LawSites

JANUARY 31, 2024

The legal technology company Clio, which started 16 years ago as a law practice management platform tailored to solos and small firms, said this week that it will now heighten its focus and investment on technology for mid-sized law firms of more than 20 employees. “In Reminder prompts for pending bill approvals and overdue tasks.

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Above The Law

MAY 22, 2023

Go on, ask your procurement team how many AI-driven software products the company buys from third-party vendors without consulting the legal team. The post Advising Corporate Procurement Teams In The Age Of AI appeared first on Above the Law.

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LawSites

JANUARY 24, 2024

Going forward, it will expand its use of generative AI within MyCase and also to its other legal technology products, CASEpeer , the case management platform for personal injury practices, LawPay, the online payments platform, and Docketwise , the practice management platform for immigration lawyers.

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MyCase

APRIL 29, 2024

For centuries, lawyers have been trusted advisors in navigating the legal system. However, with the rise of artificial intelligence (AI), a question looms: Will AI replace lawyers? The short answer is no, but writing off AI altogether would be a disservice to your firm and clients. What Is the Role of AI in Law Today?

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LawSites

MAY 23, 2023

As other legal technology companies have rushed to release products using generative AI, one of the largest, Thomson Reuters, has been unusually silent. TR and Microsoft have collaborated to develop a contract drafting solution that will combine TR’s software and content with Copilot for Word.

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Intelligize Blog

JULY 6, 2023

The emerging technologies forced them to manage compliance, regulatory and legal risks introduced by new data-privacy and security concerns. Similarly, cloud software developer Splunk Inc. Similarly, Ziprecruiter in a 10-Q cited the potential “reputational risks” and adverse effects of using AI. GitLab Inc., GitLab Inc.,

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The Process Street

NOVEMBER 28, 2023

Artificial intelligence (AI) is a strategic priority for 84% of businesses, and in some cases has been used to improve sales team efficiency by over 50%. Even I’ve used AI in the past to generate hundreds of relevant hashtags for social media posts at the click of a button.

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LawSites

APRIL 10, 2024

But I know that, for many lawyers and legal professionals, dictation is the only way to go. If you are one of them, you may want to check out the integration announced today by Philips Dictation of Nuance Dragon’s AI-powered speech recognition into the Philips SpeechLive dictation platform. Custom profiles.

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LawSites

FEBRUARY 15, 2023

At its LEX Summit user conference this week, the law practice management company Filevine made two major product announcements, and its CEO outlined a broad vision for incorporating AI throughout the company’s products. Once extracted and labeled, the client data (name, date of birth, etc.)

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MyCase

JANUARY 24, 2024

Generative artificial intelligence (GenAI) is not a fleeting trend, but a critical tool reshaping the future of the legal profession. Embracing this technological revolution is imperative for lawyers and legal professionals who aim to remain competitive and relevant. MyCase IQ boasts groundbreaking legal AI software features.

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LawSites

MARCH 22, 2022

Out of 65 products named in this year’s awards, just two legal technology products made the cut: Evisort , a company that provides AI-driven contract management for legal, procurement, sales, finance and IT teams; and Onit , a company that provides enterprise workflow products for corporations and corporate legal departments. .

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The Cloud Court Blog

OCTOBER 23, 2023

Stop asking whether AI will take your job. Instead, ask how soon could someoneuse AI to augment their capabilities and take your job. AI has ethical and environmental considerations that may lead to entities moderating its use and throttling its energy consumption through pricing. The media hype around AI is 75% hype.

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CARET Legal

APRIL 24, 2024

A must-have feature of legal practice management platforms, case management software, centralizes all your case files, communications, billing, and scheduling in one platform — it’s truly like having a command center for your law firm. Let’s get into the best legal tech and tools your firm needs to start utilizing now.

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MyCase

MAY 7, 2024

But for legal professionals, artificial intelligence (AI) enables firms to work smarter, not harder. Briefpoint is a time-saving tool that automates the preparation of discovery requests and response documents using AI. Reading, reviewing, and crafting discovery responses isn’t just tedious—it’s downright time-consuming.

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LawSites

AUGUST 1, 2023

developer of the BriefCatch legal editing software, has raised $3.5 BriefCatch founder Ross Guberman said that the company will use the investment to: Launch a suite of related products. BriefCatch founder Ross Guberman said that the company will use the investment to: Launch a suite of related products. LawCatch, Inc.,

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CARET Legal

FEBRUARY 23, 2024

AI is expected to automate nearly half of legal tasks in the US and Europe. Several legal technology trends are set to reshape how law firms operate. According to a Goldman Sachs report , AI is expected to automate nearly half of legal tasks in the US and Europe.

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LawSites

MAY 2, 2023

The company, says its cofounder and CEO Gaurav Oberoi , is on a mission to use AI to help corporate operations teams and legal departments close deals faster by accelerating business contracting across sales, procurement, legal, HR, security, and more. We appreciate their support and hope you will check them out.

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LawSites

APRIL 19, 2023

Lexion , an AI-powered contract management system for mid-market corporations that emerged out of the Allen Institute for AI , the AI research institute created by Microsoft cofounder Paul Allen, said today that it has raised $20 million in Series B funding, bringing its total amount raised to more than $35 million.

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JURIST

OCTOBER 29, 2021

The US Food and Drug Administration (FDA), Health Canada, and the UK’s Medicines and Healthcare products Regulatory Agency (MHRA) released ten guiding principles for the use of machine learning in medical device development. . Artificial intelligence (AI) and machine learning technologies have become increasingly important in health care.

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LawSites

NOVEMBER 14, 2023

On today’sLawNext, it’s a Clio double header, featuring two separate interviews with two of Clio’s top product-focused executives – one with Jonathan Watson , its chief technology officer, and the other with Hemant Kashyap , chief product officer – both recorded live at the Clio Cloud Conference in Nashville in October.

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LawSites

FEBRUARY 21, 2023

She concluded that the company’s supposed AI-driven products were little more than smoke and mirrors and that its representations about its products constituted consumer fraud. Soon after she published her findings, DoNotPay’s founder Joshua Browder announced he was taking down the products she tested.

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LawSites

SEPTEMBER 20, 2023

Stories are increasingly common of lawyers who leave law practice to start legal technology companies, but few achieve the level of success as an entrepreneur of Matt Spiegel. In 2012, he sold MyCase to AppFolio , and then left the company in 2015 to start a software company that helped organizations manage trade shows and events.

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Cenza

FEBRUARY 9, 2023

A fact reiterated by Gartner’s prediction – “By 2025, 30% of new legal technology automation solutions will combine software with staffing for a “human-in-the-loop” offerings. The state of Human in the loop in Legal Human-in-the-loop machine learning does not hinder total automation. Machine learning or human teaching?

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LawSites

JANUARY 11, 2022

In its largest deal so far in a recent string of acquisitions, Onit , the Houston company that provides enterprise workflow products for corporations and corporate legal departments, has acquired SecureDocs , a Santa Barbara, Calif., software company with products for contract management, virtual deal rooms and electronic signatures.

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LawSites

SEPTEMBER 14, 2021

Onit today announced the general availability of InvoiceAI, an artificial intelligence product for first-pass invoice review, and along with it comes a clever promotional video that plays on the threat of AI world domination and legal professionals’ ambivalence around AI.

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Rocket Matter

OCTOBER 25, 2023

Inaccurate timekeeping can result in profit loss due to underbilling, as well as disputes and damaged relationships caused by overbilling.”   As legal professionals work on various tasks, Rocket Matter Track provides a complete picture of the workday with no additional effort required.

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LawTechnologyToday

FEBRUARY 16, 2021

The evolution and utilization of artificial intelligence (AI) is on the rise and shows no signs of stopping in the near future. In fact, Statista reports that global revenues from enterprise applications making use of AI are expected to increase by almost $30B by 2025. The Current State of AI Technology. In Practice.

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LawSites

AUGUST 16, 2023

One of the challenges of using artificial intelligence software for contract review is training the AI to conform to a company’s unique preferences regarding clauses and key terms. No two contracts are quite alike, nor are any two organizations,” said Andy Wishart , Agiloft’s chief product officer.

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LawSites

MARCH 21, 2023

Now in its 10th year in business, Casetext has introduced a series of unique products over the years that have cemented its reputation as a leading innovator in legal technology and AI. Just two months ago, I had legal scientists Dan Katz and Michael Bommarito on this show to talk about their experiment having GPT-3.5

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LawTechnologyToday

MARCH 3, 2023

Have you tried ChatGPT or other similar products, and if so, what was your experience with it/how did you evaluate the quality of what it produced? It was also completely unable to answer any legal questions that related to a particular statute or citation and was generally unable to grasp the substance of the underlying issue.

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LawTechnologyToday

MARCH 23, 2023

Change is afoot in a legal sector known for its traditional working practices. The latest in legal technology may seem overstated to some. However, it is abundantly obvious that many legal technology solutions are already significantly improving the lives of attorneys. This can lead to increased client satisfaction and loyalty.

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LawSites

MAY 26, 2021

Onit , the Houston company that provides enterprise workflow products for corporations and corporate legal departments, is today introducing InvoiceAI, an artificial intelligence product for first-pass invoice review. It will release the product for general availability in the third quarter of this year.

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LawTechnologyToday

MARCH 30, 2021

Whether you are a lawyer, working as the position of legal technology operations director, or performing any other role, the ultimate goal of your law firm is to help your clients and your business succeed. Every legal professional can give their best and manage their work by experimenting with these tools, apps, and platforms.

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LawSites

JANUARY 26, 2024

This week brought notable funding rounds for two legal technology companies, Proof and Spellbook, and a much-smaller seed round for a newer legal tech startup. This is the second big raise in under a year for the company, formerly known as Rally Legal. million Series B funding round. Last May, it raised $10.9

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LawSites

JANUARY 17, 2024

In 2013, when Florida lawyer TJ Fraser set out to find a law practice management solution for his firm, he tested just about every product on the market, he says, but he could not find one that solved the problems he encountered in his day-to-day practice. So, rather than keep looking, he decided to build the solution himself.

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LawVu

APRIL 30, 2024

BlackBoiler now integrates with LawVu, so you can redline NDAs and contracts in minutes, without leaving your legal workspace. With so much back and forth, repetition and volume, it’s no wonder legal seek ways to scale their effort and automate their contract review processes.

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LawSites

JULY 28, 2023

our Legaltech Week panelists will be joined by Dan Hauck , chief product officer at NetDocuments , to talk about the company’s announcement this week of ndMAX, a line of generative AI features available directly within the NetDocuments platform. Are Legal Research Costs Tempting Lawyers to Turn to ChatGPT?

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