AI applications in the legal sector, covering contract analysis, regulatory compliance, litigation support, and legal research tools.
Caseflood, a California-based startup, has raised $3.2 million to enhance its AI voice agents for legal client intake, according to a press release by Global Newswire.
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.
LegalZoom has announced a strategic partnership with Perplexity to offer legal services directly within the Perplexity platform, providing Pro subscribers with exclusive offers and discounts.
Copilevitz, Lam & Raney has partnered with Change to streamline charitable compliance processes using AI technology, as announced in a press release.
Yoshua Bengio has announced the launch of LawZero, a non-profit organization focused on developing safe-by-design AI systems. The initiative aims to address the risks associated with current AI models.
Linklaters has expanded its use of AI-enhanced case management solutions from Opus 2 to streamline litigation processes.
Thomson Reuters has introduced its agentic AI platform, starting with CoCounsel for tax, audit, and accounting professionals, which integrates AI into professional workflows.
LinkSquares has launched its AI-powered Risk Scoring Agent to automate contract risk management, eliminating manual reviews and providing instant risk visibility.
The source for the Legal AI software news, analysis, emerging applications: contract review, e-discovery, research.
