Want to find out why legal pros are looking into innovative new technologies? Check out The Current State of Legal Tech
You've no doubt heard of ChatGPT, the amazing chatbot that can produce remarkably high quality text on any number of topics. When it first hit the scene, social media was filled with fun but non-essential uses...
AI has set the tech world on fire. At IVP, we’ve carefully monitored its advance over years, tested almost every AI product, talked with hundreds of AI founders, and invested in some of the leading AI companies...
When I came out as autistic on LinkedIn eight months ago, it was the corporate culture fostered by my software company that finally gave me the freedom to be my authentic self both at work and in my...
Generative AI has taken the world by storm, and the companies building the future are in a race to hire the best available tech talent. No technology has more rapidly changed humans’ relationship to their...
OpenAI’s GPT-4 is a multimodal large language model (LLM) that has changed the game for generative AI.It’s a pretty magical new technology that already has wide-ranging implications—from generating...
Lexion is an AI-powered contract management system with a unique pedigree, having emerged out of the Allen Institute for AI, the AI research institute created by Microsoft cofounder Paul Allen, and having...
Lexion gained a foothold by using artificial intelligence to help legal departments manage contracts. But now it’s taking aim at a much larger vision. The Seattle startup just raised $20 million...
In partnership with market research company Statista, America’s Best Startup Employers 2023 was compiled by evaluating 2,600 U.S.-based businesses with at least 50 employees based on three criteria...
Just as employees can wreak havoc by spreading confidential or sensitive internal information far and wide, legal departments and law firms will need to be on guard for generative AI tools with “loose lips,” experts...
There’s a new technology making waves that should be on your radar if it isn’t already: ChatGPT. The reason you should familiarize yourself with it is because all signs indicate that this cutting-edge AI...
Artificial intelligence has the potential to change the world in which we work and live. If you’ve been paying attention, you know that AI-related transformation is already happening, and the legal industry is not...
Not long after OpenAI rolled out its GPT-3 large language models, a handful of pioneers in the legal field dove headfirst to utilize the technology. One of the earliest legal tech adopters of GPT-3.5 technology...
Show, don’t tell, when it comes to your story. Providing advice to laid off in-house attorneys, Jessica Nguyen, Chief Legal Officer at Lexion, suggests pulling together some concrete examples of how your...
With the release of OpenAI’s ChatGPT, many people wonder what jobs will be affected by this new technology. Artificial intelligence (AI) has the potential to streamline and make many jobs more efficient...
The economic slowdown and tech layoffs have dealt a double blow to enterprise sales teams. Outreach CEO Manny Medina thinks AI can help. The Seattle startup is testing a new feature called...
A common stereotype of the legal sector is that it is quick to calcify and slow to change its established way of doing things. Regardless of how true this may be when compared to other industries, the world of law is...
The startup Lexion uses GPT-3 to help customers draft and amend legal documents. The company’s founders said the product is best used to assist an attorney rather than replacing one. The software...
In this week’s IA40 Spotlight Episode of Founded & Funded, Investor Elisa La Cava talks to Lexion Co-founder and CEO Gaurav Oberoi. Lexion was one of the first spinouts from AI2, and Madrona invested...
Seattle-based legal tech startup Lexion launched AI Contract Assist, a GPT-3 plug-in for Word which helps to draft and redline legal documents. CTO co-founder Emad Elwany worked for Microsoft Research on NLP...
General counsel are expected to rely on legal operations specialists to help them increase in-house departments’ value to the broader organization...
Legal chiefs expected to do more with less even while operational costs rise and compliance risks grow...
Speaking of conversational AI, Lexion — a Seattle-based legal tech startup — began using the language model GPT-3 from conversational AI nonprofit OpenAI. The software that Lexion developed assists...
Lexion - a Seattle-based legal tech startup - recently began using the language model GPT-3 from conversational AI nonprofit OpenAI. The software that Lexion developed assists lawyers in understanding...
As ChatGPT enthralls legal, CLM provider Lexion has successfully incorporated the underlying technology into its offerings. Here they discuss the process and what's to come from GPT-3.5 technology in legal work.
Lawyers can ask GPT-3 to help write contracts in Microsoft Word thanks to legal tech startup Lexion’s new AI Contract Assist Word plugin. The new tool offers assistance in drafting and negotiating terms, as well as...
Seattle legal tech startup Lexion is the latest company to take advantage of GPT-3, the language model from OpenAI that drew widespread interest following the recent release of ChatGPT...
Seattle-headquartered contract lifecycle management vendor Lexion today (20 December) unveils its AI Contract Assist tool, which uses GPT-3 to help lawyers with contract review and drafting...
The software company said its new AI-powered tool will speed up contract turnaround times by generating clause language and producing suggested redlines...
Here's more from legaltech startup Lexion itself on the company's GPT-3 based Contract Analyst tool. Very early (but exciting) days on generative AI's use in legal tech...
In case you haven’t noticed, the team at Killer Whale Strategies is breathless about ChatGPT (and all this generative AI stuff). I’ll tell you some of our big AI predictions for 2023 below, but first some fun.
If a recession is still in the cards next year, law firms and legal departments have had ample time to prepare. In addition to trimming costs, many are also looking to become more efficient by leveraging additional legal technology and automation...
In-house counsel are bullish on leveraging technology as a resource to help them reduce their workload in the face of hiring freezes, a survey of 450 legal professionals out this week shows...
As businesses prepare for a potential economic downturn, Lexion's "The Current State of Legal Tech" survey looks at the moves corporate legal professionals plan to make with tightened budgets...
Not surprisingly given the economy, a survey of inhouse legal professionals finds that companies are slowing down or freezing hiring, reducing outside counsel spending, and conducting layoffs...
Not surprisingly given the economy, a survey of inhouse legal professionals finds that companies are slowing down or freezing hiring, reducing outside counsel spending, and conducting layoffs...
Lexion, an artificial intelligence-powered contract management startup aimed at in-house legal teams at mid-market companies, said Thursday that it secured $11 million in a Series A funding round. Venture capital firm Khosla Ventures led the oversubscribed round for Seattle-based Lexion...
The Seattle startup that helps legal teams use AI to sift through contracts has quadrupled revenue and added 50 customers over the past four months, including brands such as Outreach, Blue Nile, OfferUp...
