Top Legal AI Company News | August 29 - September 5, 2024
Allan Walters has joined Robin AI as Chief Revenue Officer in the United States, previously serving in the same role at another company...
Using RivalSense, we have discovered last week's most important developments and news on companies like Harvey AI, SoloSuit, Robin AI, Signaturely, Docsumo, DoNotPay, Leegality, Credgenics, Casetext, Lawvu, and other trending Legal AI companies.
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🚀 New Product Offerings
- Docsumo launched ChatAI to quickly fetch document details.
- Harvey launched BigLaw Bench, a system to evaluate the accuracy of genAI tools on legal tasks, scoring 74% overall compared to GPT-4o's 61%.
- LawVu launched a real-time legal dashboard for GCs and legal leaders.
- Signaturely launched ContentForce AI, a flexible and affordable AI blog post generator with semantic SEO features.
- Legatics introduced new AI features to streamline the creation of signature packs, making it easier to find, filter, and assign signature pages.
- LawVu launched an automated invoice approval feature to reduce manual intervention and improve efficiency.
- Harvey and Icertis integrate to accelerate CLM workflows by combining AI-powered contract intelligence with domain-specific models.
- Yousign's new qualified electronic signature solution will soon be available for free to sworn translators on SwanTrad.
- Harvey released a new version of its GenAI Assistant with specialized modes, iterative functionality, and performance improvements.
- Harvey released new models, algorithms, and interaction modes in a landmark update.
- Thirdfort is investing heavily in better Know-Your-Business (KYB) checks to support the fight against money laundering and fraud.
- Yousign has integrated with LeadBoxer, saving 20 million hours of work.
🤝🏻 New Partnerships and Vendors
- Harvey partnered with WongPartnership to integrate generative AI in Singapore’s legal industry starting September 4.
- Filevine partnered with Arctrieval Inc and Bennett Legal to share insights on expediting medical and billing record retrieval.
- Hansalog Gruppe has chosen Yousign as their preferred provider for electronic signatures, citing best value, modern design, user-friendliness, and a positive overall impression.
- Visioneer Inc. promotes using Xerox Scanners with Docsumo for better document processing efficiency.
- Arbor Realty Trust increased productivity by 25% using Docsumo.
- Christian Ebbecke, CEO of HRlab GmbH, chose Yousign for its simple implementation, pragmatic support, and EU legal compliance.
💡 Other Notable News
- Allan Walters has joined Robin AI as Chief Revenue Officer in the United States, previously serving in the same role at another company.
- Harvey is expanding beyond legal services to target the professional services market.
- Harvey raised $100 million in Series C funding at a $1.5 billion valuation from Google Ventures, OpenAI, KPCB Fellows, Sequoia, Elad Gil, and SV Angel.
- Alban Sayag, CEO of Yousign, will host a round table at the ARRtist Summit in Berlin on October 10th, discussing GTM strategies and Yousign's growth against Docusign.
- Valerie Pennacchio has joined Legatics as Vice President US Business Development in the United States, previously working as Manager, Practice Innovation at Kirkland & Ellis.
- Shane Mayes has joined Genie AI as People in the United Kingdom, previously serving as Head of People at Primer.
- Kalina Leopold Oak has joined Legatics as VP US Customer Experience in the United States, previously serving as Strategic Growth Consultant at Legal Tech Consultants.
- Ishank S. has left Docsumo as Founding AE in India to join MeetRecord as GTM.
- Robin AI has opened a new office in Singapore to serve as its Asia-Pacific hub and will start by building out its legal team.
- Filevine's ImmigrationAI tool will be featured in the Innovator's Spotlight session at the AILA Fall Conference in Dallas on September 27.
- Filevine ranked #14 in Utah Business's Fast 50 List of the state's fastest-growing companies on September 3.
- Filevine achieved 2,269% revenue growth over five years and was recognized among the fastest growing private companies for the fifth year.
- Leegality is helping over 100 banks and NBFCs build compliant KFS flows ahead of the October 1st RBI deadline, according to Utkarsh Srivastava, Associate Director - Growth.
- Miles Stanton has started a new position as Head of Legal (APAC) at Robin AI.
- Filevine is hosting a legal tech summit with keynote speakers and product announcements on September 10-11.
- Filevine showcased tailored training and customizable solutions at the CAALA event in Vegas, highlighting client success stories.
- Harvey achieved $0-30M ARR in the last 18 months.
- Credgenics won an award for excellence in Collections Technology Solutions - Debt Management at the 2nd Edition Collections and Recovery Summit India, 2024.
- Yousign will participate in B2B Rocks 2024.
- Ty Wilkins joined Harvey as Design Director in the United States, previously serving as Venture Partner at Chapter One.
- Harvey is currently seeking a Commercial Counsel in the United States.
- Juan Pablo Sandoval Celis joined Harvey as Strategic Business Development Lead in the United States, previously working at another company.
- Joe Wiese joined Harvey as GTM in the United States, previously working at an unspecified company.
- Harvey will be showcasing their AI-driven platform at ILTACON, organized by the International Legal Technology Association.
- Robin AI is currently hiring for the position of Content Marketing Lead, Alternative Assets in the United States.
- James Clough, CTO of Robin AI, introduced a discussion at an SRA-sponsored roundtable on AI in legal services, emphasizing the need to prepare for AI handling most text-based legal work.
- Olivia Vaughan started as VP, Legal at Robin AI.
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