Remove 2018 Remove Legal tech Remove Machine learning
article thumbnail

Law Firms of All Sizes Can Easily Integrate AI Tools Into eDiscovery

Attorney at Work

Despite their benefits, many legal organizations have been hesitant to implement AI tools. In the ABA 2020 Legal Tech Survey , 23% of law firms reported not being interested in AI, while 34% said they didn’t know enough about AI to speak to their firms’ interest. AI Hesitation. The law isn’t unique in its resistance to AI.

Law firm 142
article thumbnail

With the Mission of Turning Contracts into Data, TermScout Raises $5M in Seed Funding

LawSites

The seed funding announced today was co-led by NFX and Ground Up Ventures , with participation from The Legal Tech Fund , Killer Whale Strategies , Underdog Labs , Bridge Investments , and others. NFX is a well-known Silicon Valley venture firm exclusively focused on pre-seed and seed-stage startups.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Future of Legal Tech: How Technology Is Transforming the Business of Law

MatterSuite

E-discovery solutions , a significant part of legal tech, were estimated to be a multi-billion-dollar industry. billion by 2023, growing at a compound annual growth rate (CAGR) of around 10% from 2018. Legal tech isn’t just a buzzword; it’s a revolutionary force set to transform the legal industry.

article thumbnail

Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

Above the Law - Technology

Help pick the 15 legal tech startups that will get to compete at the eighth-annual Startup Alley at ABA TECHSHOW 2024. We then will move into the institutional space: large trust companies, legal tech (WealthCounsel, Clio, etc.), Demo video: [link] Founded: 2/1/2018, Washington DC. Voting is now open!

Mediator 325
article thumbnail

Wisedocs is exhibiting at the prestigious and recognized American Bar Association Conference: ABA Techshow 2023

Law Technology Today

2023 is off to a strong start – Wisedocs is thrilled to announce we will be attending and sponsoring events in legal, insurtech and insurance, workers’ compensation , risk mitigation, and more across North America this year. We had a great experience meeting new faces and reconnecting with friends across the industry in 2022.

article thumbnail

One of the world’s main Legal Tech Headquarters – the Startup Nation of Israel

ELTA

Though Israel is new to the legal tech market, it is clear that the country is determined to keep up the pace with the rest of the world, as law firms and in-house departments are slowly – but surely adopting legal tech products. Legal Tech Trends There are roughly 40 Israeli legal tech companies.

article thumbnail

Promising ‘Cruelty-Free’ E-Discovery, Beagle Raises $3M Seed Funding Round

Legal Tech Monitor

Beagle says that, by leveraging advanced technologies such as machine learning and natural language processing, it can significantly reduce the time and costs associated with first-pass e-discovery reviews. Beagle’s cofounder and CEO, Sergey Demyanov , was formerly manager of machine learning at Snap Inc.