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ABA TECHSHOW 2020 kicked off with its 4th annual Start-Up Pitch Competition on February 26th. Below is the complete catalog of our 12 episode podcast coverage from ABA TECHSHOW 2020 including a list of its 35 participants: Judy Perry Martinez. Forecast-Alytics: Understanding Litigation Analytics for Case Evaluation.
In 2020, Bluford published a book in which he claimed to have become an FBI informant assisting in a political corruption investigation into the former mayor of Sacramento, Calif., In December 2020, it announced that it was shutting down. After I wrote about that company, it too shut down. Gavelytics. million in funding.
Recently, the Cologne District Court ruled that a German mobile operator’s use of Google Analytics violated the GDPR’s requirements for international data transfers. Still, its position is essential to know and understand for any business operating in the European Union (“ EU “) that uses Google Analytics.
Today brings news that Gavelytics , a seven-year-old litigation analytics company, is closing its doors effective tomorrow. We invented the category of state court analytics. The hardest stories I have to report are the ones about legal tech startups that are forced to shut down.
In a major update to its platform being released today, Fastcase is beginning to deliver on that promise with the first of several planned Judicata-based product offerings — analytics showing how often federal motions are granted and how long different judges take to rule. The 200 tags are drawn from the recently released SALI Open LMSS 2.0
Marking its second acquisition this year, the cloud practice management company SurePoint Technologies has acquired Coyote Analytics , a company that provides practice management, financial management and business intelligence software for law firms. The future is analytical insight driving embedded prediction.”
” He distinguished Bench IQ from legal analytics companies such as Lex Machina or Pre/Dicta. ” Lawyers tend to use traditional legal analytics products at the front end of a litigation, to help their clients determine whether it is worth investing in going forward with the case, he said.
LexisNexis Legal & Professional ® , a leading global provider of information and analytics, today announced it has agreed to acquire Henchman, a legal tech company that enriches data from Document Management Systems (DMS) for faster document drafting. and European law firms and companies.
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.
A new product uses historical data, artificial intelligence and predictive analytics to value cases and predict outcomes in automobile warranty litigation, with the goal of helping manufacturers resolve Lemon Law and warranty claims more accurately, more quickly, and at lower cost. billion in just the U.S. founder and CEO. .
Actual image from Alpha Modus patents asserted against Walgreens The Case at a Glance Alpha Modus, a technology company specializing in retail analytics and consumer engagement , patented technology relating to the capture of customer data relating to age, gender, body movement, eye movement, behavior, etc.
COVID was not kind to law firm marketing and business development, with two-thirds of firms reporting that business development was more difficult in 2020, and the overwhelming majority of firms pivoting their marketing strategies, turning from live conferences and face-to-face meetings to social media, email alerts and Zoom.
In response, they are investing more in automation, advanced analytics and other technologies that will help them manage the workload. This trend toward the increasing technology in law is echoed by industry analysts. According to Gartner Inc.,
Jared Correia, host of Legal Toolkit , acknowledged in the December 22, 2020 episode. But, like the efficiencies revealed in the book and movie Moneyball , he encourages lawyers to be more analytical. “[You Anderson, host of Un-Billable Hour , has an analytical approach to helping his law firm clients evaluate their real costs.
In the ABA 2020 Legal Tech Survey , 23% of law firms reported not being interested in AI, while 34% said they didn’t know enough about AI to speak to their firms’ interest. That doesn’t mean, however, that law firms and litigation support teams have been quick to embrace them. AI Hesitation.
Evisort uses machine learning and natural language processing to power its core product, which it calls its Contract Intelligence Platform, and which integrates a contract repository, contract lifecycle management, and contract analytics. Read more about Onit on the LawNext Legal Tech Directory.
The release of this product follows Onit’s acquisition in November 2020 of McCarthyFinch, provider of a suite of AI-driven contract management software, followed a month later by its acquisition of AXDRAFT , developer of contract automation software. “It’s tedious, time-consuming and an area perfectly suited for AI transformation.”
A new product uses historical data, artificial intelligence and predictive analytics to value cases and predict outcomes in automobile warranty litigation, with the goal of helping manufacturers resolve Lemon Law and warranty claims more accurately, more quickly, and at lower cost. billion in just the U.S. founder and CEO. .
It is an enhancement to Evisort’s end-to-end Contract Intelligence Platform, which combines contract analytics, contract lifecycle management, and a central repository. Dashboard view showing analytics on unique documents, including by type, status, and language. Visualizing Contract Data.
LinkSquares’ core product, Analyze, provides post-signature contract analytics and a searchable contract repository, allowing companies to leverage AI to extract contract data to reduce risk, boost revenue and improve their businesses.
253 with 1,800% revenue growth from 2017-2020. Ranked a Leader in G2’s Relationship Indexes for Contract Management, Contract Lifecycle Management Software, and Contract Analytics. Also within the past year, LinkSquares: Debuted on the Inc. 5000 at No. Last July, LinkSquares raised $40 million in a Series B funding round.
This is a live blog post of Microsoft’s Trusted Advisor Forum on Innovation webinar on 17 June 2020. Microsoft had planned for a live, onsite, in-person event on 4 March 2020. Create the conditions for innovation, based on research and analytic process. That has to be paired with rigorous business analytics. Empower them.
In November 2020, Onit acquired McCarthyFinch , provider of a suite of AI-driven contract management software, then, a month later, it acquired AXDRAFT , developer of contract automation software. “Now Onit is continuing this mission in CLM, offering a contract management solution for every company.”
at which the aforementioned Arredondo spoke, together with panelists Damien Riehl , vice president, litigation workflow and analytics, at Fastcase; Scott Reents , lead attorney, data analytics and e-discovery, Cravath, Swaine & Moore; and Samantha Seaton , knowledge management counsel, Fisher Phillips. Perform analytics on data.
She founded ClearBrief in 2020 to leverage AI to analyze documents and suggest relevant evidence and citations to streamline drafting. Greg Lambert 2:00 Yeah, since founding ClearBrief, and 2020, the company has quickly become an industry leader winning accolades like the 2023, litigation technology Product of the Year.
When UniCourt was founded in 2017 to provide access to court data and analytics, APIs were an afterthought, cofounder Josh Blandi now says. Thus, in 2020, UniCourt went back to the drawing board, devoting more than 100 engineers and nearly three years of effort to rebuilding the APIs from the ground up. Cofounder and CEO Josh Blandi.
How we’re unique: While other products are descriptive in nature, we are building the first truly prescriptive set of legal analytics products. We can help lawyers make evidence-based decisions by providing custom-tailored recommendations and analytics, all focused on judges and their philosophies of the law. Founded: 2/20/2020.
The programs were informative and compelling and the numbers of both attendees and exhibitors exceeded the pre-Pandemic numbers of TECHSHOW 2020. The atmosphere was highly energized, the audience was highly enthusiastic, and the overall focus skillfully maintained that balance between practical and cutting edge.
Law firms that embrace technology and data analytics are more likely to succeed in a competitive legal landscape. Upper Sigma was founded in 2020 by Emile Van Den Berg and Kyle Alexander , both of whom had previously worked for the South Africa-based Salesforce tech consultancy CloudSmiths.
Zach Posner cofounded The Legaltech Fund in 2020 as the first venture capital firm laser-focused on law and legal technology. But even with that industry focus, he takes a broad view when it comes to what he considers legal tech, looking for startups that have “legal in the middle,” but that may also span fintech, govtech, or consumer tech.
Elevate is “an award-winning brain training tool designed to build communication and analytical skills.” Here are two eye-opening stats from Orbit Media’s survey from 2020 that jumped out at me: Hours: The average blog post takes 3 hours and 55 minutes to write. At $40 per year, Elevate is a bargain. For Lawyers and Marketers: CTA .
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 legal AI.”
According to the American Bar Association (ABA) , there were approximately 34,633 law school graduates in the United States in 2020. To be a successful lawyer, one must exhibit impressive skills, from analytical and critical thinking to communication and negotiation skills.
OpenText eDiscovery solutions have a long history of incorporating artificial intelligence (AI) and advanced analytics to dramatically improve review efficiency and lower costs while ensuring defensibility of process. Axcelerate drives down the cost of eDiscovery through analytics and automation. Axcelerate CE 21.2 Axcelerate CE 21.2
A great example of how firms can use short-term trends to shore up their practices and prepare for downturns comes from the dramatic decline in bankruptcy cases filed in 2020. Short-Term Trends.
Demo video: [link] Founded: 10/28/2020, Vancouver, BC, Canada Target customer: Solos, small and medium size firms. We exploited how essential story elements fit into any investigation or discovery process and made highly complex analytics fit naturally with the way legal professionals want to find answers in ESI. Demo video: [link].
Two years ago, Epiq launched its Legal Transformation Services group, which provides legal business advisory services, flexible legal talent, legal spend analysis, contract review and analytics services, and which Epiq says has seen significant growth since its launch. This acquisition builds on those developments, Epiq says.
If queried, most law firms would point to March of 2020 as the point in time that everything changed. APX keeps track of payment history, and offers a graphical dashboard that shows useful payment analytics. APX can also handle bulk payments.
But lawyers will need to learn new skills: business, analytics, tech, and a range of soft skills. Lawyers and law will increasingly overlap with other disciplines such as engineering, science, and analytics. Young lawyers may be 2020 in their private lives but like, at work, to do things as they have always been done. [RF
When UniCourt was founded in 2017 to provide access to court data and analytics, APIs were an afterthought, cofounder Josh Blandi now says. Thus, in 2020, UniCourt went back to the drawing board, devoting more than 100 engineers and nearly three years of effort to rebuilding the APIs from the ground up.
Wagner was the cofounder first of DiscoverReady and then of Apogee Legal, an enterprise contract analytics platform. In 2020, Seal was acquired by DocuSign, where Wagner became vice president of agreement cloud strategy. In 2018, Seal Software acquired Apogee, after which Wagner became president of Seal.
I reviewed vTestify’s platform in May 2020, noting that unlike Zoom and other generic conferencing software, vTestify was specifically built for legal applications and “offers the features, functionality and security that lawyers and court reporters would want in a deposition platform.”
Law firms that embrace technology and data analytics are more likely to succeed in a competitive legal landscape. “We Upper Sigma was founded in 2020 by Emile Van Den Berg and Kyle Alexander , both of whom had previously worked for the South Africa-based Salesforce tech consultancy CloudSmiths.
What happened: CNIL has reminded businesses to audit their use of cookies and tracking technologies, ahead of the regulator’s October 2020 guidance coming into force at the end of March. What happened: As covered in our 2020 Annual Review , DPAs have sometimes had a difficult time making big fines stick.
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