LexIQ, an early-stage startup focused on using artificial intelligence to draft and review contracts in Microsoft Word, is today launching its waitlist for corporate legal departments and law firms interested in joining is beta program.
Founded by Samarth Gupta, a computer engineer and data scientist who most recently worked at EY as a…
Last week, KKR, a major global investment firm, announced that it had entered into an agreement to acquire a majority stake in Agiloft, the contract lifecycle management company. As part of the deal, the growth equity firm FTV Capital, already an Agiloft investor, is making an additional investment, and another growth equity firm,…
This has been a notable year for BriefCatch, a legal technology company devoted to helping legal professionals improve their legal writing. It started nine months ago, with the company’s raise of a $3.5 million seed round, continued with its roll outs of new products and features, and…
Today on the LawNext PR podcast, Assembly Software CEO Daniel Farrar joins Bob Ambrogi to discuss today’s launch of NeosAI, a suite of AI-powered features integrated directly into the Neos case management platform.
“NeosAI is designed to enhance efficiency, streamline processes, and elevate productivity by embedding AI technology directly into Neos…
Last September, two litigation-focused Canadian legal technology companies, CiteRight and Jurisage, announced their merger, with the promise of combining CiteRight’s litigation drafting program with Jurisage’s AI technology to create an integrated legal research and drafting solution.
Now, in the first application to result from that merger, CiteRight is today launching AI Insights by Jurisage,…
Last week, I reported here that researchers at Stanford University planned to augment a study they released of generative AI legal research tools from LexisNexis and Thomson Reuters, in which it found that they deliver hallucinated results more often than the companies say in their marketing of the products.
The study came under criticism…
LexisNexis Legal & Professional said today that it has entered into an agreement to acquire Henchman, a Belgium-based contract drafting legal technology company.
LexisNexis said it is acquiring the company for its document management system that enable faster document drafting. It say its technology enriches a law firm’s internal work product,…
Robert Ambrogi Blog
