Rumors had been swirling that Thomson Reuters was about to acquire Casetext, and they proved to be true.
Just before 9 p.m. Eastern time today, TR said it had signed a definitive agreement to acquire Casetext for $650 million cash.
“The proposed transaction will complement Thomson Reuters existing AI roadmap and builds on its recent…
The legal technology company Casetext celebrates its 10th anniversary today. In a blog post the company published today, it describes itself as “a ten-year overnight success.” That sums it up well. Like many startups, its path to success has taken it on detours along the way. The company it started as in 2013…
Now in its 10th year in business, Casetext has introduced a series of unique products over the years that have cemented its reputation as a leading innovator in legal technology and AI. Now, at time when seemingly every legal tech developer is rushing to incorporate the GPT…
Remember earlier this year when two legal scholars and scientists had GPT 3.5 take the multiple-choice portion of the bar exam and it failed to pass? Well, the second time’s a charm, as GPT has now passed not only the multiple-choice portion, but also the essay portion, and scored around the top 10% of…
With the legal industry consumed with interest in generative AI and legal tech companies scrambling to incorporate the technology into their products, it was a sure bet that, sooner rather than later, Casetext would come out with a product of its own.
After all, this is the company that had already launched the powerful neural…
For all the advances made in the science of legal search, we are – as Pablo Arredondo, cofounder and chief innovation officer of Casetext likes to say – stuck in the keyword prison.
Virtually all search tools – whether for legal research, e-discovery review, document review, or anything else – are confined to…
Last year, I wrote here about the beta release by Casetext of a powerful search tool, WeSearch, developed using an emerging branch of artificial intelligence known as neural networks, that is remarkably adept at finding conceptually related documents, even when they contain no matching keywords.
Now, Casetext is formally launching that search tool…
The legal research company Casetext has raised $25 million in a Series C funding round, bringing its total amount raised to $64.3 million since its founding in 2013.
Although the company has not publicly announced the funding, it filed a notification with the Securities and Exchange Commission on Jan. 7, 2022, documenting the…
LexFusion, the company that launched last October as a go-to-market collective of legal technology companies, has added legal research company Casetext to the roster of companies it represents.
LexFusion is seeking to change the paradigm for how law firms and legal departments purchase technology by serving as the go-to-market representative of companies that it…
A first-of-its-kind tool introduced last year to automate the drafting of litigation briefs has been named new product of the year for 2021 by the American Association of Law Libraries.
The product, Compose, introduced in February 2020 by legal research company Casetext, helps attorneys automate the creation of the first draft…
Last year, the legal research company Casetext launched Compose, a first-of-its-kind product that uses artificial intelligence to help create the first draft of a litigation brief in a fraction of the time it would normally take.
Interest in Compose was so great that it somewhat overshadowed Casetext’s release of a product that formed a…
Legal research company Casetext is further extending Compose, its first-of-its-kind automated brief-drafting product, to cover a new practice area, products liability involving pharmaceuticals and medical devices.
Launched by Casetext last February, Compose helps automate the creation of the first draft of a litigation brief, significantly cutting the time the draft would normally…
Robert Ambrogi Blog
