Legal Operations

Agiloft launches AI Trainer to deliver “fully individualised AI contract analysis”

Agiloft launches AI Trainer to deliver “fully individualised AI contract analysis”

Legal IT Insider speaks to Agiloft’s chief product officer Andy Wishart about the new release Contract lifecycle management vendor Agiloft today (15 August) announced the release of AI Trainer, which
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Litera unveils new gen AI capabilities in Kira, led by smart summaries 

Litera unveils new gen AI capabilities in Kira, led by smart summaries 

Litera announces today (15 August) new generative AI features in Kira, it’s AI-powered contract review and analysis software, led by smart summaries that will help legal professionals to speed up the
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Guest post: Why effective AI is a core tool for creating a modern legal department 

Guest post: Why effective AI is a core tool for creating a modern legal department 

By Hugo Seymour In my previous article, we discussed how hidden risks in a contractual stack can lead to lost revenue and sleepless nights for in-house legal teams. We also
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Dentons’ UKIME innovation head says private ChatGPT fleetAI could be alternative to Copilot 

Dentons’ UKIME innovation head says private ChatGPT fleetAI could be alternative to Copilot 

We speak to Dentons’ UKIME head of innovation Joe Cohen about the global law firm’s launch of its proprietary version of ChatGPT and what the roadmap looks like. Dentons at
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Exclusive: Syncly closes seed funding round led by Stuart Barr 

Exclusive: Syncly closes seed funding round led by Stuart Barr 

Sydney-headquartered legal data management and governance platform Syncly has closed a seed funding round led by Stuart Barr, the former chief product & strategy officer of HighQ, who will become
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Guest post: How implementing AI guide rails today will benefit society tomorrow

Guest post: How implementing AI guide rails today will benefit society tomorrow

By Kriti Sharma, chief product officer for legal tech at Thomson Reuters In June of this year, members of the European Parliament (MEPs) voted on the adoption of the draft
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Analysis: Why signature scraping means CRM systems are now capable of delivering real transformation

Analysis: Why signature scraping means CRM systems are now capable of delivering real transformation

Neil Cameron explores how signature scraping technology has transformed increasingly inaccurate client relationship management systems into hugely valuable data repositories that are capable of capturing  every form of interaction with
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LexisNexis announces updates including release of Lexis Create in the US and new plugin for Microsoft Copilot 

LexisNexis announces updates including release of Lexis Create in the US and new plugin for Microsoft Copilot 

LexisNexis today (2 August) announced a raft of updates on its partnership with Microsoft, including the availability in the US of intelligent drafting tool Lexis Create and a new Create
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Consilio to acquire LOD and SYKE in major expansion of its enterprise legal services business

Consilio to acquire LOD and SYKE in major expansion of its enterprise legal services business

eDiscovery vendor Consilio is set to acquire flexible legal services provider Lawyers On Demand (LOD) and SYKE, the UK headquartered legal technology consultancy that LOD invested in in 2021. The
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Guest post: The hidden clause – The poisoned needle in a haystack

Guest post: The hidden clause – The poisoned needle in a haystack

By Hugo Seymour      A lot has been said about how today’s in-house legal departments can improve and modernise by becoming more data-driven and, of course, more agile. Much of this
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Everlaw unveils gen AI assistant to help with document review and first drafts 

Everlaw unveils gen AI assistant to help with document review and first drafts 

US cloud e-discovery provider Everlaw today (25 July) announces its Everlaw AI portfolio with newly released generative AI features available in a beta. The three new features are: Review assistance
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LexisNexis launches InterAction+ true cloud CRM solution – Our analysis

LexisNexis launches InterAction+ true cloud CRM solution – Our analysis

With this key new product release of InterAction+ today (25 July), LexisNexis fulfils its promise as set out in our CRM Survey earlier this year to release a true, full
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Disconnect grows between law firm service and client expectation, survey finds

Disconnect grows between law firm service and client expectation, survey finds

The future of the legal sector is a cause for concern among legal professionals in the U.K., with large swathes of in-house and private practice lawyers saying they believe that
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ICYMI: Elevate secures $40m in debt financing from Runway Growth Capital

ICYMI: Elevate secures $40m in debt financing from Runway Growth Capital

Runway Growth Capital last week announced that it has closed a $40m loan to Elevate Services to refinance its existing debt and provide additional working capital.   According to Crunchbase,
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Meta’s new open source large language model Llama – what you need to know 

Meta’s new open source large language model Llama – what you need to know 

Meta (or Facebook, as most of us still think of it) this week announced the availability of Llama 2 (Large Language Model Meta AI 2), the next generation of its
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Microsoft announces pricing for Copilot at $30 per user, per month + unveils Bing Chat Enterprise 

Microsoft announces pricing for Copilot at $30 per user, per month + unveils Bing Chat Enterprise 

One IT leader at a UK top 50 law firm tells Legal IT Insider: “At that price point, on top of the inevitable price hike on renewal of the M365
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Clyde & Co revealed as Luminance’s seven-figure subscription deal, using AI to automate claims handling 

Clyde & Co revealed as Luminance’s seven-figure subscription deal, using AI to automate claims handling 

We speak to head of digital Ben Parsons and fraud partner Damian Rourke about the work that Clyde & Co has done with Luminance to automate the review of incoming
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