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In Major Legal Tech Deal, vLex and Fastcase Merge, Creating A Global Legal Research Company, Backed By Oakley Capital and Bain Capital

LawSites

Unique Global Breadth vLex has been unique among legal research services for its breadth of international coverage. Its platform includes Vincent, an AI-powered legal research assistant that analyzes legal documents that users upload and finds relevant search results. Lluís Faus will become global CEO.

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Private Equity Firm Acquires Majority Interest in Global Legal Research Platform vLex

LawSites

Oakley Capital, a major European private equity investor, has acquired majority ownership of vLex , the international legal research platform. vLex is unique among legal research services for its breadth of international coverage. See: Vincent Joins CARA, EVA and Clerk as the Latest AI-Driven Research Assistant. .

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Legal Research Company Casetext Raises $25M In Undisclosed Funding Round

LawSites

The legal research company Casetext has raised $25 million in a Series C funding round, bringing its total amount raised to $64.3 7, 2022, documenting the raise of $25 million in equity financing. .” “We have found attorneys doing legal research on Parallel Search save 11.5

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Now View More Case Law As You Draft Legal Documents in Clearbrief, through Partnership with Fastcase

LawSites

Lawyers and legal professionals using the AI-powered document drafting tool Clearbrief to create a legal brief or document will now be able to seamlessly view any case law they cite thanks to a partnership with the legal research and intelligence company Fastcase , the companies announced today.

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Legal Research Company Casetext Raises $25M In Undisclosed Funding Round

LawSites

The legal research company Casetext has raised $25 million in a Series C funding round, bringing its total amount raised to $64.3 7, 2022, documenting the raise of $25 million in equity financing. .” “We have found attorneys doing legal research on Parallel Search save 11.5

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How Law Firms Are Using AI: Quick Case Summaries and More

CARET Legal

By streamlining complex processes and enhancing accuracy, AI is not only optimizing how legal professionals work but also redefining outcomes. Artificial Intelligence (AI) is revolutionizing the legal world, transforming key practices including case reviews, legal research, contract analysis, and predictive analytics.

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The Five Most Momentous Legal Tech Fails

LawSites

While the last few years have brought an abundance of new and innovative legal tech products to market, the fact of the matter is that not every new product will succeed. Let’s revisit five of the most momentous legal tech fails of the last 10 years. Let’s revisit five of the most momentous legal tech fails of the last 10 years.

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