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The $650M Casetext Story: Coloring Book Edition

LawSites

Once upon a time, in a magical city called San Francisco, three former lawyers came together to develop an innovative legal research platform, as an alternative to traditional legal research services such as Thomson Reuters Westlaw and LexisNexis. They called their new company Casetext.

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Major Thomson Reuters News: Westlaw Gets Generative AI Research Plus Integration with Casetext CoCounsel; Gen AI Coming Soon to Practical Law

LawSites

Thomson Reuters today delivered on its promise to integrate generative AI within its flagship legal research platform, introducing AI Assisted Research in Westlaw Precision, available immediately to all U.S. The quality of the process, TR says, comes from Westlaw’s proven and long-established legal research platform.

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How A Startup Evolves: As Casetext Marks 10th Year Anniversary, Here’s Its History Through 50 Blog Posts

LawSites

In fact, with its recent launch of CoCounsel , an AI legal assistant developed in partnership with OpenAI and using the latest version of OpenAI’s GPT large language model, it has become the generative AI company to beat in the legal market. 2013 New Legal Research Site Combines Case Law with Crowdsourcing.

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My 40 Most-Read Blog Posts This Year Tell A Story Of A Legal Industry Consumed With Generative AI

LawSites

Look over this list of my blog posts that were most popular this year, and there is no doubt about the topic that most captivated the legal industry. Of my 40 most-read posts of 2023, 30 directly involved generative AI and others implicated it. 29, 2023). 25, 2023). June 7, 2023). 17, 2023). 29, 2023).

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The Rumors Were True: Thomson Reuters Acquires Casetext for $650M Cash

LawSites

The acquisition unites a long-established giant in legal research with a company that has proven to be a feisty upstart since its founding in 2013. ” Earlier this year, it launched CoCounsel , an AI legal assistant developed in partnership with OpenAI and using the latest version of OpenAI’s GPT large language model.

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Balancing the Scales: Strategies for Addressing Pay Compression in Law Firms

The Estrin Report

When I first received their search, the hiring requirements included 5-10 years of litigation paralegal experience, actual trial experience, ability to handle legal research, drafting and a whole host of other higher-level assignments. A tiered paralegal or legal assistant program works wonders. Those days are long gone.

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Time to Vote! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2023

LawSites

Help pick the 15 legal tech startups that will get to compete at the seventh-annual Startup Alley at ABA TECHSHOW 2023. 3, 2023, AT 11:45 P.M. Our insight is that legal citations are themselves a form of knowledge that can be reused up and down the legal research workflow.