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Originally a legal research company, Fastcase has diversified in recent years, launching its Full Court Press publishing arm and acquiring Docket Alarm and Law Street Media in 2018, NextChapter in 2019, and the technology and team of Judicata in 2020. Neither company is new to AI, he pointed out.
Oakley Capital and Bain Capital Credit are investing in the combined business to expand its global reach and accelerate the Fastcase/vLex legal artificial intelligence (AI) lab, which develops AI tools that streamline research, tracking, writing, and filing documents for the legal industry.
“This is the biggest legal data corpus ever assembled, including highly valuable structured data with industry-standard tags and analytics,” Fastcase cofounder Ed Walters said at the time. “The combined library is the crown jewel of LLMs and the ultimate training data set for legalAI.”
Oakley Capital and Bain Capital Credit are investing in the combined business to expand its global reach and accelerate the Fastcase/vLex legal artificial intelligence (AI) lab, which develops AI tools that streamline research, tracking, writing, and filing documents for the legal industry.
It also improves access to justice for society as lawyers can handle more cases, as well as remove some bias from the legal system through fact-first drafting. Casetext, Spellbook, EvenUp, DoNotPay.com, Harvey.ai, Filevine, ailawyer.pro, Lexis, Westlaw, amto.ai, Better Legal, Paxton LegalAI. Who are your competitors?
Originally a legal research company, Fastcase has diversified in recent years, launching its Full Court Press publishing arm and acquiring Docket Alarm and Law Street Media in 2018, NextChapter in 2019, and the technology and team of Judicata in 2020. Neither company is new to AI, he pointed out.
“This is the biggest legal data corpus ever assembled, including highly valuable structured data with industry-standard tags and analytics,” Fastcase cofounder Ed Walters said at the time. The combined library is the crown jewel of LLMs and the ultimate training data set for legalAI.”
It also improves access to justice for society as lawyers can handle more cases, as well as remove some bias from the legal system through fact-first drafting. Casetext, Spellbook, EvenUp, DoNotPay.com, Harvey.ai, Filevine, ailawyer.pro, Lexis, Westlaw, amto.ai, Better Legal, Paxton LegalAI. Who are your competitors?
But this year, they seem to span the gamut of topics I cover, from analytics to artificial intelligence, from legal ethics to legal research, from new companies starting up to established companies shutting down, from products designed for litigation to products embroiled in litigation.
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