Legal technology (LegalTech) stories - Page 6

NTT DATA has adopted Luminance's Legal-Grade AI to streamline legal processes across Europe, enhancing contract negotiations and minimising risk.

iManage has unveiled enhancements to its AI strategy, including updates to Ask iManage and Insight+, aimed at boosting efficiency for users globally.

As law firms increasingly adopt AI for efficiency, experts warn that superficial gains are insufficient to reshape value delivery for clients.

Nadene Serman, Global CTO of Infotrack, champions innovation and inclusion in tech, driving customer-first solutions across multiple nations.

iManage reports a stellar 42% growth in annual recurring revenue and adds 305 new clients, bolstered by innovations and cloud expansion in 2024.

Josef has unveiled a sophisticated document pre-processing engine for legal applications, promising enhanced AI accuracy through advanced chunking and context enrichment.

As AI becomes essential in legal practices, clients now demand to know not if law firms use it, but how effectively they do so.

NetDocuments has unveiled its ndMAX Studio, introducing 12 AI applications designed to boost efficiency and streamline document management for legal professionals.

Lexsoft Systems has launched a integration of its T3 legal knowledge management solution with ethical walls applications for enhanced document security.

AI legal tech firm Ivo has successfully secured USD $16 million in Series A funding, aiming to expand its AI-powered contract review platform.

Dubai International Arbitration Centre has teamed up with Opus 2 to launch an innovative arbitration platform, enhancing dispute resolution across the region.

A new report by DeepL reveals that 87% of legal professionals find AI tools enhance their work, marking a significant shift in the legal sector.

Neil Araujo, CEO of iManage, has received the Outstanding Achievement Award at the 2024 British Legal Technology Awards for three decades of innovation.

Lexsoft Systems has won the 'Knowledge Management Platform Of The Year' award for its T3 GenAI platform at the 2024 LegalTech Breakthrough Awards.

Research from Clio reveals that a staggering 96% of UK law firms are now integrating AI to enhance efficiency and productivity in legal practices.

Lawfront has selected NetDocuments as its document management system across four UK law firms, enhancing productivity for 800 lawyers across 28 offices.

NetDocuments has launched its Intelligent DMS, an advanced document management system integrating AI tools, aiming to streamline legal professionals' workflows.

A Thomson Reuters report reveals that 75% of top UK law firms promote AI use, compared to just 45% of those ranked 21-40, widening the tech adoption gap.

Thomson Reuters launches CoCounsel 2.0, a next-gen AI assistant promising faster, more intuitive answers and new capabilities, enhancing efficiency across industries.

Marking 70 years since Alan Turing's death, Dr John Bates suggests a focus on AI utility over human-like intelligence, spotlighting advancements and applications.