Eighteen months ago, the first-of-its-kind Judicial Innovation Fellowship launched with the mission of embedding experienced technologists and designers within state, local, and tribal courts to develop technology-based solutions to improve the public’s access to justice. Housed within the Institute for Technology Law & Policy at Georgetown University Law Center, the program was designed to be…
Is Gen AI Creating A Divide Among Law Firms Of Haves and Have Nots?
On Friday, I spoke to a group of trial lawyers on the use of generative AI in litigation. Many in the room were that increasingly rare breed of lawyer who actually go into court and try cases. Of several that I spoke to before and after my talk, they were proud of their courtroom skills…
Every Lawyer In Texas Now Has Free Access to Smokeball’s Trust Accounting and Billing Software
Every lawyer in Texas is now eligible for free access to trust accounting and billing software, thanks to an exclusive partnership announced today between the State Bar of Texas and the law practice management company Smokeball.
Under the partnership, all members of the State Bar of Texas — some 111,000 lawyers — can…
New President of Thomson Reuters Legal Segment Says Industry Needs Open Benchmarking on Gen AI
Raghu Ramanathan, who in February was named president of the Legal Professionals segment within Thomson Reuters, overseeing all its products for the legal profession, believes there should be open benchmarking on legal AI products, he told me during an interview earlier this week.
“I do believe the industry needs open benchmarks on AI performance…
Startup LexIQ, An AI Copilot for Contracts Backed By Techstars and J.P. Morgan, Launches Waitlist Today
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…
As KKR Acquires Majority Stake in Agiloft, An Interview with the CLM Company’s CEO Eric Laughlin
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,…
On LawNext: CEO Ross Guberman On How BriefCatch Is Expanding Its Mission to Help Legal Professionals Improve their Writing
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…
LawNext PR: Assembly Software Launches NeosAI, AI Embedded in the Neos Case Management Platform
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…
Building On Its Jurisage Merger, CiteRight Launches AI-Powered Tool For Litigators to Summarize and Synthesize Case Law
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,…
In Redo of Its Study, Stanford Finds Westlaw’s AI Hallucinates At Double the Rate of LexisNexis
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…
Breaking News: LexisNexis To Acquire Contract Drafting Company Henchman
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,…
Breaking: Investment Firm KKR Acquires Majority Ownership of CLM Company Agiloft
I am running out the door, but this news just broke. Here is the unedited announcement:
KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”). As…