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Rhys Dipshan

Rhys Dipshan

CT-born, New York-based legal tech reporter covering everything from in-house technology disruption to privacy trends, blockchain, AI, cybersecurity, and ghosts-in-the-machine. Continually waiting for law to catch up with tech. (It's like waiting for Godot, but without the clowns)

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April 19, 2023 | Legaltech News

Lexion Raises $20 Million in Series B Round, Bringing in New Venture Capital Investors

The Wilson Sonsini-backed CLM provider noted it will leverage its newest investment to further enhance its product and AI capabilities.

By Rhys Dipshan

4 minute read

April 17, 2023 | Legaltech News

With Elite Sale, Thomson Reuters Accelerates 'Content-Enabled Tech' Shift

While Thomson Reuters sold a majority stake in its Elite products suite, alongside ending or closing other products and services solutions over the past few years, it's actively investing in a legal tech direction it believes will yield the most impact for its customers.

By Rhys Dipshan

4 minute read

April 17, 2023 | Legaltech News

Partners See More ChatGPT, Generative AI Risks Than Law Firm Staff

While the "ChatGPT and Generative AI within Law Firms" report by Thomson Reuters Institute found a generational divide in law firms regarding generative AI risks, that situation may change as legal professionals become more knowledgeable about the technology.

By Rhys Dipshan

3 minute read

April 11, 2023 | Legaltech News

iManage Receives Strategic Growth Investment From Bain Capital

The document management provider noted the new funding will accelerate its growth, which over the past few years has been boosted by several M&As.

By Rhys Dipshan

2 minute read

April 05, 2023 | The American Lawyer

Will ChatGPT Spur a Law Firm Chatbot Revolution Among Skepticism?

Chatbots' capabilities have significantly grown—but so too have law firms' concerns with the format.

By Rhys Dipshan

9 minute read

April 04, 2023 | Legaltech News

Thomson Reuters Sells Majority Stake in Elite Product Business to TPG

As part of the sale, Thomson Reuters will maintain a minority stake in Elite , which includes 3E, ProLaw, eBillingHib and Mattersphere, and actively support its ongoing development.

By Rhys Dipshan

2 minute read

April 04, 2023 | Legaltech News

Fastcase Merges With vLex, With Plans for Integrated AI-Powered Research Offerings

The merger creates a global law library with over a billion documents, which Fastcase CEO Ed Walters called "the most important training set" for large language models, such as those that power ChatGPT.

By Rhys Dipshan

3 minute read

March 30, 2023 | Legaltech News

Ask the Marketer: We had Legalweek—Now What? How Do I Maximize Leads and Contacts?

Marketers are often asked about maximizing ROI from a particular show: "How do I convert my conversations into well-qualified leads?"

By ALM Staff

6 minute read

March 29, 2023 | Legaltech News

Generative AI Could Automate Almost Half of All Legal Tasks, Goldman Sachs Estimates

A Goldman Sachs report found that, while generative AI will be more of a supplementary force for many jobs, its impact on legal could be more disruptive than in other industries, with many legal jobs at risk of automation.

By Rhys Dipshan

3 minute read

March 24, 2023 | Legaltech News

The Generative AI and GPT-Powered Legal Tech Announced at Legalweek 2023

The application of generative AI and the large language models that power ChatGPT in the legal market isn't just a far off possibility.

By Rhys Dipshan

6 minute read