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Law Librarians Play Central Role In Legal Tech Adoption And Use, AALL ‘State Of The Profession’ Report Shows

Above the Law - Technology

While the report’s coverage is wide-ranging, I tend to jump to the findings related to legal technology. Similar to what I wrote about the AALL’s 2021 report and 2019 report , this year’s survey continues to underscore the instrumental role law librarians play in innovation and technology adoption within their organizations.

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Litera to Acquire Legal AI Pioneer Kira Systems, Enhancing its Transaction Management Offering

LawSites

Zuva will launch and announce its first product in September 2021. Waisberg will lead the new company as CEO. His Kira cofounder Hudek will be a strategic advisor and board director to the new company. Hg, a global software and services investor, will remain the majority investor in Litera. “And

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Alexi Says Its New AI Tool for Litigators Is Capable of Advanced Legal Reasoning

Legal Tech Monitor

Doble offered the example of a lawyer using the tool to answer the question, “What was the spouse’s income in 2021 for calculating child support?” Based on an understanding of the case’s key legal issues and facts, Alexi can propose tailored strategies to achieve the desired outcomes.

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In Major Legal Tech Deal, vLex and Fastcase Merge, Creating A Global Legal Research Company, Backed By Oakley Capital and Bain Capital

Above the Law - Technology

primary legal research materials, vLex originally partnered with the legal research service Casemaker to obtain U.S. After Fastcase acquired Casemaker in 2021 , vLex partnered with Fastcase for U.S. The combined library is the crown jewel of LLMs and the ultimate training data set for legal AI.” primary law.

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

Above the Law - Technology

It also improves access to justice for society as lawyers can handle more cases, as well as remove some bias from the legal system through fact-first drafting. Casetext, Spellbook, EvenUp, DoNotPay.com, Harvey.ai, Filevine, ailawyer.pro, Lexis, Westlaw, amto.ai, Better Legal, Paxton Legal AI. Who are your competitors?

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A Literal Generative AI Discussion: How AI Could Reshape Law

3 Geeks and a Law Blog

Justis emphasized that focusing on user needs, ethics, and change management will be key for successfully implementing AI. Looking ahead, Justis anticipated continuing progress in legal AI, regulatory changes, a focus on ethics, growing demand for AI skills, and AI becoming a competitive advantage for some firms.

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Legal tech and innovation: 3 ways AI supports the evolution of legal ops

Simple Legal

Gartner predicted that spending on legal software would triple from 2021 to 2025, and venture capital investments in these tools reached a new high of over $1 billion in 2022. Legal tech is no longer seen as a nice to have, but a must have. Legal AI gives you a highly efficient partner in the analysis process.