Technological advancements are reshaping industries and creating new ways of working, from the rise of the cloud to 5G and the mass adoption of large-language models and AI. But law firms, typically known to be slow to change and risk averse, are grappling with their own challenges alongside these advancements—paper-based documentation and fax machines are…
Launching Today: Traact Is An All-in-One, ‘Tech First’ Platform for Managing Corporate Legal Functions
Handling corporate functions such as entity management, board management and matter management can be complicated and time-consuming. But for corporate legal departments seeking to automate these functions, their choice of products is largely limited to point solutions, requiring multiple, siloed products to address multiple functions. Even worse, some of the available products are antiquated applications…
If You Missed Our Legaltech Week Tribute to Monica Bay, Here’s the Video, Along with the Chat Transcript
We devoted last Friday’s Legaltech Week to a tribute to Monica Bay, the longtime editor-in-chief of Law Technology News, who died last week from complications from a neurological disease. In addition to sharing our own remembrances, we invited members of the audience to come on cam or mic and share theirs.
Among those who did…
On LawNext: Did Using EyeLevel.ai Cause Pras Michel’s Lawyer To Botch His Defense? Cofounder Neil Katz Says That Is ‘Total Nonsense’
Did Pras Michel’s lawyer botch his defense by relying on an AI program to create his closing argument? That’s what the former Fugees rapper claims in asking a court to overturn his April conviction in an illegal foreign influence scheme.
Michel says his lawyer, David Kenner, made a “frivolous and ineffectual” closing…
Down to the Wire: Deadline for Applications is Friday, Nov. 10, for ABA TECHSHOW Startup Alley
Legal tech startups: Don’t miss out! Friday is the deadline to apply for a spot in the Startup Alley competition at the American Bar Association’s TECHSHOW 2024, which takes place in Chicago Feb. 14-17, 2024.
Out of all the entries received, 15 startups will be selected to participate in a live pitch competition that will…
Exclusive: Economic Optimism Among Smaller Law Firms Drives Increased Spending, But They Still Face Challenges Meeting Client Demands, New Survey Finds
Even amid a highly variable and possibly decelerating U.S. economy, smaller law firms are showing greater optimism about their futures, as evidenced by the face that they are either maintaining or increasing their 2023 budgets across most key categories, according to a survey report released today.
More than 75% of firms are either maintaining their…
Friday on Legaltech Week: Bring and Share Your Monica Bay Stories and Celebrate Her Life
In the wake of this week’s heartbreaking news of the death of legal tech icon Monica Bay, it has been heartwarming to see how many lives she touched and friends she made over her nearly 20 years as editor-in-chief of Law Technology News and 30 years at ALM.
Now, I’d like to invite you…
Thomson Reuters Teases Generative AI Updates to Westlaw Precision Coming Nov. 15
Thomson Reuters said today that it will unveil generative AI enhancements to its flagship legal research product Westlaw Precision on Nov. 15 that will build on its $650 million acquisition of Casetext last June.
TR said it is taking a “best of” approach to product development, leveraging Casetext to accelerate the time for bringing…
Introducing LawNext PR, Our New Podcast for Legal Tech News, and A Chance to Win A $50 Gift Card
Many readers of this blog already follow my LawNext podcast, where I interview the “innovators and entrepreneurs who are driving what’s next in law,” and our Legaltech Week podcast, where a panel of journalists dissects the week’s news in legal tech and innovation.
Today I want to let you know about a new…
How It Works: iManage Tracker, iManage’s Fully-Integrated, Matter-Centric Task Management Service
Today in the LawSites video series How It Works, we get a demonstration of iManage Tracker, a matter-centric task management service to capture and manage tasks, track progress, and get work done – all integrated within iManage Work.
Joining me to demonstrate how it works is Becky Bloom, senior product manager and attorney at…
On LawNext: Unpacking the 2023 Clio Legal Trends Report, with Joshua Lenon, Clio’s Lawyer in Residence
On Oct. 9, during the Clio Cloud Conference in Nashville, the law practice management company Clio released the 2023 edition of its annual Legal Trends Report. Since it was first published in 2016, the report has established itself as a benchmark of the…
I Am Deeply Saddened To Report The Death Of Monica Bay: Friend, Mentor and Role Model to So Many in Legal Tech
For nearly two decades, one person reigned supreme over the world of legal technology. Such was Monica Bay’s prominence and influence that, when she retired in 2015 after 17 years as editor of Law Technology News, Thomson Reuters honored her with her name and image emblazoned above Times Square. As a dear friend, trusted mentor,…