Sunday LegalTech Review — 13th January 2019
ABA Survey: Only 10 Percent of Law Firms Are Currently Using AI
LegalTech News reports that an American Bar Association’s report found that only 10 Percent of Law Firms are Currently Using AI, and that AI usage is greater among large firms, while smaller firms are uncertain about what benefits AI offers law.
Podcast: Making Legal Research Better, with Judicata Founder Itai Gurari
In this episode of LawNext, Itai Gurari speaks with host Bob Ambrogi about his thoughts on legal research, artificial intelligence, and what his tool Clerk has revealed about the quality of legal briefs.
Elevate acquires Halebury
Elevate has acquired legal consultancy and resourcing firm Halebury as announced in a Halebury press release.
Janvi Patel, co-founder of Halebury noted that: “Both businesses were founded by entrepreneurs with a track record of pioneering alternative legal solutions for clients tired of traditional models and inefficient methods. Now clients have access to the combined expertise of a trailblazing innovator of legal resourcing and the technology and services of the market-leading law company.”
Welcome to GROWL — The Global Rise of Women in LegalTech Initiative
Artificial Lawyer reports that the Global Legal Hackathon (GLH) has announced the launch of GROWL, or the Global Rise Of Women in LegalTech initiative. Its goal is to ‘support up-and-coming women leaders in legal innovation around the world‘ and will be an integral part of this year’s event taking place February 22–24.
Third Class of Start-Ups Graduate from LexisNexis Legaltech Accelerator Program
A LexisNexis press release notes that six new technology start-ups have graduated from its 12-week Legaltech Accelerator Program, which helps promising companies quickly gain traction in the rapidly evolving legal tech industry.
The six recent participants in the LexisNexis Legaltech Accelerator Program include:
Attune Capital Group, which identifies metrics from transaction agreements in order to determine and monitor “what is market” for selected transaction parameters across different types of transactions over different time periods.
Digitory Legal, which uses artificial intelligence to transform and analyse billing data and create predictive pricing models for complex legal work, helping customers effectively manage budgets and resources throughout the life of their matters.
Disputly, which helps California residents quickly recover their security deposits.
Justis Connection, which connects top legal talent of colour to local residents of colour, empowering communities through active engagement and education that teaches fundamental rights and responsibilities in the law.
Procertas, a competency-based learning platform with an initial focus on helping legal professionals and law students develop proficiency with core technology tools like Microsoft Word and Excel and Adobe Acrobat.
Specifio, which is changing the way patent applications are created through advanced natural language generation.
LitiGate raises $1.5 million in investment
Legal documents analysis platform Litigate has raised $1.5 million as reported in Calcalist. According to the article, funding has come from the Time Incubator, the Rudium investment fund and Shibolet law firm.
Singapore to Launch Automated Litigation Work Platform For Prosecutors, Set to Embrace AI
Artificial Lawyer reports that Singapore’s main prosecuting body, the Attorney General’s Chambers, or AGC, which looks after crime and financial sector cases, is to launch an automated litigation analysis work platform to improve efficiency in its courts. It is also set to embrace large scale text analytics for major evidence reviews.
Third Edition of The Legal Technologist out now
The January edition of The Legal Technologist is available now, including an article on where to find practical information on using legal tech and another on cloud considerations for lawyers.
The Case for a Legal IDE
Samuel Harden makes the case in Law Practice Today for a legal Integrated Development Environment (IDE), noting that “as clients demand more efficiency as well as data-driven legal practice, the case for becomes clear”. To do some would require better integration between various legal tools.
AI Litigation Analytics: A Fad Or The Future?
Nicole Black takes LexisNexis’ Context out for a spin in Above the Law, looking at how litigation analytics will change the practice of this area of law.
“Nine in ten legal tech start-ups will fail”
Nick Hilborne reports in Legal Futures that nine in ten legal tech start-ups will fail and private equity will target alternative legal services providers (ALSPs), according to global legal outsourcer Exigent.
Photo by Irina Iriser on Unsplash
Originally published at Technomancers — LegalTech Blog.
