A new tool soon to be released by the no-code bot development company LawDroid uses the artificial intelligence of GPT-3.5 to serve as a lawyer’s virtual legal assistant, able to help with researching legal issues, drafting emails and letters, summarizing documents, brainstorming blog ideas, and even just conversational chatting. Called LawDroid Copilot, it is currently …
Axiom, a company that is one of the longest-running alternative legal services providers, this week stepped into the world of regulated legal services as it formally launched Axiom Advice & Counsel, an Arizona law firm. The move was enabled by the Arizona Supreme Court’s decision last May to grant Axiom a license as an alternative …
In what it is calling a new category of software for attorneys and CPAs involved in financial investigations, Valid8 Financial, a developer of forensic accounting software, today is introducing Verified Financial Intelligence (VFI), an automated solution for extracting and verifying financial evidence. The software extracts transaction evidence from various sources, including client accounting systems, bank statements, …
Help pick the 15 legal tech startups that will get to compete at the seventh-annual Startup Alley at ABA TECHSHOW 2023. Your votes determine the 15 companies selected to face off in a live pitch competition that will be the opening-night event of this year’s TECHSHOW, which is March 1-4 in Chicago. They also get …
Axiom, one of the longest-running alternative legal services providers, today joins the ranks of licensed legal services providers as it opens Axiom Advice & Counsel LLC (AA&C), a law firm in Arizona, where it plans to provide corporate legal services to businesses. Last May, the Supreme Court of Arizona granted AA&C a license to operate as …
Among the things the two e-discovery companies Exterro and Zapproved have in common is that they were both founded in the same year, 2008, and in the same city, Portland, Ore. Now they have something else in common, as they announce today that Exterro has acquired Zapproved. While the terms of the acquisition were not disclosed, Exterro …
Over the course of 2022, the principals of LexFusion conferred with 435 law departments and 250 law firms. Why? Simply put, because that is what the company does. It is a go-to-market company that defines its purpose as “to grease the gears of commerce and rapidly increase the adoption of legal innovation.” On behalf of …
XIRA, a platform for solo attorneys to get clients and manage their law practices, is introducing a variety of upgrades to its platform as well as changes to its pricing that includes elimination of booking fees for new clients and new subscription fees for its practice management platform. I first wrote about XIRA in November 2020, …
Earlier this week, I reported here that the litigation analytics company Gavelytics, which shut down operations in June, has been acquired by a relative newcomer to the legal analytics space, Pre/Dicta, which launched its product in July after two years of development. Yesterday, I met via Zoom with the CEOs of the two companies, Dan …
What do you get when you combine one of the leading intranet portals for larger law firms with the expertise of a consulting firm that has been building and implementing intranets for decades? The answer, according to an announcement today, is a pre-designed, state-of-the-art intranet portal that can be deployed in just weeks, either as …
Last June, the seven-year-old litigation analytics company Gavelytics shut down, seemingly overnight, with founder and CEO Rick Merrill announcing the news by an email on June 29 that he “recently made the difficult decision to close Gavelytics effective June 30,” as I reported at the time. Now, Gavelytics is rising from the ashes, in a sense, with …
CASEpeer, a practice management platform designed for personal injury law firms, now integrates with the online payments platform LawPay, it said today. The integration enables PI firms to accept credit card and ACH payments electronically, which can help a firm increase collections and streamline financial operations. CASEpeer is owned by Affinipay, the parent company of …
The London-based company Apperio, which provides legal spend analytics and matter tracking software, said today it has raised a $7 million growth round of venture capital funding. It will use the funding to further develop its product for corporate counsel, meet growing demand from law firms for new functionality, and accelerate its expansion to the …
Since the December release of Open AI’s GPT-3.5 model, and the related ChatGPT, speculation has been rampant about how this next generation of artificial intelligence might upend the legal profession. But as others have been speculating, two legal scholars and scientists, Daniel Martin Katz and Michael Bommarito, put GPT 3.5 to the task, having it …
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