Today Thomson Reuters is announcing a new Generative AI vision. Central to this vision is a new Generative AI Assistant branded as CoCounsel. There was no press conference and no demo to provide context or a Q&A around this announcement. Here is a link to the press release so you can read it for yourself. The CoCounsel Vision in the press release says that “CoCounsel will unify the entire customer experience. CoCounsel will function like a team member handling complex tasks with natural language understanding and completing tasks at superhuman speeds.” Over time CoCounsel will link the ent ..read more

Today vLex  is announcing the launch of a powerful suite of generative AI-backed document analysis tools for litigators and transactional attorneys  Vincent AI platform.  vLex occupies a unique space in the legal research and workflow space since it is the only truly multi-national research platform which has now expanded into an AI enabled Vincent AI Document Analyze The new product called Vincent AI Document Analyze is a workflow tool designed to streamline and enhance  the drafting of contracts, motions, pleadings, and other legal documents. vLex is the only legal resear ..read more

Bloomberg Industry Group has announced that the acquisition of Dashboard Legal, a project management and collaboration solution designed for law firms and in-house counsel. Like the majority of legal tech startups, Dashboard Legal by developed by a former ALM 100 attorney Mat Rotenberg, in a “there’s got to be a better way” moment. I had a chance to talk with Rotenberg and Joe Breda, president Bloomberg Law.  I was particularly fascinated to hear that Rotenberg had participated in  large law “technology committees” which means not only felt the frustrations of of fragmented work ..read more

The ILTACON 2024 Exhibit Hall will once again host the ILTACON Startup Stage and Startup Hub. The Startup Hub will offer more than 25 opportunities for new startups to exhibit at ILTACON for a reduced rate and promote their organizations on the Startup Stage. Applications for the Startup hub will open on March 25 and will close on May 1.  This is a perfect opportunity for visionaries, industry disruptors, and those who challenge the status quo to participate in the premier Legal Technology Conference, ILTACON.  Approved applicants will receive a 10 x 10 booth kiosk wit ..read more

Today Lex Machina, a LexisNexis company, is releasing a new tool for competitive insights called “Litigation Footprint.”  Lex Machina now includes litigation analytics from over 27 million cases filed in 94 federal district courts and over 1,300 state courts in 34 states and the District of Columbia.  The Litigation Footprint enhancement was developed in response to customer demand for deeper party level analysis tools. Since its launch in 2010 as a platform for analyzing IP litigation, Lex Machina has continuously raised the bar for the legal analytics market. The Lex Machina platfo ..read more

Law library budgets can easily grow wild like sprawling and untamed gardens. In the past, law librarians could be managing literally thousands of print titles spread across dozens of locations. The pandemic accelerated the full embrace of digital alternatives to print. Today many law firm libraries have small print collections but a large and complex network of digital licenses. Law firm mergers, the opening of new offices and the continuous churn of lateral partners can play havoc with budgets and orderly management of both digital and print collections. We have all been confronted with an in ..read more

CHICAGO – March 5, 2024 — The American Association of Law Libraries (AALL)— the only national organization representing law librarians and legal information professionals—is thrilled to announce registration for its 117th Annual Meeting & Conference in Chicago, Illinois, is now open. Register at this link The 2024 AALL Annual Meeting & Conference—Lead.Innovate.Transform—will be held at the Hyatt Regency Chicago, July 20-23. Curated specifically for law librarians and legal information professionals, the AALL Annual Meeting & Conference brings together over 1,700 professionals, ind ..read more

LegalOn Technologies, has launched LegalOn Assistant, which can answer contract questions, draft clauses, summarize contract terms, and more. According to US CEO Daniel Lewis,  “LegalOn Assistant is an extension of your legal team. It saves you time, handles mundane tasks, and is easy to use in day-to-day work.” LegalOn includes a suite  tools for streamlining contract review and drafting. Functionalities include redlining, practice notes, contract templates, and easy customization for companies with their own playbooks and templates.  The new LegalOn Assistant will be availabl ..read more

The American Association of Law Libraries is seeking nominations for the 2024 Product of the year award. Both members and vendors can submit nominations. This award honors new commercial information products that enhance or improve existing law library services or procedures or innovative products which improve access to legal information, the legal research process, or procedures for technical processing of library materials. A “new” product is defined as one which has been in the library-related marketplace for two years or less. New products may include, but are not limited to, computer har ..read more

Today LexisNexis Legal & Professional, released results from a survey of senior leadership at top U.S. law firms and legal professionals at Fortune 1000 companies. The survey  “What Every C Suite Leader Needs to Know about Legal AI”   explores  the business impact of generative AI technology on the legal industry. I can’t recall any prior technology that has simultaneously trigged both of breathless enthusiasm and panicked resistance . While the technology shows game changing promise, there are significant ethical, client relations, security and intellectual property co ..read more