Legal technology (LegalTech) Stories - Page 20

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Legal technology (LegalTech) stories

Thomson Reuters launches CoCounsel 2.0 with enhanced GenAI features

Thomson Reuters launches CoCounsel 2.0, a next-gen AI assistant promising faster, more intuitive answers and new capabilities, enhancing efficiency across industries.

By Catherine Knowles • 4 min read • Wed, 21st Aug 2024

Artificial Intelligence

UK business author Dr John Bates urges AI rethink on Turing Test

Marking 70 years since Alan Turing's death, Dr John Bates suggests a focus on AI utility over human-like intelligence, spotlighting advancements and applications.

By Kaleah Salmon • 4 min read • Wed, 3rd Jul 2024

Generative AI

Nearly half of UK lawyers favour self-regulation of legal AI

Nearly half of UK lawyers favour self-regulation for AI in the legal industry, with 48% of firm lawyers and 50% of in-house lawyers advocating against government intervention, per Thomson Reuters.

By Shannon Williams • 3 min read • Wed, 12th Jun 2024

Generative AI

Litera partners with Microsoft to enhance legal tech with Copilot

Litera partners with Microsoft to revolutionise legal tech with AI-powered Copilot, enhancing efficiency and intelligence in legal practices using Microsoft 365.

By Catherine Knowles • 3 min read • Tue, 4th Jun 2024

Data Privacy

Nuix & Consilio expand seven-year partnership in legal tech

Nuix and Consilio have signed an expanded seven-year partnership, aiming to revolutionise data processing and document review through advanced technology solutions.

By Sean Mitchell • 2 min read • Sat, 25th May 2024

Artificial Intelligence

Litera & Microsoft partner to enhance legal tech efficiency

Litera, a key player in legal tech, teams up with Microsoft to develop a Microsoft Copilot integration, promising enhanced efficiency and a smarter user experience for lawyers.

By Kaleah Salmon • 3 min read • Mon, 6th May 2024

Generative AI

Half of ANZ lawyers trial generative AI despite lingering scepticism

Half of legal workers in Australia and New Zealand have tried AI tools, yet skepticism remains high, a survey by legal information provider LexisNexis has revealed.

By Catherine Knowles • 3 min read • Thu, 18th Apr 2024

Software-as-a-Service

CIBC finances Actionstep's acquisition of Soluno for legal tech move

CIBC Innovation Banking funds global legal software firm Actionstep's acquisition of Soluno, marking a pivotal investment in digitalising legal firm workflows.

By Sean Mitchell • 2 min read • Tue, 30th Jan 2024

Generative AI

Video: 10 Minute IT Jams - An update from Clio with Jack Newton

Jack Newton, who is the CEO and Founder of Clio, joins us today to tell us more about Clio and the future of the company.

By Tom Raynel • 1 min read • Fri, 10th Nov 2023

Software-as-a-Service

Video: 10 Minute IT jams - An update from InfoTrack

Brendan Smart, who is the Country Manager at InfoTrack, joins us today to tell us more about InfoTrack and what they are doing in APAC market. .

By Tom Raynel • 5 min read • Fri, 22nd Sep 2023

Data Analytics

Class announces launch of new CLR system through NowInfinity

Australian wealth accounting solutions provider Class has launched a new on-demand client legal review service on its platform, NowInfinity.

By Mitchell Hageman • 2 min read • Wed, 2nd Mar 2022

Unified Communications

Video: 10 Minute IT Jams - Who is VIQ Solutions?

VIQ Solutions MD, Matthew Fowler, discusses their AI-powered speech-to-text transcription services in TechDay's 10 Minute IT Jam.

By Nick Forrester • 6 min read • Wed, 17th Feb 2021

Unified Communications

Innovating legal: Why now & how intelligent automation can help

A wave of innovation is impacting every aspect of the legal profession, as the sector becomes more client-centred and future-focused.

By Staff Writer • 6 min read • Wed, 19th Aug 2020

Stories from Other Regions

Legal technology (LegalTech) stories

Digital Transformation

AI adoption gap widens between large & small UK law firms

A Thomson Reuters report reveals that 75% of top UK law firms promote AI use, compared to just 45% of those ranked 21-40, widening the tech adoption gap.

By Kaleah Salmon • 3 min read • Tue, 22nd Oct 2024

Customer Experience

Litera appoints Avaneesh Marwaha as new CEO

Litera has appointed Avaneesh Marwaha as CEO, aiming to enhance product innovation and customer experience in the evolving legal tech landscape.

By Imee Dequito • 2 min read • Tue, 22nd Oct 2024

Customer Relationship Management

Red Rain unveils major updates to RedView CRM for law firms

Red Rain's RedView CRM gets a major upgrade, offering new features to boost efficiency and insights for law firms. CEO Stephen Butler highlights unparalleled value.

By Sean Mitchell • 3 min read • Fri, 28th Jun 2024

Generative AI

Australian law firms shift pricing models amid economic changes

A new study reveals 51% of Australian law firms have restructured their fees, with 88% adopting Alternative Fee Arrangements amidst economic challenges.

By Shannon Williams • 3 min read • Tue, 28th May 2024