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Legaltech News

Swedish Startup Leya Announces $25M Investment—Two Months After $10.5M Seed Round

Since its founding in 2023, Leya, which offers a generative AI assistant that streamlines a number of legal tasks, has expanded to 10 European markets and has its sights set on a U.S. expansion.
4 minute read

Legaltech News

Belgian AI Startup LegalFly Secures $16.3 Million In Series A, Keeps the Legal Tech Funding Streak Hot

LegalFly, founded one year ago by former Tinder product experts, is seeking to expand further into the U.S.
3 minute read

Corporate Counsel

WhatsApp Bans, Billions in Fines Haven't Fixed Finance Industry's 'Off-Channel' Communications Problem

"It is seldom a lack of rules or policies that causes non-compliance, but an individual's unwillingness to follow them," according to Global Relay's Compliant Communications Report 2024.
5 minute read

Daily Report Online

Alston & Bird Adds NY Funds Formation Specialist From Schulte

Heather Wyckoff said she often works to create funds for which "there is no precedent," which "meshes well with the team here and the level of sophistication and creativity I see among my colleagues in the funds space."
4 minute read

Legaltech News

Cybersecurity Startup Cytactic, Founded by Law Firm Partner, Announces $16M Seed Round

The cybersecurity startup, which offers a cyber crisis management and readiness platform, was founded by a former partner and head of tech regulation at Israeli law firm Herzog, Fox & Ne'eman.
2 minute read

Legaltech News

Timekeeping Startup PointOne Secures $3.5M Seed Round, Including Investment From Cooley Fund

The startup looks to leverage generative AI to "make timekeeping and billing go away as something that attorneys have to do," its co-founder noted.
5 minute read

Legaltech News

Gen AI Document Search Startup Hebbia Raises $130M, Hires New Head of Legal

Hebbia's Series B round marks another legal technology investment from VC firm Andreessen Horowitz (a16z).
3 minute read

Legaltech News

Legal Writing Startup Clearbrief Raises $4M in New Funding Round

Clearbrief, which has released a number of generative AI tools over the past year, noted that an investment fund associated with Wilson Sonsini Goodrich & Rosati participated in the round.
3 minute read

Corporate Counsel

Ex-SEC Commissioners Fear Agency's AI Regulation Will Be Ham-Handed

"Let's not try to use enforcement to cause folks to pull back and not offer these services. I think that's the challenge," said Robinhood Markets legal chief Dan Gallagher, an SEC commissioner from 2011 to 2015.
6 minute read

Legaltech News

Legal Tech Startup Wordsmith Raises $5M in Seed Funding

Wordsmith, which offers a generative AI-powered legal assistant targeted to in-house legal teams, is at least the third legal tech startup to announce seed funding this month.
2 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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