AI-Powered Patent Platform Patlytics Raises $14M Series A RoundPatlytics has raised $21 million in funding to advance AI-driven patent management within nine months, validating significant market demand for its solutions.
Exclusive: SingleFile Raises $9M Series A to Expand Its Corporate Compliance Filing PlatformSingleFile raises $9 million in Series A funding to advance its AI-driven compliance platform for businesses.
Exclusive: Legal tech startup Genie AI just raised $17.8 million from Google and Khosla Ventures using this 13-slide deckGenie AI has secured $17.8 million in funding to enhance its AI-based legal document editing platform for faster contract turnaround.
Vienna's SaaS startup fynk raises 3.1M - Silicon Canalsfynk, a SaaS company, raised €3.1M to enhance legal workflow tools and expand internationally after its public launch in May 2024.
In other news this week: Premier League footballers back Lawhive in 37.8M round, Zopa Bank secures 80M, Giant Clone launches in the Netherlands and more - Silicon CanalsZopa Bank, Antag Therapeutics, and Lawhive have all raised significant funding to launch new products and services, targeting financial health and legal accessibility.
AI-Powered Patent Platform Patlytics Raises $14M Series A RoundPatlytics has raised $21 million in funding to advance AI-driven patent management within nine months, validating significant market demand for its solutions.
Exclusive: SingleFile Raises $9M Series A to Expand Its Corporate Compliance Filing PlatformSingleFile raises $9 million in Series A funding to advance its AI-driven compliance platform for businesses.
Exclusive: Legal tech startup Genie AI just raised $17.8 million from Google and Khosla Ventures using this 13-slide deckGenie AI has secured $17.8 million in funding to enhance its AI-based legal document editing platform for faster contract turnaround.
Vienna's SaaS startup fynk raises 3.1M - Silicon Canalsfynk, a SaaS company, raised €3.1M to enhance legal workflow tools and expand internationally after its public launch in May 2024.
In other news this week: Premier League footballers back Lawhive in 37.8M round, Zopa Bank secures 80M, Giant Clone launches in the Netherlands and more - Silicon CanalsZopa Bank, Antag Therapeutics, and Lawhive have all raised significant funding to launch new products and services, targeting financial health and legal accessibility.
Legal AI-startup Luminance, backed by the late Mike Lynch, raises $75MLuminance's $75 million funding highlights the growing investment in legal AI startups.Generative AI is transforming the legal industry by interpreting complex texts, fostering rapid growth of legal tech ventures.
Overrated: AI Gets Fast Results. Underrated: AI Gets Results Lawyers Can Use Faster.Generative AI's value in legal practices lies in its speed, particularly in enhancing the back-end workflow for efficiency.AI tools like ndMAX Assist improve accessibility for less tech-savvy lawyers, fostering adoption of advanced tools.
Legal tech is undergoing an AI revolution. Here are the 15 startups that have raised the most funding from VCs like a16z and Menlo Ventures.Generative AI is driving investment in legal tech startups, even amid broader VC funding declines.
Law Firm Tech Adoption More Important Than Ever When It Comes To AIAdoption is the biggest challenge in legal tech, especially with the introduction of generative AI.
The Worst AI Nightmares Have Nothing To Do With HallucinationsGenerative AI like ChatGPT can expose lazy lawyering rather than cause issues.
Lawyers Continue To Embrace AI In All The Wrong Ways - Above the LawLaw firms are increasingly cautious with generative AI as usage spikes, as seen with Hill Dickinson's crackdown on excessive AI tool access.
Legal AI-startup Luminance, backed by the late Mike Lynch, raises $75MLuminance's $75 million funding highlights the growing investment in legal AI startups.Generative AI is transforming the legal industry by interpreting complex texts, fostering rapid growth of legal tech ventures.
Overrated: AI Gets Fast Results. Underrated: AI Gets Results Lawyers Can Use Faster.Generative AI's value in legal practices lies in its speed, particularly in enhancing the back-end workflow for efficiency.AI tools like ndMAX Assist improve accessibility for less tech-savvy lawyers, fostering adoption of advanced tools.
Legal tech is undergoing an AI revolution. Here are the 15 startups that have raised the most funding from VCs like a16z and Menlo Ventures.Generative AI is driving investment in legal tech startups, even amid broader VC funding declines.
Law Firm Tech Adoption More Important Than Ever When It Comes To AIAdoption is the biggest challenge in legal tech, especially with the introduction of generative AI.
The Worst AI Nightmares Have Nothing To Do With HallucinationsGenerative AI like ChatGPT can expose lazy lawyering rather than cause issues.
Lawyers Continue To Embrace AI In All The Wrong Ways - Above the LawLaw firms are increasingly cautious with generative AI as usage spikes, as seen with Hill Dickinson's crackdown on excessive AI tool access.
UK legaltech startup Augmetec raises 2.4M: Founder Kritin Sundaram on AI-powered corporate investigations, growth plans, and more - Silicon CanalsAugmetec has secured £2M in funding to enhance efficiency in corporate investigations through AI and automation.
Google DeepMind exec says AI has increased efficiency so much the company's legal department uses it for 50% of its info requestsAI technologies are primarily enhancing workplace efficiency rather than replacing jobs.
Amsterdam's Moonlit.ai spins out from Deloitte; bags funding for its AI-driven legal research platform - Silicon CanalsMoonlit.ai, an AI-driven legal research startup, has spun out from Deloitte to enhance legal research efficiency across Europe.
Fresh Perspectives From FutureLaw 2024: Actionable Insights For LawyersLawyers need the right mindset to partner with AI
Elon Musk Feeds AI 'All Court Cases,' Promises It Will Replace Judges Because He's An IdiotMusk's AI Grok claims to revolutionize legal tech but represents a misunderstanding of complex legal systems.
Fast Company's List of World's 606 Most Innovative Companies Includes Four from Legal TechCasetext uses AI for legal researchFulcrum GT simplifies legal spend managementHello Divorce transforms divorce processSpotDraft recognized in Asia-Pacific
UK legaltech startup Augmetec raises 2.4M: Founder Kritin Sundaram on AI-powered corporate investigations, growth plans, and more - Silicon CanalsAugmetec has secured £2M in funding to enhance efficiency in corporate investigations through AI and automation.
Google DeepMind exec says AI has increased efficiency so much the company's legal department uses it for 50% of its info requestsAI technologies are primarily enhancing workplace efficiency rather than replacing jobs.
Amsterdam's Moonlit.ai spins out from Deloitte; bags funding for its AI-driven legal research platform - Silicon CanalsMoonlit.ai, an AI-driven legal research startup, has spun out from Deloitte to enhance legal research efficiency across Europe.
Fresh Perspectives From FutureLaw 2024: Actionable Insights For LawyersLawyers need the right mindset to partner with AI
Elon Musk Feeds AI 'All Court Cases,' Promises It Will Replace Judges Because He's An IdiotMusk's AI Grok claims to revolutionize legal tech but represents a misunderstanding of complex legal systems.
Fast Company's List of World's 606 Most Innovative Companies Includes Four from Legal TechCasetext uses AI for legal researchFulcrum GT simplifies legal spend managementHello Divorce transforms divorce processSpotDraft recognized in Asia-Pacific
What the US' first major AI copyright ruling might mean for IP law | TechCrunchRoss Intelligence's use of Thomson Reuters' content in AI training was ruled an infringement, reshaping the legal landscape for AI-related copyright claims.
The Rest Is Still Unwritten: What Is The Future For Legal Document Drafting?AI adoption is crucial for legal document efficiency and management.
Legal Tech Investment News this Week: Luminance for Contracts, Scrut for GRC, TRE for CRM, VXT for VoIPLuminance secured $40 million in Series B funding led by March Capital for AI-based legal tech.Scrut Automation raised $10 million in funding for its GRC platform, with existing investors participating.
What the US' first major AI copyright ruling might mean for IP law | TechCrunchRoss Intelligence's use of Thomson Reuters' content in AI training was ruled an infringement, reshaping the legal landscape for AI-related copyright claims.
The Rest Is Still Unwritten: What Is The Future For Legal Document Drafting?AI adoption is crucial for legal document efficiency and management.
Legal Tech Investment News this Week: Luminance for Contracts, Scrut for GRC, TRE for CRM, VXT for VoIPLuminance secured $40 million in Series B funding led by March Capital for AI-based legal tech.Scrut Automation raised $10 million in funding for its GRC platform, with existing investors participating.
Job Vacancy: Senior Ruby on Rails Developer (m/f/d) // GAIA Law | IT / Software Development Jobs | Berlin Startup JobsGaia is developing a SaaS platform to digitize legal processes with a focus on AI-powered automation and modern technology.
Voting Is Now Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2025 in AprilVoting is open for legal tech startups to compete at ABA TECHSHOW, influencing which companies advance in the competition.
Help Chart the Future of Legal Tech: Vote for Your Favorite Startup Alley Finalists Before the Time Is UpVoting ends on February 7 for ABA TECHSHOW Startup Alley startups.15 startups will be selected to pitch at the TECHSHOW.
Voting Is Now Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2025 in AprilVoting is open for legal tech startups to compete at ABA TECHSHOW, influencing which companies advance in the competition.
Help Chart the Future of Legal Tech: Vote for Your Favorite Startup Alley Finalists Before the Time Is UpVoting ends on February 7 for ABA TECHSHOW Startup Alley startups.15 startups will be selected to pitch at the TECHSHOW.
Prisoner's Dilemma: Why Running A Law Firm Requires A Unique MindsetCreative management approaches can enhance law firm performance.Fostering inclusion and mentoring is crucial for developing young lawyers.
In Search Of Diverse Founders of Legal Tech Startups - Please Pass the WordEncourage diverse legal tech founders to apply for Startup Alley at ABA TECHSHOW 2025 to improve representation and inclusivity.
Prisoner's Dilemma: Why Running A Law Firm Requires A Unique MindsetCreative management approaches can enhance law firm performance.Fostering inclusion and mentoring is crucial for developing young lawyers.
In Search Of Diverse Founders of Legal Tech Startups - Please Pass the WordEncourage diverse legal tech founders to apply for Startup Alley at ABA TECHSHOW 2025 to improve representation and inclusivity.
Artificial intelligence tools for brief writing and analysis are a small firm litigator's new best friendArtificial intelligence is revolutionizing legal workflows, streamlining tasks such as legal research, document review, and drafting, allowing lawyers to focus on higher-level strategic work.
With Launch Today of 'Playbooks,' Gen AI Company Spellbook Expands Into In-House Legal MarketSpellbook launched Playbooks, a contract-review feature for in-house legal teams designed to streamline the contract negotiation process using AI.
Artificial intelligence tools for brief writing and analysis are a small firm litigator's new best friendArtificial intelligence is revolutionizing legal workflows, streamlining tasks such as legal research, document review, and drafting, allowing lawyers to focus on higher-level strategic work.
With Launch Today of 'Playbooks,' Gen AI Company Spellbook Expands Into In-House Legal MarketSpellbook launched Playbooks, a contract-review feature for in-house legal teams designed to streamline the contract negotiation process using AI.
Morning Docket: 01.02.25The Bird Flu epidemic has sparked fears regarding health policy under upcoming HHS leadership.
Meet the 5 AI startups shortlisted for World Summit AI 2024World Summit AI 2024 will showcase innovative early-stage AI startups aiming to transform various industries through their unique solutions.
At the Third TLTF Summit, Legal Tech Leaders Convened in Miami for Three Days of Dialogue and SerendipityThe TLTF Summit is the premier conference in legal tech, praised for its networking and quality discussions.
Exclusive: iManage Reveals Details On Its Growth, Lays Out Plans to Further Leverage Gen AI, PartnershipsiManage's resilience through M&A challengesFocus on innovation and growth through strategic acquisitions and AI integration
Meet the 5 AI startups shortlisted for World Summit AI 2024World Summit AI 2024 will showcase innovative early-stage AI startups aiming to transform various industries through their unique solutions.
At the Third TLTF Summit, Legal Tech Leaders Convened in Miami for Three Days of Dialogue and SerendipityThe TLTF Summit is the premier conference in legal tech, praised for its networking and quality discussions.
Exclusive: iManage Reveals Details On Its Growth, Lays Out Plans to Further Leverage Gen AI, PartnershipsiManage's resilience through M&A challengesFocus on innovation and growth through strategic acquisitions and AI integration
New Startup Hopes to Use AI to Show How Judges ThinkBench IQ offers AI platform for legal professionals to analyze judges' decision-making patterns.The startup has secured $2.1 million in pre-seed funding from notable venture capital firms and law partners.
Lawhive raises $40M to go after 'main street' US lawyers | TechCrunchLawhive's funding success reflects its innovative AI solutions tailored for small law firms in a competitive legal tech landscape.
New Startup Hopes to Use AI to Show How Judges ThinkBench IQ offers AI platform for legal professionals to analyze judges' decision-making patterns.The startup has secured $2.1 million in pre-seed funding from notable venture capital firms and law partners.
Lawhive raises $40M to go after 'main street' US lawyers | TechCrunchLawhive's funding success reflects its innovative AI solutions tailored for small law firms in a competitive legal tech landscape.
Just 10 Days Left to Apply for Startup Alley at ABA TECHSHOWLegal tech startups should apply to compete in Startup Alley by December 13, 2024, to showcase innovations at ABA TECHSHOW.
Amid X X-odus, Nothing But Bluesky from Now OnBluesky has emerged as a popular alternative to Twitter, experiencing rapid user growth and fostering a nostalgic sense of community for law and legal tech enthusiasts.
Litera Acquisition Quest Ventures Into Realm Of DragonsLitera aims to dominate the legal tech market with comprehensive workflow solutions through strategic acquisitions like Office & Dragons.
Yesterday Was the 22nd Anniversary of LawSites BlogThe blog celebrates 22 years of existence, highlighting gratitude towards readers, advertisers, sponsors, and the legal tech community.
How Global Law Firms Are Bridging Cultures With AIDeepL's AI tools enhance communication in the legal profession, catering to a diverse range of needs.
The Questions To Make Digital Vaults Your Competitive AdvantageImplementing digital vaults improves client relationships and accessibility to information.Firms can achieve efficiency gains while distinguishing themselves in a competitive market.Digital vaults enable law firms to respond quickly to client needs.
'Robot lawyer' company faces $193,000 fine as part of FTC's AI crackdownDoNotPay misled consumers about the capabilities of its AI legal services, resulting in a $193,000 FTC settlement.
OpenAI and Salesforce hand bots more decision-making powerOpenAI and Salesforce introduce advanced AI models enhancing productivity, with an emphasis on careful response evaluation and controlled decision-making.
Legal tech, VC brawls and saying no to big offers | TechCrunchWiz declined Google's $23 billion offer, focusing on independent growth to reach $1 billion in ARR by 2025.Cohere raised $500 million at a $5.5 billion valuation, showing strong revenue growth attracting investors despite a 157 times ARR valuation.
Alleged sexual misconduct by lawyers isn't uncommon. But facing punishment is trickyLegal tech consultant's personal experience tied to the vast legal industry highlights the need for safety awareness in professional settings.
Leonard Leo Is Always Nearby - See AlsoAlito's wife may not be responsible for the "Appeal to Heaven" flag.
When Contracts Go WildOlga Mack is a legal innovator and tech enthusiast advocating for a future legal profession empowered by technology.
Happy National Puppy Day, Lawyers!Olga V. Mack is a Fellow at CodeX and a Generative AI Editor at law.MIT.She is dedicated to legal innovation and believes in the strength and inclusivity of the legal profession through embracing technology.
When Contracts Go WildOlga Mack is a legal innovator and tech enthusiast advocating for a future legal profession empowered by technology.
Happy National Puppy Day, Lawyers!Olga V. Mack is a Fellow at CodeX and a Generative AI Editor at law.MIT.She is dedicated to legal innovation and believes in the strength and inclusivity of the legal profession through embracing technology.
Six tips for empowering your law firm for successSuccess in the legal field requires adapting to the digital era with legal tech, continuous training, and data security as essential strategies.
The Race To Keep Law Firms From Completely Screwing Up Generative AI With Disastrous ResultsILTACON offers diverse activities, making it challenging to attend educational sessions. ILTA Evolve addresses this by focusing on two topics with fewer overlapping sessions.
The Five Most Momentous Legal Tech FailsOne main point stands out about legal tech failures: notable products can fail, even with significant funding and hype, highlighting the unpredictable nature of the industry.
Hallucinations Are Baked into AI ChatbotsAI-generated legal outputs often contain errors and falsehoods, leading to real-world consequences.Hallucination, where AI models produce responses that don't align with reality, poses a significant challenge in the use of large language models.
UX 101 for Legal: A New Online Course from Theory and Principle Teaches the Basics of UX/UIUnderstanding UX/UI in legal tech is crucial for purchasing, designing, or using tech effectively.