Legal AI - - Page 8

Clio’s Record-Breaking Funding Signals Rapid Growth in Legal Tech

Law Firm Technology / July 25, 2024

A Big Tick For Clio and Legal Tech Tom Borman, LawFuel legaltech contributor In a landmark move for the legal technology sector, Clio, one of legal tech’s leading providers of cloud-based legal practice management software, has secured a staggering $900 million in Series F funding. This investment propels the company’s valuation to $3 billion, nearly […]

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CrowdStrike Chaos Emphasizes Need For Law Firm Cybersecurity Preparedness

Headlining, Law Firms, LegalTech / July 22, 2024

Tom Borman, LawFuel Tech Contributor The recent global IT outage caused by a security update from CrowdStrike has once again indicated the importance of cybersecurity measures for law firms that appeared to have been largely unaffected by the major outage. The outage, related to Microsoft software, disrupted operations at numerous law firms, affecting their ability

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Legal Technology Companies Relativity Announces OpenAI ChatGPT Integration

Law Technology, Press Releases / July 18, 2024

artificial intelligence, AI and the future of law

This integration allows for the seamless collection of conversational data from ChatGPT Enterprise CHICAGO– July 18 – Relativity, a global legal technology company, today announced it is integrating with OpenAI’s ChatGPT Enterprise Compliance API. The integration adds ChatGPT Enterprise as a Collect in RelativityOne data source, allowing users to seamlessly collect and process human-to-AI conversational data. With 92% of Fortune 500 companies already using

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Damaging Effects of Data Breach, How to Recover and Prevent it from Happening Again

Frequently Asked Questions, Law Firm Technology, Press Releases / July 9, 2024

A data breach is a nightmare. Compromised data means financial loss, reputation damage and legal repercussions. You need to know the immediate impact and how to respond. Recovering from a breach requires a plan of action. Find the breach, contain the damage and notify the affected. Improve your cybersecurity to prevent future breaches. Prevention includes

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Legal AI Careers Prospects and Opportunities: Navigating the Future of Law

Featured, Law Firm Technology, Law Technology / June 24, 2024

With the rise of artificial intelligence, the legal profession is undergoing a significant transformation and with it has come some new legal career opportunities for lawyers with an interest in artificial intelligence and its multiple applications. The advances with generative AI tools open new career opportunities for lawyers, from legal tech consultants to junior lawyers

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What Technology Should Estate Planning Attorneys Leverage?

Frequently Asked Questions, Law Firm Technology, Press Releases / June 18, 2024

Estate planning is a critical aspect of legal practice that involves meticulous preparation, comprehensive documentation, and ongoing client communication. With the advent of technology, estate planning attorneys have numerous tools at their disposal that can streamline their workflows. This article explores the essential technologies estate planning attorneys should leverage to stay competitive and deliver superior

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Can Gen AI Really Cut Lawyers’ Time in Half?

Featured, Law Firm Technology, Law Firms / June 14, 2024

The GenAI Law Firm Survey A major UK law firm’s survey of generative AI tools has shown that gen AI cut their lawyers’ work drafting briefs in half. Ashursts used in-depth trials of several AI tools and saw substantial time-saving benefits in legal work. The benefits were particularly significant in creating first drafts quickly and

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Transitioning to a Paperless Law Office to Increase Efficiency

Law Technology, LegalTech, Press Releases / June 11, 2024

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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Law Firm AI – How Law Firms Are Embracing Generative AI to Stay Competitive

Headlining, Law Firm Technology, Power Law / June 6, 2024

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

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City Lawyer’s ‘Visual’ LawTech Startup Gets $6 Million

LegalTech, UK Law / June 3, 2024

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

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