Evisort, an artificial intelligence-based contract management company, today announced that it has raised $4.5 million in seed funding.
In a post here in December, I write that Evisort “might just be the hottest legal tech and AI company you’ve never heard of.”
The funding round announced today was led by Village Global and
For some two decades, Mark Chandler has been a leading voice for innovation and technology in the operation of legal departments and the delivery of legal services. Executive vice president and chief legal officer at technology giant Cisco, he has been the company’s top lawyer since 2001 and a member of its legal department since
Making its official launch today is Infinnium, a software company that aims to redefine how law firms, corporations and other organizations interact with data in order to improve information management, information governance, regulatory and privacy compliance, and e-discovery.
The Chantilly, Va., company says it will develop software using artificial intelligence and machine learning designed
The UK company Luminance, an artificial intelligence platform for contract review, today announced that it has completed a Series B funding round of $10 million, at a valuation of $100 million.
The funding was raised from existing investors Invoke Capital, Talis Capital and Slaughter and May. The funds will be used to support product
“What if legal research was more human, more like a conversation, the kinds we have among ourselves?”
With that tantalizing query, Serena Wellen, senior director of research information at LexisNexis, revealed during a Legalweek media briefing that the legal research platform Lexis Advance will soon include chatbots to help guide users in their research.
The law firm Wilson Sonsini today announced the launch of SixFifty, a software subsidiary that will develop automated tools designed to make legal processes more efficient and affordable for individuals, small businesses and emerging companies.
Named to lead the new subsidiary are Kimball Dean Parker as president and Lincoln Porter as CTO.
Parker is
We thought 2018 was a banner year for investment in legal technology companies. But then, less than two weeks into 2019, the year got off to a roaring start with news of a $200 million strategic investment in Onit, a Houston company that provides enterprise workflow products for legal management, contract management and business
I spent last week at two conferences in New York City. First up was Legalweek, the rebranded version of the venerable Legaltech conference, an annual affair since 1982. Friday brought me to Inspire.Legal, a new “unconference” devoted to “inspiring creative new solutions” to “the most pressing problems facing our industry.”
While they were
OpenText, a Canadian company that specializes in enterprise information management, has acquired Denver-based e-discovery company Catalyst Repository Systems, a provider of e-discovery technology for corporate legal departments and top law firms.
The purchase price of the acquisition is approximately $75 million in an all-cash transaction, according to a statement by the company. Catalyst
Mark A. Cohen has long been ahead of the curve. After 25 years as an accomplished trial lawyer, he founded one of the first legal process outsourcing companies and then cofounded Clearspire, the groundbreaking two-company law firm and service provider that became the blueprint for a new generation of innovative legal services providers.
Now, Cohen
E-discovery company Relativity is today announcing new pricing and licensing options for its cloud-based RelativityOne product, reducing data fees by up to 50 percent, introducing a more flexible billing model for all RelativityOne customers, and creating a special licensing option for e-discovery service providers at a lower wholesale rate.
Today’s announcement encompasses five changes to
