#legal-tech

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#innovation

Meet the 5 AI startups shortlisted for World Summit AI 2024

World 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 Serendipity

The TLTF Summit is the premier conference in legal tech, praised for its networking and quality discussions.

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 Canals

Zopa Bank, Antag Therapeutics, and Lawhive have all raised significant funding to launch new products and services, targeting financial health and legal accessibility.

Fast Company's List of World's 606 Most Innovative Companies Includes Four from Legal Tech

Casetext uses AI for legal research
Fulcrum GT simplifies legal spend management
Hello Divorce transforms divorce process
SpotDraft recognized in Asia-Pacific

From Analog Photography To Digital: My Journey In Assessing Legal Tech

Trading film camera for digital photography is like embracing legal tech for efficiency and innovation.
Digital photography brings precision, legal tech brings accuracy in analytics and document management.
Integrating legal tech requires adaptation and continuous learning, just like mastering digital photography.

Exclusive: iManage Reveals Details On Its Growth, Lays Out Plans to Further Leverage Gen AI, Partnerships

iManage's resilience through M&A challenges
Focus on innovation and growth through strategic acquisitions and AI integration

Meet the 5 AI startups shortlisted for World Summit AI 2024

World 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 Serendipity

The TLTF Summit is the premier conference in legal tech, praised for its networking and quality discussions.

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 Canals

Zopa Bank, Antag Therapeutics, and Lawhive have all raised significant funding to launch new products and services, targeting financial health and legal accessibility.

Fast Company's List of World's 606 Most Innovative Companies Includes Four from Legal Tech

Casetext uses AI for legal research
Fulcrum GT simplifies legal spend management
Hello Divorce transforms divorce process
SpotDraft recognized in Asia-Pacific

From Analog Photography To Digital: My Journey In Assessing Legal Tech

Trading film camera for digital photography is like embracing legal tech for efficiency and innovation.
Digital photography brings precision, legal tech brings accuracy in analytics and document management.
Integrating legal tech requires adaptation and continuous learning, just like mastering digital photography.

Exclusive: iManage Reveals Details On Its Growth, Lays Out Plans to Further Leverage Gen AI, Partnerships

iManage's resilience through M&A challenges
Focus on innovation and growth through strategic acquisitions and AI integration
moreinnovation
#startup-funding

New Startup Hopes to Use AI to Show How Judges Think

Bench 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 | TechCrunch

Lawhive'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 Think

Bench 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 | TechCrunch

Lawhive's funding success reflects its innovative AI solutions tailored for small law firms in a competitive legal tech landscape.
morestartup-funding
#aba-techshow

In Search Of Diverse Founders of Legal Tech Startups - Please Pass the Word

Encourage diverse legal tech founders to apply for Startup Alley at ABA TECHSHOW 2025 to improve representation and inclusivity.

Voting Is Closed and Here Are the Results: The 15 Finalists You Chose To Be In the 2024 Startup Alley at ABA TECHSHOW

Fifteen legal tech startups have been chosen as finalists for the eighth-annual Startup Alley at ABA TECHSHOW 2024.
These finalists will participate in a pitch competition and the winners will be chosen by conference attendees.
Over 51,670 votes were received to determine the final 15 winners.

Just 10 Days Left to Apply for Startup Alley at ABA TECHSHOW

Legal tech startups should apply to compete in Startup Alley by December 13, 2024, to showcase innovations at ABA TECHSHOW.

In Search Of Diverse Founders of Legal Tech Startups - Please Pass the Word

Encourage diverse legal tech founders to apply for Startup Alley at ABA TECHSHOW 2025 to improve representation and inclusivity.

Voting Is Closed and Here Are the Results: The 15 Finalists You Chose To Be In the 2024 Startup Alley at ABA TECHSHOW

Fifteen legal tech startups have been chosen as finalists for the eighth-annual Startup Alley at ABA TECHSHOW 2024.
These finalists will participate in a pitch competition and the winners will be chosen by conference attendees.
Over 51,670 votes were received to determine the final 15 winners.

Just 10 Days Left to Apply for Startup Alley at ABA TECHSHOW

Legal tech startups should apply to compete in Startup Alley by December 13, 2024, to showcase innovations at ABA TECHSHOW.
moreaba-techshow
#ai

Google DeepMind exec says AI has increased efficiency so much the company's legal department uses it for 50% of its info requests

AI technologies are primarily enhancing workplace efficiency rather than replacing jobs.

Exclusive: Legal tech startup Genie AI just raised $17.8 million from Google and Khosla Ventures using this 13-slide deck

Genie AI has secured $17.8 million in funding to enhance its AI-based legal document editing platform for faster contract turnaround.

Amsterdam's Moonlit.ai spins out from Deloitte; bags funding for its AI-driven legal research platform - Silicon Canals

Moonlit.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 Lawyers

Lawyers need the right mindset to partner with AI

Elon Musk Feeds AI 'All Court Cases,' Promises It Will Replace Judges Because He's An Idiot

Musk's AI Grok claims to revolutionize legal tech but represents a misunderstanding of complex legal systems.

Lexis+ AI And The Power Of Good Data

LexisNexis has launched Lexis+ AI, a tool that uses AI to tackle legal research, drafting, and other core functions in the legal workplace.
Lexis+ AI utilizes large language models and has access to a wealth of legal data, allowing it to provide comprehensive and exclusive content.

Google DeepMind exec says AI has increased efficiency so much the company's legal department uses it for 50% of its info requests

AI technologies are primarily enhancing workplace efficiency rather than replacing jobs.

Exclusive: Legal tech startup Genie AI just raised $17.8 million from Google and Khosla Ventures using this 13-slide deck

Genie AI has secured $17.8 million in funding to enhance its AI-based legal document editing platform for faster contract turnaround.

Amsterdam's Moonlit.ai spins out from Deloitte; bags funding for its AI-driven legal research platform - Silicon Canals

Moonlit.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 Lawyers

Lawyers need the right mindset to partner with AI

Elon Musk Feeds AI 'All Court Cases,' Promises It Will Replace Judges Because He's An Idiot

Musk's AI Grok claims to revolutionize legal tech but represents a misunderstanding of complex legal systems.

Lexis+ AI And The Power Of Good Data

LexisNexis has launched Lexis+ AI, a tool that uses AI to tackle legal research, drafting, and other core functions in the legal workplace.
Lexis+ AI utilizes large language models and has access to a wealth of legal data, allowing it to provide comprehensive and exclusive content.
moreai

Amid X X-odus, Nothing But Bluesky from Now On

Bluesky 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 Dragons

Litera aims to dominate the legal tech market with comprehensive workflow solutions through strategic acquisitions like Office & Dragons.

Yesterday Was the 22nd Anniversary of LawSites Blog

The blog celebrates 22 years of existence, highlighting gratitude towards readers, advertisers, sponsors, and the legal tech community.
from Above the Law
2 months ago

How Global Law Firms Are Bridging Cultures With AI

DeepL's AI tools enhance communication in the legal profession, catering to a diverse range of needs.

The Questions To Make Digital Vaults Your Competitive Advantage

Implementing 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.
#generative-ai

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 AI

Adoption is the biggest challenge in legal tech, especially with the introduction of generative AI.

The Worst AI Nightmares Have Nothing To Do With Hallucinations

Generative AI like ChatGPT can expose lazy lawyering rather than cause issues.

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 AI

Adoption is the biggest challenge in legal tech, especially with the introduction of generative AI.

The Worst AI Nightmares Have Nothing To Do With Hallucinations

Generative AI like ChatGPT can expose lazy lawyering rather than cause issues.
moregenerative-ai

Vienna's SaaS startup fynk raises 3.1M - Silicon Canals

fynk, a SaaS company, raised €3.1M to enhance legal workflow tools and expand internationally after its public launch in May 2024.

'Robot lawyer' company faces $193,000 fine as part of FTC's AI crackdown

DoNotPay 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 power

OpenAI 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 | TechCrunch

Wiz 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 tricky

Legal tech consultant's personal experience tied to the vast legal industry highlights the need for safety awareness in professional settings.

Artificial intelligence tools for brief writing and analysis are a small firm litigator's new best friend

Artificial intelligence is revolutionizing legal workflows, streamlining tasks such as legal research, document review, and drafting, allowing lawyers to focus on higher-level strategic work.

Leonard Leo Is Always Nearby - See Also

Alito's wife may not be responsible for the "Appeal to Heaven" flag.
#legal-innovation

When Contracts Go Wild

Olga 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 Wild

Olga 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.
morelegal-innovation

Six tips for empowering your law firm for success

Success 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 Results

ILTACON 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 Fails

One 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 Chatbots

AI-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.

Legal Tech Investment News this Week: Luminance for Contracts, Scrut for GRC, TRE for CRM, VXT for VoIP

Luminance 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.

ROSS Cofounder Returns To Legal Tech with Startup Using AI To Surface Judges' Decision-Making Patterns

Jimoh Ovbiagele, co-founder of ROSS Intelligence, now heads Bench IQ using generative AI for judges' insights.
$2.1 million pre-seed funding for Bench IQ from Maple, Haystack, tech CEOs, law firms, and ROSS cofounders.

Step In Time: Starting A Late Career Solo Law Practice Is Possible

It's never too late to start your own law firm, even after a career as an attorney.
Utilizing technology and resources effectively is crucial for success when transitioning to owning your own law firm.
#user-experience

UX 101 for Legal: A New Online Course from Theory and Principle Teaches the Basics of UX/UI

Understanding UX/UI in legal tech is crucial for purchasing, designing, or using tech effectively.

Why 'Humanizing' Technology Will Empower Legal Teams

Successful legal tech implementation requires prioritizing user needs.
Humanizing technology focuses on user experience and accessibility.

UX 101 for Legal: A New Online Course from Theory and Principle Teaches the Basics of UX/UI

Understanding UX/UI in legal tech is crucial for purchasing, designing, or using tech effectively.

Why 'Humanizing' Technology Will Empower Legal Teams

Successful legal tech implementation requires prioritizing user needs.
Humanizing technology focuses on user experience and accessibility.
moreuser-experience

Beyond Basics: Navigating Unauthorized Practice Of Law Risks In Legal Tech Innovations

Educate users about software limitations and the importance of seeking professional legal advice.
Monitor user feedback, provide transparent pricing, engage with regulators, and stay informed and adaptable.

Journey Through The World Of Antiques: A Reflection On Surveying Legal Tech Landscape

Legal AI tools present a variety of options promising to revolutionize the legal landscape.
Evaluating the efficacy and reliability of legal AI tools is crucial.

Beyond The Hype: Mastering The Art Of Legal Tech Demos Inspired By Google's Gemini

Authenticity and understanding the audience are key elements in successful product demonstrations in the legal tech industry.
Honesty, setting realistic expectations, transparency, and tailoring to the audience are important lessons for legal tech demos.

Unveiling Magic At CES 2024: The Legal Tech Perspective

CES is a consumer electronics trade show with over 3,500 exhibitors and 100,000 attendees.
Attendance at CES helps the author anticipate how emerging tech could impact the legal landscape.

Morning Docket: 12.14.23

Supreme Court considering curtailing obstruction charges in January 6 cases
Affirmative action ruling causing law schools to abandon admissions tests
Legal tech requires collaboration between lawyers and engineers
#legal tech

Is Your Firm's Virtual Entrance Turning Away Clients?

Client relationship management software is essential for effective communication with potential clients and automating processes.
The report provides insights on improving CRM systems through the latest legal tech.

Leader Spotlight: Balancing precedent with innovation, with Vanessa Davis - LogRocket Blog

Legal tech can make a difference in individual people's lives by helping them solve their own legal issues.
Balancing between strategic big-picture thinking and day-to-day minutiae is challenging but necessary for effective product management.

Is Your Firm's Virtual Entrance Turning Away Clients?

Client relationship management software is essential for effective communication with potential clients and automating processes.
The report provides insights on improving CRM systems through the latest legal tech.

Leader Spotlight: Balancing precedent with innovation, with Vanessa Davis - LogRocket Blog

Legal tech can make a difference in individual people's lives by helping them solve their own legal issues.
Balancing between strategic big-picture thinking and day-to-day minutiae is challenging but necessary for effective product management.
morelegal tech

Morning Docket: 06.14.24

Rudy Giuliani is free from the Hunter Biden lawsuit.
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