Legal technology (LegalTech) stories

Agiloft launches Astra with free AI contract analysis, promising legal, procurement, sales and finance teams data protection and usage-based access.

team.blue widens AI push with new tools for booking, compliance, website creation and data analysis across four brands.

REGnosys chief says extra CFIT funding is welcome, but warns UK fintech needs modern data, reporting and compliance infrastructure to scale at home.

Luminance and LexisNexis have struck a tie-up to embed citation-backed legal research inside contract review, aiming to cut switch-hopping for in-house lawyers.

Litera brings AI redlining and document comparison to Google Drive and Docs, giving lawyers a new way to review contracts inside Workspace.

StructureFlow expands its AI platform to turn PDFs, diagrams and spreadsheets into editable legal and financial models for deal teams.

Elite rolls out AI-powered Validate checks to catch questionable legal billing before invoices go out, aiming to cut write-offs and speed payment.

US AI megadeals push global venture capital to a record USD $330.9 billion as OpenAI, Anthropic and xAI dominate first-quarter funding.

Videosign deepens Brightsolid partnership as it adds AI note-taking and form-filling tools for regulated users, with cloud costs and governance in focus.

Tax Systems rolls out AI assistant blending company data and IBFD research to speed cross-border tax analysis for multinational in-house teams.

Actionstep and iManage team up to give midsize law firms a single workflow for matters, documents, governance and security.

Anthropic brings Claude into Microsoft Word as a beta add-in, letting users edit tracked changes, check documents and draft in templates.

AI in legal services is unlikely to shrink demand, with clients seeking more senior expertise and using efficiency gains to unlock latent work.

Felix lands USD $1.7 million to scale AI workflows for legal and finance teams, targeting consistency and audit trails over ad hoc prompts.

Legora tops USD $100 million ARR in 18 months as legal AI adoption accelerates across firms and corporate teams.

Norton Rose Fulbright warns that AI agents could intensify privacy and security challenges for Asian companies as data moves across systems and borders.

Law firms in US and Canada face rising admin drag as LEAP research finds AI and automation could unlock profitability through fewer manual tasks.

360 Business Law unveils AI contract review for telecoms, claiming up to 70% faster turnaround and tailored risk checks for busy legal teams.

Harvey wins USD $200 million as investors back its plan to turn legal AI from chat tools into workflow-running agents.

In-house legal teams see themselves driving strategy, but a new report shows most C-suite leaders barely recognise their contribution.