You have been hearing about it in the news, now see how it works. Last month, Henchman, a generative AI-driven platform that promises to deliver “the fastest contract drafting experience ever made,” announced that it was to be acquired by LexisNexis Legal & Professional. Just this week, LexisNexis said it had…
The 25 Largest Legal Tech Investments of All Time
In reporting yesterday on the record-setting $900 million investment in law practice management company Clio, I included a list of the 10 largest previous investments in legal tech. It did not take long for me to learn that the list was incomplete.
So I set about trying to come up with a more accurate…
Exclusive LawNext Interview: CEO Jack Newton on Clio’s Record-Setting $900M Raise
As the law practice management company Clio today announced a record $900 million funding round, the largest ever for a cloud legal technology company, at a whopping $3 billion valuation, Clio’s founder and CEO Jack Newton joins LawNext for an exclusive podcast interview.
In a conversation recorded last week,…
Clio Sets Legal Tech Funding Record with $900M Raise at $3B Valuation; LawNext Has Exclusive Podcast Interview with Founder Jack Newton
The law practice management company Clio today announced a record-setting raise of $900 million, at a valuation of a whopping $3 billion, in an oversubscribed Series F investment round that the company says will accelerate its ability to continue to build and develop its multi-product platform and expand its market both to larger firms…
Rocket Matter Unveils the Next Generation of Its Law Practice Management Platform
The law practice management platform Rocket Matter this week rolled out the next generation of its software, a “reimagined” version of the product that emphasizes flexibility and customization to meet the varying needs of different law firms and different practice areas.
When it launched in 2008, Rocket Matter was one of the first of…
Clio Launches Its Own Legal-Specific Accounting and Bookkeeping Software as Add-On to Clio Manage
The law practice management company Clio today unveiled Clio Accounting, providing legal-specific bookkeeping and accounting as an add-on to U.S. customers of its Clio Manage platform.
I have not had an opportunity to see a demonstration of it, but Clio said in an announcement that it includes features to sync information from Clio Manage…
Thomson Reuters Launches CoCounsel Drafting for Transactional Documents, with Litigation Docs Coming Later this Year
In a further expansion of the CoCounsel AI legal assistant it acquired last year through its purchase of Casetext, Thomson Reuters today unveiled CoCounsel Drafting, a document drafting tool that works within Microsoft Word and that leverages both the generative AI capabilities of CoCounsel and the practical content of Practical Law.
Launching today in…
Exclusive: Law Practice Management Software LEAP Introduces Three AI Features – with A Unique Human-In-the-Loop Twist
The law practice management company LEAP Legal Software is today introducing three artificial intelligence features built directly into its all-in-one practice management platform – including one with a unique human-in-the-loop twist.
“LEAP’s AI solutions are not here to replace lawyers or the work they do, but support and complement their expertise by allowing…
New Citators from vLex and Paxton Underscore That They Are The Holy Grail for Legal Research Companies
Citators — tools that validate whether a case or statute is still good law — have always been an essential component of a full-featured legal research platform. But in this age of AI-generated hallucinations, they may be more important than ever before.
Just two products have long dominated the legal research market as the gold…
AAA Introduces APIs for Case Administration; Partners with LexPipe to Help Firms with Free API Installation
The American Arbitration Association today announced the launch of a set of application programming interfaces (APIs) designed to enable parties with multiple arbitration cases to streamline their case administration.
The APIs will allow parties to send and receive documents, file new cases, and track case-related activities.
For firms that may not have robust technology…
UX 101 for Legal: A New Online Course from Theory and Principle Teaches the Basics of UX/UI
Whether you are a purchaser, designer or user of legal tech in your firm or organization, it is important to understand the basics of user experience and user interface design. Now there is an online course to help you do just that.
The legal technology design and development company Theory and Principle has produced…
LawNext Podcast: How Clearbrief Helps Lawyers Find the Best Facts to Support their Writing, with Founder Jacqueline Schafer
Jacqueline Schafer, the founder and CEO of Clearbrief, was inspired to start the company based on her own experiences as a litigator and appellate advocate. A pivotal moment for her came in an asylum case she was handling pro bono, when her ability to…