December 26, 2023 | Legaltech News
Gen AI vs. the GDPR: A Look Back at This Year's TensionsThe relationship between generative artificial intelligence and the EU's GDPR is a complicated one, with some data privacy professionals who claim the two can't coexist, and others who argue that a GDPR-like framework is necessary for the technology to grow sustainably. Here are some areas of contentions between the two from 2023.
By Cassandre Coyer
1 minute read
December 21, 2023 | Legaltech News
Tech in Trouble: 5 Legal Tech Companies in Hot Water in 2023From class action lawsuits, data breaches or allegations of sexual misconduct about their CEOs, some legal tech companies had to navigate critical challenges this year.
By Cassandre Coyer
1 minute read
December 20, 2023 | Legaltech News
On the Naughty List? 6 Hurdles OpenAI Faced This YearOpenAI and its chatbot ChatGPT repeatedly found themselves in the news this year, partly because they best exemplify the recent advances in generative AI, but also because the two sometimes found themselves in hot water.
By Cassandre Coyer
1 minute read
December 19, 2023 | Legaltech News
How Rising Legal Tech Prices Impacted the Market in 2023Whether it be e-discovery, legal research or software maintenance costs, this year saw an increase in prices almost across the board in the legal technology industry.
By Cassandre Coyer
1 minute read
December 19, 2023 | Legaltech News
Generative AI Platform Harvey Announces $80 Million InvestmentIn a blog post announcing the funding, Harvey noted that it planned to use this latest investment to "expand our custom model building, scale our team and build out our suite of product features."
By Cassandre Coyer
1 minute read
December 19, 2023 | Legaltech News
The Legal Tech Funding Gap: Who Got the Most Funding in 2023?Legaltech News looks back at all the funding news the team covered in 2023. Based on this year's reporting, about 91% of the companies who raised funds had men CEOs.
By Cassandre Coyer
6 minute read
December 14, 2023 | Legaltech News
Legal Tech Rundown: Paxton AI Unveils Updates, Opus 2 Appoints New CEO, and MoreAn update on the legal tech market's past few weeks, from product launches to new partnerships.
By Cassandre Coyer
6 minute read
December 13, 2023 | Legaltech News
Baker McKenzie AI Expert on Why the EU's AI Act May Have Limited ImpactLegaltech News caught up with Lothar Determann, author of the upcoming Determann's Field Guide to Artificial Intelligence Law, to discuss whether cross-disciplinary compliance efforts to AI are truly possible, whether data privacy laws are the right tools to regulate generative AI and more.
By Cassandre Coyer
8 minute read
December 12, 2023 | Legaltech News
LTN Startup Spotlight: Former US Diplomat, Advocat AI Founder Pradnya Desh Discusses Legal Tech Investment CyclesLegaltech News caught up with Pradnya Desh, former U.S. diplomat and founder of Advocat AI, to discuss how she approached raising funds—and why she wished she raised more in her initial round.
By Cassandre Coyer
8 minute read
December 11, 2023 | Legaltech News
Many CLM Providers Claim to Be End-To-End. Only Few Actually AreThe 2023 InnoLaw CLM Market Study from the InnoLaw Group includes an index of a hundred CLM vendors for in-house counsel—and only ten of the providers featured were true end-to-end systems.
By Cassandre Coyer
4 minute read
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