While the last few years have brought an abundance of new and innovative legal tech products to market, the fact of the matter is that not every new product will succeed. Inevitably, for whatever reason, some products fail. But one thing for certain is that while some products shut down with a whimper, others go…
Miss Last Friday’s Legaltech Week? Here’s the Video. Among Our Topics: Should We Ban ‘Nonlawyer’?
If you missed it last Friday, here is Legaltech Week for April 5, 2024.
Among our topics: Banning “nonlawyer,” updates from the International Association of Privacy Professionals, lawyer chastised for Microsoft Word screw-up, and more.
You can always catch all prior episodes as a podcast or on YouTube.
In addition to regular panelists Niki Black, Caroline…
Following Departure of its Founder, E-Discovery Company DISCO Names New CEO
The e-discovery company CS Disco today announced that its board of directors has named Eric Friedrichsen as president and chief executive officer, filling the slot vacated when the company’s cofounder Kiwi Camara stepped down as CEO last September in the wake of allegations that he had groped a female employee.
Since Camara’s…
New Product from Litera Uses Gen AI to Create Database of Corporate Deal Terms from a Firm’s Own Documents
Litera today released a new product that uses generative artificial intelligence to create a database of corporate deal terms from a law firm’s own documents, in order to give legal teams easy access to al relevant data points from prior transactions, whether for negotiating a deal or pitching a potential client.
The product, Foundation…
Are You A Dictator? Then Philips’ New Integration with Nuance Dragon’s AI Speech Recognition May Be for You
I am not a dictator (although some in my family may at times disagree). But I know that, for many lawyers and legal professionals, dictation is the only way to go. If you are one of them, you may want to check out the integration announced today by Philips Dictation of Nuance Dragon’s AI-powered…
On LawNext: How Maptician Is Helping Law Firms Optimize Hybrid Office Space, with CEO Alaa Pasha
Timing is everything, it is said, and so it was either ironic or fateful that Maptician — developed as a hoteling platform to help law firms and businesses manage office space — launched in 2019, just before the pandemic and a period in which offices once bustling with people turned into downtown ghost…
As It Continues to Expand Beyond Legal Research, Bloomberg Law Acquires Legal Project Management Platform Dashboard Legal
Furthering its expansion beyond legal research and into other products aligned with legal professionals’ day-to-day workflows, Bloomberg Law has acquired Dashboard Legal, a project management and collaboration platform specifically designed for the legal market.
The acquisition builds on the company’s launch last year of Bloomberg Law Contract Solutions, an AI-powered solution for…
The LawNext Podcast Surpasses 250 Episodes of Chronicling the Innovators and Entrepreneurs Who Are Driving What’s Next In Law
I realized today that my LawNext podcast recently hit a milestone — its 25oth episode. In fact, with the latest episode posted this week, we are up to 254 episodes.
All 254 are shown in the image above or on this live-with-links episode gallery.
When I started LawNext in 2018, I was no…
With Goal of Promoting Open Access to Legal Scholarship, Yale Law School Launches Law Archive
With the goal of making legal scholarship freely available outside of “proprietary and predatory frameworks,” Yale Law School has launched Law Archive, a free and open archive for publishing legal scholarship.
Developed by Yale’s Lillian Goldman Law Library and the Center for…
On LawNext: How iManage Is ‘Making Knowledge Work’ for Legal Professionals, with CEO Neil Araujo
With the tagline “Making Knowledge Work,” the document management company iManage is enormously successful within the legal industry, with more than 4,000 customers across six continents, including 80% of the Am Law 100 and more than 40% of Fortune 100 companies. Just last year, it
Legal Tech Investment News this Week: Luminance for Contracts, Scrut for GRC, TRĒ for CRM, VXT for VoIP
It is only Wednesday, but already this week has brought news of four notable investment deals in legal tech.
LuminanceLuminance, a UK-based company that uses artificial intelligence to automate the generation, negotiation and analysis of contracts, and whose product is also used for e-discovery, has raised $40 million in a Series B funding…
NetDocuments Says Its PatternBuilder MAX AI Is Its ‘Most Successful Product Launch By A Factor of 10’
In news that is perhaps an indicator of the legal industry’s interest in generative AI, the document management company NetDocuments said today that its launch of PatternBuilder MAX AI was its “most successful product launch by a factor of 10.”
From the product’s initial launch in October to early last month, the product…