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Law Firms + GenAI

Pinsent Masons Deploys ‘V7 Go’ GenAI Platform

5th August 2024 artificiallawyer Comments Off on Pinsent Masons Deploys ‘V7 Go’ GenAI Platform

International law firm Pinsent Masons is to deploy a new genAI automation platform, ‘V7 Go’, created by London-based V7 Labs, which provides AI products and …

Jevons Paradox

Jevons Paradox + Why GenAI Will Increase Legal Demand

1st August 2024 artificiallawyer Comments Off on Jevons Paradox + Why GenAI Will Increase Legal Demand

What if generative AI drives an increase in demand for legal services? What if Jevons Paradox applies here and by increasing the efficiency of legal …

GenAI Accuracy

Wolters Kluwer’s Human Solution to GenAI Inaccuracy

1st August 2024 artificiallawyer Comments Off on Wolters Kluwer’s Human Solution to GenAI Inaccuracy

Wolters Kluwer in Australia has a novel solution to genAI hallucinations and errors: don’t entirely trust it on its own. Instead, the company is providing …

GenAI + Disputes

Disputes Startup DecoverAI Bags $2m For Legal Research + Reasoning

31st July 2024 artificiallawyer Comments Off on 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. …

Conference

Save The Date: Legal Innovators UK – Nov 6 + 7

31st July 2024 artificiallawyer Comments Off on 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

31st July 2024 artificiallawyer Comments Off on 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

31st July 2024 artificiallawyer Comments Off on 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

30th July 2024 artificiallawyer Comments Off on 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

30th July 2024 artificiallawyer Comments Off on 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

29th July 2024 artificiallawyer Comments Off on 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 …

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