Legal Tech Monitor

JANUARY 26, 2024

This week brought notable funding rounds for two legal technology companies, Proof and Spellbook, and a much-smaller seed round for a newer legal tech startup. This raise marks a major milestone for our team, and is indicative of the market traction we saw in 2023,” said Scott Stevenson , cofounder and CEO.

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Legal Tech Monitor

MARCH 12, 2024

firms are already using Thomson Reuters’ legal AI assistant, which it acquired in 2023 through its purchase of legal research company Casetext. At least two U.K.

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Legal Tech Monitor

DECEMBER 11, 2023

A group of us were in the hotel bar, stridently debating whether an alternative business structure, licensed under Arizona’s liberalized legal regulatory scheme, could deliver legal services in other states. Those engaged in the debate included a leading authority on ABS licensing in the U.K., Could they Do It Again?

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Legal Tech Monitor

APRIL 4, 2023

April 4, 2023. – vLex and Fastcase, two of the largest, fastest-growing legal technology 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. In 2023, Oakley raised a record €2.85

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Legal Tech Monitor

JANUARY 31, 2024

Today LexisNexis Legal & Professional, released results from a survey of senior leadership at top U.S. law firms and legal professionals at Fortune 1000 companies. The survey “ What Every C Suite Leader Needs to Know about Legal AI” explores the business impact of generative AI technology on the legal industry.

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Legal Tech Blog

JANUARY 31, 2024

“​​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.

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LawSites

DECEMBER 27, 2023

Look over this list of my blog posts that were most popular this year, and there is no doubt about the topic that most captivated the legal industry. Of my 40 most-read posts of 2023, 30 directly involved generative AI and others implicated it. 29, 2023). 25, 2023). June 7, 2023). 17, 2023).

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Legal Tech Blog

APRIL 3, 2024

as the Cambridge-born company continues to drive innovation in the legal AI market. The company’s technology has been used in a number of world-firsts for AI. AI is having a significant impact on the legal landscape, and it is rewarding to see Luminance having established itself as the leader in the market.”

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Legal Tech Monitor

JULY 19, 2023

Fortunately, even though Fastcase merged earlier this year with vLex , that tradition continues, as Fastcase has now announced the 2023 honorees. This has been an amazing year of change for legal tech, including at vLex and Fastcase,” said Ed Walters, Fastcase co-founder and the Chief Strategy Officer of vLex.

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Legal Tech Monitor

DECEMBER 27, 2023

Look over this list of my blog posts that were most popular this year, and there is no doubt about the topic that most captivated the legal industry. Of my 40 most-read posts of 2023, 30 directly involved generative AI and others implicated it. 29, 2023). 25, 2023). June 7, 2023). 17, 2023).

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Legal Tech Monitor

JANUARY 15, 2024

In this episode, Marlene Gebauer interviews attendees at two recent legal tech conferences – the TLTF Summit and the Legal AI Pathfinder’s Assembly. She asks them about the biggest impacts they foresee AI and other innovations having on the legal industry in 2024. I’m Marlene Gebauer. Happy New Year here.

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Legal Tech Blog

JANUARY 15, 2024

Grounded in their extensive repository of accurate and exclusive Canadian law content and use cases, Lexis+ AI combines the power of generative AI with proprietary LexisNexis search technology that seamlessly navigates both English and French legal content. Lexis+ AI is now generally available in the U.S.,

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LawSites

DECEMBER 1, 2023

with another episode of Legaltech Week, the show where a panel of journalists and bloggers discusses the week’s top stories in legal tech and innovation. 2023: A Legal AI Odyssey Happy birthday ChatGPT! Altman Was Out, Until He Wasn’t: Legal Tech Reacts to OpenAI’s Leadership Shuffle.

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Above the Law - Technology

DECEMBER 4, 2023

Help pick the 15 legal tech startups that will get to compete at the eighth-annual Startup Alley at ABA TECHSHOW 2024. 29, 2023, AT 11:45 P.M. Casetext, Spellbook, EvenUp, DoNotPay.com, Harvey.ai, Filevine, ailawyer.pro, Lexis, Westlaw, amto.ai, Better Legal, Paxton Legal AI. Founded: 2/1/2023.

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Legal Tech Monitor

JUNE 2, 2023

AI adoption is occurring at an exponential rate, and as a result, generative AI tools are already a familiar concept to lawyers and the general public alike. Here is a recent Daily Record column.

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Legal Tech Monitor

FEBRUARY 9, 2024

LexisNexis also spoke to 50 legal professionals at Fortune 1000 companies and large law firms outside the AmLaw 200. The survey was done between December 6, 2023, and January 9, 2024, so it’s pretty recent. The LawPay-MyCase Survey, entitled Legal Industry Report 2024, looked at the other side of the market.

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Legal Tech Monitor

APRIL 11, 2023

Recently, Cointelegraph asked me several questions about the future of the legal space as it applies to both AI and blockchain. Here are my raw answers from later January 2023. As you perhaps know, the developer of DoNotPay recently attempted to bring a robot lawyer into a physical courtroom. He was rebuffed.

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LawSites

DECEMBER 27, 2022

Thomson Reuters Unveils Next Generation of Westlaw, Aiming to Make Legal Research Results More Precise. The Five Legal Tech Themes I Took Away from #ILTACON22. Stealth Legal AI Startup Harvey Raises $5M in Round Led By OpenAI. Legal Tech Company Names New Leadership After Arrest of President.

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Dewey B Strategic

MARCH 20, 2023

Today LexisNexis will be releasing a Generative AI survey at LegalWeek in New York. The survey which was conducted in March 2023 is based on responses from +4,100 US lawyers, law students and consumers. Generative AI and large language models have tremendous potential to transform the way legal work is done.

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Legal Tech Monitor

MARCH 20, 2023

Today LexisNexis will be releasing a Generative AI survey at LegalWeek in New York. The survey which was conducted in March 2023 is based on responses from +4,100 US lawyers, law students and consumers. Generative AI and large language models have tremendous potential to transform the way legal work is done.

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Legal Tech Monitor

NOVEMBER 20, 2023

Then on March 14, 2023, with the release of ChatGPT powered by GPT-4, the influx of rapid advancements began at a record pace as software companies worked at lightning-fast speed to integrate the power of GPT-4 technology into their products. It shouldn’t surprise you to learn that legal technology companies have joined the fray.

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Legal Tech Monitor

FEBRUARY 5, 2024

My past Daily Record articles can be accessed here. ** Mastering Generative AI: Top Resources for the Tech-Savvy Lawyer Now that 2023 is behind us, it’s time to set the stage for success in the year to come. She is an ABA Legal Rebel, and is listed on the Fastcase 50 and ABA LTRC Women in Legal Tech.

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Legal Tech Monitor

JANUARY 11, 2024

LexisNexis® Legal & Professional Lexis+ AI is a a generative AI solution driven by LexisNexis’ proprietary search engine and authoritative content. Lexis+ AI delivers results based on the LexisNexis’ proprietary content which assures that results include “verifiable, citable authority.

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Legal Tech Monitor

DECEMBER 18, 2023

As we head into the final month of 2023, you’ll be happy to know that ethics guidance focused on generative AI was published on November 16 by the State Bar of California’s Committee on Professional Responsibility and Conduct (COPRAC). She is an ABA Legal Rebel, and is listed on the Fastcase 50 and ABA LTRC Women in Legal Tech.

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3 Geeks and a Law Blog

FEBRUARY 29, 2024

Marlene Gebauer 1:34 Yeah, and this there’s no difference when it came to applying generative AI ai functionality to legal research when you lost when you launched CoCounsel on the CMS March 1 2023. In terms of like the the normal legal tech sales process. I think that’s one of the huge differences, right?

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Lawmatics

JANUARY 9, 2024

Technology in Law Firms: A Shifting Landscape Small law firms actively invested in technology integration to streamline operations, strengthen security, and satisfy rising client service expectations, according to The 2023 State of U.S. Small Law Firms Report.

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Legal Talk Network

AUGUST 15, 2023

Certain platforms offer AI generation as part of a larger workflow to send automated emails and reminders to clients. In the April 27, 2023 episode of Legal Toolkit, “The Perfect Intake Form ,” Jared Correia’s guest Patrick Carver talks about what firms often do with client’s intake data, dump it into a spreadsheet.

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Simple Legal

MARCH 22, 2023

Leveraging legal spend management tech to automate accruals management and enforce billing guidelines saves time and money. What experience do you have using legal technology? Following the previous bullet point, legal ops teams are ramping up their use of comprehensive legal tech to deliver greater business value.

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Legal Tech Monitor

DECEMBER 4, 2023

Help pick the 15 legal tech startups that will get to compete at the eighth-annual Startup Alley at ABA TECHSHOW 2024. 29, 2023, AT 11:45 P.M. Casetext, Spellbook, EvenUp, DoNotPay.com, Harvey.ai, Filevine, ailawyer.pro, Lexis, Westlaw, amto.ai, Better Legal, Paxton Legal AI. Founded: 2/1/2023.

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Legal Tech Monitor

DECEMBER 6, 2023

I met with Bridget McCormack, President and CEO and Chief Legal Officer, Eric Tuchmann, to discuss this exciting new initiative. McCormack joined AAA in early 2023 and almost immediately kicked off AI initiatives. Staff across the organization were tapped to explore scenarios and use cases for Chat GPT.

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Legal Tech Monitor

MAY 4, 2023

It is anticipated that the product will launch in the fall of 2023 and will be marketed as an “add-on” to Lexis+. We’re thrilled to bring this transformative technology to customers,” said Mike Walsh, CEO of LexisNexis Legal & Professional.

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Legal Tech Monitor

FEBRUARY 29, 2024

Marlene Gebauer 1:34 Yeah, and this there’s no difference when it came to applying generative AI ai functionality to legal research when you lost when you launched CoCounsel on the CMS March 1 2023. In terms of like the the normal legal tech sales process. I think that’s one of the huge differences, right?

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3 Geeks and a Law Blog

FEBRUARY 14, 2023

Well, first of all, Colin, before we dive into some of the really cool stuff that that you’re doing there at Jurisage, give us a little background on how you found yourself co founding yet another legal tech company, they’re in Canada, this time Jurisage. I was CEO at kami Canadian legal information Institute.

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Legal Tech Monitor

DECEMBER 4, 2023

Speaking of speaking of which, Greg Marlene Gebauer 1:25 and I are going to be in New York this week at the legal AI Pathfinders Assembly in New York, where we’ll be talking to Dan Katz about how far we’ve come with generative AI in the past year, I will also be speaking with my co workers on a panel about the AI hype cycle.

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