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Legaltech News Morning Update

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A Message From the Editor

Good morning, and welcome back to those who enjoyed a long weekend. We're kicking off Monday with our weekly roundup of legal tech announcements, featuring multiple fundraisings. In this morning's newsletter, you'll also find a few other big stories you might have missed last week:

- Legal document search company Hebbia raised a $100 million Series B
- Why RAG (Retrieval Augmented Generation) isn't a magic bullet against hallucinations
- "Pharma Bro" Martin Shkreli is back in the news for livestreaming digital copies he retained of Wu-Tang Clan's one-of-a-kind album "Once Upon a Time in Shaolin"

Enjoy!

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

 

Legal Technology | News

Legal Tech Rundown: StructureFlow and Haloo Fundraising, Richard Susskind's New Role, and More

By Isha Marathe

An update on the legal tech market's past week, from product launches to new... Read More

 

Automation | News

Robocar Startup Backed by Altman and Gates Hires CLO

By Maria Dinzeo

JoAnn Covington, who has three decades of Silicon Valley experience, is taking... Read More

 

Intellectual Property | News

Martin Shkreli Slapped With Trade Secret Misappropriation Lawsuit for Livestreaming Wu-Tang's 'Once Upon a Time in Shaolin' Album

By Stephanie Wilkins

The infamous 'Pharma Bro' was forced to forfeit the only copy of the album upon... Read More

 

Artificial Intelligence | Analysis

RAG Is Far From Magic and Prone to Hallucinations

By Isha Marathe

Retrieval augmented generation has been the talk of the town in legal tech.... Read More

 

Artificial Intelligence | News

Gen AI Document Search Startup Hebbia Raises $100M, Hires New Head of Legal

By Isha Marathe

Hebbia's Series B round marks another legal technology investment from VC firm... Read More

 

Artificial Intelligence | Analysis

Tracking Generative AI: How Evolving AI Models Are Impacting Legal

By Legaltech News

A running compilation of how the legal landscape continues to be shaped by generative... 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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While I offer no opinion as to whether Judge Roberts harbors any actual bias... Read More

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