Aderant CEO, Chris Cartrett, discusses the company's cloud-first strategy and the launch of Stridyn, a new cloud platform. They explore AI tools like MADDI for law business management and the benefits of automation. Cartrett touches on strategic acquisitions, product line evaluation, and the importance of early adoption of innovation in law firms.

Legal tech veteran Jim Wagner discusses the need to revolutionize contract negotiations and showcases The Contract Network's AI-powered platform for real-time collaboration. He highlights the evolution of the legal industry, emphasizing innovation for efficiency. The use of generative AI in contract negotiation, the focus on expediting clinical trial agreements, and the impact of AI on the legal market are also explored.

Guest Jillian Bommarito, Partner at 273 Ventures, discusses developing KL3M, the first LLM for legal. The model is trained on clean, legal data, certified by Fairly Trained. Bommarito details its creation, unique dataset, compliance, and managing AI risks. They explore bias, implications for legal advice, advantages in the legal market, and rise of KL3M in legal AI. The conversation covers IP risks, pricing, and enterprise concerns with AI output and copyright issues.

Timing is everything, it is said, and so it was either ironic or fateful that Maptician, developed as a hoteling platform to help law firms and businesses manage office space, launched in 2019, just before the pandemic and period in which offices once bustling with people turned into downtown ghost towns.  But the company quickly adapted, says its CEO Alaa Pasha, expanding its platform to help law firms manage the new normal of hybrid offices and return to work, and it has continued to evolve to become an all-in-one platform for managing in-office needs and helping firms better plan and use their office space. Pasha, who is our guest on this episode, says that, in his view, the company’s real focus is not space, but people, and helping law firms and businesses understand how to optimize their spaces for the people who work in them today, and how to plan their spaces for the years ahead.  Side note: The recording of this conversation came about somewhat serendipitously, when host Bob Ambrogi was scheduled to meet with Pasha for a briefing during the Legalweek conference in January. When Ambrogi showed up at Maptician’s booth, the company’s publicist offered to record the conversation, and this is the result. Thanks to Maptician for allowing us to share it through this podcast.    Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks.   If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.  

Neil Araujo, CEO of iManage, discusses the company's journey from acquisitions to a successful buyback in 2015. They explore the impact of generative AI on legal workflows, transitioning to cloud technology for enhanced customer experience, and future plans for AI integration and product development. Insights shared on leveraging AI for document findability, summarization, data extraction, and draft creation.

A detailed discussion on the Caselaw Access Project, a collaborative effort between Harvard Law School and Ravel Law, to digitize and provide free access to all US court decisions. The challenges, negotiations, and significance of the project, including the recent lifting of all restrictions on the data. Insights on the digitization process, historical trends in case law language, and the future impact on legal research and generative AI technology.

CEO Ed Watts of InfoTrack discusses revolutionizing litigation services through acquisitions like LawToolBox and One Legal, expanding to the US from Australia, integrating with practice management platforms, enhancing court filing systems, and implementing generative AI for problem-solving and court filings.

The arrival of 2024 brought a new reporting requirement for more than 32 million smaller companies in the United States. The new requirement, which came about as part of the federal Corporate Transparency Act of 2021, means that many companies will now have to report information about their beneficial owners — the individuals who ultimately control the company. With new requirements for companies to collect, document and submit previously unreported information – and with many companies confused about what the law means for them -- legal tech companies are stepping up to help, with new products specifically designed to facilitate understanding and compliance.  One company that is taking the lead on this is Wolters Kluwer. It has launched a beneficial ownership platform for legal, compliance and accounting professionals, and enhanced its Legisway platform for corporate legal departments with new beneficial ownership functionality.  On today’s episode, we’ll dig into this new law and its requirements, and hear about how technology is helping companies comply. To do that, host Bob Ambrogi is joined by three executives from Wolters Kluwer: Ross Aronowitz, vice president, law firm segment leader, at CT Corporation. Ken Crutchfield, vice president and general manager of legal markets at Wolters Kluwer Legal & Regulatory US. Cathy Rowe, senior vice president and segment leader, U.S. professional market tax and accounting North America.  One further note: Last week, after we recorded this conversation, a federal court in Alabama ruled that the Corporate Transparency Act is unconstitutional. The ruling is limited to the two plaintiffs who filed the suit, and the federal government said it will file an appeal. Meanwhile, it is expected that the government will continue to enforce these new beneficial ownership rules.    Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out.   Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks. Sharefile for Legal: Securely send, store, and share files – plus discover document workflows designed to improve your client experience   If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.  

Can AI help law firms stem revenue leakage and more efficiently turn their invoices into collected cash? That is the premise behind Oddr, a legal tech startup that recently launched what it says is the legal industry’s first AI-powered invoice to cash platform, centralizing law firm billing, collections, payments and reconciliation in a single product. At the Legalweek conference in New York in January, where the platform was officially launched, LawNext host Bob Ambrogi sat down with Milan Bobde, Oddr’s cofounder and CEO, to record this conversation about the company and how it can help law firms streamline billing and improve collections. Before starting Oddr, Bobde was senior director of product management at the enterprise software company Intapp and earlier worked at Thomson Reuters Elite as manager of a diverse portfolio of products.   Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks. Noodle: automate all of your practice's admin work, while you focus on growing your business without increasing headcount. Sharefile for Legal: Securely send, store, and share files – plus discover document workflows designed to improve your client experience   If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.  

Thomson Reuters' AI strategy in legal research, discussing generative AI's impact. Acquisitions, integration in Westlaw Precision, and Practical Law. Executives talk about AI development, protecting against hallucinations, ensuring security, and the future of AI at Thomson Reuters.