In what is clearly a major milestone for Milestones, a legal tech company whose product provides law firm clients with automatic updates on their cases, it has closed a $2.1 million seed round and is rebranding as Hona to reflect the broader scope of its product’s capabilities.
Leading the seed round in the…
It was a short week for those of us in the United States, but there is still plenty for us to talk about on today’s Legaltech Week, which you can join live at 3 p.m. ET.
Among the stories we plan to discuss:…
Barely a week before the American Association of Law Libraries descends on Boston for its annual convention, a survey out today of legal professionals views on generative AI finds finds that a majority of them believe that librarians and others involved in knowledge management and research are at risk of obsolescence.
In the survey…
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…
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
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…
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:…
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…
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…
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…
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 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.…
Robert Ambrogi Blog
