Legal technology (LegalTech) stories - Page 4

Thomson Reuters launches Trust in AI Alliance with Anthropic, AWS, Google Cloud and OpenAI to develop trustworthy agentic AI systems.

Litera debuts Litera One Mobile for iOS, bringing AI agent Lito and synced drafting, review and knowledge tools to lawyers on the move.

AI contract software startup Ivo secures USD $55 million Series B to speed contract review, as revenue surges 500% and UK expansion looms.

AI platform Harvey will open a Paris office in Q2 and has hired former Canva executive Jorge Bestard as Vice President of EMEA Sales.

iManage predicts 2026 will bring an agentic AI reality check, routine hallucination risk management and machine-led data restructuring.

Heavily regulated sectors and in-house legal teams are set to spearhead enterprise AI in 2026, turning compliance into a competitive edge.

AI's next wave in business will be sector-specific, process-led services as firms shift from generic tools to trusted, compliant platforms.

Credas and DezrezLegal complete first live home move using a reusable digital compliance wallet to cut repeated ID checks in conveyancing.

White & Case selects Legora as a strategic AI partner, rolling out its platform to lawyers in 43 offices across 29 countries worldwide.

UK start-up Conveyd raises GBP £2.5m to expand its AI-driven conveyancing platform, promising to cut home purchase times to weeks.

Inefficient contract drafting is costing UK businesses an estimated GBP £12.2bn a year, dragging on productivity across key sectors.

iManage reports 28% recurring revenue growth as firms rush to govern AI with cloud-based document management and tighter data controls.

UK homebuyers fear AI-fuelled ID fraud as two-thirds worry about fake documents yet still share sensitive data via email and messaging apps.

Conversational AI agents are poised to become lawyers' primary interface to knowledge, automating complex workflows while humans oversee quality.

Trench Group has cut contract review times by 80%, using AI from Luminance to streamline processes and reduce reliance on its legal team.

Icertis has acquired AI startup Dioptra to enhance its contract intelligence platform with advanced automation and risk review tools for legal teams.

Eleanor Lightbody, CEO of Luminance, wins Tech Businesswoman of the Year for leading global growth and raising USD $115m in funding.

Law firms are transforming financial planning and analysis, using integrated data and AI to drive strategy and boost profitability beyond traditional spreadsheets.

A report reveals 87% of senior lawyers see AI-driven case strategy software as essential, reshaping litigation by improving outcomes and competitiveness.

Litera embeds its AI legal agent Lito into core products at no extra cost, offering tens of thousands of lawyers AI automation within trusted tools.