Billionaire venture capitalist Tim Draper, known for early investments in companies such as Twitter, Skype and DocuSign, has invested $1 million in seed capital in Jur, a blockchain-based dispute resolution platform founded in Switzerland.
Draper described Jur’s dispute resolution platform as “the future of decentralized justice” and its recently issued cryptocurrency, the Jur…

Eight students in the LawX legal design lab at BYU Law have developed an online resource, called Goodbye Record, that is designed to address flaws in the process for expunging criminal records in Utah and potentially other states as well.
I’ve written a number of times about LawX, a lab program launched in 2017…

Do you feel like your law firm is hemorrhaging money? Maybe it is and you don’t even realize it. Take the time to evaluate how your firm operates and identify how you can help stop the bleed.
Top three ways to save:
1)           Don’t duplicate effort or function.
Many law firms pay top dollar for…

In today’s episode of How It Works, we look at Ironclad, the contract lifecycle management platform used by innovative companies such as L’Oréal, Staples and Mastercard to collaborate and negotiate on contracts, accelerate contracting while maintaining compliance, and turn contracts into critical carriers of operational business intelligence.
To introduce the product and demonstrate how…

The cloud-based e-discovery and litigation platform Everlaw today kicks off Illuminate 2021, its first industry conference, and as it does, it is reporting a year of record growth.
Over the past year, the company saw 67% compound annual run rate growth (CAGR) over the prior three years, and a 140% increase in U.K. revenue…

The legal technology company Clio this morning announced a Series E investment of $110 million at a valuation of $1.6 billion, making it the first law practice management company to achieve so-called unicorn status and one of only a small number of legal tech companies overall to achieve that status.
In special episode of my…

The online dispute resolution service FairClaims is taking on established commercial arbitration services such as JAMS and the American Arbitration Association with a new offering that it says will resolve disputes far faster and at a fraction of the cost.
FairClaims’ new FastTrack Arbitration service is designed for business disputes of $25,000 or more, with…

In case you missed it, here is the video of yesterday’s Legaltech Week journalist’s roundtable.
This week’s top stories:

• 4:32​ – Dating App for Lawyers (Selected by Joe Patrice)
• 7:22​ – SCOTUS Opinion on Fair Use of Coding in Google vs. Oracle (Selected by Joe Patrice)
• 10:22​ – Rocket Lawyer’s $223m investment

…

Reynen Court, the so-called app store for legal technology, yesterday announced a new full-service offering aimed at making it easier and more economical for mid-sized law firms and corporate legal departments to test and deploy innovative cloud-based applications.
The new offering provides provides firms and legal departments turn-key access to what the company describes…

In today’s episode of How It Works: Storybuilder by Everlaw, a free, secure narrative building and trial preparation platform.
Product Lead Kevin Kraft presents an introduction of the product and a walkthrough of how it works.

How It Works is a sponsored video series that lets you see how legal technology products work. Each…

A common service that law firms perform is to compile multijurisdictional surveys of laws, regulations or other legal data. But an equally common problem is presenting that data in a way that is visually informative and compelling.
A new product called Map Engine aims to solve that problem by making it easy and economical for…

The online legal services provider Rocket Lawyer has raised $223 million in growth capital financing to help it meet what it says has been a strong and accelerating demand for its digital legal documents and advice.
The financing was led by Vista Credit Partners a strategic credit investor and financing partner focused on the enterprise…

LexFusion, the company that launched last October as a go-to-market collective of seven legal technology companies, has now added another three members to the roster of companies it represents.
LexFusion aims to change the paradigm for how law firms and legal departments purchase technology by serving as the go-to-market representative of companies that it…