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Founded in 1995, its collaborative approach to content management made it popular among among lawfirms virtually out of the gate, and it was acquired eight years later for $171 million by Interwoven. ” Learn more about iManage on the LawNext LegalTechnology Directory. . billion of the $11.1
Since 2011, Fastcase has released an annual list of the Fastcase 50, honoring 50 of the law’s “smartest, most courageous, innovators, techies, visionaries, and leaders.” I was honored to be in the inaugural Fastcase 50 class in 2011. This year’s list of honorees reflects a year of transformation for legal services.
Let’s revisit five of the most momentous legal tech fails of the last 10 years. It launched in 2017 to great fanfare, promising to “revolutionize legal services” through its dual-entity model of both a lawfirm and a technology company. He is also cofounder of the LawNext LegalTechnology Directory.
The Chicago-based legaltechnology company Litera has acquired Objective Manager , a UK company that provides a SaaS platform for lawfirms to use in strategic planning, performance measurement and talent engagement. Litera has had a run of acquisitions over the past two years.
The legaltechnology company Litera has named Ashley Miller as vice president sales, North America. Miller was formerly at EY, where she was senior manager, legal function consulting. Earlier, she was with Thomson Reuters, where she served as director, legal managed services, and regional manager, strategic accounts.
Today vLex and Fastcase , two of the fastest-growing legaltechnology companies, announced that they are merging to form the world’s largest digital law library. I started writing about Fastcase in 2011. Fastcase has twice been named New Product of the Year by the American Association of Law Libraries.
Kira Systems , a 10-year-old Toronto company that pioneered the use of artificial intelligence in contract analysis, is to be acquired by the global legaltechnology company Litera , its 12th acquisition over the span of two years. It is used by the majority of the Am Law 100 firms, and virtually all of the largest U.K.
This 2011 New York Times headline boldly claimed that expensive lawyers could be replaced by cheaper software. Recent studies suggest that nearly 44% of legal work could be automated, yet the demand for human expertise remains strong. In this section, Gyi and Matt discuss why integrations should be table-stakes for legaltechnologies.
In the realms of legaltechnology and innovation, the pandemic had yielded silver linings – greater adoption of technology, more flexible workplaces, hybrid courts – that promised a future in which the legal profession and justice system would better serve those who need them. Legal tech went public.
In that time, Lawyerist has continued its mission to help solo and small lawfirm owners build healthier businesses. But after graduating from law school in 2011, she ended up at the small two-person family lawfirm where she had clerked. Now, the small team has increased by two. It’s really exciting.”
When CEO Noah Waisberg , a former lawyer, and CTO Dr. Alexander Hudek , a computer scientist, launched Kira in 2011, they thought it would be easy to develop machine-learning software to review contracts. They also discuss their new book, the topics it covers, and the “friends” from the legal tech industry who helped them write it.
Founded in 1995, its collaborative approach to content management made it popular among among lawfirms virtually out of the gate, and it was acquired eight years later for $171 million by Interwoven. Learn more about iManage on the LawNext LegalTechnology Directory. billion of the $11.1
Today vLex and Fastcase , two of the fastest-growing legaltechnology companies, announced that they are merging to form the world’s largest digital law library. I started writing about Fastcase in 2011. Fastcase has twice been named New Product of the Year by the American Association of Law Libraries.
Everlaw is an e-discovery company that has attracted the interest of some big-name Silicon Valley venture capital firms, raising nearly $35 million in the last three years. While working towards his doctorate, Shankar spent time as a technical expert at a national plaintiffs class-action lawfirm.
Since 2011, Fastcase has released an annual list of the Fastcase 50, honoring 50 of the law’s “smartest, most courageous, innovators, techies, visionaries, and leaders.” I was honored to be in the inaugural Fastcase 50 class in 2011. This year’s list of honorees reflects a year of transformation for legal services.
Compared to SEO, social media, or other types of advertising, buying leads is probably one of the fastest and easiest ways to get more clients for your firm. After all, attracting qualified leads for your lawfirm can be time-consuming. You can do this for free.
In the realms of legaltechnology and innovation, the pandemic had yielded silver linings – greater adoption of technology, more flexible workplaces, hybrid courts – that promised a future in which the legal profession and justice system would better serve those who need them. Legal tech went public.
Readers have been voting to select the 15 legaltechnology startups that will get to participate in the sixth-annual Startup Alley at ABA TECHSHOW 2022 , taking place March 2-5, 2022. The first and most awarded ODR platform – used by courts, corporations, lawfirms and more. After nearly 32,000 votes, the results are in.
Benjamin Alarie and Abdi Aidid are legal experts who are heavily involved in the development of legaltechnology. They are releasing a new book, The Legal Singularity: How Artificial Intelligence Can Make Law Radically Better later this year. And, and as an academic, my focus is tax law.
Benjamin Alarie and Abdi Aidid are legal experts who are heavily involved in the development of legaltechnology. They are releasing a new book, The Legal Singularity: How Artificial Intelligence Can Make Law Radically Better later this year. And, and as an academic, my focus is tax law.
For somewhat of a time capsule of the past decade in legaltechnology, see my prior years’ lists of my most-popular posts: 2021 , 2020 , 2019 , 2018 , 2017 , 2016 , 2015 , 2014 , 2013 , 2012 , 2011 , 2010 ). A Former Legal Tech Founder Is At the Center of the Musk Affair Allegations.
Venture investor Mike Suchsland , a veteran of the legaltechnology industry and the former president of Thomson Reuters’ legal business, had been serving as interim CEO since October after the departure of Tom Obermaier, who had been CEO since 2018. Learn more about SurePoint at the LawNext LegalTechnology Directory.
Venture investor Mike Suchsland , a veteran of the legaltechnology industry and the former president of Thomson Reuters’ legal business, had been serving as interim CEO since October after the departure of Tom Obermaier, who had been CEO since 2018. Learn more about SurePoint at the LawNext LegalTechnology Directory.
This was the International LegalTechnology Association’s return to a live event, and I had fully intended to be there in the flesh. Price Wars in Legal Research Mean Deals for Small Firms; I Compare Costs (May 23, 2019). The 20 Most Important LegalTechnology Developments of 2018 (Dec.
This was the International LegalTechnology Association’s return to a live event, and I had fully intended to be there in the flesh. Price Wars in Legal Research Mean Deals for Small Firms; I Compare Costs (May 23, 2019). The 20 Most Important LegalTechnology Developments of 2018 (Dec.
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