The LegalTech Fund

We are thrilled to share the latest version of our LegalTech Landscape for Generative AI! ?? Generative AI is revolutionizing how law firms and companies operate, providing innovative solutions across various facets of the legal practice. With use cases exponentially growing and over $850M in capital raised across our landscape’s constituents, it’s clear that generative AI is not just a buzzword but a powerful tool reshaping the legal industry. Our market map is derived from 1,000+ founder meetings and split across early stage companies focused on bringing Generative AI to enhance efficiency and push the boundaries of innovation for (i) law firms and (ii) corporates. Given the incredible activity and growth across this segment, if you’re building in the space and don’t see yourself on the map - please leave us a??? in the comments! Link to maps: https://lnkd.in/d4jhX3jP #GenAI #TheLegalTechFund #Founders #CEOs

Recently, we hosted Jeremy Schmerling and Josh, co-founders of LawPro.ai Inc., on The LegalTech Fund Youtube channel. Their work is revolutionizing personal injury law firms with cutting-edge AI solutions—and they’ve got some exciting new developments on the horizon. In case you missed it, we’ve rounded up our top takeaways from the conversation: 1?? Unlocking the power of medical records: LawPro.ai Inc. helps personal injury law firms quickly analyze medical records—the cornerstone of every case. By extracting critical insights at lightning speed, they empower lawyers to make faster, better decisions that drive higher case values. 2?? Impact on case outcomes: Firms using LawPro.ai Inc. are seeing 20% more cases closed and a 30% increase in average case value—all without additional staff. This is what happens when technology meets real-world results. 3?? New product announcement: The team is about to launch a Medical Billing Timeline, a groundbreaking feature that will streamline the process of organizing and summarizing medical expenses. This tool promises to simplify workflows for attorneys, adjusters, and insurance companies alike, making case preparation even more efficient. 4?? Hyper-Focused expertise in personal injury: Unlike generalist legaltech solutions, LawPro.ai Inc. is laser-focused on personal injury law. This dedication makes them the leading experts in the field, delivering tailored tools and insights that are unmatched. 5?? Empowering people, not replacing them: LawPro.ai Inc. isn’t about replacing jobs—it’s about enabling teams to do more. By automating tedious tasks, paralegals and attorneys can focus on high-impact work, take on more cases, and grow professionally. AI in legaltech isn’t just about efficiency—it’s about outcomes. LawPro.ai is helping lawyers better serve their clients during some of the most challenging times in their lives. Faster resolutions, higher case values, and an exciting roadmap of new products—this is the future of personal injury law. Watch the full interview here: https://lnkd.in/eGVYU5UM #LawProAI #TheLegalTechFund

We recently caught up on the 2024 Future Ready Lawyer Survey from Wolters Kluwer ???? What stood out: 1??GenAI Adoption: 76% of corporate lawyers use GenAI weekly, driving efficiency despite integration hurdles. 2??ESG Preparedness Gap: Only 29% of firms feel "very prepared" for rising ESG demands; training programs are crucial. 3??Return to Office: 73% of legal professionals are back in the office four or more days a week. Which of the above takeaways will you be implementing for 2025? Comment below ?? Read the article here: https://lnkd.in/df7VrXjj #TheLegalTechFund #legaltech #ai

Hey LinkedIn Community ?? Our recent?LawPro.ai Inc.?was due to be a live event but we had a technical issue with the platform- small hurdles never stop us! ?? We recorded this latest session with Jeremy Schmerling and Josh Schmerling which is not to be missed! Discover how?LawPro.ai Inc. uses advanced AI to quickly process, organize, and analyze medical records for personal injury cases. Instead of waiting weeks or months,?LawPro.ai Inc.?provides key case insights in just minutes, helping clients achieve the best results. Want to connect with the team? Reach out to?LawPro.ai Inc. ?? Watch the full session here: https://lnkd.in/ddMfK2UH #TheLegalTechFund #LawProai

Did you know? ?? ?? By the end of 2024, 78% of law firms will be accepting online payments, with 44% collecting over $3,000 monthly, according to a recent report by MyCase and LawPay. The smart shift to digital payments is transforming the legal industry, enhancing convenience for clients and streamlining cash flow for firms. Access the full report here ?? : https://lnkd.in/dtmcaXRR

What we’re listening to: Fresh Voices on Legal Tech with Cat Moon ?? ?? Dennis Kennedy and Tom Mighell chat with Cat Moon ?? from Vanderbilt Law on the shift toward tech in law. From AI experiments to fostering “humble curiosity,” Cat shares insights on how innovation is reshaping legal practice. Tune in ?? : https://lnkd.in/d6GVTxJS

We enjoyed our recent live with Trestle’s CEO, Victor Zhang P.E.! For those who missed it, here were the top 5 highlights to get to know the business better: 1??Automated vendor qualification: Trestle’s automation slashes vendor approval time from weeks to seconds, a model for legal tech to improve efficiency in contract and compliance workflows. 2??AI-Powered document validation: Leveraging AI for real-time document checks ensures accuracy and compliance, minimizing manual errors—a key application for legal due diligence and contract review. 3??Instant feedback loops: Trestle’s system provides immediate, actionable insights for vendors to meet qualification standards, inspiring legal tech to guide users on regulatory or contract compliance instantly. 4??Centralized contract consistency: Standardizing contracts across projects reduces legal risk, highlighting the importance of consistent contract management in legal tech. 5??Cross-Functional AI for contracts: Trestle’s AI bridges legal and technical requirements in contracts, a framework legal tech can use to align legal language with business and technical needs. Looking for help in construction? Reach out to Trestle now ???? #TheLegalTechFund #Trestle

Hey LinkedIn Community! ?? Great opportunity below ?? Reach out to ECFX for more information. #TheLegalTechFund #Legaltech #ECFX

Discover the latest funding rounds and mergers in legaltech in our newest Funds Flow issue. #legaltech #lawtech #legalinnovation #legalindustry #legaltechnews Cloverleaf AI, Adam Zucker, Jackson Square Ventures, JustFund, Andy O'Connor, Xilium Capital, CENTRL Inc, Sanjeev Dheer, Document Crunch, Josh Levy, Titanium Ventures, Libby Leffler, Expa, Springbank, GC AI, Cecilia Ziniti, Genie AI, Rafie Faruq, GV (Google Ventures), Kuberno, Zoe Bucknell, Propense.ai, Timothy Keith, Reality Defender, Ben Colman, Illuminate Financial

Join us for our next LinkedIn Live as Zach Posner interviews Jeremy Schmerling, CEO of LawPro.ai Inc. , one of our Portfolio Companies. LawPro.ai Inc. uses advanced AI to quickly process, organize, and analyze medical records for personal injury cases. Instead of waiting weeks or months, LawPro.ai Inc. provides key case insights in just minutes, helping clients achieve the best results. Have a question for Jeremy? Comment below, and we’ll get it answered! ??