Hot off the presses is news that Francisco Partners, a major global investment firm that specializes in partnering with technology businesses, announced plans to acquire Elite, a legal technology company that specializes in financial management and business operations.
It will acquire it from its current owners, TPG Capital, the U.S. and European private equity platform of…
NetDocuments today announced significant enhancements of its document management system, introducing AI-powered document profiling capabilities and the company’s first agentic AI tool for editing documents directly within Microsoft Word.
The new features come as part of the company’s ongoing push to embed artificial intelligence more deeply into legal workflows while enabling legal professionals to…
NetDocuments today announced ndConnect, a new interoperability program designed to integrate third-party AI solutions directly into its document management system, starting with partnerships with legal AI vendors Harvey and Legora.
The company says that ndConnect addresses a growing need among legal professionals to use various AI tools while maintaining security and governance standards within their…
Continuing its “Road to ILTACON” series of product announcements that I wrote about earlier this week, Litera today announced several enhancements to its Litera One platform, adding new workflows designed to integrate knowledge management and client relationship data directly into Microsoft Word and Outlook environments.
The Chicago-based legal technology company introduced four new features to…
What happens when a Harvard-trained corporate lawyer, tired of copying and pasting contract language, starts reading about self-driving cars? In Shashank Bijapur’s case, it sparked the creation of SpotDraft, a contract lifecycle management company that just raised $54 million in Series B funding and that counts major companies such as Airbnb among its…
Streamline AI, a company founded in 2020 by a former DoorDash attorney to address the challenges she encountered in her legal work, today said it has closed an $8.6 million Series A round, to bring its total funding to $14 million.
This latest round was led by Blumberg Capital, with…
Querious, which was one of two legal tech startups to win this year’s Startup Alley at ABA Techshow in a first-ever tie, has been approved by the Alabama State Bar as a member benefit.
The approval means that Alabama bar members will be able to subscribe to Querious at a discounted rate. The…
On Monday, I broke the news that the legal tech company SixFifty, of which a majority was owned as a subsidiary of the Silicon Valley law firm Wilson Sonsini Goodrich & Rosait, had been acquired by the payroll and HR company Paychex.
Although the deal had closed in May, neither Wilson Sonsini nor Paychex…
[Note: This year marks the 30th in which I’ve been tracking the development of legal tech — or at least that is the earliest evidence I can find of when I started regularly writing about the subject.
In commemoration of that milestone, I decided to write a post highlighting the major themes that…
A legal technology startup, ChronoTracer, is making its official launch today with the rollout of a platform designed to automatically convert digital evidence into searchable, filterable chronologies for litigation and investigation teams.
The Austin-based company was founded by former attorney Richard Gorelick, who started his career at Coudert Brothers before transitioning to technology, and…
Update: Wilson Sonsini Issues Statement on Sale of SixFifty to Paychex.
Although the deal has not been publicly announced by either company, LawSites has learned that the payroll and human resources company PayChex has acquired the legal technology company SixFifty, which in recent years has heavily focused on helping businesses automate employment…
Is the road to ILTACON paved with gold? Global legal technology company Litera may be hoping so, as it rolls out a “Road to ILTACON” series of product launches and enhancements, all leading up to the annual conference of the International Legal Technology Association, which starts Aug. 10 in National Harbor, outside Washington, D.C.…
Robert Ambrogi Blog
