Tonkean, a Palo Alto-based company that describes itself as the first-of-its-kind process experience platform, has launched a matter lifecycle management product for corporate legal teams, LegalWorks, that it says enables them to harness the potential of AI-powered process automation technology safely — in a way that will not only increase process adoption, improve…
Aiming to Simplify Contract Drafting, SpotDraft Partners with Microsoft to Integrate Word within its CLM Platform
Two months after raising $26 million in Series A funding, SpotDraft, a cloud-based contract lifecycle management platform for in-house legal teams, is today launching a deep integration with Microsoft Word that it says will simplify the contract drafting and review process for businesses of all sizes.
Developed in partnership with Microsoft, the integration…
The Post-Pandemic State of Legal Practice, with Nicole Black of MyCase
Over the past year, the sibling legal technology companies MyCase and LawPay have published a series of reports on law practice, including benchmark reports based on anonymized data from the two companies’ customers, as well as an…
Bloomberg Law Launches A Product For Storing, Searching, Drafting and Negotiating Contracts
Does the corporate legal market need yet another contract lifecycle management product? Well, Bloomberg Law thinks it does.
Last month, Bloomberg Law released a survey it conducted with legal news and information company ALM that found that nearly 75% of in-house counsel said that their contract workflow technology did not meet their needs,…
There’s A New Top-Level Domain for Lawyers: ‘.esq’
Google has announced the release of eight new top-level domains that include one specifically designed for lawyers and law firms, “.esq,” based on the abbreviation of esquire that lawyers use to show they are admitted to practice.
Google says the new domain for lawyers is “perfect for showing off your credentials.”
It even pointed…
Tangibly Unveils AI-Powered Tool, Patent X-Ray, To Identify and Document Trade Secrets In Patents
It was just over a year ago that I wrote about the launch of Tangibly, the first platform devoted to helping companies systematically identify and catalog their trade secrets.
Now, Tangibly is introducing Patent X-Ray, a tool powered by large language model artificial intelligence to help companies identify possibly undocumented trade secrets…
Rocket Matter Integrates ChatGPT For Quick Access From Within Its Law Practice Management Platform
Rocket Matter, a cloud-based law practice management platform, now has an integration with OpenAI’s ChatGPT artificial intelligence, providing its users with quick access to ChatGPT from anywhere within the Rocket Matter application.
The integration allows Rocket Matter users to leverage ChatGPT for purposes such as drafting a message or summarizing a document, without the…
Here Are Some Of Our ‘Hot News’ Topics for Today’s Legaltech Week Live At 3 ET
Our intrepid panel of legal tech journalists and bloggers returns live today at 2 p.m. ET for another episode of Legaltech Week, where we discuss the top stories in legal tech and innovation.
Attendance is free, but, if you have not already done so, you need to register, which you can do here. Register…
LexisNexis Enters the Generative AI Fray with Limited Release of New Lexis+ AI, Using GPT and other LLMs
With legal technology companies of all ilks rapidly moving to develop products that incorporate the new generation of generative AI typified by ChatGPT, it was only a matter of time before one of the legal research giants would enter the fray.
Today, LexisNexis is announcing the launch of Lexis+ AI, a new product that…
Law Librarians Play Central Role In Legal Tech Adoption And Use, AALL ‘State Of The Profession’ Report Shows
Whether they work in law firms or corporate legal, academia or government, law librarians play a central role in testing, recommending and deploying legal technology, according to the American Association of Law Libraries’ 2023 State of the Profession report, an exhaustive 252-page survey of the legal information landscape.
This is the third time…
On LawNext: Lexion CEO Gaurav Oberoi on His $20M Raise and Getting Deals Done Faster with AI
Lexion is an AI-powered contract management system with a unique pedigree, having emerged out of the Allen Institute for AI, the AI research institute created by Microsoft cofounder Paul Allen, and having received backing from investors such as Khosla Ventures, a Silicon Valley…
Two Notable Legal Tech Moves, As Crowell Names Alma Asay Chief Innovation Officer and Relativity Names Laurie Usewicz Chief Partner Officer
There were two notable moves in the legal tech world announced today, both to newly created positions, as the law firm Crowell & Moring announced that it has named Alma Asay as its first chief innovation and value officer, and Relativity said that it has named Laurie Usewicz as its first chief partner…