Agiloft, the most trusted global leader in data-first contract lifecycle management (CLM), today announced a new generative AI (GenAI) capability that streamlines negotiations and empowers users to significantly increase the speed with which they’re able to redline, negotiate, and ultimately agree on contract terms.
As demand for generative AI in the legal sector explodes, Robin AI, the AI-powered legal copilot, today announces that it has raised $26 million in new funding. The Series B round is led by Temasek, a global investment company headquartered in Singapore. Other investors include QuantumLight, Plural and AFG Partners.
Clio, the world’s leading provider of legal technology, has been named a top software company in the G2 Winter 2024 Report, published by the leading software review platform, G2.com. This is in addition to category leader designations for Legal Practice Management, Legal Billing, and Legal Case Management over 24 consecutive quarters.
Main Capital Partners has acquired a majority stake in Epona, a leading provider of DMS and CRM software for the LegalTech market. Epona’s solutions enable law firms and corporate legal departments to increase the efficiency of their document related processes and to ensure compliance.
Global law firm Hogan Lovells and its legal tech brand ELTEMATE have launched ELTEMATE CRAIG – its refined and customized legal generative AI solution. ELTEMATE CRAIG can be used to draft legal documents, summarize large sets of facts, extract and structure information into legal documents, create fact chronologies and much more.
Harvey - a generative AI company building the future of professional services - has successfully raised $80 million in Series B funding, co-led by Elad Gil and Kleiner Perkins, with significant contributions from the OpenAI Startup Fund and Sequoia. This latest investment boosts Harvey's total funding to over $100 million and establishes its valuation at $715 million.
Aderant, the leading global provider of legal business management solutions, unveiled a new Terms Review Workflow feature for Onyx, the AI-powered solution that has transformed Outside Counsel Guideline (OCG) compliance for law firms around the world. Since its launch, Onyx has reshaped OCG compliance across time, billing, and eBilling by providing automated and unified solutions that enable law firms to tackle compliance challenges.
Elite, a leading provider of financial and practice management solutions to the world’s most successful law firms, has made a number of new appointments to its executive and senior leadership teams. These include two new C-level roles for the business – Chief Customer Officer (Martin Linusson) and Chief Human Resources Officer (Michael O’Donnell) – as well as its first Head of Information Security (Jason Gerk).
NetDocuments, the world’s #1 trusted cloud platform where legal professionals do their best work, announced the winners of the 2023 Inspire Partner Awards. The Awards recognize NetDocuments partners for their ability to deliver extraordinary value to NetDocuments customers via innovative technology integrations, platform implementations, user training and technology adoption work globally across all regions and business segments.
Wolters Kluwer Legal & Regulatory (LR) today announced an innovative feature for legal professionals: Generative Pre-training Transformer (GPT)-generated summaries of court rulings. GPT summarization harnesses generative AI (GenAI) to simplify legal research, eliminating the need to read through multiple court cases, saving valuable time.
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