Unless you have been living in a cave for the past two years, you are undoubtedly aware of the rash of AI hallucination cases plaguing the legal profession. These are cases in which lawyers-who-should-know-better file briefs they’ve generated using AI without ever checking the citations, only to learn — surprise of surprises — that the…
FTV Capital’s Adam Hallquist on the ProfitSolv Investment: Growth, Payments, and the Unvended Legal Market
Earlier this week, I reported on FTV Capital’s investment in ProfitSolv, the parent company behind multiple law practice management platforms, including CosmoLex, Orion, Rocket 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
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…
On LawNext: How One Mass Tort Firm Uses Supio, the AI Platform for PI Lawyers
Supio, an AI-driven platform developed specifically for personal injury lawyers, has been generating a lot of buzz. On the heels of reporting record growth last year and raising $25 million in Series A funding in October, last month it raised another $60 million in a Series B round. But what do the lawyers who…
Free Legal Research Site Descrybe.ai Launches A Paid Suite of Legal Research Tools, Including Its Own Citator
Even free legal research platforms need to make money at some point, and so as Descrybe.ai today launches a paid upgrade, it is making it worth your while, offering a “Legal Research Toolkit” with a suite of features, including its own AI-driven citator, which it calls the Cytator.
As I wrote about Descrybe…
ProfitSolv, Parent To Multiple Law Practice Management Platforms, Secures ‘Substantial’ Strategic Investment
ProfitSolv, the parent company to a group of practice management and payments products for legal, accounting and professional services firms, said today that it has secured a significant strategic investment co-led by private equity firms FTV Capital and Lightyear Capital.
The company said that the investment will be used to…
A Month Before Annual Meeting of Law Libraries Association, Its Executive Director Announces Departure
A month before the American Association of Law Libraries is set to convene in Portland, Ore., for its annual conference, its executive director, Vani Ungapen, announced today that she will leave at the end of August to purse a new professional opportunity.
Ungapen has been the AALL’s executive director since October 2018.…
CourtListener Launches RECAP Search Alerts for PACER Filings: ‘Google Alerts for Federal Courts’
Free Law Project’s CourtListener has launched RECAP Search Alerts, a new feature that allows users to monitor federal court filings for specific keywords, people, or topics, and receive alerts when there is a match. The service, which went live this week, represents what the organization calls “Google Alerts for federal courts, but much better.”…
Puerto Rico Allows Non-Lawyer Ownership of Law Firms
I wrote yesterday about the Puerto Rico Supreme Court’s adoption of the duty of technology competence, done as part of its promulgation of new rules of professional conduct to replace a code of ethics that had governed lawyers’ professional conduct in Puerto Rico since 1970.
While Puerto Rico modeled its new Rules of Professional…
Puerto Rico Adopts Duty of Technology Competence with Rule that Goes Farther than ABA Model
Ever since 2012, when the American Bar Association first adopted a duty of technology competence for lawyers as part of its Model Rules of Professional Conduct, its approach has been the template for state adoption of the duty. That approach was to incorporate the duty in a comment (Comment 8) to Model Rule 1.1, which…
A Special Interview with Aderant CEO Chris Cartrett Recorded Live at Its Momentum Global Conference
When Chris Cartrett was named CEO of legal technology company Aderant in 2022, he did so with the mission of aggressively advancing a cloud-first strategy throughout the company’s suite of business and financial software for law firms. Given that Aderant is a nearly…
Legal AI Platform Harvey To Get LexisNexis Content and Tech In New Partnership Between the Companies
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…
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