LexisNexis Legal & Professional®, a leading global provider of information and analytics, is unveiling its second-generation legal generative AI Assistant on the industry-leading Lexis+ AI. Utilizing continuous user feedback, the next-level AI Assistant delivers an increasingly personalized experience to support legal professionals in making informed decisions faster, generating outstanding work, and freeing up time to focus on efforts that drive economic value. All existing Lexis+ AI customers will have access to the enhanced AI Assistant. These enhancements represent another milestone in ..read more

Patlytics, the AI-powered patent workflow platform, raised $4.5 million in seed funding led by Gradient, Google’s AI-focused venture fund, with participation from 8VC, Joe Montana’s Liquid 2 Ventures, Tribe Capital, Vermilion Ventures, Gaingels, Alumni Ventures, Position Ventures and several undisclosed angel investors including select partners from premier law firms and Datadog President Amit Agarwal.  Unlike traditional methods that rely heavily on manual input from practitioners, Patlytics’ AI-powered platform aims to empower professionals by automating key aspects of the patent proces ..read more

In the dynamic legal practice environment of today, it is essential to stay on top of new developments in Legal Tech and Innovation. And what better way to do so than reading a good book? Whether you are a student looking to expand your knowledge and prepare for your future working life, a lawyer interested in learning something new and possibly making a change in your current everyday life or just someone with an interest for Legal Tech – this non-hierarchical and non-exhaustive list is for you. Before we get started, it is advisable to have a look at an article that explores Artificial Intel ..read more

PwC, a global network of professional services firms with over 4,000 lawyers globally, announced that it has entered into an alliance with ContractPod Technologies Ltd (“ContractPodAi”), a leading and innovative provider of legal AI technology, to launch a new consulting service powered by ContractPodAi’s Leah.  This alliance will see PwC’s Legal Business Solutions leveraging Leah to expand their delivery and implementation capacity, positioning PwC at the forefront of legal GenAI. The Leah platform uses Generative AI, natural language processing, machine learning and data analytics to au ..read more

DraftWise, an AI-powered contract and negotiation platform for lawyers, has announced a $20 million Series A funding round led by Index Ventures, with additional support from existing investors Y Combinator and Earlybird Digital East Ventures. The new financing will allow DraftWise to further strengthen and expand its industry-leading Contract Intelligence platform, which uses generative AI to help firms create higher-quality contracts in less time by empowering every lawyer with instant access to the firm’s collective institutional knowledge and data. The platform is recognized as an essentia ..read more

Contract technology provider LegalOn has launched a new generative AI legal assistant. With the power of GPT-4, the security of SOC2 compliance, and extensive training and testing by attorneys, Assistant is generative AI upgraded for legal professionals. It has the abilities to check defined terms, locate critical clauses, draft revisions, and summarize a contract in seconds. This assistant enables one to save time searching through contracts. Users can ask any questions about their contract – including its amendments and exhibits – and get answers on legal and business terms instantly. This a ..read more

Thomson Reuters, a global content and technology company, has the rapid execution of its AI technology strategy by making CoCounsel Core available in Canada and Australia. These are the first of the English-speaking international markets the generative AI legal assistant will be rolled out to, less than three months after the launch of CoCounsel Core to Thomson Reuters customers. CoCounsel Core, introduced in the United States last year, equips today’s customers with eight generative AI-powered core legal skills, including Prepare for a Deposition, Draft Correspondence, Search a Database, Revi ..read more

NodeMasters, the straightforward consultancy for tailor-made process automation announces its new partnership with BRYTER, the leading no-code automation platform. NodeMasters caters to corporate and law firm customers of BRYTER around the globe. NodeMasters’ suite of services is tailored to the needs of BRYTER customers: Building as a Service: Delivering tailor-made solutions built on BRYTER. Guided Building: Empowering customers’ own building efforts with tailored guidance & support. Maintenance & Support: Flexible on-demand support for customers to maintain and enhance th ..read more

Darrow has announced the launch of PlaintiffLink – a solution designed specifically for law firms to efficiently connect with qualified plaintiffs for their cases in order to bridge the gap between law firms’ expertise and the people who most need legal representation. This tool is set to revolutionize the legal industry by enabling attorneys to concentrate on their core mission: delivering justice to those who seek it. PlaintiffLink is designed specifically for law firms to efficiently connect with qualified plaintiffs for their cases. With the focus on quality, a rigorous two-tier vetting sy ..read more

Spellbook has announced their $20M Series A funding round led by Inovia Capital. Thomson Reuters Ventures, The Legaltech Fund, Bling Capital, Moxxie Ventures, Concrete Ventures, Path Ventures, N49P and Good News Ventures also participated in the round. “​​We’ve been amazed by the explosive usage growth our platform has experienced, since launching Spellbook as the first generative AI contract drafting tool in 2022” shared Scott Stevenson, CEO and co-founder of Spellbook, “This raise marks a major milestone for our team, and is indicative of the market traction we saw in 2023. With the new ..read more