<p>At the Digital Legal Exchange, we work with the legal functions of some of the world's leading corporations to help them accelerate their digital transformation. Technology is a critical part of the toolkit. Legaltech Hub provides independent guidance and information to help corporate legal teams evaluate their options and inform their purchase decisions.</p>

<p>My Reed Smith colleagues and I have used Legaltech Hub to identify current providers of technology solutions. It is really helpful to view all the tools in one place, consistently categorised by solution type and key features.</p>

<p>Our involvement with LegalTech Hub has given us many leads and created speaking opportunities. The value of LTH goes way beyond a listing and leverages Nikki’s and Jeroen’s vast network.</p>

<p>A decade ago, it was reasonably easy to keep on top of what legaltech products were out there. No longer! Nikki, Jeroen, and team have built a comprehensive resource that legaltech buyers can use to find tech meeting their needs, and where vendors can get information in front of prospects at the relevant moment. Worthwhile offering from a respected (and excellent) group of people!</p>

<p>The legal tech industry is moving at such a fast pace and a big part of my job is to stay on top of it all. Legaltech Hub is my go-to resource for any research I need to do on new companies and products.</p>

<p>We want Casetext to be judged on its merits. Legaltech Hub levels the playing field, allowing attorneys and executives to objectively evaluate what we do.</p>

<p>Fireman &amp; Company's clients expect us to be current on the latest innovative technology solutions. It used to be difficult to navigate the legaltech market and explore new tools and platforms. Legaltech Hub changed that - I now have one place to go where I can easily find all the information I need.</p>

<p>Consultancy solution pvt ltd virender</p>

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<p>JK Alternative Legal Services Providers (ALSP's), often also referred to as law companies, provide a number of services that traditionally were performed by law firms or in-house counsel. In most cases this involves services that don't constitute legal advice and due to their nature cannot carry typical law firm rates. Early on most of the work that was performed by ALSP's was discovery work. As ALSP's matured, some started to take on certain work law firms wouldn't be involved in such as negotiating NDA's. ALSP's can do work at lower costs because of use of technology, better process and project management and labor arbitrage. Many delivery centers are based in low cost locations. Some law firms operate their own ALSP's as captives to the law firm. Companies in the space include Factor, Unitedlex, Cognia, Epiq, Axiom, Elevate. In January 2022, the Arizona Supreme Court granted Elevate an Alternative Business Structure (ABS) License, making it the first ALSP in the U.S. allowed to provide legal services.&nbsp;</p>

<p><span data-sheets-root="1">Environmnet dev<br>User is logged in as a Basic/Premium Vendor<br></span></p>

<p>https://develop.legaltechnologyhub.com/create-new-solution/</p>

<ol>
<li>Deployment of third party sandboxes to leverage foundational models through API to enable experimentation &ndash;&nbsp;<em>licensing model</em></li>
<li>Deployment of internally developed sandboxes to leverage foundational models through APIs to enable experimentation &ndash;&nbsp;<em>requires software developer skills to build the sandbox</em></li>
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<p>The phrase &ldquo;award winning&rdquo; will always attract attention. I like to check on law departments who have received innovation awards. The winning projects are impressive and point the direction to new approaches that might be accepted elsewhere.</p>

<p>Here we highlight some of the most promising new start-ups to watch in the GenAI space &ndash; these are not your standard foundational LLMs!</p>

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<p>Chris Ford is the Head of Marketing and Consulting and an original co-founder of Legaltech Hub. Having spent over two decades in marketing and business development leadership, he has found a home in the legal industry in the last several years. With experience building and leading marketing functions at LexisNexis, Axiom, ZERO and Baretz+Brunelle, he leads marketing efforts at Legaltech Hub as well as advising external clients.&nbsp;</p>
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<p>Impressico has established itself as a trusted digital transformation consulting company, catering to global clients for more than two decades.</p>

<p>Bankruptcy lawyers generally specialize in either consumer bankruptcy or commercial bankruptcy. In consumer bankruptcy, lawyers represent individuals or creditors; in commercial, they represent corporate creditors and debtors. However, the scope of work for bankruptcy lawyers in either specialization is the same, as both navigate solutions for financial restructurings, plan confirmations, and valuation disputes. Clerking or interning at a firm that has a bankruptcy practice is one way to figure out whether a future position in this field suits you.</p>

Luminance Completes Funding Round at $100 Million Valuation

Herbert Smith Freehills Rolls Out Solomonic

EY Law Enters Into a Global Framework Agreement with Luminance

Luminance Rolls Out Generative AI-Powered Chatbot 'Ask Lumi' for Corporate Customers

Luminance expands AI offering with in-house-focused contracting platform

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<p>Luminance Corporate provides negotiation support and redlining during contract drafting.</p>
<p>Ask Lumi can answer questions that range from the basic, such as the definition of certain legal terminology or who the contracting parties are, to the more intricate, such as the jurisdiction of a contract or whether an agreement is unilateral or mutual, among others.</p>

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<p>Luminance Corporate is Luminance's solution for corporate legal. It uses next-generation AI to enhance and expedite the entire contract lifecycle process and automate legal processes. With Luminance, organizations can see all of their contracts in one platform, showing both the status and workflow of contracts currently under negotiation as well as an AI-powered index of executed contracts.</p>
<p>In May 2023, Luminance launched Ask Lumi, a chatbot powered by generative AI. Ask Lumi is made available to all Luminance Corporate customers at no additional cost. It is designed to be a question-and-answer application which can be switched on and off when a user opens a contract. It is currently only available on Microsoft Word, and only within a Luminance Corporate subscription.</p>
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Luminance Corporate

by Luminance