by | Aug 2, 2024 | LawSite, legal matters
Last week, as the law practice management company Clio announced a record $900 million funding round, the largest ever for a legal technology company, I published an exclusive LawNext podcast interview with Jack Newton, Clio’s founder and CEO, recorded a few days...
by | Aug 1, 2024 | LawSite, legal matters
I recently wrote here about an American Bar Association survey of law schools that offer AI classes. The survey found that 55% of responding law schools offer such classes. A Reuters news story picked up on that and reported, “More than half of law schools now offer...
by | Aug 1, 2024 | LawSite, legal matters
For a law firm, choosing and deploying software raises many questions. How do I protect client confidentiality? Where does artificial intelligence fit in? What is the best software for my firm’s needs? How do I drive staff training and adoption? In this post, experts...
by | Jul 31, 2024 | LawSite, legal matters
Technology that helps people do their own legal work should be against the law. That at least is the view of some bar authorities, and the implication of regulatory proposals. Many lawyers think that any form of legal assistance not provided by a licensed attorney is...
by | Jul 31, 2024 | LawSite, legal matters
Last month, KKR, a major global investment firm, announced that it had entered into an agreement to acquire a majority stake in Agiloft, the contract lifecycle management company. As part of the deal, the growth equity firm FTV Capital, already an Agiloft investor, is...
by | Jul 30, 2024 | LawSite, legal matters
With hallucinations continuing to haunt applications of generative AI in the legal field, Paxton AI, a startup for contract review, document drafting and legal research, today released results of a benchmarking study that showed its product achieved 93.82% average...
