In October 2020, legal industry veterans Joe Borstein and Paul Stroka set out to change the legal tech sales paradigm by founding LexFusion as a go-to-market representative of a curated collection of companies across major categories of legal technology. As the company nears its third anniversary, Borstein joins me on the LawNext podcast to reflect on…
On Today’s Live Legaltech Week: Nota’s CEO Is Our Guest and We’ll Weigh In On the Casetext Acquisition
We have a packed program for today’s Legaltech Week, live at 3 p.m. ET, with a guest speaker and then our deep dive into the Casetext acquisition news.
To kick off the show, we’ll be joined by Paul Garibian, CEO of Nota, to talk about his company’s first-of-its-kind relationship with
What Law Firms Need To Know About Building A Modern and Secure Data Infrastructure
Law firms are awash in data. Yet relatively few firms know how to responsibly protect and leverage that data — let alone have the data infrastructure needed to achieve that.
Fortunately, there are practical frameworks law firms can implement to manage their data, make the most of their internal applications, take advantage of third-party data…
In the Boston Area? Join Us July 18 For The Inaugural LegalTech Boston Panel Discussion with Three GCs
If you are in the Boston area, join us July 18, 5-7 p.m., for LegalTech Boston’s inaugural event — a panel discussion among three technology company chief legal officers on Boston’s unique contribution to legal tech.
I will moderate the panel, which will feature:…
An Interview with Casetext CEO Jake Heller on His Company’s Acquisition By Thomson Reuters
Yesterday afternoon, I had the chance to sit down for about 20 minutes via Zoom with Jake Heller, the founder and CEO of Casetext, to discuss his company’s acquisition by Thomson Reuters in a $650 million cash deal.
What follows is a transcript of our conversation, which I have condensed and…
As Thomson Reuters Explains Its Acquisition of Casetext, Some Investors Seem Uncertain
Compared to Thomson Reuters, Casetext is a relatively small company with relatively minimal revenue, and one that effectively refocused its product strategy over the past year, launching its generative AI product CoCounsel just four months ago.
So why did TR shell out a record $650 million in cash to acquire Casetext? That was the…
LexisNexis’s New ‘Agreement Analysis’ Uses AI To Help Transactional Lawyers Analyze And Revise Deal Clauses
When LexisNexis launched its Lexis+ premium legal research service in 2020, the service included Brief Analysis, its answer to a line of products pioneered by legal research company Casetext with its CARA brief analysis tool and followed by companies such as Thomson Reuters and Bloomberg Law. Last year, LexisNexis expanded that to add…
The Rumors Were True: Thomson Reuters Acquires Casetext for $650M Cash
Rumors had been swirling that Thomson Reuters was about to acquire Casetext, and they proved to be true.
Just before 9 p.m. Eastern time today, TR said it had signed a definitive agreement to acquire Casetext for $650 million cash.
“The proposed transaction will complement Thomson Reuters existing AI roadmap and builds on its recent…
In A First For A State Bar, Florida To Provide All Members With Free Trust Accounting Software To Help Ensure Compliance And Protect The Public
In what appears to be a first for a state bar association, The Florida Bar is providing each of its 110,000 members with free access to legal trust accounting software – a move its new president believes will help attorneys better comply with trust accounting requirements and better protect the public from trust violations.…
Court Imposes Sanctions On Lawyers Who Filed Bogus Cases After Relying On ChatGPT For Legal Research
A federal district judge has imposed monetary and other sanctions on the two lawyers who filed a brief laden with bogus cases they found when they relied on ChatGPT for legal research.
In the case of Mata v. Avianca, the judge ordered the lawyers, Peter LoDuca and Steven A. Schwartz, as well as the law…
Between Bogus Cases and Bears, Was This The Funniest Legaltech Week Ever? Plus, the Full Chat Transcript
“This episode is one for the record books.” – Stephanie Wilkins, editor-in-chief of Legaltech News.
“This has been a honey pot of a session!” – Michelle Spencer, lead product marketing manager, NetDocuments.
Between skewering the poor lawyer who filed bogus cases in court that he found on ChatGPT and pondering the grizzly question of…
New Visalaw.ai/AILA Product Uses GPT-4 for Immigration Law Research, Drafting and Summarization
A new generative AI product for immigration lawyers announced today is designed to help them conduct research, draft and summarize complex legal documents, and engage with potential clients through a chat interface.
Called Visalaw.ai Gen, the product has been developed as a collaboration between the company Visalaw.ai, the technology affiliate of the immigration law…