Robert Ambrogi Blog
A new Silicon Valley legal technology accelerator launched by LexisNexis today named five startups selected to be its first participants.
As I wrote here in December, LexisNexis launched the accelerator to help give legal tech startups a leg up. It is based in the Menlo Park offices of Lex Machina.
The five participants were chosen from a list of more than 40 startups based on the interesting natures of their businesses and their innovative uses of technology, LexisNexis said. They are:
- Visabot. An “immigration robot” powered by artificial intelligence that helps customers complete U.S. visa applications, including locating relevant open data about an applicant, guiding applicants in the process of gathering supporting documents, ensuring forms are filled out accurately, and drafting appropriate language to tell the applicant’s story.
- TagDox. A legal document analysis tool that creates tags, allowing users to identify and structure information in a variety of document types, improving both the speed and the quality of the document review process; “tag results” can transform documents into easily readable summaries, checklists, database feeds or approval overviews.
- Separate.us. A web-based application that automates legal document preparation for divorces and provides access to relevant professionals at affordable fixed rates, deploying a business model that targets both B2B and B2C customers.
- Ping. An automated timekeeping application that collects all of a lawyer’s billable hours, capturing missed time and money, and operating entirely in the background in concert with standard legal billing software.
- JuriLytics. An expert witness peer review service that attorneys can use to challenge their opponent’s experts with previously unobtainable credibility and bullet-proof their own expert’s work through vetting from the world’s top researchers (in any field of expertise).
The 12-week program is intended to help participants gain knowledge and expertise in a variety of topics, including technology and product development, running an agile product development organization, building a strong company culture, selling to legal departments and law firms, leveraging legal data, and best practices in customer success, marketing and fundraising.
In addition, they will have access to the full store of legal data available through LexisNexis and the ability to leverage relationships with Stanford University and other leading Bay Area schools, businesses, VCs and influencers.