Being swamped with paperwork is nothing new for lawyers. Contracts, invoices, legal documents – the list is endless! Such an extensive list of documents may cause lack of organization and numerous problems. For this reason, more and more law firms are starting to operate without paper. Switching to a digital filing system can help you […]
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Ben Thompson, legal affairs writer Law firm AI applications are growing in importance as the legal industry undergoes rapid transformation as firms around the globe recognize the importance of embracing generative AI to remain competitive. While historically cautious about technological change, the pace of AI advancement and its swift adoption by corporate legal departments has
Law Firm AI – How Law Firms Are Embracing Generative AI to Stay Competitive Read More »
StructureFlow, a London-based start-up that creates visual models of complex legal transactions, has picked up $6 million in fundng led by US-based fintech fund FINTOP Capital, with additional investment from Venrex, part of Select Equity Group, a US asset management fund. The latest funding brings the company’s total investment to £10.5 million. StructureFlow is a
City Lawyer’s ‘Visual’ LawTech Startup Gets $6 Million Read More »
For lawyers using AI the risks are high and so Australian-based law firm Allens, who have a close relationship with Magic Circle leader Linklaters, have looked at the issue around using generative AI for Australian law. The lessons learned may well translate into multiple jurisdictions when the challenges and opportunities presented by AI. Allens have
Big Law Firm Tests AI’s Competence On Australian Law Read More »
Running a law firm is undoubtedly about winning cases, but overlooking the importance of cost management and growth strategies would be a mistake. In today’s digital landscape, remote depositions, witness interviews, and legal process automation can revolutionize your firm’s operations – and when you throw expert CFO support into the mix, you create a powerful
From Unlikely Friendship to Legal Tech Innovation: Definely’s Journey For lawyers Nnamdi Emelifeonwu (pictured) and Feargus MacDaeid, their journeys converged in an unlikely friendship that sparked an idea to transform how the legal industry works with contracts and documents. Their startup, Definely, has now raised $7 million in a Series A round led by Octopus
How A LegalTech Startup Founded By A Nigerian Immigrant Secured Millions Read More »
Inspired by the remarkable stories shared at the inaugural 2023 KM&I for Legal Conference, we were compelled to establish this prestigious award to recognize and celebrate the visionary contributions shaping the future of knowledge management and innovation in the legal profession. The KM&I LexPrize Innovation Award honors genuinely impactful innovation in the KM&I community —
LegalTechnology: The KM&I LexPrize™ Innovation Award Read More »
Online legal tech startup Lawhive has secured investments of £9.5m ($11.9 million) from Google Ventures and Episode 1 Ventures. Orrick advised Lawhive. THE COMPANY Based in the UK, Lawhive offers an AI-based “lawyer” through an online platform targeted at small law firms and lawyers who practice solo. The company was founded by a team passionate
Online Legal Startup Lawhive Secures £9.5 Million in Funding Read More »
We Ask How Meta AI Can Help Law Firms Meta AI has truly arrive and the new release has made waves in the artificial intelligence (AI) landscape with the introduction of its latest large language model, Llama-3, touted as the “most capable” and “top open source model” presently available. The ‘large language model’ (LLM) used
Lawyers specializing in business law navigate intricate regulations and diverse client demands in a constantly evolving environment. In this dynamic environment, the ability to effectively manage client expectations is paramount to ensuring satisfaction and success. However, with the increasing demands placed on legal professionals, finding efficient and reliable methods to navigate these expectations has become
Navigating Legal Client Expectations: How Business Law Software Simplifies the Process Read More »
