Know What's Happening in LegalTech

SEC Updates Litigation Enforcement Manual, Driving Legal‑Tech Overhaul
NewsMay 6, 2026

SEC Updates Litigation Enforcement Manual, Driving Legal‑Tech Overhaul

The SEC announced major revisions to its litigation enforcement manual in February, urging staff to share evidence with prospective defendants and giving companies a clearer path to argue against enforcement actions. The changes, hailed by Chairman Paul S. Atkins as...

By Pulse
Is the Telephone Dying in Conveyancing – and Is It Slowing Down Your Sales?
NewsMay 5, 2026

Is the Telephone Dying in Conveyancing – and Is It Slowing Down Your Sales?

Conveyancing firms are increasingly relying on email, portals and messaging, sidelining the telephone despite its speed advantages. While digital tools provide audit trails and scalability, they can create long email chains that delay resolutions, especially for complex, time‑sensitive matters. A...

By Property Industry Eye
AI Misreads Contract, Turns Pipeline Leads Into Paid Referrals
SocialMay 5, 2026

AI Misreads Contract, Turns Pipeline Leads Into Paid Referrals

Another AI mishap story Founder wants to set up a referral contract I write in their contract any companies already in their pipeline don’t count for referral fees. The founder runs my contract through AI, and AI gives them a clause that...

By Omeed Tabiei
FRB Hires Christopher Warren to Launch AI‑native Newark Office and Co‑chair AI Practice
NewsMay 5, 2026

FRB Hires Christopher Warren to Launch AI‑native Newark Office and Co‑chair AI Practice

Falcon Rappaport & Berkman (FRB) announced that Christopher Warren has joined as New Jersey Managing Partner and co‑chair of its Artificial Intelligence Practice Group. The firm simultaneously opened a Newark office designed as an AI‑native incubator, signaling a deeper commitment...

By Pulse
Thomson Reuters Leans on Legal AI Services to Battle SaaS-Pocalypse
BlogMay 5, 2026

Thomson Reuters Leans on Legal AI Services to Battle SaaS-Pocalypse

Thomson Reuters posted a 10% revenue increase to $2.1 billion in Q1 2026, driven by a 10% rise in recurring revenue and a 15% jump in transaction fees. Adjusted EBITDA grew 9% to $881 million, keeping a 42.3% margin. The company highlighted...

By A Media Operator
Exploring Future Vision and Maniac VC Origins
SocialMay 5, 2026

Exploring Future Vision and Maniac VC Origins

my interview with @ti_morse on @relentless. we touch on @flexpa, @rossintel, the roots of @maniacvc and my vision of the future. https://t.co/OFZGvkV9U7

By Andrew Arruda
Motion to Compel Forensic Image of Cell Phone: Granted in Part; Denied in Part
NewsMay 5, 2026

Motion to Compel Forensic Image of Cell Phone: Granted in Part; Denied in Part

The California district court partially granted Ticketmaster’s motion to compel a forensic image of plaintiff Michelle Madrigal’s cell phone, finding the data highly relevant to her alleged deceptive‑pricing claims. While approving the request, the court imposed strict limits: the examination...

By EDRM (Electronic Discovery Reference Model)
LinkSquares Unveils First All‑Agentic CLM Platform, Automating Drafting, Redlining and Execution
NewsMay 5, 2026

LinkSquares Unveils First All‑Agentic CLM Platform, Automating Drafting, Redlining and Execution

LinkSquares announced the launch of an all‑agentic contract lifecycle management platform that automates drafting, redlining and workflow execution. Built on its LinkAI engine, the solution claims to cut hours‑long tasks to minutes, marking a shift from AI‑assisted to AI‑driven contract...

By Pulse
Dealing With AI Pressures: Thriving With An Abundance Of Knowledge
BlogMay 5, 2026

Dealing With AI Pressures: Thriving With An Abundance Of Knowledge

Law firms are scrambling to acquire AI technologies to satisfy increasingly demanding clients. However, many clients lack clear expectations, and firms often purchase tools they don’t understand, resulting in wasted budgets and underutilized solutions. The mismatch creates frustration on both...

By TechLaw Crossroads
AI Risks With the Patent Office: What Life Science Companies Should Be Asking Now
NewsMay 5, 2026

AI Risks With the Patent Office: What Life Science Companies Should Be Asking Now

Life‑science companies are increasingly using generative AI to draft patent applications, but statements filed with the USPTO become a permanent record. Errors or “hallucinations” produced by AI lack warning labels, exposing firms to potential inequitable‑conduct claims. While AI can boost...

By JD Supra – Legal Tech
Charting Change in Legal: AI-First Law Firms, Big Tech, and the Future of Legal Work
BlogMay 5, 2026

Charting Change in Legal: AI-First Law Firms, Big Tech, and the Future of Legal Work

In the latest episode of Charting Change in Legal, analysts Ari Kaplan and Caroline Hill dissect the rise of AI‑first law firms, exploring how venture funding and new business models are redefining the legal services market. They examine big‑tech giants...

By Legal IT Insider
Your Multi-Payor Billing Headache? Yep, We Solved That.
BlogMay 5, 2026

Your Multi-Payor Billing Headache? Yep, We Solved That.

Centerbase has launched Multi‑Payor Billing, letting law firms assign several payors to a single matter and define percentage splits. The system automatically routes invoice portions, updates AR Aging with each payor’s balance, and injects the required Payor’s Client Matter ID...

By Legal Tech Daily
California Bar Proposes Rule Requiring Lawyers to Verify Every AI Output — and Five Other AI-Focused Ethics Changes
BlogMay 5, 2026

California Bar Proposes Rule Requiring Lawyers to Verify Every AI Output — and Five Other AI-Focused Ethics Changes

The California State Bar’s professional‑responsibility committee has proposed amendments to six Rules of Professional Conduct that embed specific AI obligations, moving from guidance to enforceable rules. The changes require lawyers to independently verify any AI‑generated output, disclose AI use when...

By LawSites (LawNext) by Bob Ambrogi
Epiq Sponsors and Speaks at CLOC Global Institute 2026
BlogMay 5, 2026

Epiq Sponsors and Speaks at CLOC Global Institute 2026

Epiq announced its sponsorship and speaking role at the CLOC Global Institute 2026 in Chicago, running May 11‑14. The company will showcase its AI‑powered legal solutions at booth 502 and host two sessions focused on improvisation‑driven innovation and C‑suite leadership...

By eDiscovery Today
KuCoin EU Builds ‘Bank-Grade’ AML Machine Head of MiCA Deadline
NewsMay 5, 2026

KuCoin EU Builds ‘Bank-Grade’ AML Machine Head of MiCA Deadline

With the MiCA transitional period ending on July 1, KuCoin EU is strengthening its compliance infrastructure. The exchange has hired C. Kleinhans, former head of compliance at ICBC Austria, as its new Anti‑Money Laundering Officer, and added two ex‑regulators, Klinger and...

By The Fintech Times – RegTech
AI Adoption Is Not a Lawful Reason to Terminate: Reasserting Human Primacy in the Age of Agents
BlogMay 5, 2026

AI Adoption Is Not a Lawful Reason to Terminate: Reasserting Human Primacy in the Age of Agents

The article warns that AI adoption cannot be used as a standalone justification for terminating employees, emphasizing that dismissals must still meet established fair‑process standards. It outlines how jurisdictions—from the UK’s Employment Rights Act to EU’s AI Act—require genuine redundancy,...

By Law + Koffee
Unleashing the Potential: Optimizing Compliance with EDD Software and Tools
NewsMay 5, 2026

Unleashing the Potential: Optimizing Compliance with EDD Software and Tools

Enhanced Due Diligence (EDD) is a critical compliance framework that intensifies scrutiny of high‑risk clients and large transactions to combat money laundering and terrorist financing. The article outlines how dedicated EDD software automates data gathering, risk scoring, screening against sanctions...

By Financial Crime Academy – Blog
Emergency Preservation and Limited Forensic Collection Order Entered by Court: EDiscovery Case Law
BlogMay 5, 2026

Emergency Preservation and Limited Forensic Collection Order Entered by Court: EDiscovery Case Law

U.S. District Judge Lewis J. Liman issued an emergency preservation and limited forensic collection order in Recoop LLC v. Outliers Inc., requiring Recoop to preserve all corporate‑ESI and suspend any auto‑deletion. The order mandates a neutral forensic vendor to conduct...

By eDiscovery Today
AI and Alternative Dispute Resolution (Are We Ready for AI-DR?)
NewsMay 5, 2026

AI and Alternative Dispute Resolution (Are We Ready for AI-DR?)

The column warns that generative AI tools are increasingly used in the early stages of civil disputes, from drafting complaints to preparing for mediations, but they lack the ethical reasoning of human lawyers. Recent studies reveal that large language models...

By Slaw (Canada’s Online Legal Magazine)
FinScan Expands AML Screening to Digital Wallets
NewsMay 5, 2026

FinScan Expands AML Screening to Digital Wallets

FinScan has upgraded its Payments solution to screen stablecoin transactions and digital‑wallet addresses against global sanctions lists. The enhancement lets banks and fintechs run AML checks on both traditional rails and emerging digital assets through a single API. FinScan’s platform...

By RegTech Analyst
Wolters Kluwer Unveils Libra AI Workspace Upgrade with Advanced Contract Review
NewsMay 5, 2026

Wolters Kluwer Unveils Libra AI Workspace Upgrade with Advanced Contract Review

Wolters Kluwer Legal & Regulatory rolled out a new version of its Libra AI workspace, adding deeper contract‑review tools, tighter chat‑workflow integration and a Microsoft Word add‑in. The upgrade responds to user feedback and expands the platform’s all‑in‑one legal‑tech proposition...

By Pulse
AI and the End of Level 1 Compliance Roles
NewsMay 5, 2026

AI and the End of Level 1 Compliance Roles

AI is fundamentally reshaping financial‑crime compliance, replacing the traditional Level 1 analyst base with automated digital workers. The technology can gather data, review transactions, draft narratives and apply consistent logic, flattening the pyramid‑style organization. As routine alerts become machine‑handled, banks must...

By RegTech Analyst
Product Walk Through: ThoughtRiver – AI Contract Review
BlogMay 5, 2026

Product Walk Through: ThoughtRiver – AI Contract Review

ThoughtRiver showcased its AI‑driven contract review platform in an AL TV walkthrough, highlighting how generative AI and machine learning pinpoint legal details at a granular level. The demo demonstrated a one‑click redline tool, automated triage of multiple document versions, and...

By Artificial Lawyer
Jurisphere Raises $2.2 Mn Led by InfoEdge Ventures
NewsMay 5, 2026

Jurisphere Raises $2.2 Mn Led by InfoEdge Ventures

Jurisphere, a legal‑AI startup founded in 2024, announced a $2.2 million financing round. The round was led by InfoEdge Ventures with participation from Flourish Ventures, Antler and 8i Ventures. The capital will support global expansion and the development of an AI‑native...

By Entrackr
Document Management for Early-Stage and Scaling Businesses
BlogMay 5, 2026

Document Management for Early-Stage and Scaling Businesses

As early‑stage companies scale, document volume and stakeholder complexity surge, turning file management into an operational risk. Centralizing contracts, HR policies, and financial records in a cloud‑based system cuts search time and safeguards compliance. Features such as version control, role‑based...

By Think Insights
Ncontracts Launches Nquiry AI Platform for Instant, Auditable Compliance Answers
NewsMay 5, 2026

Ncontracts Launches Nquiry AI Platform for Instant, Auditable Compliance Answers

Ncontracts introduced Nquiry, an AI‑powered regulatory intelligence platform, on May 4, 2026 in Nashville. The tool promises to return cited, auditable answers to complex compliance questions within minutes, drawing on 17 years of proprietary data. Legal and risk teams in...

By Pulse
Law Librarians Have a Plan for AI. The Publishing of Legal Practitioners Is Not In It.
BlogMay 4, 2026

Law Librarians Have a Plan for AI. The Publishing of Legal Practitioners Is Not In It.

A white paper released in October by a coalition of senior law librarians outlines a three‑part strategy to shape AI‑driven legal research. The plan calls for a central coordinating body, comprehensive training for legal information professionals, and a shared knowledge...

By Real Lawyers Have Blogs
Singapore Legal Leaders Warn AI Talent Squeeze as One‑Third of New Lawyers Eye Exit
NewsMay 4, 2026

Singapore Legal Leaders Warn AI Talent Squeeze as One‑Third of New Lawyers Eye Exit

Singapore’s top legal figures told a Supreme Court roundtable that rapid AI adoption and burnout are pushing a third of newly admitted lawyers to consider leaving the profession. The discussion, held alongside the launch of the 2026 Hackathon for a...

By Pulse
Nvidia Bet on Legal AI. The Inference Logic Is What Matters.
BlogMay 4, 2026

Nvidia Bet on Legal AI. The Inference Logic Is What Matters.

Nvidia’s venture arm NVentures led a $50 million Series D extension for Legora, marking its first legal‑tech investment and underscoring a bet on the massive inference workload legal AI generates. The EU AI Act will be fully enforceable on August 2, prompting procurement...

By B2B AI & SaaS Executive Intelligence
AI Copyright Litigation Continues as NVIDIA Training Data Case Moves Forward
NewsMay 4, 2026

AI Copyright Litigation Continues as NVIDIA Training Data Case Moves Forward

Federal Judge Jon S. Tigar denied NVIDIA’s motion to dismiss, allowing the core copyright claims in Nazemian et al. v. NVIDIA to proceed. The plaintiffs allege NVIDIA copied and stored unauthorized digital copies of books from shadow libraries to train its NeMo Megatron large‑language...

By JD Supra – Legal Tech
How to Replace DocuSign in 30 Minutes for $5 a Month ✍️
BlogMay 4, 2026

How to Replace DocuSign in 30 Minutes for $5 a Month ✍️

DocuSign, a $9 billion e‑signature giant, charges $10‑$65 per user per month and adds fees for SMS, ID verification, and envelope caps, pushing a 50‑person team to $24,000‑$39,000 annually. An open‑source alternative, DocuSeal, replicates the same 13 field types and compliance...

By The AI Corner
Everlaw and Legora Announce Integration to Connect Discovery and Drafting
BlogMay 4, 2026

Everlaw and Legora Announce Integration to Connect Discovery and Drafting

Everlaw and Legora have announced a technology partnership that embeds Everlaw’s document repository directly into Legora’s drafting and collaboration platform. The integration lets litigators pull relevant evidence into witness statements, deposition questions, and trial briefs without leaving Legora, preserving a...

By Legal Tech Monitor
Court Refuses to Enter Fed.R.Evid. 502(d) & “Clawback” Order Without Agreement; Also Refuses to Order Production of Responsive Documents That...
NewsMay 4, 2026

Court Refuses to Enter Fed.R.Evid. 502(d) & “Clawback” Order Without Agreement; Also Refuses to Order Production of Responsive Documents That...

In Medal v. Amazon.com Services, the Western District of Washington held that a Federal Rule of Evidence 502(d) confidentiality order and a procedural clawback provision cannot be imposed without the parties’ consent. The court also declined to compel production of...

By EDRM (Electronic Discovery Reference Model)
Episode 411 — Third-Party AI Risk and Vendor Due Diligence
BlogMay 4, 2026

Episode 411 — Third-Party AI Risk and Vendor Due Diligence

The *Corruption, Crime & Compliance* podcast highlights the expanding risk of third‑party AI embedded in SaaS, analytics and service platforms. Companies now face data leakage, bias, regulatory liability, and IP concerns stemming from vendors’ AI use. Host Michael Volkov recommends...

By Corruption, Crime & Compliance
Legal AI Startup Legora Hits $5.6 Billion Valuation with Nvidia Backing; Jude Law Leads New Campaign
NewsMay 4, 2026

Legal AI Startup Legora Hits $5.6 Billion Valuation with Nvidia Backing; Jude Law Leads New Campaign

Legora, a legal‑tech artificial‑intelligence startup, announced a valuation of $5.6 billion after securing venture backing from Nvidia. The company simultaneously unveiled a global advertising campaign fronted by actor Jude Law, signaling a push to mainstream its services for law firms and...

By Pulse
Dealing With AI Pressures: Thriving With An Abundance Of Knowledge
NewsMay 4, 2026

Dealing With AI Pressures: Thriving With An Abundance Of Knowledge

Law firms are feeling unprecedented pressure from clients to deploy generative AI within weeks, or risk losing business. Many firms respond with panic purchases of off‑the‑shelf tools, often without a clear use case or integration plan, leading to costly failures....

By Above the Law
Microsoft Puts Legal Agent Inside Word, Sharpening Contract-Review Competition
BlogMay 4, 2026

Microsoft Puts Legal Agent Inside Word, Sharpening Contract-Review Competition

Microsoft launched Legal Agent inside Word for Windows through its Frontier early‑access program, embedding clause‑by‑clause playbook review, tracked‑change redlining, and rationale comments directly in the drafting environment. The feature is limited to U.S. tenants with Microsoft 365 Copilot licenses and...

By ComplexDiscovery
Everlaw and Legora Announce Integration to Connect Discovery and Drafting
BlogMay 4, 2026

Everlaw and Legora Announce Integration to Connect Discovery and Drafting

Everlaw and Legora announced a technology partnership that integrates Everlaw’s cloud‑based e‑discovery platform with Legora’s collaborative drafting environment. The integration lets attorneys pull documents, metadata and privilege markings directly from Everlaw into Legora without manual export or re‑upload. The secure...

By Legal Tech Daily
Darrow AI Launches ERISA‑Focused Risk Analytics Platform for Law Firms and Investors
NewsMay 4, 2026

Darrow AI Launches ERISA‑Focused Risk Analytics Platform for Law Firms and Investors

Darrow AI rolled out an AI‑driven risk intelligence platform that analyzes data from more than 200,000 plan sponsors and $6 trillion in assets to flag hidden ERISA, privacy and financial‑services violations. The company used webinars and thought‑leadership content to market the...

By Pulse
The Pyramid Has Already Broken
BlogMay 4, 2026

The Pyramid Has Already Broken

A fast‑growing U.S. law firm, Pierson Ferdinand, now runs with more than 270 partners and no junior associates, relying on AI to perform tasks traditionally done by entry‑level lawyers. The firm’s model proves that capable AI can undercut the economic...

By Antony Slumbers
Maximize Your AML Efforts: Harnessing the Potential of Risk Assessment Software
NewsMay 4, 2026

Maximize Your AML Efforts: Harnessing the Potential of Risk Assessment Software

Anti‑Money Laundering (AML) risk assessment is a regulatory cornerstone for banks, fintechs, and real‑estate firms, requiring systematic evaluation of customer, transaction, and geographic risks. Modern AML risk assessment software automates this process, leveraging AI and data science to flag suspicious...

By Financial Crime Academy – Blog
Open‑Source Legal AI 'Mike' Gains 1,000 Stars in 72 Hours, Challenging Proprietary Platforms
NewsMay 4, 2026

Open‑Source Legal AI 'Mike' Gains 1,000 Stars in 72 Hours, Challenging Proprietary Platforms

Will Chen, a former Latham & Watkins attorney, launched the open‑source legal AI platform Mike, which amassed more than 1,000 GitHub stars and 300 forks within 72 hours. The tool promises end‑to‑end document review, tabular analysis and workflow automation while...

By Pulse
Currency Transaction Report Computerisation
NewsMay 4, 2026

Currency Transaction Report Computerisation

Firms facing AML compliance pressures are turning to automated Currency Transaction Report (CTR) systems. These platforms replace manual data entry with real‑time detection, authentication, and electronic filing, cutting human error and speeding reporting. Automation also provides centralized dashboards, configurable detection...

By Financial Crime Academy – Blog
Interviews with Our Editors: Albert Leung and Wenny Huang of the eBRAM International Online Dispute Resolution Centre
BlogMay 4, 2026

Interviews with Our Editors: Albert Leung and Wenny Huang of the eBRAM International Online Dispute Resolution Centre

The eBRAM International Online Dispute Resolution Centre, founded in 2018 in Hong Kong, combines institutional governance with purpose‑built LawTech to deliver end‑to‑end online arbitration and mediation. Acting CEO/CTO Albert Leung and Deputy CEO Wenny Huang explain that eBRAM’s not‑for‑profit model embeds...

By Kluwer Arbitration Blog
CFTC Deploys AI Surveillance Tools to Flag Risky Derivatives Trades
NewsMay 4, 2026

CFTC Deploys AI Surveillance Tools to Flag Risky Derivatives Trades

The Commodity Futures Trading Commission is launching AI‑powered market‑surveillance systems that flag abnormal trading patterns and streamline registration reviews. The move, announced by Chairman Michael S. Selig, seeks to offset a more than 20% workforce reduction and speed up enforcement...

By Pulse
Execution, Not Complexity, Is the New Moat
SocialMay 4, 2026

Execution, Not Complexity, Is the New Moat

$11B product… rebuilt in 2 weeks. Harvey is valued at $11B. Legora at $5.5B. But their core experience isn’t magic it’s execution. A developer tested this idea and rebuilt a similar app in just two weeks using Claude. Assistant, projects, tabular reviews, workflows...

By Naveed Ullah
BigLaw Firms Grapple with 13‑minute Word Delays, Sparking a Tech Overhaul
NewsMay 4, 2026

BigLaw Firms Grapple with 13‑minute Word Delays, Sparking a Tech Overhaul

A viral associate post revealed that opening a single Word document in NetDocuments now takes 13 minutes, exposing a productivity drain across elite law firms. The delay, compounded by sluggish search latency and integration woes, is driving firms to accelerate...

By Pulse
Colorado Senate Pushes SB 189 to Lighten AI Rules for Legal‑Tech Firms
NewsMay 3, 2026

Colorado Senate Pushes SB 189 to Lighten AI Rules for Legal‑Tech Firms

Colorado Senate Majority Leader Robert Rodriguez unveiled Senate Bill 189, a bill that replaces the heavy‑handed 2024 AI law with a notice‑based framework and a split‑liability model. The change aims to reduce compliance costs for AI‑driven legal‑tech providers while preserving...

By Pulse
AI 2026 Forecast Puts Legal‑Protection at Forefront of LegalTech Growth
NewsMay 3, 2026

AI 2026 Forecast Puts Legal‑Protection at Forefront of LegalTech Growth

The Financial Express released its 2026 AI trend report, noting a sharp shift toward legal‑protection applications and heightened regulatory focus. The analysis signals a new growth engine for LegalTech firms as enterprises seek AI tools to manage compliance, litigation risk,...

By Pulse