Steno, a tech-enabled provider of litigation support services, whose flagship product, DelayPay, enables law firms to defer service costs until their case resolves, has closed a Series B funding round of $15 million, bringing its total raise to $38.5 million.
This latest round was led by Left Lane Capital. The round also…
A new first-of-its-kind app and companion website, called FosterPower, provide foster youth with comprehensive but easy-to-understand information about their rights to mental health care, education and legal protections.
Developed by Bay Area Legal Services, a nonprofit law firm in Tampa, Fla., with funding from a 2021 Legal Services Corporation Technology Initiative Grant,…
Transforming your law practice to go fully virtual requires careful planning and the right tools, says Annette Choti, a lawyer for more than two decades who now advises law firms on digital marketing and growth strategies through her company Law Quill.
“In order to create a successful virtual law firm, a lawyer needs to…
It is an all-too-common scenario in legal tech: A law firm deploys a new legal tech product, hoping to enhance the productivity and efficiency of its legal professionals, only to see it sit idle and underutilized by the very professionals it was intended to benefit.
Anthony Seale
How can a law firm…
The CLOC Global Institute, the conference of legal operations professionals now underway now in Las Vegas, has become a leading venue for legal technology companies to announce product news — particularly when that news relates to products that serve corporate legal departments and legal ops. This year has brought a slew of announcements of…
The majority of law firms use just five or fewer unique software products, according to a legal industry study published today by the law practice management company Smokeball.
The study, How Technology is Changing the Legal Industry in 2023, which surveyed law firms of 50 or fewer employees, finds that 77% of those firms…
As vice president, Data and Operational Excellence, at Wolters Kluwer, Abhishek Mittal is responsible for driving business transformation and new product innovation by embedding data-driven decision making in core operational processes. He leads a large global team of process engineers, design thinkers, data scientists and domain experts to develop expert solutions for both…
A new company coming out of stealth today, The Contract Network, aims to “radically accelerate the time for contract negotiations” by providing an AI-powered collaboration platform that can be used by all parties to a transaction to more quickly “get to the point” in their negotiations.
It is led by CEO Jim Wagner,…
A new product out today from the legal department management platform LexisNexis CounselLink could change the paradigm for how legal departments pay outside counsel, enabling law firms to receive payments within two days of initial invoice approval, while allowing corporations up to 90 days to more thoroughly review, process and fund the invoices.
CounselLink…
LexisNexis today announced the preview launch of Lexis Connect, a legal intake and matter management product that works within Microsoft Teams and uses conversational AI assistants to help deliver answers more quickly.
The product is being developed in partnership with Microsoft, and Microsoft’s Corporate, External and Legal Affairs (CELA) department has signed on as the…
Tonkean, a Palo Alto-based company that describes itself as the first-of-its-kind process experience platform, has launched a matter lifecycle management product for corporate legal teams, LegalWorks, that it says enables them to harness the potential of AI-powered process automation technology safely — in a way that will not only increase process adoption, improve…
Two months after raising $26 million in Series A funding, SpotDraft, a cloud-based contract lifecycle management platform for in-house legal teams, is today launching a deep integration with Microsoft Word that it says will simplify the contract drafting and review process for businesses of all sizes.
Developed in partnership with Microsoft, the integration…
Robert Ambrogi Blog
