Legal Tech M&A
DocuSign To Acquire Clause, the Smart Contract Pioneer
As predicted by Artificial Lawyer, DocuSign is to acquire smart contract pioneer Clause. The deal will see DocuSign gain Clause’s IP, with its team, led …
Legal Tech M&A
Relativity Buys Text IQ to Boost NLP Capabilities
Relativity, the eDiscovery and compliance pioneer, has bought New York-based Text IQ, a company that has developed a strong capability in natural language processing (NLP) and what it calls Socio-Linguistic Hypergraphs. (See Relativity’s in-depth responses to Artificial Lawyer’s questions below.) …
Doc Automation/CLM
Avokaado Targets UK Growth With Advantage Consulting
Document automation/CLM platform, Avokaado, which is based in Estonia but has built a pan-European client base since launching five years ago, is now targeting growth …
Crowdsourced Innovation
Crowdsourcing Innovation – One Law Firm’s Experience
UK-based DAC Beachcroft (DACB) is crowdsourcing ideas from across the law firm to develop innovation projects for the business and its clients. Artificial Lawyer caught …
Alternative Careers
Alternative Careers? Not So Important For US Law Students
A survey of US law students on how they choose law firms for summer associate roles has found that alternative career paths are not seen as an important factor. It also found that few students are listening to advice from their law school professors in this area. …
Law Firm Innovation
Linklaters + iManage Build Time-Saving Funds Tool
Linklaters has launched a time-saving tool called MFNiQ that moves the laborious challenge of comparing side letters in funds work from a task that ‘took …
Doc Automation
Wilson Sonsini Picks Contract Mill For ‘Build-A-Bot’ Project
Leading tech-focused law firm Wilson Sonsini has picked Finland-based doc automation system, Contract Mill, as its partner for this year’s ‘Build-A-Bot’ project for summer associates. …
Doc Automation
Clifford Chance Launches Startup Doc Automation Suite
Global law firm, Clifford Chance, has launched a suite of automated documents called VIMA Solutions to help startups with their legal needs. The project has …
Contracting
Why Procurement Contracting Seems Harder Than Sales – But Shouldn’t Be!
By Lexical Labs When it comes to negotiating a contract for buying goods or services, the seller has it easy! It is not uncommon for …
Legal AI
Baker McKenzie Searches for AI ‘Judgement’ Project Leaders
Global law firm, Baker McKenzie, is looking for two experts in the field of machine learning and the law to lead their legal AI project …