The fast-paced world of legal tech is constantly evolving. At Legaltech News, we strive to keep you up to date with the latest news on hiring, product and feature releases, new integrations, legal tech mergers and acquisitions, and more. Legaltech Rundown provides weekly updates on legal tech happenings that you may not know about.
ContractPodAi/Vyapi: On Wednesday, UK-based contract lifecycle management platform ContractPodAi announced a strategic partnership with contract support provider Vyapi. Through the partnership, ContractPodAi aims to offer generative artificial intelligence capabilities within its Leah product to small and medium-sized businesses, according to a news release.
Epiq: On Tuesday, legal technology and services company Epiq announced expansions to its AI capabilities. Epiq’s Service Cloud features live performance metrics and alerts, private user activity logs, multiple large-scale language models, public and private cloud deployment options, customizable AI applications for document summarization and image narration, and more, according to a news release. It is said that it plans to provide.
Fileread: Fileread, an e-discovery startup, announced Monday that it has appointed Justin Brownstone as head of strategic partnerships. Prior to his appointment, Brownstone served as principal product manager at LexisNexis’ legal analytics company, Lex Machina, and chief product officer at Gaveritics, another legal analytics company, according to a news release. Ta.
Ironclad: Contract lifecycle management provider Ironclad on Tuesday announced that its Gen AI legal assistant Jurist is now available in “online mode”, allowing users to access the tool’s real-time analytics.
Josef: On December 6th, Australian no-code legal automation platform Josef announced that it had closed a funding round without disclosing the amount raised. Existing investors in the “superfast” round included The LegalTech Fund, Carthona Capital and OIF Ventures, according to a news release. Joseph previously raised approximately $3.45 million in its last funding round in 2022.
LexisNexis: LexisNexis on Monday released Nexis Data+, a solution that puts legal, financial, compliance, and corporate data and Gen AI-approved news content into workflows to enable informed decision-making, according to a news release. announced.
Opus 2: Legal software company Opus 2 announced the release of new features and AI improvements on Wednesday. Opus 2 allows users to create Microsoft Word documents based on AI analysis, more easily search case information, organize workflows with new procedural schedules for cases, and access an improved interface, according to a news release. It is said that it became like this.
Redgrave LLP: On Tuesday, e-discovery and information law firm Redgrave LLP announced that Thomas A. Lidbury has joined the firm as a partner, according to a news release. Mr. Lidberry was previously a special judge in the United States District Court for the Northern District of Illinois and a shareholder in Ogletree Deakins.
Sedona Conference: Sedona Conference Working Group 11 has extended the AI ​​Statutory Guidance Drafting Team submission deadline to January 6, 2025. The team focuses on solving issues related to regulations and privacy laws related to the use of AI in the hiring process. , according to a news release.
SixFifty: Human resources compliance solutions provider SixFifty on Tuesday announced the launch of a Gen AI-powered investigation tool aimed at streamlining the investigation process by improving access to the company’s employment law information database. did. According to the release, the tool uses multiple LLMs and can answer HR-related queries.
