With a global recession and further economic downturn predicted, clients are demanding financial transparency and cost certainty across their engagements with law firms as they look to alleviate their cost pressures. Firms need to respond and ensure they have the internal resources in place to maximise client value while safeguarding profitability.
Belgian legal tech company Henchman announced it has closed a €6,5 million Series A funding round. The round is led by the U.S.-based Adjacent VC and German Acton Capital and joined by Conviction VC and several business angels (including the Founders of Belgian success story, Showpad and Collibra).
Today, legal AI company Casetext unveiled CoCounsel, the first AI legal assistant. CoCounsel leverages the latest, most advanced large language model from OpenAI, which Casetext has customized for legal practice, to expertly perform the skills most valuable to legal professionals.
LexisNexis® CounselLink® today announced it has added new Contract Lifecycle Management (CLM) capabilities and an enhanced work intake system into its cloud-based Enterprise Legal Management (ELM) solution.
Everlaw, the cloud-native investigation and litigation platform, has achieved StateRAMP authorization. With this authorization, state and local government agencies will be able to use Everlaw's ediscovery platform confidently as they move toward widespread cloud adoption, knowing the tools follow trusted protocol and protections.
A recent study conducted by Northern Irish solicitors, SG Murphy, decided to put AI chatbot, ChatGPT, to the test by asking it a number of standard legal questions. This was to ascertain whether the platform could rival solicitors in terms of giving accurate legal advice.
Brightflag, the AI-powered legal operations platform, today announced the launch of PDF Check, a set of capabilities for intelligent, automated PDF invoice validation.
If you're a knowledge worker in a law firm, you're probably no stranger to spending hours a day drafting and generating documents. The manual processes involved in this task can be time-consuming and error-prone, leading to frustration, lost productivity, and increased stress levels.
Wolters Kluwer has today announced that it has moved to align its Enterprise Legal Management (ELM) Solutions business with its Legal & Regulatory (LR) division, bringing the company’s legal software assets closer together to enhance product innovation.
Eigen Technologies (Eigen), the global intelligent document processing (IDP) provider, has appointed Brian Troesch as its new Chief Revenue Officer (CRO).
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