BRINGING YOU THE LATEST IN LEGALTECH NEWS
TLTF & Friends in the News
🎧 We launched a video podcast! Check out our first episode with CEO of Elite, Mark Dorman. Subscribe and stay tuned for next month’s episode.
👏🏻 TermScout announced that Screens AI has been acquired by Agiloft - congrats to Otto Hanson and the team!
🏛️ We’re proud of Josef’s new partnership with NYU Law and Housing Court Answers on their launch of an AI Assistant tool for NYC tenants, pioneering accessible legal help for individuals facing legal challenges.
🧨 Our friends over at A&O Sherman have opened up the 2025 cohort’s applications for their legaltech incubator, Fuse - learn more here.
News from the World of Law
Legal technology firms secured nearly $4.98 billion in funding in 2024, the highest amount since 2021, according to Law360 Pulse.
The U.S. Supreme Court upheld the ban on TikTok, following the bipartisan bill passed last April giving TikTok an ultimatum.
Epiq debuts AI Discovery Assistant and AI Labs, revolutionizing document review automation with advanced technologies and collaborative review services.
Fortune Business Insights projects the Legal Technology Market to grow at 9.1% CAGR, reaching USD 63.6 billion by 2032.
KPMG Law U.S. seeks approval for non-lawyer ownership under Arizona's alternative business structure rules, potentially transforming the U.S. legal landscape.
A federal court invalidated FCC net neutrality rules, declaring broadband providers "information services," limiting the FCC's regulatory authority over them.
A Thomson Reuters report shows that 10% of law firms and 21% of corporate legal teams have generative AI policies, despite growing support.
The DOJ proposes Chrome’s divestiture to address Google’s alleged search monopoly, while Google argues it harms innovation and plans to appeal.
The FTC settled with data brokers for selling sensitive location data, enforcing bans, protective measures, and stricter compliance requirements.
Two legal aid organizations called on California's Supreme Court to broaden the use of electronic recording in trial courts for low-income litigants' appeals.
Harbor's 2024 survey with CLOC shows 83% expect rising legal service demand, 30% use AI tools, 63% face workload challenges, and cost control is key.
New York Governor signed a bill expanding e-filing in New York's trial courts, enhancing efficiency and fairness, while reducing costs paperwork, and environmental impact.
The Supreme Court is considering several key IP cases, including trademark misappropriation, ISP liability for copyright infringement, and trade secret law.
The Washington Supreme Court's 10-year pilot program allows non-lawyer-owned entities to provide legal services, aiming to improve access and reform regulation.
The American Arbitration Association partners with Clearbrief.ai to offer AI tools to arbitrators, mediators, and parties in proceedings.
Listen
Elon Musk's AI claim raises concerns about the rule of law, while judges withdraw plans, and law school applications increase. (33 mins)
Ilona Logvinova, Director of Practice Innovation at Cleary Gottlieb, discusses her work in AI and legal tech, offering insights on leveraging technology to help lawyers thrive. (38 mins)
Tanner’s Other Page Turners
Mary Louis filed a lawsuit against SafeRent for biased AI tenant screening, after being rejected for an apartment by an AI-generated scoring system.
A flaw in Motorola’s license plate cameras exposes real-time vehicle data and video feeds amid privacy and surveillance concerns.
Deep is creating underwater habitats for long-term seafloor living by 2030, advancing marine research and sustainable ocean habitation.
A Belgian ultrarunner ran a marathon daily in 2024, raising €60,000 for breast cancer research and aiming for a world record.
Cambridge researchers created a process to recycle concrete and steel, producing zero-carbon cement.
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About The LegalTech Fund We invest in companies transforming the world of law. This newsletter is put together by the team at The LegalTech Fund. Follow us on LinkedIn.
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