This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Unique Global Breadth vLex has been unique among legalresearch services for its breadth of international coverage. Its platform includes Vincent, an AI-powered legalresearch assistant that analyzes legal documents that users upload and finds relevant search results. It works in both English and Spanish.
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.
Why Legal Professionals Choose Justia Webinars Timely, Relevant Topics: From ChatGPT and legalresearch to ethical considerations in AI-assisted lawyering, our sessions are designed to meet the momentand help you make informed decisions today. Don’t let the future catch you off guard. Start Learning Now
” He distinguished Bench IQ from legalanalytics companies such as Lex Machina or Pre/Dicta. ” Lawyers tend to use traditional legalanalytics 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.
It can also help with legalresearch, finding relevant case laws or statutes quickly without endless hours of manual searching. This adaptability makes machine learning a key part of legal AI as it helps professionals make informed decisions faster while reducing the chance of oversight.
TLDR: The Global State of LegalTech. The state of legaltech and its adoption across the globe reflects a profound shift in the legal industry, driven by the intersection of law and technology. Across Europe, legaltech adoption varies by country but is steadily gaining traction.
Often, when I hear people rattle off the names of the leading legal technology conferences in the United States, this one is not even on their radar. Both in its programs and its exhibit hall, the AALL conference is one of the top conferences for anyone interested in legaltech. That is a huge mistake. Consider the agenda.
Over the years, the list has included a diverse selection of lawyers, legal technologists, policymakers, judges, law librarians, bar association executives, and people from all walks of life who are innovating in the legal profession. (I This year’s list of honorees reflects a year of transformation for legal services.
As a small or solo firm, you could be using AI for things such as legalresearch, document review, e-discovery, and predictive analytics. After all, AI isn’t just used to generate content or images, it can be used for your business too!
Voting has now closed and your votes have been tallied to pick the 15 legaltech startups that will get to participate as finalists in the ninth-annual Startup Alley at ABA TECHSHOW 2025 , taking place April 2-5 in Chicago. Using Large Language Models and Geometric Machine Learning, our platform forecasts litigation outcomes at scale.
The Rise of AI in Patent Law AI-powered platforms, such as Patlytics, have revolutionized patent analytics by automating tasks that traditionally required countless hours of legal work. The platforms AI engine automates patent analytics, generating detailed claim charts for validity, infringement, and portfolio management.
Justis and Greg also discussed how AI may impact legal jobs, creating demand for new skills and roles but aiming to augment human work rather than replace it. Finally, Justis suggested innovations law firms could build with AI like research and drafting tools, analytics, dispute resolution systems, and project management.
Old school tools such as legalresearch software and document management systems are designed to automate routine tasks, enabling attorneys to focus on strategic thinking and client engagement. Predictive Analytics for Case Strategy and Trial Outcomes Predictive analytics represents a game-changer in litigation strategy.
Unique Global Breadth vLex has been unique among legalresearch services for its breadth of international coverage. Its platform includes Vincent, an AI-powered legalresearch assistant that analyzes legal documents that users upload and finds relevant search results. It works in both English and Spanish.
Despite their benefits, many legal organizations have been hesitant to implement AI tools. In the ABA 2020 LegalTech 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. AI Hesitation. Such fears often stem from a lack of education.
Help pick the 15 legaltech startups that will get to compete at the eighth-annual Startup Alley at ABA TECHSHOW 2024. 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.
In this episode of “The Geek in Review,” hosts Greg Lambert and Marlene Gebauer celebrate the one-year anniversary of CoCounsel , the pioneering Generative AI LegalResearch Tool launched by CaseText. Greg Lambert 0:16 And I’m Greg Lambert.
The use of tech in law firms has increased from advances in AI-powered solutions to the proliferation of practice-specific tools like contract lifecycle management tools or practice management software to operational tools like CRMs and billing software. What is the LegalTech Industry? Is LegalTech a Growing Industry?
E-discovery solutions , a significant part of legaltech, were estimated to be a multi-billion-dollar industry. This transformation is encapsulated by the burgeoning field known as “legaltech,” a fusion of legal expertise and cutting-edge technology.
The ballots are closed and the votes are counted: Your votes have determined the 15 legaltech startups that will get to participate as finalists in the seventh-annual Startup Alley at ABA TECHSHOW 2023 , taking place March 1-4 in Chicago. Learn more about this company at the LawNext LegalTech Directory.
The American Arbitration Association (AAA ® ), the global leader in arbitration and mediation services and data analytics, announced that Steve Errick will join their international division, the International Centre for Dispute Resolution ® (ICDR ® ), as Senior Vice President and Chief Development Officer.
The American Arbitration Association (AAA ® ), the global leader in arbitration and mediation services and data analytics, announced that Steve Errick will join their international division, the International Centre for Dispute Resolution ® (ICDR ® ), as Senior Vice President and Chief Development Officer.
“Bringing these two highly successful businesses together will help democratize the law for legal professionals worldwide through a dynamic and robust platform that improves legalresearch accuracy, efficiency, and affordability.” I noted that “Vincent is the ONLY “legal assistant” that works in multiple languages.
Trellis’ new state court analytics tools provide much needed insights into litigators and their law firms which will lead to better strategic decisions. Trellis is a state court legalresearch and analytics platform. I have written before about Trellis’ laser focus on state court analytics.
“ The legal profession has been a late adopter of technology, but lawyers are gaining more of an appetite for artificial intelligence tools in recent years, ” said vLex CEO Lluís Faus. in partnership with state bar associations and include legal materials from more than 100 countries around the world. million subscribers out of 1.3
He distinguished Bench IQ from legalanalytics companies such as Lex Machina or Pre/Dicta. Lawyers tend to use traditional legalanalytics 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.
Analytics Market Shaking out. Generative AI although legal publishers have been embedding and utilizing AI in their products for decades, the emergence of large language models (LLMs) has captured the market in a rather feverish way. There is a bit of a shake-out in the analytics market in 2023 as you will see from the numbers below.
Trellis’ new state court analytics tools provide much needed insights into litigators and their law firms which will lead to better strategic decisions. Trellis is a state court legalresearch and analytics platform. I have written before about Trellis’ laser focus on state court analytics.
When the legalresearch companies vLex and Fastcase announced their merger in April , they promised the deal would fuel new opportunities for the development of generative AI for legalresearch. The combined library is the crown jewel of LLMs and the ultimate training data set for legal AI.”
Legalresearch tools Legalresearch tools can help newer lawyers research faster, and seasoned ones do even more with their time. Westlaw provides quick access to a vast collection of primary and secondary law resources, a citation checker, and the ability to automate background history research.
As we stand on the precipice of a digital revolution, it’s imperative to ask: How can we prepare future legal professionals for success in a technology-driven legal landscape alongside legal expertise? Competition among Law Firms: The legal market is experiencing heightened competition.
Michael Sander , the founder of Docket Alarm , a product that mines federal and state court dockets to provide litigation alerts and case analytics, has left the company, seven months after its acquisition by legalresearch company vLex in April. “Thousands of attorneys use it every day.
Users host meetings, mediations, and depositions that mimics real-life litigation scenarios and provides a level of security befitting legal proceedings. Learn more about this company at the LawNext LegalTech Directory. Learn more about this company at the LawNext LegalTech Directory.
The conversion of legalresearch from print to online moved though law firms like slow rolling train. Lexis, the first commercial online legalresearch product launched in 1970. Analytics in legalresearch provided dramatic new insights into the behavior of judges, courts, attorneys and clients.
LexisNexis ® Legal & Professional , calling itself a leading global provider of information and analytics, announced the launch of the Canadian and UK commercial preview of Lexis+ AI , a generative AI solution designed to transform legal work. This empowers lawyers to conduct research effectively and efficiently.
This blog examines AI’s impact on the legal field, empowering legal teams to lead. It also underscores the role of legaltech. The Need for Speed and Precision The legal realm deals with complex documentation and research demands. Traditional methods lack speed and precision.
On this episode of The Geek in Review, hosts Marlene Gebauer and Greg Lambert delve into how AI can transform legal writing with ClearBrief founder and CEO Jacqueline Schafer. As a former litigator, Schafer experienced firsthand the frustrating scramble to finalize briefs and prepare filings.
Thomson Reuters announced that it had entered into an agreement to acquire Casetext, a legalresearch software company, for the notable price of $650 million. For the past decade, Casetext has provided a legalresearch platform grounded in AI technology.
The integration is between Docket Alarm , a Fastcase -owned product that mines federal and state court dockets to provide litigation alerts and case-prediction analytics, and Courtroom Insight , a knowledge management platform that captures key information about expert witnesses, arbitrators, judges and attorneys. ”
Legal technology tools, such as document management systems and contract lifecycle management software, enable the automation of these routine tasks. By automating processes like document drafting, contract review, and legalresearch. These unique points demonstrate the wide-ranging impact of technology in the legal industry.
Using legal data for strategic law firm planning is no longer reserved for BigLaw. But what’s even more important for law firms is to see this happening in real-time.
Michael Sander , the founder of Docket Alarm , a product that mines federal and state court dockets to provide litigation alerts and case analytics, has left the company, seven months after its acquisition by legalresearch company vLex in April. I’ve know a lot of legaltech entrepreneurs and he’s as good as any of them.”
the Legaltech Week panel of legaltech journalists and bloggers convenes live to unpack the week’s top stories in tech and innovation. Here are the stories we plan to discuss today (but others can always come up): Litigation analytics company Gavelytics shuts down. Every Friday at 3 E.T.,
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content