Landmark news broke this morning that law practice management company Clio has signed a definitive agreement to acquire the AI and legal research company vLex for $1 billion in cash and stock. After my initial report earlier today, I had the opportunity to sit down with Clio founder and CEO Jack Newton to discuss this deal and what it […] read more
In a landmark deal that will undoubtedly reshape the legal tech landscape, law practice management company Clio has signed a definitive agreement to acquire the AI and legal research company vLex for $1 billion in cash and stock. Update: A Conversation with CEO Jack Newton on Clio’s Acquisition of vLex. The companies say that the […] read more
Unless you have been living in a cave for the past two years, you are undoubtedly aware of the rash of AI hallucination cases plaguing the legal profession. These are cases in which lawyers-who-should-know-better file briefs they’ve generated using AI without ever checking the citations, only to learn — surprise of surprises — that the […] read more
Earlier this week, I reported on FTV Capital’s investment in ProfitSolv, the parent company behind multiple law practice management platforms, including CosmoLex, Orion, Rocket Matter and Tabs3. Although the dollar amount of the investment was not disclosed, ProfitSolv described it as “substantial.” Yesterday, I had the opportunity to speak with Adam Hallquist, a principal at FTV Capital who led […] read more
A study out today from Thomson Reuters reveals a stark division within the legal profession: When it comes to reaping the benefits of AI, organizations with clear AI strategies are dramatically outperforming those without them, creating an increasingly pronounced competitive divide. The 2025 Future of Professionals report, based on responses from 2,275 global professionals across […] read more
Even free legal research platforms need to make money at some point, and so as Descrybe.ai today launches a paid upgrade, it is making it worth your while, offering a “Legal Research Toolkit” with a suite of features, including its own AI-driven citator, which it calls the Cytator. As I wrote about Descrybe last year, […] read more
Free Law Project’s CourtListener has launched RECAP Search Alerts, a new feature that allows users to monitor federal court filings for specific keywords, people, or topics, and receive alerts when there is a match. The service, which went live this week, represents what the organization calls “Google Alerts for federal courts, but much better.” RECAP […] read more
I wrote yesterday about the Puerto Rico Supreme Court’s adoption of the duty of technology competence, done as part of its promulgation of new rules of professional conduct to replace a code of ethics that had governed lawyers’ professional conduct in Puerto Rico since 1970. While Puerto Rico modeled its new Rules of Professional Conduct on […] read more
Ever since 2012, when the American Bar Association first adopted a duty of technology competence for lawyers as part of its Model Rules of Professional Conduct, its approach has been the template for state adoption of the duty. That approach was to incorporate the duty in a comment (Comment 8) to Model Rule 1.1, which […] read more
When Chris Cartrett was named CEO of legal technology company Aderant in 2022, he did so with the mission of aggressively advancing a cloud-first strategy throughout the company’s suite of business and financial software for law firms. Given that Aderant is a nearly 50-year-old company with many customers who still use the on-premises version of […] read more