Artificial Lawyer – Page 319 – Legal Tech & AI News and Views
Aug 1, 2016 · 22nd July 2016 artificiallawyer 1. Artificial Lawyer recently caught up with Sergey Nazarov, CEO of San Francisco-based SmartContract.com. Nazarov’s company launched in November 2014 at the DEMO conference in San Jose, …. Blockchain.
From Tinder to Legal AI – LegalFly Bags €15m - Artificial Lawyer
Jul 16, 2024 · A team previously with Tinder has raised €15m in a Series A round for their genAI-based contract review and drafting platform, LegalFly. Notion Capital led the raise, which comes just eight months after their €2m Seed round that included Mehdi Ghissassi, Director of Product at Google Deepmind. So, there’s the money.
LawGeex: The Inside Story of the Superlegal Restructure
Sep 12, 2022 · Contract review pioneer, LawGeex, has split its business into two parts, the existing brand for large companies and a new entity for small ones: Superlegal. Artificial Lawyer spoke to CEO Noory Bechor about the changes that will see around one third of staff leave (see interview below).. First, some context. LawGeex has a special place in legal tech as it was arguably one of the first ‘legal ...
France’s DiliTrust Buys doeLEGAL For US Expansion
Sep 25, 2024 · In a sign of continued consolidation in the legal tech sector, Paris-based DiliTrust, a multi-capability platform for corporates, has bought Delaware-based Enterprise Legal Management (ELM) software company doeLEGAL. The deal also gives the French company its first major base in the US. The deal follows yesterday’s news that ALSP Elevate is ...
GenAI Benchmarks Initiative – Key Points From First Meeting
Aug 6, 2024 · Craske and colleagues have now boiled the four steps down to: ‘ (1) a transparency commitment; (2) agreed methodologies; (3) defined use cases; (4) kitemark / third party verification.’. When asked which one people preferred to aim for, most said 2 or 3. This is because moving from zero to a kitemark would be very hard to achieve.
BREAKING NEWS: Law Company Elevate Buys Redgrave Data
24th September 2024 artificiallawyer M&A Comments Off. Elevate has today announced the acquisition of Redgrave Data. It follows the May acquisition of the CJK Group. Founders Mollie Nichols, Scott Culbertson, Dave Lewis, Mark Noel, and Lindsey Worth will all join the Elevate management team. Redgrave Data is a legal data and AI consulting and ...
AL Interview: Ravel and the AI Revolution in Legal Research
Jan 23, 2017 · According to crunchbase, Ravel has received over $9.2m in funding since its launch in 2012, with $8.1m of that coming in 2014. And although it does not make public its prices, as the software’s renown grows and more law firms use it, the more it will be able fund further growth and new innovations to its applications.
The Kira Systems Guide to AI-Driven Contract Analysis
Sep 19, 2019 · The Technology Behind Contract Analysis Software. Essentially, companies offering automated contract abstraction systems base their extraction systems on one of two very different technologies: Rules-Based Systems (aka, keyword search) A) This allows for the creation of manual “rules” (such as Boolean search strings) that describe the ...
Legal Innovators – Zach Abramowitz: Where Is GenAI Now?
Oct 1, 2024 · The change in lawyer’s perception of genAI from 2022 to 2023, to now. And as Zach puts it: ‘ Transformer models are truly transformative.’. How we now have a K-shaped reaction to genAI – with many lawyers adopting it enthusiastically, while some head in the opposite direction and actively choose to ignore it. Moving beyond one-off Q&As ...
Leya AI Assistant Bags $10.5m Seed Funding For Q&A, Review
May 16, 2024 · Legal tech startup Leya, which was only founded last year, has raised $10.5m in a Seed round led by Benchmark’s Chetan Puttagunta, who is also joining the board.Hummingbird, SV Angel and Y-Combinator also invested in the genAI multi-feature legal assistant. In a statement to Artificial Lawyer, Max Junestrand, CEO and co-founder, said: ‘Leya was built on the belief that the legal profession ...