‘Legal departments are no longer places where people can say ‘I have to spend this money’. They have to have a budget and work to it,’ says Wenzel.
‘And the way to start [with financial management] is with collecting data. It is all about quantitative data,’ he adds. …
Breaking News: Nuix, a security, risk, and compliance software company, has today acquired the Ringtail eDiscovery software business from FTI Consulting for $55 million in further proof that the legal tech market is red hot at the moment for investment and M&A. …
Meet Author, the new legal AI system that is set to take on the world, created by a group in New Zealand called McCarthyFinch. To find out some more Artificial Lawyer interviewed founder and CEO, Nick Whitehouse, (see below). …
iManage has today announced the acquisition of business process company Elegrity, that works in the risk and compliance management space. The company, which is around 20 …
In what is the most significant sign yet of wide-scale adoption of the technology, online consumer law company, Rocket Lawyer, announced yesterday that it will be partnering with smart contract pioneer OpenLaw and blockchain developer ConsenSys, to roll out a variety of blockchain-based applications, starting off with a ‘Rocket Wallet’ to link to the Ethereum blockchain. …
For a conference firmly rooted in AI, blockchain and all things legal tech, I was surprised that the focus of ILTACON 2018 was predominantly human. Human successes, human failures, and human communities in this evolving world of legal tech. …
Google has announced the launch of a system to collect data from the Ethereum blockchain, including data on transactions from self-excecuting contracts. It will operate via its BigQuery enterprise data analysis platform. …
Leading Irish law firm, McCann FitzGerald, has added a further Neota Logic-based expert system to its suite of legal tools for clients, this time a Director Compliance …
Preventive risk system, Intraspexion, has increased the capabilities of its ‘pre-crime’ legal review tech. Named by Artificial Lawyer – part in jest, and part seriously …
Legal AI pioneer Kira Systems has announced a $50m investment from Insight Venture Partners, making it the largest ever funding of an AI company in this sector, and one that will undoubtedly accelerate the company’s growth. …
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