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OpenText™ is proud to be named a Leader and Outperformer in the latest GigaOm Radar Report for E-Discovery. GigaOm's evaluation serves as an invaluable resource for legal departments and law firms looking to navigate the eDiscovery landscape and select the right technology. And don’t just take our word for it.
If you are hungry to learn more about the latest trends and developments in legaltech, then keep the last week of January open on your calendar, as there are three separate legaltech conferences worthy of your time. 1 Legalweek is the OG of legaltech conferences. Legalweek, Jan. This year, it runs Jan.
Today the Special Interest Group (SIG) of the International LegalTechnology Association (ILTA) released its draft of a Best Practice guide for the use of Active Learning technologies in managing electronic discovery or disclosure in litigation and called on all sector professionals to provide feedback.
The CLOC Global Institute , the conference of legal operations professionals now underway now in Las Vegas, has become a leading venue for legaltechnology companies to announce product news — particularly when that news relates to products that serve corporate legal departments and legal ops.
In the blur of activity that was last week, I attended two legaltech conferences, plus an adjacent legaltechnology summit. After starting the week in New York at the glitzy celebration of big law tech that is Legalweek , and ending it in Charlotte, N.C., billion was invested in legaltech in 2023 and $2.2
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.
But among the events of that day, there was a relatively minor legaltech-related side-story, one that had implications that carry through to today. The team that made it consisted of Monica Bay and David Horrigan — two names familiar to many in the legaltech world. David Horrigan and I visited Monica Bay on Sept.
Among the things the two e-discovery companies Exterro and Zapproved have in common is that they were both founded in the same year, 2008, and in the same city, Portland, Ore. Zapproved focuses its market more narrowly on corporate legal departments and provides a platform for legal holds, data collection, and data review.
E-DiscoveryE-discovery focuses on finding and organizing digital information for legal cases. What Are The Benefits of Adopting AI-Powered LegalTech? Tasks like contract review, legal research, or analyzing case data that once took hoursor even dayscan now be completed in minutes.
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.
E-discovery company Everlaw today became one of the few legaltechnology companies to join the elite ranks of unicorn status — companies valued at over $1 billion — with the announcement of a $202 million Series D funding at a valuation of over $2 billion.
Last month, we announced the launch of the LawNext LegalTechnology Directory , which we hope will become the most trusted source of legaltech products in the market. ” Axsar Law , “an affordable Legal Practice Management software for Law Firms and Lawyers.”
Not surprisingly given the economy, a survey of inhouse legal professionals finds that companies are slowing down or freezing hiring, reducing outside counsel spending, and conducting layoffs. To help counter these cuts and reduce their workloads, legal departments are increasingly bullish on leveraging legaltechnology, the survey finds.
It has been a busy week in legaltech, including the 10th annual Clio Cloud Conference and the first-ever American LegalTechnology Awards gala. We’ll recap those stories and more with our usual Friday panel of legaltech journalists and bloggers today at 3 p.m. Joe Patrice , editor, Above the Law.
When Zach Posner was last on this podcast , it was 2021 and he was less than a year into having cofounded The LegalTech Fund , the first venture capital firm to be laser-focused on law and legaltechnology. His firm has also launched his own conference, the TLTF Summit , which will convene for the third straight year starting Dec.
This week on The Geek in Review, hosts Greg Lambert and Marlene Gebauer spoke with Katie DeBord and Kristin Zmrhal , two vice presidents from legaltech company DISCO. He took their leader on a visit to innovation hub The Ion to showcase reinventing old spaces for new purposes, like DISCO has done with legaltech.
I spent last week at ILTACON, the annual convention of the International LegalTechnology Association. ILTACON is an opportunity for legal technologists of all ilks – from users to developers to vendors to investors – to come together and learn, share and socialize. and the U.S., Some vendors are hearing this and responding.
The Seattle-based legaltech startup Clearbrief already uses artificial intelligence to strengthen your legal writing by finding the best evidence in the record to support your arguments (or debunk your opponent’s). From that document set, the user can select which documents to use to generate the timeline.
As an associate in the Litigation Practice Group and a member of the E-Discovery Advocacy and Management team at BakerHostetler, Prieto is making waves in the legaltech industry and her insights are not to be missed. Prieto’s passion for connecting the legal world with technology has since become her mission.
ELTEMATE will unify the firm’s legaltechnology offerings under one core global team to help provide clients with high end, digital solutions to address challenges in all areas of law. Moving forward, the ELTEMATE brand will house and develop LegalTech and AI solutions.
The cloud-based e-discovery company Nextpoint has received a growth capital investment from RF Investment Partners , a company that provides structured growth capital. The firm will provide discovery and litigation legal services to other law firms and to corporate legal departments.
This week marked the annual Legalweek show in New York, one of the world’s largest and most prominent legaltechnology conferences. Read more about Everlaw on the LawNext LegalTechnology Directory. Read about Storybuilder by Everlaw on the LawNext LegalTechnology Directory. Read more from Everlaw.
The LegalTechnology Resource Center ’s Women of LegalTech initiative is intended to encourage diversity and celebrate women in legaltechnology. Please give us three points to summarize you and your work in legaltechnology. How did you become involved in legaltech?
Just over a year ago, the e-discovery company CS DISCO became one of just a handful of legaltechnology companies ever to go public, listing on the New York Stock Exchange. . Related: On LawNext: DISCO CEO Kiwi Camara on His Company’s Public Offering and the State of LegalTech. million to $43.5
As legaltechnology has grown in popularity and prominence in recent years, great attention is being paid to investment activity. But the true history of investments in legaltechnology extends back some four decades and encompasses an array of products far more diverse than one might pick up from current coverage.
Scattered systems, the report says, raises the risk of overlooked tasks or missed deadlines, and can hurt productivity and increase tech burnout. What are the legaltech products firms are most likely to use? According to the survey, the most popular are: Legal research, 61%. E-discovery, 22%.
With emerging new technologies like artificial intelligence (AI) and machine learning, many people have started considering what legal software might mean for the legal profession’s future. Most lawyers recognize the productivity and efficiency gains brought about by legaltechnology.
In a world where innovation touches every facet of our lives, it’s no surprise that the legal industry, too, is experiencing a transformation. E-discovery solutions , a significant part of legaltech, were estimated to be a multi-billion-dollar industry.
E-discovery is a prime example of an area where legaltechnology/operations is seeing the challenges pesented by legal professionals’ level of familiarity with computing options, particularly those technologies that form the dynamic changes in how professionals communicate.
Document Competency: What Every Legal Professional Should Know for Effective & Efficient Drafting in Word , is intended to establish for legal professionals “a baseline understanding for the document-creation work valued in the legal ecosystem, define parameters for the work, and set expectations for quality, effort, and result.”.
Not only does Everlaw AI Assistant deliver speed in writing drafts, its AI insights are also tightly integrated throughout the Everlaw workflows – from document review to narrative building – so the results inform and improve the entire e-discovery process.
Whether it be e-discovery, legal research or software maintenance costs, this year saw an increase in prices almost across the board in the legaltechnology industry.
READ ARTICLE #3) Building Legal Workflow Automation (Where to Start?) Legal workflow automation is a good way for legal teams to get started with legaltech. Here are some ideas about how and where to start. This article has some great suggestions to get you started. Here are some items to consider including.
In the blur of activity that was last week, I attended two legaltech conferences, plus an adjacent legaltechnology summit. After starting the week in New York at the glitzy celebration of big law tech that is Legalweek , and ending it in Charlotte, N.C., billion was invested in legaltech in 2023 and $2.2
In a first for an e-discoverytechnology company, Chicago-based Nextpoint is launching an Arizona law firm June 1 under that state’s liberalized law practice rules that allow non-lawyers to own law practices. Learn more about Nextpoint at the LawNext LegalTechnology Directory. Its lawyers will not appear in court.
If you are hungry to learn more about the latest trends and developments in legaltech, then keep the last week of January open on your calendar, as there are three separate legaltech conferences worthy of your time. 1 Legalweek is the OG of legaltech conferences. Legalweek, Jan. This year, it runs Jan.
This week brought the annual Legalweek show to New York, one of the world’s largest and most prominent legaltechnology conferences. Traditionally a place where major legaltech companies announce new products and features, this year was no different, save for slew of GPT-related announcements. Here is part two.
“I know the legal industry tends to move slow; but this is glacial progress,” says Michael Quartararo , president of the Association of Certified E-Discovery Specialists (aka ACEDS). Michael Quartararo. “And it, too, is unacceptable.” I hope you’ll give it a read.
This week brought the annual Legalweek show to New York, one of the world’s largest and most prominent legaltechnology conferences. Traditionally a place where major legaltech companies announce new products and features, this year was no different, save for slew of GPT-related announcements. Here is part two.
With this blog article, I wanted to share with you three main considerations that I have matured during my legaltech journey and hopefully inspire comments and further sharing from the community. I am a huge fan of experimenting with these techniques in the discovery phase. Part 1: The Rise of the Generalists.
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.
ET for our weekly Legaltech Week roundtable on the week’s legaltech news, you can be sure poor Schwartz will be on the agenda. Other stories we’re planning to discuss today: E-discovery company Nextpoint’s launch of a law firm in Arizona. Caroline Hill , editor in chief, Legal IT Insider.
Join us today live at 3 ET for our regular Legaltech Week journalists’ roundtable , where our panel of journalists and bloggers discuss the top stories in legaltechnology and innovation. Update on Bucerius LegalTech Essentials 2021. Attorneys’ Remote All-Nighters Are Fueling an E-Discovery Hiring Spree.
E-discovery company Everlaw today became one of the few legaltechnology companies to join the elite ranks of unicorn status — companies valued at over $1 billion — with the announcement of a $202 million Series D funding at a valuation of over $2 billion.
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