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The AI-Powered Lawyer: How Legal AI Is Helping Lawyers Deliver Better Results

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Norma Harris, LegalTech contributing writer AI is transforming the way lawyers operate and those embracing the legaltech developments are outperforming competitors who cling to traditional methods. Generative AI is being used increasingly by law firms to streamline tasks such as case screening, demand letter drafting, discovery and document creation, as well as helping with case […]

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US LegalTech Litera Buys UK AI Document Tool Company

Sam Smolkins

Chicago-based Litera has bought UK legal document platform Office & Dragons, which provides drafting and editing software using generative AI to streamline drafting work, to boost its document drafting offering. Office & Dragons say users report time savings of 85-97 percent for mass editing and document generation work. Samuel Smolkin, Founder and CEO of Office

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Top Features to Look for in Contract Management Software

Contractmanagement

Managing contracts necessitates using software solutions for businesses to streamline operations effectively and reduce potential risks involved in the process. A thorough exploration of functionalities offered by these platforms can make a difference in how smoothly an organization operates. Grasping the elements to look for in contract management software can result in enhanced efficiency and

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LegalTech Company BigHand Wins Big

What is LegalTech?

LegalTech company BigHand has recently won two major awards for its financial productivity solutions. The company’s Business Intelligence product was named ‘Overall Legal Analytics Solution of the Year’ at the LegalTech Breakthrough Awards, while BigHand Matter Pricing won ‘Product of the Year’ at the BIG Awards for Business. BigHand plays a key role in helping

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Morrison Foerster and Mergermarket Release 2024 Tech M&A Survey

Brandon Parris Lawfuel

2024 Tech M&A Survey Morrison Foerster is pleased to share with our clients and friends the results of our 2024 Tech M&A Survey, published in conjunction with Mergermarket. Mergermarket surveyed 300 dealmakers from around the world in order to gain valuable insights into the future of technology-related M&A. According to the findings: The report is released against the

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The Dramatic Impact of Generative AI for Corporate Law Departments

Generalcounsel

The Association of Corporate Counsel (ACC) and Everlaw have released a comprehensive report demonstrating the transformative impact of generative AI on corporate law departments. The report, “GenAI and Future Corporate Legal Work: How Ready Are In-house Teams?” is based on responses from over 475 legal professionals in US-based corporate law departments, offers a detailed analysis

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Navigating Legal Landscapes: Innovative Approaches for Modern Law Firms

contract zen

Introduction The legal industry is known for tradition, but even the most established firms are recognizing the need to innovate. To stay competitive, modern law firms are turning to technology, not only to streamline their processes but to provide better service to their clients. From managing heavy caseloads to handling complex legal agreements, innovative tools

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Law Technology – Alexi Unveils New Era of AI Litigation Solutions with Expanded Features

artificial intelligence, AI and the future of law

Alexi reduces the time spent on routine litigation tasks by 80%, providing accurate answers to complex legal questions and generating detailed research memos, summaries, and documents instantly. Toronto, ON (October 22, 2024) – Alexi, the leading AI litigation platform, is excited to announce a significant product expansion, ushering in a new era of legal technology designed to

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 CLIO Report Shows Law Firm AI is Leading To an ‘Adapt or Get Left Behind’ Situation

Clio

CLIO AI Report Results Jacqui Coombe, LawFuel legal tech editor A new Clio report reveals that AI adoption among legal professionals has skyrocketed from just 19 percent in 2023 to 79 percent in 2024. This dramatic surge signals a fundamental reimagining of law firm operations and the very nature of legal work itself. The Clio

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