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How has AI emerged as the go-to legal technology?

Cenza

The evolution of legal tech was seeded when LexisNexis introduced the red “UBIQ” terminal in 1976 to help lawyers simplify the task of searching case law. This invention set the stage for a technology revolution in the legal space. Early-aughts witnessed a new era in legal technology when pioneering solutions emerged in the market.

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With Expansion, Lawyer Marketplace Priori Is Now Also A Legal Tech Marketplace

LawSites

Priori Legal , a marketplace for in-house legal teams to find and hire outside counsel, is expanding to also serve as a marketplace for legal technology and alternative legal services providers. Factor , the alternative legal services provider that describes itself as delivering complex legal work at scale.

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KLDiscovery Inc. Completes Acquisition of Cenza Technologies Private Limited

Cenza

The acquisition establishes a Global Delivery Center in India to strengthen KLDiscovery’s Managed Document Review and enhance the Company’s contract lifecycle management offering. Together, we are poised to create unparalleled value for our clients, driving forward the future of legal technology and services.”

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Making a case for Artificial Intelligence (AI) with lawyers in the loop

Cenza

Artificial intelligence (AI) technology is transforming the practice of law and many in the legal profession are leveraging this disruptive tech to reduce time and costs while increasing accuracy. On top of that, the pandemic has altered the fundamental way the legal industry operates. Resource allocation for AI training.

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ALSP Factor Launches Product for Law Firms to Manage and Support Transactions

LawSites

There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Now, building on these experiences, Factor is launching a productized, tech-enabled Legal Transaction Optimization service specifically for law firms. Relief Valve.

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The Process of Buying or Selling a Business: A First-Time Buyer’s Guide to Due Diligence

Strictly Business

At this point in the deal process, the buyer believes it has identified a worthwhile acquisition target and has likely conducted a preliminary due diligence review of the seller’s finances and operations. A non-disclosure agreement (NDA) is in place and the major deal points are solidified in a letter of intent (LOI).

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Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

LawSites

Help pick the 15 legal tech startups that will get to compete at the eighth-annual Startup Alley at ABA TECHSHOW 2024. VoiceScript Ai.Law Elevator Pitch: Provides AI-generated litigation documents, from pleadings to discovery. We are the first AI-driven platform to focus specifically on drafting litigation documents.