You’ll recall that we recently gave a glowing review to new machine learning backed email management company Zero, which we can now reveal has won California law firm Ropers, Majeski, Kohn, and Bentley PC as a client.
Sydney-headquartered legal technology company Legaler has raised $1.5m in a round led by MasterNode Ventures, joined by Pacific Blue Capital and a number of prominent legal industry figures as it furthers its bid to use Blockchain to open up access to justice.
Of all the demos I’ve seen, quite honestly very few of them result in a genuine if a little cheesy sounding “wow”, but Zero, which embeds machine learning into mobile devices and Outlook to file and manage emails, is one.
At the recent launch of the Barclays / Law Society Eagle Lab law tech incubator in London, Lord Keen of Elie (Richard Keen QC) said, “There is a lawtech revolution happening all over the world and I want to make sure the UK not only keeps pace with it but leads it.” Clearly as a law tech startup ourselves, we wholeheartedly agree. But there are also fundamental barriers to entry in some aspects of the legal industry that may have gone unnoticed. A prime example of this: access to information, says Gavin Sheridan, co-founder of Vizlegal.
In the latest demonstration of its commitment to providing lawyers with fairly meaningful and, in this case, at the coal face tech training, Clifford Chance high performing trainees will now be offered a two-month law tech internship as the magic circle giant today (5 July) announces that it has launched a pilot with fast-growing online legal marketplace Lexoo.
Facebook is buying Bloomsbury AI – one of the early stage companies currently resident in Allen & Overy’s incubator Fuse – according to a report from TechCrunch that has subsequently been confirmed by Facebook to Legal IT Insider
SharePoint triumphs – All change at Peppermint – Major DMS & PMS swap outs – the inside skinny on Contract Analysis software – And is it a bird? Is it a plane? No it’s a lawyer-data scientist hybrid! WTF?!?
A report out today (16 April) from the House of Lords select committee on artificial intelligence finds that while the UK has a “unique opportunity” to shape the development of AI, it is essential that ethics take centre stage, with the report recommending the creation of a cross-sector AI Code to help mitigate the risks.
It’s all about the contract right now after UK-headquartered contract management platform Juro raised $2m in a round led by Berlin-based VC Point Nine Capital, with contributions from Seedcamp, Taavet Hinrikus (cofounder of TransferWise), Michael Pennington (co-founder of Gumtree) and the family office of Paul Forster (co-founder of Indeed).
It may almost be Easter but the world of legal technology does not stop for chocolate eggs and we’ve another packed issue of the monthly Legal IT Insider newsletter for you.
And here’s an interesting new pricing app – Price High or Low – to help you quote an up-front fixed fee
Courtesy Joel Barolsky of Melbourne-based Price High or Low – available on the Apple App Store
Gavelytics, a judicial analytics company that uses artificial intelligence technology to help litigators quickly identify judges’ tendencies, today announces it has closed a $3.2 million funding round from prominent Southern California investors, including the backers of Legal Zoom, The Honest Company and Qualcomm. The funding round will aid the launch of new tools on the Gavelytics platform, accelerate the product’s geographic coverage and support team growth.
The Singapore Academy of Law (SAL) and the Personal Data Protection Commission (PDPC) have announced that applications are now open for Singapore’s largest legal tech hackathon – TechLaw.Fest Hackathon. (4-to-6 April 2018)
Loom Analytics is a legal analytics company that creates data mining and visualization products, here is what you need to know about the business and its founders.
Bird & Bird has chosen Luminance’s artificial intelligence platform to assist with its contract review for M&A due diligence. The announcement of the deal follows a successful trial of the technology across the firm’s London and Stockholm offices.
In a bumper news issue to kick off 2018, here are just some of the stories in the January (issue #309) Orange Rag, including the FREE download links
Congratulations is due to Lauren Riley, founder and CEO of Manchester-based legal tech firm, The Link App, which has been shortlisted to the final five in KPMG’s search for the Best British mobile start-up.
The Singapore Academy of Law shows the rest of the world how to launch a legal IT innovation programme
In an example of an unusually high-level and joined up legal tech innovation programme, The Singapore Academy of Law (SAL) today (10 January) formally launched its Future Law Innovation Programme (FLIP), a two-year pilot that forms part of a wider bid for Singapore to become the tech hub of Asia.
Heads up legal tech startups, Mishcon de Reya has today (9 January) opened a second round of applications for it technology incubator MDR LAB. Open to early stage and growth technology start-ups, applications are welcomed from companies at concept through to revenue-generating stage, as long as the product or service is applicable to the legal industry.
A member of the team behind consumer legal support forum LegalBeagles has launched a new legal search and comparison site – JustBeagle – having raised £970,000 in seed round financing from high net worth investors.
Legatics is an end-to-end deal platform designed to cut out deal administration and with an immediate focus on automating the conditions precedent process. The company was this year selected to be part of the first wave of startups in Allen & Overy’s tech hub Fuse and was nominated for a Legal Geek startup award. Here’s what you need to know.