Your 2-minute guide to this weekโs legal tech developments
๐ก THIS WEEKโS BIG PICTURE
Law firms are no longer just buying AI toolsโtheyโre investing in the companies that make them. Weโve moved from experimentation to strategic commitment.
๐ฏ 5 KEY TRENDS
๐ผ Law firms investing directly in legal tech
๐ Platforms consolidating vs. point solutions
โ๏ธ Courts still proceeding cautiously
๐จ Growing focus on AI reliability risks
๐ More data-driven adoption decisions
๐ฐ FUNDING & ACQUISITIONS
๐ฅ Callidus Raises $10M with Law Firm Backing
Callidus raised $10M with Foley & Lardner participating. Law firms are becoming investors, not just customers.
Legal IT Insider | July 15, 2025
๐ค Clio Acquires vLex for $1bn
Clio acquired vLex for $1bn. The shift toward all-in-one platforms continues.
Legaltech Week | July 10, 2025
๐ค AI INNOVATION
๐ LegalOn Expands Beyond Contracts
LegalOn expanded from contract review to full matter management.
Bob Ambrogi, LawSites | July 15, 2025
๐ Thomson Reuters Supercharges CoCounsel
Thomson Reuters added Knowledge Search to CoCounsel. The research tool arms race heats up.
Legal IT Insider | July 8, 2025
โ๏ธ EvenUp Enhances PI Features
EvenUp rolled out enhanced PI features. Vertical-specific AI solutions are winning.
LawSites | July 7, 2025
โ๏ธ COURTS & REGULATION
๐ก๏ธ State Courts Remain Cautious
State courts remain cautious about AI despite staffing crises. Accuracy concerns outweigh efficiency promises.
Bob Ambrogi, LawSites | July 11, 2025
๐ฎ BOTTOM LINE
Weโre moving from โAI adoptionโ to โAI integration.โ
This requires better risk management and business continuity planning.
๐ก WEEKLY PRO TIP
Document your AI dependencies and create backup plans now.
๐ฌ QUICK POLL
Your biggest AI concern?
- Finding the right tools
- Training my team
- Managing the risks
- Keeping up with changes
Share your answer in the comments ๐
Chen Friedman, Legal Tech Systems
#legaltech #legaltechnews #aiinlaw #LegalInnovation #FutureOfLaw