FTV Capital’s Adam Hallquist on the ProfitSolv Investment: Growth, Payments, and the Unvended Legal Market

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Earlier this week, I reported on FTV Capital’s investment in ProfitSolv, the parent company behind multiple law practice management platforms, including CosmoLexOrionRocket Matter and Tabs3. Although the dollar amount of the investment was not disclosed, ProfitSolv described it as “substantial.”

Yesterday, I had the opportunity to speak with Adam Hallquist, a…

The AI Strategy Divide in Law: Thomson Reuters Survey Says Strategic AI Adoption Is the Key to AI Success

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A study out today from Thomson Reuters reveals a stark division within the legal profession: When it comes to reaping the benefits of AI, organizations with clear AI strategies are dramatically outperforming those without them, creating an increasingly pronounced competitive divide.

The 2025 Future of Professionals report, based on responses from 2,275 global professionals…

Legal AI Platform Harvey To Get LexisNexis Content and Tech In New Partnership Between the Companies

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The generative AI legal startup Harvey has entered into a strategic alliance with LexisNexis Legal & Professional by which it will integrate LexisNexis’ gen AI technology, primary law content, and Shepard’s Citations within the Harvey platform and jointly develop advanced legal workflows.

As a result of the partnership, Harvey’s customers working within its platform will be…