ClaimScore, Startup Using AI To Target Fraud In Class Action Claims, Raises $3.15M In Oversubscribed Round

This post was originally published on this siteClaimScore, a startup that uses artificial intelligence to help detect fraudulent claims in class action lawsuits, has closed a $3.15 million seed funding round led by ROC Venture Group, a private investment firm based in Naples, Fla. Founded in 2022, ClaimScore says it is the only software product […]

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Thomson Reuters Lays Out Plan To Provide CoCounsel AI Assistant Across Every Professional Vertical It Serves

This post was originally published on this siteThomson Reuters, continuing to build on its acquisition last June of Casetext and its CoCounsel generative AI legal assistant for a whopping $650 million cash, today disclosed plans to deploy CoCounsel as a single and continuous AI assistant across its entire portfolio of products spanning every professional its […]

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On LawNext: All About KL3M, The First LLM Built From Scratch for Legal, with 273 Ventures’ Jillian Bommarito

This post was originally published on this siteWith so much focus on the use of large language models in law practice, the Kelvin Large Language Model – or KL3M (pronounced CLEM) for short – stands out as distinct for two reasons. For one, it is the first LLM built entirely from scratch specifically for the legal market. […]

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Of All This Year’s Webby Awards Honorees, Just One Is A Legal Tech Company – You Can Vote for It By April 18

This post was originally published on this siteEvery year, the International Academy of Digital Arts & Sciences (IADAS) hands out its Webby Awards, which honor excellence on the internet and recognize influential creators and brands. There are actually two awards — The Webby Award selected by IADAS and The Webby People’s Voice Award, voted on […]

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Two Launches Today from vLex: A Gen AI Document Analyzer for Litigation and Transactions, and A Co-Development Lab to Help Customers Adapt AI

This post was originally published on this siteThe global legal research company vLex today announced the launch of Vincent AI Document Analyze, a new tool in its suite of generative AI features that enables legal professionals to analyze litigation and transactional documents and surface legal and factual information that they can use in preparing a […]

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Thomson Reuters Launches Developer Portal Giving Access to Over 100 APIs for Legal, Tax, Risk and Fraud

This post was originally published on this siteThomson Reuters has launched a global Developer Portal giving access to over 100 APIs, providing tax, legal, risk and fraud professionals with tools to more easily integrate their workflows with the company’s technology, data, content and insights. TR says that, by providing developers with API access to its […]

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Miss Last Friday’s Legaltech Week? Here’s the Video. Among Our Topics: Should We Ban ‘Nonlawyer’?

This post was originally published on this siteIf you missed it last Friday, here is Legaltech Week for April 5, 2024. Among our topics: Banning “nonlawyer,” updates from the International Association of Privacy Professionals, lawyer chastised for Microsoft Word screw-up, and more. You can always catch all prior episodes as a podcast or on YouTube. In addition to […]

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