We are thrilled to share the latest version of our LegalTech Landscape for Generative AI! 🚀 Generative AI is revolutionizing how law firms and companies operate, providing innovative solutions across various facets of the legal practice. With use cases exponentially growing and over $850M in capital raised across our landscape’s constituents, it’s clear that generative AI is not just a buzzword but a powerful tool reshaping the legal industry. Our market map is derived from 1,000+ founder meetings and split across early stage companies focused on bringing Generative AI to enhance efficiency and push the boundaries of innovation for (i) law firms and (ii) corporates. Given the incredible activity and growth across this segment, if you’re building in the space and don’t see yourself on the map - please leave us a 👋 in the comments! Link to maps: https://lnkd.in/d4jhX3jP #GenAI #TheLegalTechFund #Founders #CEOs
The LegalTech Fund
Venture Capital and Private Equity Principals
Miami, FL 5,777 followers
The LegalTech Fund invests in companies that are reimagining the world of law.
About us
We invest in and help entrepreneurs build companies that are disrupting the legal space.
- Website
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http://www.legaltech.com
External link for The LegalTech Fund
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 2-10 employees
- Headquarters
- Miami, FL
- Type
- Privately Held
Locations
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Primary
Miami, FL, US
Employees at The LegalTech Fund
Updates
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We love seeing SoloSuit highlighted! Solosuit helps the 9 million people who are sued for debt annually and lose their case by not responding to their suit. Users leverage SoloSuit's tools to send response letters when they receive debt collection summons - resulting in 50% of cases being dropped and another 30% being settled out of court. 🤝 See more about Solosuit and our other portfolio companies here: https://lnkd.in/epgvETZ2
Thanks to MSN for featuring us! "SoloSuit has established itself as a trusted mediator between collectors and consumers. 232,000 consumers have enrolled $1.51 billion on the site" "Collectors have an immediate opportunity to settle the $22.5 million consumers have brought to SoloSettle with the specific purpose of settlement." "We’re creating a future where everyone wins. We’re enabling collectors to recover more outstanding debts while empowering consumers to rebuild their credit and reclaim their financial independence.” https://lnkd.in/gM4KdS8e
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California Gov. Gavin Newsom and legislative leaders have extended state courts' authority to hold remote criminal and civil cases through 2026. 👀 This budget deal allows video appearances in criminal proceedings for two more years and civil cases for one more year, ending on Jan. 1, 2027. Despite setbacks, this temporary measure highlights the ongoing debate over the reliability of remote technology. How do you think this extension will impact the legal system? Read the full article here ➡️ https://lnkd.in/gVSShyew
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We enjoyed this recent report by Goldman Sachs 📑: Generative AI promises to revolutionize industries, yet massive investments (~$1 trillion) show limited results Experts are divided. Will AI automation boost productivity and economic growth, or will supply constraints hinder its potential? Read the full report here: https://lnkd.in/emmK6zWE
Gen AI: too much spend, too little benefit?
goldmansachs.com
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Join us for our next LinkedIn Live as Zach Posner interviews Basha Rubin, CEO & Co-founder, and Mirra Levitt, CPO & Co-Founder of Priori, one of The LegalTech Fund’s Portfolio Companies. Priori is a marketplace for in-house teams to find and select outside counsel. The platform connects in-house legal teams with talent from a vetted network of attorneys at firms of all sizes. The company’s second product, Scout, provides insights and analytics about current outside counsel relationships. The marketplace has more than 8,000 attorneys, with lawyers in all 50 states and 55 countries!
The LegalTech Fund x Priori Legal
www.linkedin.com
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🚀 Alert: New Market Map 🚀 We are thrilled to unveil our latest market map showing the landscape of early-stage companies revolutionizing the transaction management space in legaltech! 🗺️ This comprehensive overview is a testament to the incredible growth in transaction management, showcasing the innovative companies (80+ featured participants with $350M+ raised) that are streamlining processes, enhancing efficiency, and transforming the way transactions are managed. Given the significant activity and growth across this segment, if you’re building in the space and don’t see yourself on the map - please leave us a 👋 in the comments! https://lnkd.in/gwkBXxYk #LegalTech #TransactionManagement #Innovation #LegalIndustry #TechTrends #VentureCapital #MarketMap #LegalInnovation #FutureOfLaw
Transaction Management Market Map | Summer 2024 | The LegalTech Fund
legaltech.com
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🎧 What We're Listening To: The Balanced Promise of AI In this episode, the nuanced future of AI is explored. As stated on the podcast, “it won't solve all our problems or destroy the world, but it holds the potential to enhance our lives.” Thank you Kit Walsh & Jacob Hoffman-Andrews for this great listen! https://lnkd.in/gyCWHy3s
Podcast Episode: AI in Kitopia
eff.org
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We highly recommend this latest podcast! Join Dan Lear, VP at InfoTrack US, to explore the latest in legal tech and opportunities for law graduates. 🎧 Listen now: https://lnkd.in/eC5e_sru
Clients Care About Legal Tech: Dig Into Legal Tech and Tech Related Careers. - Legal Talk Network
https://legaltalknetwork.com