Eve, an AI platform for plaintiffs’ law firms, has raised $103 million in Series B funding at over a $1 billion valuation, it said today. The round was led by Spark Capital, with participation from existing investors Andreessen Horowitz, Lightspeed Venture Partners, and Menlo Ventures. This follows the company Series A raise of $47 million
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AI Contracts Company SimpleDocs Acquires Law Insider and Its Extensive Library of Contracts and Clauses
Content is the raw material of generative AI, so it only makes sense that an AI-driven contract automation platform would want to acquire what is said to be the world’s largest database of contracts and clauses. That is exactly what happened today as SimpleDocs, a company with an AI contract drafting, redlining and review platform,
Guest Column: Is Harvey Playing A Different Game In Legal AI?
A Reddit post last week ignited a firestorm of speculation across the legal industry about the long-term prospects of legal AI company Harvey, with some dismissing it as little more than a ChatGPT wrapper. But is that criticism missing the point? In his latest column for LawNext, legal tech strategy consultant Ken Crutchfield argues that
Case Status Launches Client Intelligence, An AI Platform to Transform the Client Experience
The legal technology company Case Status today unveiled Client Intelligence, an AI-driven platform that the company says represents a significant shift from reactive client management to predictive client engagement. The company announced the launch earlier today at its inaugural Client Experience Summit in Charleston, S.C., positioning the platform as a “system of action” rather than
Legal Aid Organizations Embrace AI at Twice the Rate of Other Lawyers, New Study Reveals
A study examining artificial intelligence adoption in legal aid organizations has revealed that these resource-constrained nonprofits are embracing AI technology at nearly double the rate of the broader legal profession, driven by the urgent need to serve millions of underserved Americans. The survey, The AI Advantage: How Technology Can Help Bridge the Justice Gap, was conducted
Guest Column: As AI Helps Close the Justice Gap, Will It Save the Legal Profession or Replace It?
Will AI create a golden age for lawyers — or make them obsolete? In her latest column for LawNext, AI strategist Jennifer Case explores a fascinating paradox: As AI tools lower barriers to legal services, they are simultaneously creating more legal work and potentially eliminating the need for lawyers altogether. The numbers are stark: 92% of
Briefpoint Launches Autodoc: AI Tool Automates Responses to Document Requests in Discovery (Plus A Video Demo, Plus Priority Access)
Briefpoint, a legal technology company that uses AI to automate much of the drudgework of propounding and responding to discovery requests in litigation, today introduced Autodoc, a new AI-powered feature that automates the process of responding to document-production requests — finding and assembling the responsive documents in seconds and drafting the fully formatted response, ready
AI Tools Match Or Exceed Human Lawyers in Contract Drafting Benchmark Study
Artificial intelligence tools matched or exceeded human lawyers in producing reliable contract drafts in the first comprehensive benchmarking study comparing AI against legal professionals, according to research published this week. The study, Benchmarking Humans & AI in Contract Drafting, conducted by LegalBenchmarks.ai, found that human lawyers produced reliable first drafts 56.7% of the time, while
New Bluebook Rule On Citing to AI Generates Criticism from Legal Scholars and Practitioners
Has there ever been a time since the advent of legal reporting systems when citations have been under greater attack? Driven by their unwitting reliance on AI to generate legal briefs, lawyers seem to have forgotten everything they ever learned in law school about how to research and cite the law. Standing as a bulwark
A New Wrinkle in AI Hallucination Cases: Lawyers Dinged for Failing to Detect Opponent’s Fake Citations
A new decision from the California Court of Appeals adds an intriguing dimension to the growing body of AI hallucination sanctions cases, raising the question of a lawyer’s duty to detect fabricated, AI-generated citations — not in the lawyer’s own filings, but in an opponent’s. While the court did impose a $10,000 sanction on the