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Law Firms of All Sizes Can Easily Integrate AI Tools Into eDiscovery

Attorney at Work

Artificial intelligence tools have become prevalent in legal practice, particularly in eDiscovery. In the ABA 2020 Legal Tech Survey , 23% of law firms reported not being interested in AI, while 34% said they didn’t know enough about AI to speak to their firms’ interest. Accuracy is critical in eDiscovery. AI Hesitation.

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Relativity Acquires Contract Review Company Heretik

LawSites

Relativity , the global e-discovery and compliance technology company, said today that it has acquired Heretik , an AI contract review company whose product was built on the Relativity platform and whose staff is half composed of former Relativity employees. . In 2017, the Chicago-based company raised $2.4

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How LegalTech is Transforming Contract Management?

Cenza

Suppose we deep-dive into the post-execution contract management tools. In that case, they are used to gain visibility into contract repositories, accelerate, improve the accuracy of contract review and mitigate the risk of errors in the contracting process. Next, the lawyer identifies the contracts for the AI.

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Everlaw Becomes Legal Tech’s Latest Unicorn, with $202M Raise at $2B Valuation

LawSites

E-discovery company Everlaw today became one of the few legal technology companies to join the elite ranks of unicorn status — companies valued at over $1 billion — with the announcement of a $202 million Series D funding at a valuation of over $2 billion. Listen: LawNext Episode 33: AJ Shankar, Founder and CEO of Everlaw. .

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15 Alternative Paralegal Career Options

Paralegal Bootcamp

Contracts Administrator. Are you a litigation paralegal who has been working with ediscovery tools? Maybe you would enjoy working for an ediscovery software company as a project manager. In 2020, the Paralegal Boot Camp celebrated a decade in business! E-Discovery Boot Camp. Litigation Support Analyst.

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It’s An ALSP World And We’re All Just Living In It

Above The Law

At one point, early in the generative AI era, I wondered if developing this technology to essentially take over first-pass review and hand senior lawyers who view computers much like the Supreme Court views voting rights access to interrogate discovery materials might deal a devastating blow to the alternative legal service provider sector.

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Exclusive Analysis: Legal Tech Exits, 2001-2022

LawSites

Recently, I posted here an exclusive analysis of legal tech funding from 1984 to 2020, a video timeline showing the evolving bar chart of investments in legal tech over nearly four decades. The top three categories of deals, based on numbers of deals, were e-discovery, practice management and contract tech. 25, 2022.