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vLex (Fastcase) Unveils Beta Version Of Its Global, Multi-Language Generative AI Legal Research Tool

LawSites

When the legal research companies vLex and Fastcase announced their merger in April , they promised the deal would fuel new opportunities for the development of generative AI for legal research. “The combined library is the crown jewel of LLMs and the ultimate training data set for legal AI.”

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Legal Research Company Casetext Raises $25M In Undisclosed Funding Round

LawSites

The legal research company Casetext has raised $25 million in a Series C funding round, bringing its total amount raised to $64.3 In 2020, the company introduced a first-of-its-kind product, Compose , that automates the drafting of litigation briefs. million since its founding in 2013. ” Track Record of Innovation.

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In Major Legal Tech Deal, vLex and Fastcase Merge, Creating A Global Legal Research Company, Backed By Oakley Capital and Bain Capital

LawSites

Unique Global Breadth vLex has been unique among legal research services for its breadth of international coverage. Its platform includes Vincent, an AI-powered legal research assistant that analyzes legal documents that users upload and finds relevant search results. It works in both English and Spanish.

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

Attorney at Work

Despite their benefits, many legal organizations have been hesitant to implement AI tools. 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. AI Hesitation. Such fears often stem from a lack of education.

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Legal Tech Look-Back: A New Series Highlighting Moments from the Annals of Legal Technology

LawSites

5, 2011, LexisNexis formally launched Lexis Advance , its next-generation legal research platform, which succeeded the research platform formerly called Lexis. But with its formal launch of Lexis Advance, Lexis dropped those various targeted offshoots for a single Lexis Advance designed for legal professionals in any setting.

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Legal Research Finally Demystified.

The Researching Paralegal

Legal Research Demystified, by Eric Voight, Professor of Legal Research and Writing, Faulkner University. I have a new favorite legal research textbook and reference guide for law and paralegal students — Legal Research Demystified. link] (table of contents and a sample chapter).

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As It Continues to Expand Beyond Legal Research, Bloomberg Law Acquires Legal Project Management Platform Dashboard Legal

LawSites

Furthering its expansion beyond legal research and into other products aligned with legal professionals’ day-to-day workflows, Bloomberg Law has acquired Dashboard Legal , a project management and collaboration platform specifically designed for the legal market. ” .” ”