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Legaltech News

Docusign to Acquire CLM Provider Lexion for $165M in Cash

Docusign looks to strengthen its position in Intelligent Agreement Management by adding Lexion's generative AI capabilities to the Docusign IAM platform, in the process expanding its ability to serve the legal market.
4 minute read

Legaltech News

Contract Analysis Company eBrevia Launches Gen AI-Powered DraftPro Months After Co-Founders' Buyback

eBrevia was bought back from Donnelley Financial Solutions (DFIN) by co-founders Adam Nguyen and Jacob Mundt in December 2023—five years after they first sold the company.
5 minute read

Law.com

More NC Counties Make Switch to Electronic Filing as Lawsuit Over eCourts' Glitches Remains Pending

"I believe we have moved from an archaic system to a state-of-the-art system that is bringing North Carolina into the forefront of what is available to courts online in our country," Johnston County Clerk of Superior Court Michelle Ball said.
4 minute read

Legaltech News

The FTC's New Noncompete Rule Does Not Solve the Real Challenge Ediscovery Business Development Professionals Have When Changing Employers

The abolition of noncompetes is empowering for job-seekers, but it does not eliminate the real challenge of replicating historical sales success during the kickoff of new sales employment.
7 minute read

Legaltech News

E-Discovery Startup Fileread Hires Former AstraZeneca Head of Legal Services Josh Kreamer as GC

The hire comes less than a year after Fileread closed on a $6 million funding round led by an investment firm backed by Google.
2 minute read

Legaltech News

KLDiscovery Reaches Agreement With Creditors Weeks Before Major Debt Comes Due

The agreement will see KLDiscovery convert some debt into "pro forma outstanding common equity" and extend the deadlines for future repayments.
3 minute read

Legaltech News

Overheard at 2024 ILTA Evolve: Cybersecurity, Generative AI and All Its Curiosities

ILTA Evolve 2024 saw many focusing on the the cybersecurity issues facing generative artificial intelligence, cyber insurance challenges, and more
5 minute read

Law.com

Legal Rushes to Address AI Risk, But Some Efforts Come up Short

Though there is a strong desire to rapidly tap into the benefits of generative AI, it's clear that, at least in the legal industry, there is much more work to do to tame this technology.
7 minute read

Legaltech News

Orrick Continues AltaClaro's Prompt Engineering Training for Summer Associates, Adds Summer 'AI Day'

Orrick will once again offer AltaClaro's prompt engineering and generative AI training at the beginning of its summer associate program, culminating in a summer "AI Day" full of generative AI-related activities designed to educate the next generation of lawyers.
5 minute read

Legaltech News

Fraudulent Claims in Class Actions and Mass Torts Are Skyrocketing

Western Alliance Bank's "2024 Digital Payments in Class Actions and Mass Torts" report found that fraud grew regardless of whether claims were paid via digital payment or paper checks, though digital payments are fast becoming the norm.
5 minute read

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