Chicago-based Litera has bought UK legal document platform Office & Dragons, which provides drafting and editing software using generative AI to streamline drafting work, to boost its document drafting offering. Office & Dragons say users report time savings of 85-97 percent for mass editing and document generation work. Samuel Smolkin, Founder and CEO of Office […]
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As Artificial Intelligence continues to transform the world and equip people with cutting-edge technological tools that were not even imaginable a decade ago, heated debates are going on in the global legal landscape to determine whether AI is good or bad for their practice. To date, the ethical integration of AI-powered tools and algorithms into
2024 Tech M&A Survey Morrison Foerster is pleased to share with our clients and friends the results of our 2024 Tech M&A Survey, published in conjunction with Mergermarket. Mergermarket surveyed 300 dealmakers from around the world in order to gain valuable insights into the future of technology-related M&A. According to the findings: The report is released against the
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Big Law AI Hire Tom Borman, LawFuel contributing editor Big Law firms increasingly appoint dedicated executives to lead their AI initiatives as the AI revolution envelopes the legal profession. Recent hires at leading firms include Akin Gump Strauss Hauer & Feld and McDermott Will & Emery, both of which have created new leadership roles focused on AI.
Big Law Hires AI Executives To Lead The LegalTech Charge Read More »
Burford’s Drive To Push Legal AI Initiatives Leading litigation finance company Burford Capital has announced the appointment of Travis Lenkner as its new Chief Development Officer, with a role to build the company’s strategic growth, including law firm investment initiatives. Lenkner, who will be based in London, brings a wealth of experience to the position
Litigation Finance Firm Appoints Legal Veteran to Push Legal AI Read More »
https://www.pexels.com The use of fintech has expanded at a very fast rate in different fields and has altered the way that they and perform and work financial transactions. The legal sector which has always been considered as the slow adopter of technology is witnessing an innovation awakening due to the emergence of financial technologies. This
The Implications of Fintech: How It is Reshaping the Legal Industry Read More »
Legal Technology Solutions Legal work is incredibly complex and time-consuming. From handling mountains of paperwork to ensuring compliance with evolving regulations, law firms and legal departments face numerous challenges. Traditional workflows often involve repetitive tasks, inefficient processes, and significant manual effort, leading to bottlenecks and delays. In this fast-paced digital age, there’s a pressing need
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BigHand Workflow AM Law 200 firm Clark Hill has completed a case study involving BigHand Workflow Management to develop their services, support and work allocation, which involved almost 21,000 tasks completed in one month and a centralized support team supporting 700 lawyers. Details of the study are shown in the media release below. Kathleen Sullivan,
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CHICAGO, TYSONS CORNER, VA and PETAH TIKVA, ISRAEL – July 30, 2024 – Relativity, a global legal technology company, and Cellebrite (Nasdaq: CLBT), a global leader in digital investigative solutions, today announced a strategic partnership that will deliver cutting-edge solutions for mobile device collection, processing and review. The new solutions will drastically improve how mobile
Legal Tech News – Tech Partnership Improves Use of Mobile Data in Legal Cases Read More »
Tom Borman, LawFuel Tech Contributor The recent global IT outage caused by a security update from CrowdStrike has once again indicated the importance of cybersecurity measures for law firms that appeared to have been largely unaffected by the major outage. The outage, related to Microsoft software, disrupted operations at numerous law firms, affecting their ability
CrowdStrike Chaos Emphasizes Need For Law Firm Cybersecurity Preparedness Read More »
