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In Major Legal Tech Deal, vLex and Fastcase Merge, Creating A Global Legal Research Company, Backed By Oakley Capital and Bain Capital

Above the Law - Technology

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.

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Litera to Acquire Legal AI Pioneer Kira Systems, Enhancing its Transaction Management Offering

LawSites

As part of the acquisition, Insight Partners, an investor in Kira since August 2018, will further its investment, becoming a minority investor in Litera. His Kira cofounder Hudek will be a strategic advisor and board director to the new company. Zuva will launch and announce its first product in September 2021.

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vLex and Fastcase Merge to Form World’s Largest Global Law Library (Everything, Everywhere, All at Once)

Dewey B Strategic

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.

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On LawNext Podcast: Can the AI of GPT-3.5 Pass the Bar Exam? We Find Out

LawSites

Katz is professor of law at Chicago-Kent College of Law and academic director of both The Law Lab at Illinois Tech, Chicago-Kent College of Law and the Bucerius Center for Legal Technology & Data Science in Hamburg, Germany.

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vLex (Fastcase) Unveils Beta Version Of Its Global, Multi-Language Generative AI Legal Research Tool

LawSites

. “The combined library is the crown jewel of LLMs and the ultimate training data set for legal AI.”

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vLex and Fastcase Merge to Form World’s Largest Global Law Library (Everything, Everywhere, All at Once)

Legal Tech Monitor

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.

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Ep 245: All About KL3M, The First LLM Built From Scratch for Legal, with 273 Ventures’ Jillian Bommarito

LawNext podcast

All three, along with Katz’s wife Jessica Katz , had formerly founded the legal AI and consulting company LexPredict, which was acquired in 2018 by the global law company Elevate.