It is no surprise that following the launch of their  AI enabled motion drafting platform Compose in February,  Casetext has secured  a new round of funding.  The $8.2 million  brings Casetext’s total funding to $40 million. Inside investors who participated in this round include Union Square Investors, Canvas Ventures and Y Combinator Continuity. The press release also refers to an unnamed “top law firm”  as leading the round.

The announcement comes in the wake of Casetext’s launch of their game changing new Compose software. Compose goes where no legal product has gone before. It actually helps a lawyer draft a motion tailored to specific federal
Continue Reading Casetext Secures $8.2 Million Venture Funding

Casetext is launching an AI driven drafting tool called Compose. Compose does not promise to replace lawyers – it
offers to make lawyers more efficient by automating the first draft of a motion or brief. It can also function as a tutorial for a new lawyer who is assigned with drafting a motion for the first time. Casetext is currently working with a group of law firm “partners” who will help them develop an expanded library of motions. According to Pablo Arredondo, Co-Founder and Chief Product Officer
Continue Reading Casetext’s Compose AI Powered Drafting of Briefs and Motions – Lawyers Still Required

On February  25th they are launching an exciting new legal news service  Legal  Radar which I believe  his targeted to deflate the aggressive growth and pricing of its main competitor Law360.

American Lawyer Media’s flagship publication, American Lawyer has been credited with inventing the legal news market in the 1980s.  ALM  has been exploring ways to reinvent  how lawyers consume legal news for several  years.  The relaunch of Law.com brought content from all 19 ALM legal publications together in a unified platform. The old legal intelligence platform was relaunched as Legal Compass. On Tuesday they will launch an AI enabled streaming news service for lawyers.

Legal Radar delivers a clean customizable stream of breaking legal news and competitive insights. Lawyers can track companies, industries, law firms as well as litigation. Legal Radar offers breaking litigation news within minutes of a filing.  When cases are reported documents such as complaints and opinions are attached to the story. I found  Legal Radar to be  visually “addicting” like an endless Facebook stream. It was hard to stop scrolling!  Like its competitor
Continue Reading ALM Launching Legal Radar — Law360 Prepare For Incoming!

Lexis and Westlaw laid the foundations for today’s online research market in the 1970’s and 1980’s. Their dominance in the legal research arena was challenged on two fronts in the 2010’s. First they were challenged by the emergence of two full service competitors: Bloomberg Law and Fastcase. More surprising was the disruptive impact of the disgruntled, entrepreneur lawyers with a good idea and some venture capital who invented some completely new ways of approaching research and delivering insights..

Spinning Analytics Gold From Dockets. Lexis and WESTLAW were in the docket business for decades but it Lex Machina (now owned by Lexis Nexis) which invented a way for lawyers to use analytics for pitches and litigation strategy.

Lex Machina took the most mundane of legal data sets– docket entries and spun it into a goldmine of legal insights. Lex Machina started as a public interest project at Stamford Law school in 2006. The product leverages machine learning and natural language processing, to normalize, structure, and analyze raw data from millions of case dockets
Continue Reading Analytics, AI and Insights: 5 Innovations that Redefined Legal Research

I have been predicting that predictive tools would gain an increasing presence  in the practice of law. The press release from Thomson Reuters about Legislative Insights on Westlaw Edge  carefully skirts the prediction issue by substituting the word “probabilities.” Thomson Reuters deep legislative coverage is about to be turbo charged with technology from Skopos Labs. Thomson Reuters was an early investor in Skopos through their venture capital arm Thomson Reuters Ventures.

Legislative Insight is driven by a proprietary machine learning and natural language processing methodology from
Continue Reading Thomson Reuters Launches Westlaw Edge Legislative Insights With Probabilities of Enactment

By my recollection State Net is one of the oldest surviving legal research and legislative tracking systems.  State Net collected and coded and normalized data about the activities of 50 state legislatures back in the dial up  days of modems with acoustic couplers. They thrived long enough to be acquired by Lexis Nexis in 2010.

Over the years the system expanded to cover regulations from all 50 states. The latest challenge is addressing the growth in important local legislation. State Net now tracks  laws introduced in over 300 major cities and counties around the country.

Daniel Lewis, founder of Ravel Law which was acquired by Lexis Nexis in 2017 is now responsible for the State Net system in his role as vice president of product LexisNexis Legal & Professional. Lewis provided me with an overview of the new State Net features and put the challenge of state motioning in perspective. According to Lewis  each year 135,000 bills are introduced across the 50 states compared to about 10,000 federal bills. Fifteen times more state bills
Continue Reading LexisNexis Announces Relaunch of State Net Celebrating 50 Years With Analytics and Forecasting Features

Today Fastcase and Ross Intelligence are announcing a content, research and development partnership which the founders expect to drive innovation for both companies. Fastcase which is celebrating its 20th anniversary has excently expanded beyond its primary law focus into analytics, legal news and secondary source publishing and alliances. Ross which made headlines with its A.I. search engine for legal research has recently launched its law school program and begun building alliances with bar associations and with Clio practice management software.

I interviewed Ed Walters CEO and Co- Founder of Fastcase about this new alliance. Walters describes this alliance in terms of a major market shift in the legal research and technology space. “In the 1990s the main way market dominance was building gigantic silos of data” epitomized by the Lexis and Westlaw platforms. According to Walters “The future will be owned by small, nimble companies that have inter-operable parts. The Fastcase-Ross alliance is about creating a new paradigm for the next 10 years.”

Ross will gain access to the Fastcase pipeline of case law, statutes and regulations across all 50 states. Walters described t he benefits of the alliance in the press release. Fastcase will benefit from Ross’s “trailblazing work in the field of natural language processing in machine learning. The partnership will enable Fastcase to collaborate on exciting new products and jointly create new solutions for unmet needs of the legal profession.”

Lexis and Westlaw (Thomson Reuters) invented the online legal research market and have dominated it for years.
Continue Reading In Paradigm Shift Legal Research Innovators Fastcast and Ross Intelligence Form Development Alliance

Ellyssa Kroski, the Director of Information Technology at the New York Law Institute  assembled a group of law library and technology thought leaders to contribute to her new book “Law Librarianship in the Age of AI” which was released last week by the American Library Association.

I was honored to have the opportunity to

Today LexisNexis is releasing results of an independent study commissioned by LexisNexis.  The study was conducted between August and September 2019 and included responses from 5,061 law students at 201 law schools. The survey was  conducted” to better understand  future lawyer attitudes, behaviors and key drivers of user preference in relation to legal research.”Access