Outside funding from a dedicated litigation finance firm enables law firms to gain greater flexibility for their business models David Shack & David Solomon - The legal services industry in the United States alone represents more than a $430 billion market. While the substantial growth in client demand has led to rising costs for the highest quality legal services, it … [Read more...]
How to Start a Law Firm Without a Plan or Budget – Your Guide to the First 14 Days
Welcome to Casetext’s handy guide to your first 14 days of solo law practice! Powered By LawFuel - Casetext - What’s in this Guide on Starting a Law Firm? My name is Mike Whelan. As managing editor at Casetext, I advocate for solo attorneys both inside the company and to the industry as a whole. I practiced as a solo myself for several years. I’ve done some incredibly stupid … [Read more...]
Legal Tech Firm Embraces Darktrace to Boost Compliance
“CYBER AI IS NOTHING SHORT OF GROUND-BREAKING” Powered By LawFuel - SINGAPORE/SYDNEY, 19 August 2019 – Darktrace, the world’s leading cyber AI company has today announced that Law In Order, a leading provider of end-to-end legal document and digital solutions in Australia and Asia, is using its cyber AI platform to protect sensitive client … [Read more...]
Legaltech Startup Gets Investment
Machine-Learning Legal Document Drafter Gets Equity & Government Investment A startup legaltech venture, Genie AI, that is used to permit “intelligent” contract editor for law firms and an upcoming product targeting GDPR compliance has received £2 million in equity and government funding. Investment came from tech investor Connect Venture with participation from a … [Read more...]
Artificial Intelligence: The facts, the fiction, the future?
Pinsent Mason - You could be forgiven for thinking that AI is the "fairy dust" product that instantly delivers quick and accurate results. Behind the hype there are real possibilities for its application to the delivery of legal services, but what do in-house teams – and their internal clients – need to know to bring artificial intelligence to life? The hype around … [Read more...]