It has been a whirlwind year for the Open AI-backed, generative AI legal tech startup Harvey, which went from a $5 million seed round in November 2022 to a $21 million Series A in April 2023 to an $80 million Series B in December 2023 at a valuation of $715 million.
It…
A new award announced today is intended to recognize and celebrate the visionary contributions shaping the future of knowledge management and innovation in the legal profession.
Called the LexPrize Innovation Award, it will be presented at the Knowledge Management & Innovation for Legal (KM&I) conference taking place in New York City in October.
Conference…
Courtroom Insight today launched Matter Connector, a product that delivers normalized docket data from multiple sources to the knowledge management platform Litera Foundation and to other law firm systems.
Matter Connector enables law firms to centralize docket data from major providers, such as LexisNexis, Lex Machina and vLex Docket Alarm, through one…
According to Upsolve, a nonprofit company whose technology helps low-income individuals file for bankruptcy for free, Americans owe $1.77 trillion in student loan debt — 93% of it to the federal government.
Since 2017, Upsolve’s debt relief tools have helped more than 13,000 individuals erase more than $750 million in debt. But, due to…
In a pair of AI announcements this week, LexisNexis said that it has significantly enhanced the speed and capabilities of its Lexis+ AI legal AI Assistant, and also that it has launched the commercial preview of Nexis+ AI within its Nexis news and business information research service.
LexisNexis first released Lexis+…
You may have noticed of late that many of your video meetings have an unfamiliar attendee — a meeting bot, invited by one of the human participants, that produces a recording or transcript when the meeting is over. But while there are several such products on the market, none have been developed to meet the…
Almost exactly one year ago, a new legal tech startup, The Contract Network, came out of stealth, with a mission to “radically accelerate the time for contract negotiations” through an AI-powered contract collaboration platform where all parties to a deal engage in a secure and neutral environment.
The company’s cofounder and CEO, Jim…
Live today on Legaltech Week, the panel will be joined by special guest Jake Heller, cofounder of Casetext and now head of product, CoCounsel, at Thomson Reuters, to discuss the news announced earlier this week that Thomson Reuters will deploy the CoCounsel AI assistant as a single app across its entire portfolio of products…
Debuting today is a new product, KLapper, that is a DIY legal virtual assistant builder, powered by generative AI, and designed specifically for law firm knowledge management and innovation teams.
Developed by KLoBot Inc., a company that develops knowledge management technology for the legal industry, KLapper was developed to enable users to easily…
ClaimScore, a startup that uses artificial intelligence to help detect fraudulent claims in class action lawsuits, has closed a $3.15 million seed funding round led by ROC Venture Group, a private investment firm based in Naples, Fla.
Founded in 2022, ClaimScore says it is the only software product dedicated to resolving the problem…
Thomson Reuters, continuing to build on its acquisition last June of Casetext and its CoCounsel generative AI legal assistant for a whopping $650 million cash, today disclosed plans to deploy CoCounsel as a single and continuous AI assistant across its entire portfolio of products spanning every professional its serves in legal, tax, risk and…
With so much focus on the use of large language models in law practice, the Kelvin Large Language Model – or KL3M (pronounced CLEM) for short – stands out as distinct for two reasons. For one, it is the first LLM built entirely from scratch specifically for the legal market. In addition, it is…
Robert Ambrogi Blog
