- Thomson Reuters has updated its Gen AI strategy and expanded Lex Machina.
- Agiloft has partnered with Kroll for contract lifecycle management, enhancing its global services network.
- The legal tech world is constantly evolving, with new hirings, product releases, integrations, and mergers and acquisitions.
Thomson Reuters has announced an update to its Gen AI strategy, focusing on enhancing its artificial intelligence capabilities to better serve its customers. The update will see the integration of new AI technologies and tools to help deliver more accurate and efficient solutions across various industries.
In addition, Lex Machina, a leading provider of legal analytics, has expanded its offerings to include new data points and machine learning algorithms. This expansion aims to provide legal professionals with deeper insights and more comprehensive analysis options, ultimately improving their decision-making processes.
Agiloft, a contract and commerce lifecycle management software provider, has added Kroll, a global leader in risk management solutions, to its service partners. This partnership will enable Agiloft to offer enhanced risk management and compliance solutions to its customers, further strengthening its position in the market.
Overall, these updates demonstrate the continued evolution and growth of AI and data analytics in the legal and business sectors, as well as the growing importance of strategic partnerships in delivering comprehensive and effective solutions to customers.