Flexible lawyering start-up Lexoo secures $4.4m for business development overhaul

This article was written by Tom Baker for Legal Business. The original article can be found at: https://www.legalbusiness.co.uk/blogs/part-of-a-wider-trend-flexible-lawyering-start-up-lexoo-secures-4-4m-for-business-development-overhaul/ Often described as the legal equivalent of Uber, flexible lawyering start-up Lexoo has secured $4.4m in financing to overhaul its global business development. The backing has been led by investment house Earlybird with additional financing from Forward Partners[…]

Walmart: AI Legal Tech in Action

This article was written by Stephanie Forshee for Corporate Counsel. The original article can be found at: https://www.law.com/corpcounsel/2018/05/07/the-ai-tech-thats-saving-walmarts-in-house-lawyers-time/?kw=The%20AI%20Tech%20That%27s%20Saving%20Walmart%27s%20In-House%20Lawyers%20Time&et=editorial&bu=Corporate%20Counsel&cn=20180507&src=EMC-Email&pt=AfternoonUpdate Walmart Inc.’s litigators have found a way to reduce the time spent on answers and initial discovery dramatically—by about 60 to 80 percent. That’s according to Alan Bryan, Walmart’s senior associate GC of legal operations and outside counsel management, who is championing[…]

The Promise and Reality of Legal Tech

This article was written by Abbott Martin for Corporate Counsel. The original article can be found at: https://www.law.com/insidecounsel/2018/04/12/the-promise-and-reality-of-legal-tech/?kw=The%20Promise%20and%20Reality%20of%20Legal%20Tech&et=editorial&bu=Corporate%20Counsel&cn=20180423&src=EMC-Email&pt=InsideCommentary The news is filled with stories highlighting the promise of new technologies—machine learning, AI, blockchain—for the practice of law. Unfortunately, legal department experience with technology has not continually matched the headline aspiration. In fact, less than half of legal department users think[…]

The big questions around automation

Technology is evolving so fast that sometimes it’s hard to comprehend the enormity of what’s now possible. In just a few years, we’ve grown used to having a world of knowledge in the palm of our hand, instant connectivity with nearly anybody around the world, and the power to broadcast our thoughts to thousands of[…]

New rivalries emerge as law firms race to innovate ahead of GDPR deadline

New regulation is often said to stifle business. The opposite is happening for legal services providers in response to the General Data Protection Regulation (GDPR), which will kick in next year. The GDPR changes how companies that do business in Europe can share and store personal data. It is also providing a glimpse into what a legal[…]