Tag #Legaltech

Showing 1 to 10 of 10 results

forbes.com
🌐 85% Global Worthiness
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AI Legal Tools: A Competitive Advantage for Scaling Businesses

This article discusses how AI-powered legal tools are helping startups and small businesses overcome legal bottlenecks and scale more efficiently by automating contract review, risk assessment, and dispute resolution, leading to faster deal closures and reduced legal costs.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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LegalOn Raises \$50M to Develop AI Legal Agents

Tokyo and San Francisco-based LegalOn Technologies raised \$50 million in Series E funding, bringing its total to \$200 million, to expand AI products and partner with OpenAI on legal AI agents, impacting legal workflows.

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
theglobeandmail.com
🌐 85% Global Worthiness
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Clio's US$1 Billion Acquisition of vLex Expands Legal Tech Market

Canadian legal software company Clio acquired vLex, a maker of an AI tool preventing fake court ruling citations, for US$1 billion, expanding its market and challenging competitors like Thomson Reuters.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Generative AI Transforms Legal Processes

Generative AI is revolutionizing legal work, automating tasks for professionals via platforms like Harvey AI and Lexis+, and empowering consumers with tools like Do Not Pay to navigate legal issues independently.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Legora Secures $85 Million in Funding for AI Legal Tech

Swedish AI legal tech startup Legora is raising $85 million in funding at a $675 million valuation, led by General Catalyst and Iconiq, bringing its total funding to roughly $120 million, following its February rebrand and US expansion.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Blue J Legal Secures \$167 Million in Funding

Toronto-based Blue J Legal Inc., a legal tech startup selling an AI-powered chatbot for tax specialists, secured \$167 million in funding from U.S. and Canadian investors, valuing the company at over US\$300 million, following significant sales growth.

Progress

44% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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South African Court Case Highlights Dangers of Unverified AI Legal Research

A South African court case exposed the dangers of AI in legal research after lawyers submitted fabricated precedents generated by ChatGPT, leading to a ruling against the plaintiff and raising concerns about AI ethics in the legal profession.

Progress

56% Bias Score

Quality Education
theguardian.com
🌐 85% Global Worthiness
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AI-Generated Misinformation in UK Court Cases Sparks Urgent Call for Regulatory Action

UK courts are grappling with the misuse of AI in legal arguments after two cases revealed dozens of fabricated case-law citations generated by AI tools, prompting calls for urgent action from legal authorities to prevent future occurrences and ensure the accuracy of AI-generated information in legal...

Progress

28% Bias Score

Peace, Justice, and Strong Institutions
lemonde.fr
🌐 75% Global Worthiness
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French Court Rules Against Legal Database Doctrine for Unfair Competition

A French court partially ruled against the legal database Doctrine for unfair competition, fining it €370,000 for its rapid accumulation of 10 million judicial decisions between 2016 and 2019, exceeding its competitors' collections, highlighting the legal and competitive challenges in the digital ag...

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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AI in Law: Risks and Legal Consequences

AI's use in legal work is increasing, automating tasks but posing risks; two US lawyers were fined $5,000 for using ChatGPT to create a court filing with false cases, while Spanish cases show the need for responsible AI use.

Progress

44% Bias Score

Quality Education

Showing 1 to 10 of 10 results