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12 results for "legal tech"
New York's court system issued guidance allowing attorneys to use AI in filings without disclosure while holding them fully accountable for any AI-generated errors, including hallucinated citations.
LawVu launched Lens on October 6, an AI tool that scans a company's entire contract repository at once to surface auto-renewal traps, missed service levels, and hidden liability exposure across thousands of documents.
The 10th Circuit Court of Appeals requires lawyers to certify AI-generated citations have been human-verified before filing — following sanctions in a Mississippi AI hallucination case.
Checkbox launched an AI agent that reviews contracts and legal intake requests upstream of attorneys — with SAP, PepsiCo, and BILL already live on the platform.
Harvey closed a $550M Series E at a $15.6B valuation with ARR exceeding $400M, and is now building proprietary foundation models trained specifically for legal reasoning.
A US law firm sued a UK AI legal software vendor over an auto-renewed contract it couldn't escape — spotlighting a rising enterprise AI procurement risk: deep software lock-in with no viable exit.
Legal tech raised $2.3 billion in Q1 2026 as AI contract review compresses turnaround from days to hours — and Colorado's AI Act is creating a new wave of compliance-driven demand.
OpenAI hired Ironclad founder Jason Boehmig on June 2 to lead its legal vertical push, threatening CLM and contract analytics companies building on its own models.
Legal AI platform Legora has reached a $5.6 billion valuation in its latest funding round, intensifying its rivalry with Harvey AI as institutional law firms commit serious capital to AI-assisted legal work.
Major U.S. law firms are warning clients that sharing legal communications with AI chatbots could waive attorney-client privilege, following a ruling in which ChatGPT conversations were deemed potentially discoverable by opposing counsel.
Courts are now detecting four to five AI-hallucinated legal citations in filings per day, with sanctions exceeding $100,000—and law firms are adding clauses warning clients about attorney-client privilege risks.
A federal court ordered an Oregon attorney to pay $109,700 for submitting AI-generated filings with fabricated case citations—the largest penalty yet for AI hallucination errors in a legal document.