A legal industry report released today by the sibling legal technology companies LawPay and MyCase provides unique insights into the technology tools that matter most to smaller law firms in the post-pandemic era. While the report finds that law firms have largely recovered from pandemic-related declines in revenues, it concludes that, with regard to technology, …
Citing rapid growth over the past year, LexCheck, a company whose platform provides AI-powered contract review and negotiation, has raised $17 million in Series A funding, on top of $8 million in seed funding it had previously raised. The funding was led by the global venture capital firm Mayfield Fund. The company said it will …
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. As I have written before, Clearbrief is an innovative …
I have always wanted to attend one of those invite-only summits – such as the Davos meeting of the World Economic Forum or a Renaissance Weekend – that bring together leaders from across disciplines to engage in open and unfettered dialogue about the state and future of whatever the summit’s topic may be. This week, …
StructureFlow, a London company whose platform enables visual modeling of complex corporate transactions, has raised $3.5 million in a pre-Series A funding round. The company, launched in 2019, said it will use the funding to accelerate development of its visual modeling platform and to boost its sales and marketing efforts, with a particular focus on …
Factor, the managed services company that spun off in 2019 from alternative legal services provider Axiom, describes itself as providing “complex legal work at scale” for the corporate legal market it serves. But more recently, it has begun to position itself as falling within a new category of alternative legal services. It calls this new category “integrated …
In the latest episode of our video series How It Works, we learn about LawPay, the electronic payments solution developed specifically to help law firms streamline billings and collections by providing a simple, secure way for legal clients to pay their bills online. LawPay’s easy-to-use technology was built around lawyers’ specific needs, providing a simple …
Case Status, a mobile client portal and messaging platform with a primary focus on consumer law firms, has raised $5 million in a Series B round, bringing its total funding to over $11 million. Last January, the company raised $3.5 million in a Series A venture capital round, and it had previously raised of $1.5 …
We’ve all been there or heard the stories: You’re a junior associate working on a make-or-break case. Partners are breathing down your neck to meet deadlines. The entire case rests on your shoulders so you have to get it right – even if it means pulling a fourth all-nighter – because if you miss a …
In Japan, the legal technology company LegalOn, which has operated there under the name LegalForce, is one of the largest providers of AI contract review technology to corporations and law firms, with more than 3,000 customers, 400 employees and $131 million in fundraising, including $101 million this year. But in the U.S., LegalOn is virtually …
Earlier this month, at the NetDocuments three-day Inspire 2022 conference for customers and partners, one of the speakers was Jeff Pfeifer, chief product officer for LexisNexis for Canada, the U.K., and the U.S. He was there to speak about a unique partnership between LexisNexis and NetDocuments called Highlights, which embeds LexisNexis case analysis and intelligence technology directly into the NetDocuments …
In its six years so far, the Startup Alley competition at ABA TECHSHOW has helped catapult the success of a long list of legal technology startups. Now the competition is returning for its seventh year, and applications officially open today to enter for a spot at TECHSHOW 2023, which takes place in Chicago March 1-4. …
A 25-person legal technology company in California is fighting back against one of the world’s largest law firms in a lawsuit over ownership rights to legislation-drafting software that each side says was its idea. In October, the law firm Akin Gump Strauss Hauer & Feld filed a lawsuit against Xcential Legislative Technologies for misappropriation of trade …
Page 9 of 12