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LawSites
Tracking new and intriguing websites and products for the legal profession.
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Thomson Reuters Spins Off Elite As Independent Company Now Owned By Asset Manager TPG
It is a day of major legal tech deals. Following news earlier today of the merger of Fastcase and vLex, now comes news from Thomson Reuters that it is selling off a majority stake in Elite, its suite of law practice management and financial products for larger law firms, to TPG, a global asset management …
On LawNext: 15 Years, 15 Lessons: Clio Founder Jack Newton On What He’s Learned About Building a Successful Company
In the 15 years since he and Rian Gauvreau cofounded the legal practice management company Clio in 2008, Jack Newton has learned a thing or two about what it takes to build a successful company. As its CEO since the start, Newton has overseen the growth of the company from fledgling startup to a centaur …
In Major Legal Tech Deal, vLex and Fastcase Merge, Creating A Global Legal Research Company, Backed By Oakley Capital and Bain Capital
In a deal that will reshape the legal research and legal technology landscape on a global basis and threaten the longstanding “Wexis” legal research duopoly, the companies vLex and Fastcase today announced that they have merged into a single entity that they say will have the world’s largest subscriber base of lawyers and law firms …
New CEO at SurePoint, Eric Thurston, Says His Focus Will Be On Customer Service And Company Growth
SurePoint, a company that provides practice management, financial and client relationship products for mid-sized law firms, today announced the appointment of a new CEO, Eric Thurston, a veteran business-transformation leader with more than two decades of experience scaling and leading high-growth software and services companies across several verticals, including legal. Venture investor Mike Suchsland, a …
Wolters Kluwer Offers Free Bank Failures Toolkit for Corporate Counsel
In the wake of the recent failures of Silicon Valley Bank and Signature Bank, Wolters Kluwer Legal & Regulatory U.S. has launched a new resource, intended for corporate legal departments, that provides a collection of guides and checklists to help companies avoid a bank failure and take action when a failure occurs, as well as a …
BlackBoiler Enhances Its Contract Redlining with ‘ContextAI,’ Which Gives the Reason for Every Redline
BlackBoiler, a company whose AI-driven contract review software automatically reviews and redlines contract drafts using Microsoft Word’s Track Changes, is today releasing a new feature, ContextAI, that enhances the markup by showing the user the reason for every redline. Last year, I reported on BlackBoiler’s launch of Playbook Builder, a feature that helps companies automate …
ABA Antitrust Content Now Available on vLex (And We Have An Exclusive Demo of How It Works)
The legal research company vLex and the American Bar Association are today announcing a partnership to offer access to a collection of more than 60 titles from the ABA’s Antitrust Law Section on vLex’s AI-powered research platform. The collection of competition and consumer protection content covers essential areas of antitrust law such as monopolization, intellectual …
Legalweek News Roundup Part 2: CASEpeer, Evisort, Everlaw, Hanzo, LawPay, LexCheck, LinkSquares, LegalEase, Logikcull, Milestones, MyCase
This week marked the annual Legalweek show in New York, one of the world’s largest and most prominent legal technology conferences. Although COVID kept me from attending, it is not keeping me from covering the news coming out of the show. Previously, I posted part one of my roundup of Legalweek news, featuring news from Reveal-Brainspace, Casepoint, …
Legalweek News Roundup Part 1: Reveal, Casepoint, DISCO, ContractPodAi, HaystackID, Repario
This week brought the annual Legalweek show to New York, one of the world’s largest and most prominent legal technology conferences. Traditionally a place where major legal tech companies announce new products and features, this year was no different, save for slew of GPT-related announcements. As has been the case for several years, e-discovery and …
Using Litigation Analytics Is Now ‘Table Stakes,’ Lex Machina Survey Finds
Way back in 2018, as an increasing number of legal technology companies were launching litigation analytics products, I wrote about the trend in a post on Above the Law, where I posited that it could someday be malpractice for a lawyer not to use analytics. Now, a survey out today from Lex Machina, one of …
Law.com Radar Expands with Coverage of State Court Lawsuits and More Granular New-Suit Alerts
In 2020, ALM, publisher of legal news sites including Law.com, The American Lawyer and New York Law Journal, launched Law.com Radar, a service that delivers custom-tailored news drawn from court dockets, with a unique twist — its news summaries are generated algorithmically, then quickly reviewed by human editors. It later added transactional news to the …
On LawNext: Casetext’s Three Top Execs On CoCounsel, GPT-4 and ‘A New Age in the Practice of Law’
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. Now, at time when seemingly every legal tech developer is rushing to incorporate the GPT artificial intelligence model into their products, Casetext has …
LeanLaw, Cloud-Based Legal Financial System for Law Firms, Raises $4M Series A Round
LeanLaw, a company that provides a financial operating system for small and mid-sized law firms, said today it has raised $4 million in a Series A financing round led by FINTOP Capital. Based in Boise, Id., LeanLaw’s cloud-based product provides IOLTA trust accounting, time and expense tracking, billing, matter management, electronic payments, and reporting. LeanLaw …
Few Legal Professionals Using Or Planning to Use Generative AI So Far, LexisNexis Survey Finds
Few legal professionals are using or planning to use generative AI tools in their legal work, according to a survey conducted March 15-16 and published this week by LexisNexis Legal & Professional. The survey finds that legal professionals — the survey polled 1,176 U.S. lawyers and 1,239 law students — are generally more aware than …
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