AI applications in the legal sector, covering contract analysis, regulatory compliance, litigation support, and legal research tools.
The MedLegal Professor, led by Nikki Mehrpoo, has launched the EEE AI Governance Protocol, a compliance framework for licensed professionals and regulated industries, announced in a press release.
Clarivate has launched an AI-powered Regulatory Assistant within its Cortellis Regulatory Intelligence platform, designed to streamline regulatory processes for professionals in biopharma, medtech, and research sectors.
LawPro.ai has closed its Series Seed funding round led by Scopus Ventures to enhance AI solutions for the injury claims industry.
LexisNexis has introduced Protégé General AI, offering secure access to general-purpose AI models for legal professionals within the Lexis+ AI workflow.
Aderant has signed a definitive agreement to acquire the legal technology assets of HerculesAI, enhancing its AI capabilities for law firms.
August, an AI platform for midsize law firms, has raised $7 million in a funding round led by NEA and Pear VC, with participation from notable investors including OpenAI's David Azose.
Legal AI startup Harvey has achieved $100 million in annual recurring revenue, driven by a significant increase in user engagement and customer base expansion.
Streamline AI has closed $14 million in total funding, including an $8.6 million Series A round led by Blumberg Capital, to expand its AI-powered platform for in-house legal teams.
LegalOn Technologies has raised $50 million in a Series E funding round led by Goldman Sachs and announced a strategic partnership with OpenAI to enhance AI-driven legal workflows.
Consilio has announced a strategic partnership with Robin to enhance AI-driven contract analysis, offering new services for legal teams to manage contracts efficiently.
Nigerian legal tech startup PocketLawyers has secured investment from Nubia Capital to expand its AI-powered legal services across Africa, aiming to streamline legal processes for businesses.
Callidus Legal AI has raised $10 million in funding to accelerate the development of its AI platform for litigators, as announced in a press release. The funding round was led by Cervin Ventures.
Covenant, an AI law firm for private market investors, has raised $4 million in seed funding led by Flybridge Capital Partners to enhance its AI-powered legal solutions.
A recent study by Axiom Global Inc. reveals a significant competency gap in legal teams as they rapidly adopt AI technologies, with only 20% achieving AI maturity.
Eudia has acquired Johnson Hana to create the world's first AI-augmented human workforce, integrating elite legal professionals with AI technology.
Clio has announced a definitive agreement to acquire vLex for $1 billion, marking a significant expansion in AI-powered legal technology.
Harvey has partnered with LexisNexis to integrate its legal content and AI technology, allowing users to access citation-supported answers directly within the Harvey platform.
Syntracts has announced a multi-year partnership with an AmLaw 25 firm to deploy its on-premise contract intelligence platform, enhancing data security and performance.
Zip has launched a suite of 50 AI agents to automate tasks in finance, legal, procurement, IT, and security, announced in a press release.
For The Record has launched a multi-language speech-to-text tool to enhance courtroom accessibility, announced in a press release.
The source for the Legal AI software news, analysis, emerging applications: contract review, e-discovery, research.
