Funding for AI
August Bags $7m, OpenAI Exec Invests
August, the ‘first AI platform built specifically for midsize law firms’ – and previously called VecFlow, has raised $7m. It will provide configurable AI workflows …
AI + Legal Research
TR Launches ‘CoCounsel Legal’ With Agents + Deep Research
Thomson Reuters has launched what it’s calling ‘CoCounsel Legal’, which will include ‘Deep Research’ capabilities and support for agentic guided workflows. And you may then …
Legal Tech M&A
Elite Sold Again, Now To Francisco Partners
Thomson Reuters sold a majority stake in Elite in 2023 to the TPG private equity group, at the time pricing the legal payments platform at …
Africa + Legal Tech
Afriwise Buys LawExplorer In Africa Legal Tech Deal
We tend to focus on the US and UK – understandably – but there’s plenty of legal tech going on worldwide. In this case, Afriwise, …
Founder's Story
Laurel: From Time Keeping To A $100m Raise
A lot has happened since AL first met Laurel at Mishcon de Reya’s MDR Lab eight years ago. It’s changed its name, grown hugely, and …
The Big Picture
The AI Infra Boom: Another Industrial Revolution?
By John Nay, CEO, Norm Ai. Over the past two years, much of the conversation around AI has shifted from algorithms to atoms. Tech giants are ploughing money …
Funding
Blue J Bags $122m In Series D For Tax Research
Blue J, a legal tech and fintech company focused on tax research, has raised $122m in a Series D funding round. All well and good, …
Legal AI Milestones
Harvey Reaches $100m ARR + 42% of AmLaw 100
As Harvey reaches its three-year anniversary, the legal genAI pioneer told Artificial Lawyer it had hit several significant milestones: $100m ARR and over 500 customers …
AI Regulation
EU AI Code of Practice Is Now Live – Time To Act
By Wayne Cleghorn, Partner at Excello Law. Companies in the UK, EU, US and beyond must get a firm grasp of the AI systems they …
AI Principles
AI Manifestos: KPMG’s Trusted AI Principles
This site recently looked at Cooley’s AI Principles, in effect their legal AI manifesto. Now we take a look at Big Four firm KPMG and …