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Legaltech News

Thomson Reuters to Acquire Casetext for $650 Million Cash

"The acquisition of Casetext is another step in our 'build, partner and buy' strategy to bring generative AI solutions to our customers," said Steve Hasker, president and CEO of Thomson Reuters, in the press release.
6 minute read

Legaltech News

Relativity Piloting GPT-4, Aiming to Rise Above 'All the Noise' Surrounding Generative AI

"We all want to get [generative AI] out fast, because you feel like if you don't, you have a bit of FOMO, right? But [we said], let's not overtly take the bait. Let's breathe through this and make sure that when we do deliver something, it's of significant value that our customers can use and grow," Phil Saunders, CEO of Relativity, told Legaltech News.
11 minute read

Legaltech News

Data Remediation: The Critical, but Less Sexy Side of Cybersecurity

Deleting large amounts of old information that was once important and still seems relevant can be a daunting task. Nonetheless, the benefits of data remediation for both law firms and corporations are immense and cannot be overlooked.
5 minute read

The Recorder

With Deadline Looming, New Remote Access Court Bill Introduced

California courts' authority to hold civil proceedings remotely ends July 1. Lawmakers will try to extend that authority by tucking related legislation into a budget-related bill.
3 minute read

Legaltech News

Don't Call It a Rebound: Funding Is Trickling Back to Legal Tech, but Strategically

While investors aren't flocking back to legal tech in hoards just yet, the size of the average funding and financing round in Q2 grew exponentially.
4 minute read

The Legal Intelligencer

Pa. Law Firms Crack Down on ChatGPT Use in Light of Privacy Concerns, Hallucinations

Weber Gallagher Simpson Stapleton Fires & Newby has banned the use of the generative AI tool in the office. "The risks are just way too high," said chair Andrew Indeck.
4 minute read

Legaltech News

Is Legal Tech's Future One-Stop-Shop Solutions or an Inevitable Unbundling?

One-stop-shop legal tech solutions still hold a lot weight in the legal market. But with glitchy integrations and bloated tech packages, some see a potential "unbundling" of legal technology, akin to the disruption that hit cable TV.
4 minute read

Legaltech News

Reader Survey: What Do You Want to See on Legaltech News?

We want to hear from you! As our coverage evolves and expands, we want to make sure it aligns more closely with what our readers need, want and expect.
1 minute read

Corporate Counsel

Breaking Boundaries in Legal Tech: The Game-Changing Potential of Generative AI

Despite an outpouring of media coverage for generative artificial intelligence (AI), some may still wonder whether reality will actually measure up to all the hype. Sure, this is a clear technological advancement, but haven't we been here before?
6 minute read

Legaltech News

Microsoft Loop and Legal Discovery: What to Know Now

Microsoft Loop, a new web and mobile co-creation app in Microsoft 365 that offers interactive components for team collaboration, will create new challenges for managing and collecting data for discovery purposes.
7 minute read

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