Legal technology (LegalTech) stories
Law firms could cut client disputes as Elite’s new tool spots subjective billing risks before invoices are submitted.
A handful of US artificial intelligence megadeals pushed global venture capital investment to USD $330.9 billion in the first quarter, KPMG said.
Multinational tax teams could save hours each week as a new tool combines internal data with trusted cross-border research across 220 jurisdictions.
Midsize firms can now open matters and auto-create iManage workspaces in one workflow, reducing admin and data mismatches across systems.
Word users can now review AI edits as tracked changes, with Anthropic’s beta add-in aimed at preserving formatting and document structure.
AI could unlock legal work that clients had deferred, as firms shift from efficiency savings to more senior advice and broader use.
The new platform targets regulated firms seeking auditable AI processes, after Felix raised USD $1.7 million to expand beyond legal work.
Legal teams are moving from one-off tasks to workflow automation, helping the start-up reach USD $100 million ARR in 18 months.
Organisations face fresh breach and privacy exposure as autonomous AI agents gain access to tools, data and records across their systems.
Administrative tasks are still eating into law firm margins, with North American practices facing the sharpest pressure from fragmented systems and manual work.
The legal AI company now counts more than 100,000 lawyers as users after the fresh round lifted its valuation to USD $11 billion.
In-house legal teams see themselves driving strategy, but a new report shows most C-suite leaders barely recognise their contribution.
UK legal professionals emerge as global AI leaders, with 62% regular users and strong training seen as key to boosting profitability.
The move should help Videosign add AI note-taking and form-filling tools without compromising compliance, security or cloud costs.
Australian lawyers will get structured AI training as K&L Gates ties the Legora rollout to governance rules aimed at reassuring clients.
The move gives lawyers faster access to verified authorities as the firm tries to cut research risk and adapt to AI-heavy workflows.
Real estate agencies and conveyancers face new AML checks from 1 July 2026, with PEXA Clear sold per transaction to cut compliance costs.
Backed by its founders, the AI venture is targeting firms struggling to turn pilots into measurable gains as demand grows across regulated industries.
Telecoms legal teams could cut contract review times by up to 70% as 360 Business Law targets high-volume deal workflows with AI.
Canadian law firms report the strongest AI time savings globally, yet many still battle lost billable hours and tangled tech stacks.