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The 10 Legal Tech Trends that Defined 2021

LawSites

As awful as was the year 2020 for so many reasons, my year-end report last year found reasons to be optimistic. The silver lining of 2020,” I wrote, “is that we have been forced to consider changes that were long overdue and then given the opportunity to implement those changes.”. It is as if we are serving time in a legal tech limbo.

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A Legal Tech Side-Story to 9/11

LawSites

But among the events of that day, there was a relatively minor legal tech-related side-story, one that had implications that carry through to today. The team that made it consisted of Monica Bay and David Horrigan — two names familiar to many in the legal tech world. David Horrigan and I visited Monica Bay on Sept.

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Major E-Discovery News, As Exterro, Eyeing IPO, Acquires Zapproved for Undisclosed Amount

LawSites

Among the things the two e-discovery companies Exterro and Zapproved have in common is that they were both founded in the same year, 2008, and in the same city, Portland, Ore. Zapproved focuses its market more narrowly on corporate legal departments and provides a platform for legal holds, data collection, and data review.

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Exclusive Analysis: Legal Tech Exits, 2001-2022

LawSites

Recently, I posted here an exclusive analysis of legal tech funding from 1984 to 2020, a video timeline showing the evolving bar chart of investments in legal tech over nearly four decades. The top three categories of deals, based on numbers of deals, were e-discovery, practice management and contract tech.

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Everlaw Becomes Legal Tech’s Latest Unicorn, with $202M Raise at $2B Valuation

LawSites

E-discovery company Everlaw today became one of the few legal technology companies to join the elite ranks of unicorn status — companies valued at over $1 billion — with the announcement of a $202 million Series D funding at a valuation of over $2 billion. Listen: LawNext Episode 33: AJ Shankar, Founder and CEO of Everlaw. .

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Top 15 LawNext Podcast Episodes of 2023 and of All Time

Above the Law - Technology

You can also check out the most popular LawNext episodes of 2022 , of 2021 , of 2020 and of 2019. As ALSP Axiom Opens A Law Firm in Arizona, Its Chief Strategy and Legal Officer Catherine Kemnitz Shares Details. Theory and Principle Founder Nicole Bradick on Designing and Building Legal Tech Products.

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Friday Wrap: Four Notable Legal Tech Deals as Athennian Raises $33M, Nexl Acquires Jade, Proof Raises $7M, and Justpoint Raises $6.9M

LawSites

Catching up on recent legal tech news, there are four notable deals to report. I first wrote about Athennian in 2020, when it stepped out of its stealth development mode to announce an $8 million CAD Series A investment, on top of a previously unannounced $2 million CAD seed financing round in 2019. . Athennian Raises $33M.