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Gen AI Adoption Is Taking Off. Law Firms Are Finally Ready
This is good news, especially in an industry that is not known for readily embracing change. But in truth, firms don't really have a choice, writes The Global Lawyer.
Legal Tech Rundown: Axios Reporter Joins RobinAI, Wolters Kluwer Launches AI Center, and More
An update on the legal tech market's past week, from product launches to new partnerships.
AI Startups Rely on Tech Giants Even as They Fear Their Dominance, Complicating Antitrust Debate
"We need to partner with hyper-scalers for computing, for distribution, for almost everything. And if we cannot do that, there is a risk that we just do not exist," said Blanche Savary de Beauregard, general counsel at the AI startup Mistral.
Gartner Predicts Legal Tech Market Will Hit $50 Billion by 2027. Is That Realistic?
A report by Gartner predicts that generative AI will fuel a rapid rise in legal tech spending over the next few years. But some aren't so sure the technology can boost the market that far, that fast.
KKR Fund Acquires Majority Stake in CLM Provider Agiloft
As a part of the deal, FTV Capital will make an additional investment in the company, and JMI Equity, a growth equity firm focused on investing in software companies, will join on as a new investor.
Law Journal Press | Digital Book
Anatomy of a Merger: Strategies and Techniques for Negotiating Corporate Acquisitions
Authors: James C. Freund
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American Arbitration Association Acquires ODR.com Parent Company, Planning AI-Powered Expansion
The acquisition will enable ODR.com's parent company to tap into the AAA's resources to build more advanced AI-powered ADR solutions, and allow the AAA to rapidly expand its services and footprint.
E-Discovery Services Company Repario Taps Former UnitedLex VP as New GC
Repario CEO Dave Deppe called Kelly's appointment a "strategic move" for the company.
The Real Issue Beyond the Stanford Study's Gaffes: Where Are Legal Tech's Benchmarks?
Stanford's study assessing gen AI-powered legal research tools received pushback from the industry for flawed methodology. But the real issue may lie within the lack of transparency from legal tech providers into how exactly their tools work.
Legal Speak's 'Sidebar with Saul' Part IV: Deliberations Begin in First Trump Criminal Trial
While it likely won't influence any of his political supporters, a guilty verdict would open many a can of worms on what comes next.
Thomson Reuters Unveils CoCounsel Drafting, Linked to Practical Law for Transactional Work
Now available in limited beta, the transactional product is expected to be generally available in July, with CoCounsel Drafting for litigation following later in the year.Trending Stories
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- 5Litigation Trends to Watch From Law.com Radar: Suits Strike at DEI Policies, 'Meme Coins' and Infractions in Cannabis Labeling
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