Launched in 1993 and acquired by LexisNexis in 2004, Interaction is one of the most established client relationship management (CRM) products in the legal market. An on-premises product designed for large law firms, InterAction is used by three-quarters of the Am Law 100 and three-quarters of the largest firms globally, according to LexisNexis.…
NetDocuments Lays Out Plans for Series of ‘ndMAX’ Generative AI Products and Releases the First, For Customizing Document Automation in PatternBuilder
Consider this scenario: You are an immigration lawyer representing a hospital seeking to bring a talented surgeon to the United States under an O-1 nonimmigrant visa — a visa for individuals with extraordinary abilities in the sciences, arts and other fields. You have collected a series of letters of support attesting to the doctor’s abilities…
The 2023 Fastcase 50 Announced, Honoring Legal’s Innovators, Visionaries and Leaders
Since 2011, Fastcase has released an annual list of the Fastcase 50, honoring 50 of the law’s “smartest, most courageous, innovators, techies, visionaries, and leaders.” Fortunately, even though Fastcase merged earlier this year with vLex, that tradition continues, as Fastcase has now announced the 2023 honorees.
I say “fortunately” because, as I…
LawNext Podcast: The Past, Present and Future of Trial Presentation Software, with Lit Software’s Tara Cheever and Derek Miller
Recently, Derek Miller, a veteran legal technology executive who, as president and CEO of inData Corporation for nearly three decades, oversaw Trial Director, one of the most widely used trial-presentation software products ever, joined Lit Software, the developer of a suite of litigation apps for iPad and Mac, as chief growth officer, to help…
Live at 3 ET Today: The Legaltech Week Panel Looks At The Top Stories In Legal Tech and Innovation
Live today at 3 E.T. is the weekly Legaltech Week, the program where a panel of journalists and bloggers discusses the top news in legal tech and legal innovation.
Among the stories on the agenda for today:…
Tangibly Raises $6.5M Seed Round To Further Develop Its SaaS Trade Secrets Management Platform
Tangibly, a cloud-based trade secrets management platform, has completed an oversubscribed $6.5 million seed round, which it plans to use to further develop its recently launched Patent X-Ray, a tool powered by large language model artificial intelligence to help companies identify possibly undocumented trade secrets from their own patents.
The round was led…
LawNext Podcast: The Florida Bar’s Precedent-Setting Decision To Give Every Lawyer Access To Trust Accounting Software
In a first for a state bar, The Florida Bar is providing its entire membership of more than 111,000 lawyers with access to legal trust accounting software – a move designed to both help lawyers better comply with trust accounting rules and help protect members of the public from trust accounting errors.
The initiative…
New Dashboard Legal Feature Gives Law Firm Partners A Snapshot View Of All Activity Across Matters and Associates
Since launching to the legal market in 2021, the matter management platform Dashboard Legal has built a loyal following among law firm associates, who find it a superior alternative to updating and circulating checklists in Microsoft Word or Excel, says founder and CEO Mat Rotenberg.
But the company kept hearing from law firm…
Milestones, Startup that Automates Client Updates, Raises $2.1M Seed Round, Rebrands As Hona
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…
Today On Legaltech Week: Our Take On So-Called ‘Twitter Killer’ Threads, Plus, Dust Off Your Law School Training For An Actual Forum Non Conveniens Story
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:…
Survey Says Gen AI Puts Law Librarians and KM Professionals At Risk of Obsolescence
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…
On LawNext: LexFusion CEO Joe Borstein On His Company’s Third Anniversary and His Client Casetext’s Acquisition By Thomson Reuters
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…