This Intel Brief covers LegalTech and Innovation news. Access the content from past briefs?here.
LEGALTECH PARTNERSHIPS, LAUNCHES, AND INVESTMENTS
CASETEXT LAUNCHES COCOUNSEL BY OPENAI TECHNOLOGY
- Casetext, a legal AI company, has launched CoCounsel, an AI legal assistant designed to perform legal research, document review, deposition preparation, and contract analysis.?
- The technology uses the OpenAI large language model that Casetext has customized for legal purposes, along with its own legal databases and legal search system.?[CBS7, Mar 1]
LAWPAY INTRODUCES ‘PRO’ TIER
- LawPay, has introduced a new product tier, LawPay Pro, that enhances the standard LawPay electronic payments platform with the addition of legal billing features.
- The additional features are time tracking and invoicing, which are designed to bridge the gap between payments platform and a practice management platform.?[LawSites Blog, Feb 27]
COUNSELLINK INTRODUCES CLM FEATURES TO ITS ELM SOLUTION
- CounselLink?has introduced new Contract Lifecycle Management (CLM) capabilities and an enhanced work intake system into its Enterprise Legal Management (ELM) solution.
- The new capabilities will better optimize and prioritize legal requests, enhance collaboration with internal and external stakeholders, streamline the contracts process, and enhance strategic resource planning and decision-making.?[Legal IT Professionals , Mar 1]
SMOKEBALL INTRODUCES SMOKEBALL INTAKE
- Smokeball, a law practice management company, has introduced Smokeball Intake, an intake workflow system integrated within its platform to provide potential clients with digital experience.
- The new feature will increase revenue by preventing leads from being lost and helping generate word-of-mouth referrals, streamline the intake process with specific intake forms, and eliminate duplicate data entry and risk of human error by capturing all information.?[LawSites Blog, Mar 2]
HENCHMAN RECEIVES €6.5 MILLION IN SERIES A
OTHER LEGALTECH NEWS
SQUIRE PATTON BOGGS LAUNCHES PRO BONO LEGAL CLINIC
- Squire Patton Boggs, a global law firm, has partnered with the?New Voices Foundation?to launch a legal clinic providing pro bono support to New Voices Family businesses that are currently low-revenue and high-potential, enabling the growth of businesses and expanding opportunities for wealth creation and enterprise.
- The clinic will offer pro bono legal support on issues including business formation, corporate governance, contracts, intellectual property, data privacy, employment, and supply chain advice.?[Squire Patton Boggs, Feb 28]
LEGALTECH EVENTS, WEBINARS, AND PODCASTS
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