Bloomberg Law has launched two new generative AI-powered research tools – Bloomberg Law Answers and Bloomberg Law AI Assistant – marking the company’s most significant foray into providing its customers with AI-enhanced legal research capabilities. While Bloomberg Law had previously rolled out targeted gen AI applications, such as AI-powered complaint summaries on dockets, these new
Two prominent public relations and marketing firms serving the legal industry announced notable artificial intelligence initiatives this week, signaling a potential transformation in how legal marketing and communications services are delivered. Edge Marketing and Limelight, both firms that specialize in legal industry communications, revealed plans to integrate AI technology into their service offerings, with Edge
Paxton, an artificial intelligence platform serving the legal industry, has raised $22 million in Series A funding, bringing its total funding to $28 million, it said today. The round was led by Unusual Ventures, with participation from Kyber Knight, 25Madison, and WVV Capital. The Oregon-based company offers AI-powered legal assistant tools for legal research, document
Generative AI presents a generational opportunity for legal aid organizations to address the justice gap, keynote speaker Laura Safdie told the roughly 350 people who convened in Phoenix on Sunday for the inaugural AI for Legal Aid Summit. Noting data showing that more than 90% of civil legal needs go unrepresented, Safdie (pictured above), former
If context switching is the bane of AI adoption in law firms, legal technology company Syntheia may just have the balm. Recognizing that lawyers spend much of their days in email, it has developed an AI-powered document analysis tool that allows lawyers to obtain summaries and insights from legal documents by simply forwarding them from
Eve, an AI platform for plaintiffs’ law firms, has raised $47 million in Series A funding, in a round led by major venture capital firm Andreessen Horowitz (a16z), with participation from Lightspeed Venture Partners and Menlo Ventures. The company says the investment will support its rapid market growth and drive its product development and expansion.
The contract lifecycle management company Agiloft today said it has acquired Screens, developer of a generative AI contract review and redlining product that uses expert-created and auto-generated playbooks to “screen” and redline contracts. “This strategic acquisition will enhance Agiloft’s data-first Agreement Platform and contract management capabilities, by standardizing the contract review process, promoting consistency, and
Epiq Global announced today the launch of Epiq AI Discovery Assistant, an artificial intelligence-powered platform that aims to automate significant portions of the document review process, along with the formation of Epiq AI Labs, a research initiative focused on developing advanced AI technologies for legal applications. To lead the new lab, Epiq has hired AI
It says something about our collective attitude towards generative AI in legal that this blog’s most-read story of the year was about lawyers getting sanctioned for hallucinated case citations. In fact, it will probably not surprise you to learn that, of my 40 most-read stories of the year, 24 involved generative AI in some way.
The Illinois Supreme Court today released a policy on the use of generative AI in the courts that authorizes its use by attorneys, judges, court staff and others, provided the use complies with legal and ethical standards. The Illinois Supreme Court AI Policy, which will take effect Jan. 1, emphasizes that attorneys, judges and self-represented