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While the last few years have brought an abundance of new and innovative legaltech products to market, the fact of the matter is that not every new product will succeed. Let’s revisit five of the most momentous legaltech fails of the last 10 years. In 2016, legaltech entrepreneur Derek Bluford was riding high.
Aah legaltech. Today I am introducing LegalTech Look-Back , a recurring series of posts that will turn back the calendar on legaltech news. What was the news in legaltech five or 10 or 15 years ago this week? How far we’ve come. How far we haven’t. Well, curiosity for one.
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.
Among the most enduring yet dramatic success stories in legaltech is that of iManage , the document and email management company. ” Learn more about iManage on the LawNext LegalTechnology Directory. billion of the $11.1 billion purchase price and years of litigation that continues even now. billion of the $11.1
As I survey the legal profession broadly, and the world of legaltech and innovation specifically, I see uncertainty and inertia. It is as if we are serving time in a legaltech limbo. After all, it was a good year for the legaltech industry. Overall, the legaltech industry saw unprecedented growth.
Aah legaltech. Today I am introducing LegalTech Look-Back , a recurring series of posts that will turn back the calendar on legaltech news. What was the news in legaltech five or 10 or 15 years ago this week? How far we’ve come. How far we haven’t. Well, curiosity for one.
This was the International LegalTechnology Association’s return to a live event, and I had fully intended to be there in the flesh. Neither ranking includes two static pages that are consistently in the top 15, my list of legaltech startups and my tally of the states that have adopted the duty of technology competence.
Two litigation-focused Canadian legaltechnology companies, CiteRight and Jurisage , have merged, combining CiteRight’s litigation drafting program with Jurisage’s AI technology to create an integrated legal research and drafting solution.
Both former practicing attorneys, Danielle and Jeff bring a wealth of legaltech knowledge and industry insights that will benefit the Lawyerist community. “We But after graduating from law school in 2011, she ended up at the small two-person family law firm where she had clerked. It is a really good matchup,” he said.
As I survey the legal profession broadly, and the world of legaltech and innovation specifically, I see uncertainty and inertia. It is as if we are serving time in a legaltech limbo. After all, it was a good year for the legaltech industry. Overall, the legaltech industry saw unprecedented growth.
Two litigation-focused Canadian legaltechnology companies, CiteRight and Jurisage , have merged, combining CiteRight’s litigation drafting program with Jurisage’s AI technology to create an integrated legal research and drafting solution.
It did grow if you look at the number of legal professionals, earning power, or seed or series funding of legaltech companies. This last metric isn't just legaltech but all tech companies, so perhaps doesn't count. Legalcomplex was my notebook chronicling the history of legaltechnology, starting in 2011.
This was the International LegalTechnology Association’s return to a live event, and I had fully intended to be there in the flesh. Neither ranking includes two static pages that are consistently in the top 15, my list of legaltech startups and my tally of the states that have adopted the duty of technology competence.
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 legaltech industry who helped them write it.
Among the most enduring yet dramatic success stories in legaltech is that of iManage , the document and email management company. Learn more about iManage on the LawNext LegalTechnology Directory. billion of the $11.1 billion purchase price and years of litigation that continues even now. 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.
Learn more about iManage on the LawNext LegalTechnology Directory. iManage says its customers span over 4,000 legal, accounting, and financial services organizations in more than 65 countries. In 2009, Autonomy acquired Interwoven for $775 million, and then in 2011 Hewlett Packard purchased Autonomy for $11.1
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.
Created in 2011, the Fastcase 50 highlights the contributions of “the top 50 most courageous innovators, techies, visionaries, and leaders in the legal industry.” The annual list is compiled by vLex, a global legal intelligence platform. Palmer has been named to the 2023 Fastcase 50.
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 ). Thomson Reuters Unveils Next Generation of Westlaw, Aiming to Make Legal Research Results More Precise.
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. The combined company will also have the world’s largest law firm subscriber base and resources containing more than one billion legal documents from more than 100 countries.
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. Project management tools can help, and we’re the first legaltech solution providing comprehensive project management integrated into the Inbox.
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. The combined company will also have the world’s largest law firm subscriber base and resources containing more than one billion legal documents from more than 100 countries.
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