It is a day of major legal tech deals. Following news earlier today of the merger of Fastcase and vLex, now comes news from Thomson Reuters that it is selling off a majority stake in Elite, its suite of law practice management and financial products for larger law firms, to TPG, a global…
On LawNext: 15 Years, 15 Lessons: Clio Founder Jack Newton On What He’s Learned About Building a Successful Company
In the 15 years since he and Rian Gauvreau cofounded the legal practice management company Clio in 2008, Jack Newton has learned a thing or two about what it takes to build a successful company. As its CEO since the start, Newton has overseen the growth of the company from fledgling…
In Major Legal Tech Deal, vLex and Fastcase Merge, Creating A Global Legal Research Company, Backed By Oakley Capital and Bain Capital
In a deal that will reshape the legal research and legal technology landscape on a global basis and threaten the longstanding “Wexis” legal research duopoly, the companies vLex and Fastcase today announced that they have merged into a single entity that they say will have the world’s largest subscriber base of lawyers and…
New CEO at SurePoint, Eric Thurston, Says His Focus Will Be On Customer Service And Company Growth
SurePoint, a company that provides practice management, financial and client relationship products for mid-sized law firms, today announced the appointment of a new CEO, Eric Thurston, a veteran business-transformation leader with more than two decades of experience scaling and leading high-growth software and services companies across several verticals, including legal.
Venture investor
Wolters Kluwer Offers Free Bank Failures Toolkit for Corporate Counsel
In the wake of the recent failures of Silicon Valley Bank and Signature Bank, Wolters Kluwer Legal & Regulatory U.S. has launched a new resource, intended for corporate legal departments, that provides a collection of guides and checklists to help companies avoid a bank failure and take action when a failure occurs, as well as…
BlackBoiler Enhances Its Contract Redlining with ‘ContextAI,’ Which Gives the Reason for Every Redline
BlackBoiler, a company whose AI-driven contract review software automatically reviews and redlines contract drafts using Microsoft Word’s Track Changes, is today releasing a new feature, ContextAI, that enhances the markup by showing the user the reason for every redline.
Last year, I reported on BlackBoiler’s launch of Playbook Builder, a feature that helps…
ABA Antitrust Content Now Available on vLex (And We Have An Exclusive Demo of How It Works)
The legal research company vLex and the American Bar Association are today announcing a partnership to offer access to a collection of more than 60 titles from the ABA’s Antitrust Law Section on vLex’s AI-powered research platform.
The collection of competition and consumer protection content covers essential areas of antitrust law such as…
The Strange Case of the Two Legal AI Companies Named Harvey, and their Coincidental Connection to Winston
Wait, are there now two legal AI companies named Harvey? And how is it they both involve a Winston? And why did one disappear overnight? It’s a legal tech mystery.
Last November, a GPT-powered legal AI startup called Harvey came out of stealth mode, revealing it had raised $5 million in funding led…
Help Transform Justice: Apply For A Judicial Innovation Fellowship (Deadline Is April 7)
Do you want to help transform justice across state, local, territorial and tribal courts? Georgetown Law’s Institute for Technology Law & Policy is seeking applicants for an 11-month Judicial Innovation Fellowship (JIF) in which fellows will take the lead on a technical, data or design project aimed at improving a court’s capacity and access…
Legalweek News Roundup Part 2: CASEpeer, Evisort, Everlaw, Hanzo, LawPay, LexCheck, LinkSquares, LegalEase, Logikcull, Milestones, MyCase
This week marked the annual Legalweek show in New York, one of the world’s largest and most prominent legal technology conferences. Although COVID kept me from attending, it is not keeping me from covering the news coming out of the show.
Previously, I posted part one of my roundup of Legalweek news, featuring news from…
Legalweek News Roundup Part 1: Reveal, Casepoint, DISCO, ContractPodAi, HaystackID, Repario
This week brought the annual Legalweek show to New York, one of the world’s largest and most prominent legal technology conferences. Traditionally a place where major legal tech companies announce new products and features, this year was no different, save for slew of GPT-related announcements. As has been the case for several years, e-discovery…
Using Litigation Analytics Is Now ‘Table Stakes,’ Lex Machina Survey Finds
Way back in 2018, as an increasing number of legal technology companies were launching litigation analytics products, I wrote about the trend in a post on Above the Law, where I posited that it could someday be malpractice for a lawyer not to use analytics.
Now, a survey out today from Lex…