 365 Copilot
Clearview Social, an application for law firms to help their lawyers share content on social media, has launched a new feature, Social Shuffle, powered by OpenAI’s ChatGPT, that automatically generates variations of a firm’s social media posts to “shuffle” the content the lawyers are posting.
The basic idea of Clearview Social is to allow a firm — generally its
Continue Reading New Clearview Social Feature Uses ChatGPT to Help Law Firms ‘Shuffle’ A Variety of Social Media Posts
Steno, a tech-enabled provider of litigation support services, whose flagship product, DelayPay, enables law firms to defer service costs until their case resolves, has closed a Series B funding round of $15 million, bringing its total raise to $38.5 million.
This latest round was led by Left Lane Capital. The round also included a strategic investment from
Continue Reading Steno Raises $15M Series B As It Aims To Revolutionize Depositions and Litigation Support Services
Transforming your law practice to go fully virtual requires careful planning and the right tools, says Annette Choti, a lawyer for more than two decades who now advises law firms on digital marketing and growth strategies through her company Law Quill.
“In order to create a successful virtual law firm, a lawyer needs to consider developing a business plan
Continue Reading A Guide to Transforming Into A Virtual Law Firm
It is an all-too-common scenario in legal tech: A law firm deploys a new legal tech product, hoping to enhance the productivity and efficiency of its legal professionals, only to see it sit idle and underutilized by the very professionals it was intended to benefit.
Anthony Seale
How can a law firm get over this adoption hurdle? One way is
Continue Reading How To Turbocharge Legal Tech Adoption Within Your Law Firm By Identifying Your ‘Champions’
The CLOC Global Institute, the conference of legal operations professionals now underway now in Las Vegas, has become a leading venue for legal technology companies to announce product news — particularly when that news relates to products that serve corporate legal departments and legal ops. This year has brought a slew of announcements of new products, enhanced products, and
Continue Reading Roundup Of Legal Tech News from CLOC Institute: with News From Agiloft, Casepoint, ContractPodAI, Evisort, LinkSquares, LiquidText, Ontra, PERSUIT
The majority of law firms use just five or fewer unique software products, according to a legal industry study published today by the law practice management company Smokeball.
The study, How Technology is Changing the Legal Industry in 2023, looks primarily at law firms of 50 or fewer employees, and finds that 77% of those firms use five or
Continue Reading Most Law Firms Use Just Five or Fewer Unique Software Products, Smokeball Study Says
As vice president, Data and Operational Excellence, at Wolters Kluwer, Abhishek Mittal is responsible for driving business transformation and new product innovation by embedding data-driven decision making in core operational processes. He leads a large global team of process engineers, design thinkers, data scientists and domain experts to develop expert solutions for both internal processes and new products.
In 2021,
Continue Reading On LawNext: Wolters Kluwer V.P. Abhishek Mittal on Data Management and Operational Excellence
A new company coming out of stealth today, The Contract Network, aims to “radically accelerate the time for contract negotiations” by providing an AI-powered collaboration platform that can be used by all parties to a transaction to more quickly “get to the point” in their negotiations.
It is led by CEO Jim Wagner, who has a track record
Continue Reading Aiming to ‘Radically Accelerate’ Contract Negotiations, ‘The Contract Network’ Comes Out Of Stealth Today, Led By Legal Tech Veteran
A new product out today from the legal department management platform LexisNexis CounselLink could change the paradigm for how legal departments pay outside counsel, enabling law firms to receive payments within two days of initial invoice approval, while allowing corporations up to 90 days to more thoroughly review, process and fund the invoices.
CounselLink today is introducing a new version
Continue Reading CounselLink’s FastTrack Changes The Payments Paradigm, Paying Outside Counsel Within Two Days, While Inhouse Teams Get 90 Days to Review Invoices
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
