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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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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. “Legal research is the most used and most important legal tech that exists,” Walters said.

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

Legal Tech Monitor

Learn more about Alexi in the LawNext Legal Tech Directory. In an interview today, Mark Doble, CEO of Alexi, told me that the new tool uses orchestration of a suite of specialized AI agents to provide results that contain properties of legal reasoning.

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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

Help pick the 15 legal tech startups that will get to compete at the eighth-annual Startup Alley at ABA TECHSHOW 2024. 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. Demo video: [link] Founded: 1/10/2021, Oshkosh, WI.

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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.

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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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How Law Firms Can Reinvent Talent Acquisition and Retention Strategies

Clio

The attrition rate at law firms in the US saw a staggering 61% increase in 2021 from its pre-pandemic level, highlighting the deep impact of the Great Resignation on legal. This rapid shift underscores the growing demand for legal tech that helps firms do more with less, while supporting better work-life balance for lawyers.