May 31, 2024 View in Browser

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Legaltech News Morning Update
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A Message From the Editor

Good morning. In a recent report, Gartner predicted that the legal tech market will be worth a whopping $50 billion by 2027. In today's featured article, LTN's Rhys Dipshan talks to experts and investors to get their takes on how big the industry is likely to grow, and how fast.

– Stephanie Wilkins, Editor-in-Chief, Legaltech News

 

Artificial Intelligence | Analysis

Gartner Predicts Legal Tech Market Will Hit $50 Billion by 2027. Is That Realistic?

By Rhys Dipshan

A report by Gartner predicts that generative AI will fuel a rapid rise in legal... Read More
 

Legal Technology | News

KKR Fund Acquires Majority Stake in CLM Provider Agiloft

By Isha Marathe

As a part of the deal, FTV Capital will make an additional investment in the... Read More
 

Artificial Intelligence | News

American Arbitration Association Acquires ODR.com Parent Company, Planning AI-Powered Expansion

By Rhys Dipshan

The acquisition will enable ODR.com's parent company to tap into the AAA's resources... Read More
 

E-Discovery | News

E-Discovery Services Company Repario Taps Former UnitedLex VP as New GC

By Rhys Dipshan

Repario CEO Dave Deppe called Kelly's appointment a "strategic move" for the... Read More
 

Artificial Intelligence | Analysis

The Real Issue Beyond the Stanford Study's Gaffes: Where Are Legal Tech's Benchmarks?

By Isha Marathe

Stanford's study assessing gen AI-powered legal research tools received pushback... Read More
 

Artificial Intelligence | News

Thomson Reuters Unveils CoCounsel Drafting, Linked to Practical Law for Transactional Work

By Stephanie Wilkins

Now available in limited beta, the transactional product is expected to be generally... Read More

Save the Date

Mark Your Calendar | Legalweek Heads Back To March For 2025

Described as the "best gathering place for many of the leading legal minds across the industry," Legalweek returns to New York City, March 24-27, 2025! Save the date for this week-long legal event where you’ll dive deeper into your professional development, explore topics and strategies tailored specifically to your role, and gain the tools to get legal business done. Registration is coming soon! Learn More

Resources

WEBCAST DATE: July 24, 2024

AI/IP Issues Part 2: What Current Litigation Can Tell Us About Where IP in AI Is Heading

Join this webcast and learn how the litigation trends around patent eligibility and novelty issues, copyright and the fair use defense, and trade secret misappropriation can help in-house counsel develop internal policies to best protect the company's intellectual property. Learn More

WEBCAST DATE: September 4, 2024

AI: Looking at Its Impact on the Legal Profession in 2025 and Beyond

Join this complimentary webcast to explore how AI is reshaping the legal landscape. Learn More

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There are law firms that go beyond the usual platitudes and truly focus on the... Read More

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