AI & Data Analytics
LG Chem becomes first Korean company to adopt Luminance Corporate
AI & Data Analytics
February 20, 2024
Luminance announced today (20 February) that LG Chem has become the first Korean company to adopt its contract negotiation and management product, Luminance Corporate. LG Chem is one of the
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UK fraud volumes more than doubled to £2.3bn in 2023 – BDO says AI will see threat escalate
AI & Data Analytics
February 19, 2024
The volume of reported UK fraud grew to £2.3bn in 2023, which was the second-largest annual total recorded by BDO in the last decade and represented a 104% increase on 2022.
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LegalTech Insights: Clio’s CEO Jack Newton talks gen AI differentiators, cloud parallels, and regulatory guidance
AI & Data Analytics
February 15, 2024
Caroline Hill sat down with Jack Newton, founder and CEO of SaaS legal practice management vendor Clio, to chat through his vision of how generative AI will be a differentiator;
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Major corporates including Intel and Microsoft launch gen AI collective facilitated by Factor
AI & Data Analytics
February 8, 2024
Several global general counsel today (8 February) launched The Sense Collective, a collaboration community aimed at accelerating the adoption of generative AI in the corporate legal realm. Founding members include
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Legalweek 2024 round-up: The tech to watch out for (yes, including some AI)
AI & Data Analytics
February 6, 2024
By Neil Cameron, Legal IT Insider lead analyst Legalweek 2024 started with a gung-ho exhortation from the star of Breaking Bad and finished with one from the protagonist of Molly’s
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Freshfields hires global chief innovation officer from major investment bank client
AI & Data Analytics
February 5, 2024
In a major hire, global law firm Freshfields Bruckhaus Deringer has today (5 February) announced the appointment of Gil Perez as global chief innovation officer, effective from April. Perez joins
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Interview: Tracey McDermott joins Pinsent Masons as CTO
AI & Data Analytics
February 2, 2024
We ask Tracey McDermott what her role at Pinsent Masons will entail, why legal, what the focus will be for the global tech programmes she leads, and what the next
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WEBINAR REPLAY: The implementation journey of AI, with Legl and Crispin Passmore
AI & Data Analytics
February 1, 2024
In this webinar with Legl, we heard from Crispin Passmore, a legal management consultant and former executive director of the Solicitors Regulation Authority; Matt Jared, Legl’s CTO; and Legl’s own
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AI eDiscovery startup BeagleTM Secures $3m in Seed Funding
AI & Data Analytics
January 30, 2024
Washington-founded, AI-native eDiscovery platform BeagleTM has raised $3m in seed funding led by ML Capital and supported by other investors including Davidovs Venture Collective (DVC) fund and Hugging Face’s co-founder
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iManage announces ConnectLive in NYC as CEO Neil Araujo discusses AI end user meeting
AI & Data Analytics
January 30, 2024
Legal IT Insider’s editor Caroline Hill and iManage’s CEO and co-founder Neil Araujo chat about the highlights of iManage’s four-hour AI user group meeting AND the big reveal that iManage
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Kili Technology launches davinci patent AI copilot
AI & Data Analytics
January 25, 2024
In this quick fire interview in the final countdown to Legalweek New York, Legal IT Insider’s editor Caroline Hill spoke with Kili Technology’s founder and CEO François-Xavier (FX) Leduc about
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Thomson Reuters CoCounsel expands out of US as it also launches new Practical Law AI tools
AI & Data Analytics
January 25, 2024
Thomson Reuters has begun the international expansion of its generative AI assistant CoCounsel Core, beginning with Canada and Australia, as it focuses on expanding CoCounsel’s availability in English-speaking countries. The legal
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Gen AI contract drafting and review assistant Spellbook raises $20m Series A Funding
AI & Data Analytics
January 24, 2024
Spellbook, the legal contract drafting and review tool powered by both OpenAI and Anthropic large language models, has raised a $20M Series A funding round led by Montreal-based venture capital firm
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Webber Wentzel expands and rebrands its alternative legal services capability as Webber Wentzel Fusion
AI & Data Analytics
January 16, 2024
Leading African law firm and Linklaters alliance partner Webber Wentzel has expanded and rebranded its alternative legal services capability as Webber Wentzel Fusion, with the ambition to provide an even
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LexisNexis announces the launch of Lexis+ AI commercial preview in the UK and Canada
AI & Data Analytics
January 11, 2024
LexisNexis Legal & Professional today (11 January) announced the launch of the UK and Canadian commercial preview of Lexis+ AI, a generative AI solution designed to help lawyers with legal
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US Innovation Movers and Shakers: Amy Monaghan joins Infodash from Perkins Coie
AI & Data Analytics
January 9, 2024
Perkins Coie’s director of client innovation, Amy Monaghan, has joined Infodash as VP of client success and product innovation. We asked her what her new role entails; what Infodash does;
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Agiloft launches gen AI redline capability to speed up contract negotiation
AI & Data Analytics
January 9, 2024
Contract lifecycle management vendor Agiloft today (9 January) announced new generative AI functionality that suggests redline alterations to contract clauses to speed up the negotiation process. Third party clauses that
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