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Today vLex and Fastcase , two of the fastest-growing legaltechnology companies, announced that they are merging to form the world’s largest digital law library. The combined company will also have the world’s largest law firm subscriber base and resources containing more than one billion legal documents from more than 100 countries.
This week brought notable funding rounds for two legaltechnology companies, Proof and Spellbook, and a much-smaller seed round for a newer legal tech startup. Proof Raises $30M Series B Proof Technology , whose platform facilitates on-demand service of process and electronic filing, has closed a $30.4
“We’ve been amazed by the explosive usage growth our platform has experienced, since launching Spellbook as the first generative AI contract drafting tool in 2022” shared Scott Stevenson , CEO and co-founder of Spellbook, “This raise marks a major milestone for our team, and is indicative of the market traction we saw in 2023.
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 LegalAI. Who are your competitors?
I recently had a chance to hear Richard Susskind speak on AI in law and, as always, found his comments perceptive and spot on. Susskind spoke as part of a series of lectures entitled Legal Tech Essentials 2022. Susskind noted the evolution from early AI programs that could deliver simple decision trees.
This week brought notable funding rounds for two legaltechnology companies, Proof and Spellbook, and a much-smaller seed round for a newer legal tech startup. Proof Raises $30M Series B Proof Technology , whose platform facilitates on-demand service of process and electronic filing, has closed a $30.4
The AI revolution began less than a year ago when OpenAI publicly launched ChatGPT 3.5 on November 30, 2022. It shouldn’t surprise you to learn that legaltechnology companies have joined the fray. It shouldn’t surprise you to learn that legaltechnology companies have joined the fray.
Today vLex and Fastcase , two of the fastest-growing legaltechnology companies, announced that they are merging to form the world’s largest digital law library. The combined company will also have the world’s largest law firm subscriber base and resources containing more than one billion legal documents from more than 100 countries.
Advances in legal software are rapidly transforming the future of legaltechnologies. Solutions leveraging automation, AI, and cloud platforms are reshaping law practices of all sizes. Many remain open, even cautiously optimistic, about AI’s potential for strengthening firms' expertise offerings and efficiency over time.
April 4, 2023. – vLex and Fastcase, two of the largest, fastest-growing legaltechnology companies, announced today that they are merging to form the world’s largest law firm subscriber base with more than one billion legal documents from more than 100 countries. Washington, DC and Miami, FL.
He highlights the synergy between CaseText’s innovative approach and Thomson Reuters’ extensive resources and market presence, which together aim to drive the next wave of advancements in legaltechnology and research tools. And what really sort of changed, everything was September 16 2022.
According to the Association of Corporate Counsel, the number of corporate legal departments with at least one legal ops professional tripled between 2015 to 2022. As more companies realize the value that legal operations brings to the legal team and overall business, more job opportunities will continue opening up in the field.
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 LegalAI. Who are your competitors?
He highlights the synergy between CaseText’s innovative approach and Thomson Reuters’ extensive resources and market presence, which together aim to drive the next wave of advancements in legaltechnology and research tools. And what really sort of changed, everything was September 16 2022.
First, I list the 20 most popular posts of 2022, listing only posts first published during 2022. In both cases, the rankings are based only on 2022 traffic, not all-time traffic. Neither ranking includes my tally of the states that have adopted the duty of technology competence. Note that I have two lists here.
Four stories about the generative AIlegal startup Harvey made my top-stories list, starting from its initial fundraise last November to its firmwide deployment within Allen & Overy in February to its Series A raise in April to a quirky story about a second legalAI startup also called Harvey.
Four stories about the generative AIlegal startup Harvey made my top-stories list, starting from its initial fundraise last November to its firmwide deployment within Allen & Overy in February to its Series A raise in April to a quirky story about a second legalAI startup also called Harvey.
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