Technology
CrowdJustice founder raises £5m for spin-out lawtech business
Lawtech company Legl – set up by the team behind pioneering funding platform CrowdJustice – has raised $7m (£5m) in Series A funding.
Law firm begins work with entrepreneurs to build lawtech start-ups
Six entrepreneurs looking to develop lawtech start-ups have joined a new programme at the incubator MDR LAB, created by London law firm Mishcon de Reya.
Law firm takes stake in online legal services platform for SMEs
Cambridge and London law firm Taylor Vinters is taking an equity stake in online legal services business LawBite as they collaborate to provide SMEs with international advice.
Probe to consider how best to regulate use of AI in legal services
The more innovative use of technology like artificial intelligence by unregulated providers of legal services is raising questions of whether there is a widening consumer protection gap.
Service provider hack sees 100GB of data stolen from top law firm
Global law firm Jones Day has reportedly had 100 gigabytes of data stolen, with some of it appearing on the dark web, after a third party that provides it with file transfer software was hacked.
Time to consider regulating lawtech firms, report says
The time has come for the Ministry of Justice to consider whether lawtech companies, along with other unregulated legal services providers, should be regulated, ACSO has said.
Project races to tackle tech’s impact on fundamental legal rights
Law societies and Bar associations should draw up principles for software developers and the lawyers who use their products to guarantee access to justice, according to the head of a team of experts.
Lack of data leaves courts “flying blind” on impact of Covid, MPs told
The courts system is failing to collect vital information about the performance of judges and trials during the Covid-19 pandemic, an expert has told Parliament, leaving observers “flying blind”.
Competition hots up to become standard software for in-house teams
A software platform aimed at bringing together the various apps used by corporate legal teams is launched today, while another product aimed at the same market has raised $14m.
GCs at private equity firms “lack control of legal spending”
Senior in-house lawyers at large private equity firms are responsible for the cost of instructing law firms but lack the power to control it, a study has found.
National Audit Office challenges basis of court reforms
A top National Audit Office official has asked fundamental questions of the government’s court reform programme, even as the head of the courts service extolled its performance during the pandemic.
AI pioneer closes in face of Thomson Reuters claim
A pioneering lawtech business is shutting down in the face of litigation from Thomson Reuters that it says means it cannot raise funds.
Five businesses chosen for ‘lawtech sandbox’ pilot
Five lawtech businesses are to join a ‘sandbox’ designed to “fast-track transformative ideas, products and services” with the help of legal and financial regulators.
Augmented lawyering: The challenge of AI is people, not money
The challenge facing traditional law firms from artificial intelligence is not a lack of finance to invest in technology but having the right “human capital”, a study from Oxford University has argued.
Susskind advocates role of AI in transforming courts
A future justice system could use AI technology to inform people of their chances of success and even provide automated determinations, according to futurist Professor Richard Susskind.