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

Welcome to The LegalTech Fund, OpenLaw! We are thrilled for a new partnership with founders Andrew Guzman, David Ngo, and Abtin Gramian. Read about why we invested in OpenLaw here ?? https://lnkd.in/gaF3VW9Y

?? Don't miss this! TLTF Managing Director, Zach Posner and TLTF Operating Partner Jeroen Plink will participate in the discussion, "Unlocking generative AI in legal technology: A roadmap to $50 billion," hosted by David Perla and Burford Capital on September 23rd. Register below!

Congrats to The LegalTech Fund portfolio company Trestle and CEO, Victor Zhang P.E. on closing out their pre-seed funding round. We're happy to be a part of your journey ?? https://lnkd.in/gUEYmj4i #legaltech #legaltechfunding #legaltechinvestment

?? The LegalTech Fund Managing Partner, Zach Posner, had a great time chatting with folks on the EUVC podcast about the intersection of law & tech. Thanks for hosting, Tom McGinn! Scroll down to see the tl;dr ?? https://lnkd.in/gk_DHyRH

We love to see this from Scott Stevenson & Spellbook! ?? See all of our portfolio companies: https://lnkd.in/epgvETZ2 ?? Fill out this form to meet with our portfolio companies: https://lnkd.in/gVSnp3SG ?? Fill out this form if you are interested in working with a portfolio company: https://lnkd.in/gtN6Uv5f

Join us for our next LinkedIn Live event as Zach Posner interviews Aaron Finn, CEO of SingleFile, one of The LegalTech Fund’s Portfolio Companies. SingleFile is a fast-growing, venture-backed legal technology company disrupting the government, risk, and compliance (GRC) industry. Using advanced technologies, SingleFile codifies bureaucracy and automates administrative compliance burdens for businesses.

Here are the top 5 takeaways from Zach Posner’s LinkedIn Live conversation about ECFX with CEO, Dan O'Day: ? Automation of Manual Processes: ECFx automates the tedious process of handling court documents, saving significant time for legal professionals. ?? Massive Volume: The platform processes nearly 3 million emails monthly, streamlining legal workflows. ?? Risk Management: ECFx helps manage risk by ensuring all court communications are captured, even when attorneys are unavailable. ?? Client Satisfaction and ROI: Firms save thousands of hours in labor, increasing efficiency and client satisfaction. ??♀? Legal System Challenges: The platform continuously adapts to the fragmented and varied systems across courts. Tune in later today when Zach will be talking to Aaron Finn, CEO of SingleFile. Don’t miss it! ??? #LegalTech #Automation #LawFirm #RiskManagement #LegalInnovation #ClientSatisfaction #CourtSystem

?? What We're Listening To: AI and Access to Justice In this episode of Talk Justice, legal tech researchers Colleen Chien and Miriam Kim discuss their groundbreaking study on generative AI for legal aid. Their paper, “Generative AI and Legal Aid: Results from a Field Study and 100 Use Cases to Bridge the Access to Justice Gap,” published in April, offers data-driven insights into how AI can improve access to justice. Bréyon Austin, a study participant, shares her perspective on the findings. Listen here: https://lnkd.in/gzPgRY8j

During Managing Director Zach Posner's LinkedIn Live conversation with Oddr's CEO & Founder, Milan Bobde, we heard about the core problem they're solving, and the impact of their solution. This is why we stan Oddr ?? TL;DR: Oddr helps law firms operate more efficiently and profitably ???? ?? Core Problem Solved by Oddr: Oddr addresses the lack of visibility and efficiency in the invoice-to-cash process within law firms. Traditional invoicing methods involve manual, error-prone tasks that delay payments and hinder transparency. Oddr provides a single, comprehensive view of each invoice's status, from creation to payment, eliminating manual steps and ensuring that firms can track their invoices in real-time. This streamlined process reduces delays, improves accuracy, and enhances overall billing efficiency. ?? Impact of Oddr's Solution: Oddr's platform significantly improves law firms' cash flow by accelerating the invoicing process and reducing delays in payment. By providing real-time visibility into invoice status, firms can send invoices faster and follow up on payments more effectively, leading to quicker payments and fewer write-offs. This not only strengthens cash flow but also improves client relationships by simplifying and standardizing the billing process. https://www.oddr.com/ #LegalTech #LawFirms #InvoiceAutomation #CashFlowManagement #Fintech #LegalInnovation #BillingEfficiency #BusinessOfLaw