General Atlantic
Legal tech investments: Evisort
Growth equity giant General Atlantic, which has invested in buzzy fintech startups like Albert and Chime, made its first foray into legal tech in February, leading the $35 million Series B of Evisort, a contract life cycle management company. Prior to COVID, the legal landscape was a traditional, paper-based industry ripe for disruption, said Alex Crisses, a managing director at the firm. We see the automation of contract management and the utilization of AI in a legal tech capacity as one of the great themes of 2021 and beyond.
General Atlantic looks for investments in technology that are highly differentiated, Crisses told Insider. Crisses said Evisort s tech covers a wide range of use cases, can be speedily implemented, and ultimately delivers strong return on investment. This is a classic
Offering Expertise and Custom-Built Models for its Clients to Enable Client-Specific AI Value and Differentiation
NEW YORK, May 05, 2021 (GLOBE NEWSWIRE) Epiq, a global technology-enabled services leader for corporate legal departments and law firms, today announced that it is providing a unique combination of pre-built AI models, a team of experts, and an innovative program to help its Epiq eDiscovery Managed Services clients create, build, and nurture their own AI model libraries based on their specific practices and data sets. Epiq’s dedicated eDiscovery Managed Services organization has long led the industry with its programmatic and tailored approach to eDiscovery and service delivery innovation. Its application of advanced AI technology within a proven eDiscovery managed services delivery model makes Epiq the first to offer law firms and corporate legal departments managed AI services including unlimited access to industry-leading AI platforms such as Brainspace and Nex
Epiq Accelerates Artificial Intelligence (AI) Innovation for the Legal Industry
Offering Expertise and Custom-Built Models for its Clients to Enable Client-Specific AI Value and Differentiation
NEW YORK, May 05, 2021 (GLOBE NEWSWIRE) Epiq, a global technology-enabled services leader for corporate legal departments and law firms, today announced that it is providing a unique combination of pre-built AI models, a team of experts, and an innovative program to help its Epiq eDiscovery Managed Services clients create, build, and nurture their own AI model libraries based on their specific practices and data sets. Epiq’s dedicated eDiscovery Managed Services organization has long led the industry with its programmatic and tailored approach to eDiscovery and service delivery innovation. Its application of advanced AI technology within a proven eDiscovery managed services delivery model makes Epiq the first to offer law firms and corporate legal departments managed AI services incl
Offering Expertise and Custom-Built Models for its Clients to Enable Client-Specific AI Value and DifferentiationNEW YORK, May 05, 2021 (GLOBE NEWSWIRE) Epiq, a global technology-enabled services leader
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Anyone reading news about legal technology recently has seen the massive surge in big money deals across the industry. Over the last several months, the industry has seen blockbuster fundraises and M&A activity despite the pandemic. Just last month, contract management startup Ironclad raised over $100M. Around the same time, e-discovery company Disco, raised roughly the same amount. Weeks ago, Reveal Data raised $200M, spurring the acquisition of leading AI-backed data analytics platform Brainspace.
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Anyone reading news about legal technology recently has seen the massive surge in big money deals across the industry. Over the last several months, the industry has seen blockbuster fundraises and M&A activity despite the pandemic. Just last month, contract management startup Ironclad raised over $100M. Around the same time, e-discovery company Disco, raised roughly the same amount. Weeks ago,