GenAI + Disputes
Disputes Startup DecoverAI Bags $2m For Legal Research + Reasoning
DecoverAI, a new genAI-based legal tech startup that formed only last year, has raised $2 million in a Seed funding round led by Leo Capital. …
Month: July 2024
Conference
Save The Date: Legal Innovators UK – Nov 6 + 7
Save the date! Legal Innovators UK takes place over two days in London on November 6th and 7th. As always, we will be super-focused on the …
State Funding
Definely Bags £585K from State-Backed Innovate UK
British tax payers have kindly donated £585,000 ($750,000) to legal tech company Definely, via a Government-backed Innovate UK grant. The additional cash follows an earlier …
Deal Management
Product Walk Through: Litera Transact – Deal Management Platform
This week’s Product Walk Through is about Litera Transact, the transaction management platform. As the company explains, Litera Transact ‘seeks to bring flexibility, speed, and …
GenAI Accuracy
Paxton Hits 94% Accuracy On Stanford GenAI Benchmark
Legal genAI company Paxton AI has announced it has achieved ‘93.82% average accuracy on tasks in the Stanford Legal Hallucination Benchmark’. The company has also …
Global Legal Tech
Harvey Enters Japan With Leading Law Firm Mori Hamada
Legal genAI pioneer Harvey has struck a deal with leading Japanese law firm Mori Hamada & Matsumoto (MHM), believed to be its first in the …
Legal Tech M&A
Litera Buys FileTrail Info Governance Company
Litera has bought FileTrail, an information governance and records management company, for an undisclosed sum. US-based FileTrail is around 24 years old and works across …
Bad GenAI
ODI Targets GenAI’s Lack of Data Transparency
The Open Data Institute (ODI), a non-profit think tank co-founded by Sir Tim Berners-Lee, has launched an ‘AI Transparency Index’ and made five key recommendations …
Law Firm Innovation
Hélder Santos, Bird & Bird: ‘This Is A Journey’
Hélder Santos first had a taste of tech in the legal world 25 years ago, when his brother asked if he could help his firm …
Legal Research
Descrybe.AI – On A Mission To Democratize Legal Research
In this week’s AL TV Product Walk Through we take a tour of descrybe.ai a free genAI-powered legal research tool built by Richard DiBona and Kara …