Legal technology (LegalTech) stories - Page 2

Inefficient contract drafting is costing UK businesses an estimated GBP £12.2bn a year, dragging on productivity across key sectors.

iManage reports 28% recurring revenue growth as firms rush to govern AI with cloud-based document management and tighter data controls.

UK homebuyers fear AI-fuelled ID fraud as two-thirds worry about fake documents yet still share sensitive data via email and messaging apps.

India scraps mandatory Sanchar Saathi app on new phones, easing privacy fears over deep-access government software on Apple and Samsung devices.

Conversational AI agents are poised to become lawyers’ primary interface to knowledge, automating complex workflows while humans oversee quality.

Atturra teams with Comtrac to roll out AI-powered investigation tools for Australian law enforcement and regulators via a single service channel.

Trench Group has cut contract review times by 80%, using AI from Luminance to streamline processes and reduce reliance on its legal team.

Legal AI firm Legora opens Sydney office and hires senior leaders after $150 million funding, boosting its Australian and APAC expansion.

AI-native legal firms will reshape law by building smart platforms from scratch, moving beyond traditional firms to deliver repeatable, data-driven solutions.

Nextgen law firms will thrive by embedding AI into existing workflows, making client service a core discipline beyond just software tools.

Dell launches Pro Max 16 Plus, a mobile workstation featuring an enterprise-grade NPU for on-device AI inferencing, ensuring privacy without cloud reliance.

Icertis has acquired AI startup Dioptra to enhance its contract intelligence platform with advanced automation and risk review tools for legal teams.

NetDocuments reports 72% growth in APAC as over 20,000 legal professionals adopt its AI-powered document management system nationwide.

Eleanor Lightbody, CEO of Luminance, wins Tech Businesswoman of the Year for leading global growth and raising USD $115m in funding.

Dubai International Arbitration Centre launches DANA digital platform to streamline case management and enhance transparency in dispute resolution from January 2026.

Legora launches Portal to transform AI collaboration between law firms and clients, offering custom workflows and real-time document management for legal teams.

Law firms are transforming financial planning and analysis, using integrated data and AI to drive strategy and boost profitability beyond traditional spreadsheets.

Holding Redlich has adopted the AI-powered Lexis Create+ within Microsoft 365, boosting legal drafting speed while ensuring accuracy and compliance.

John Haddock, Harvey CBO, discusses Toronto's promising landscape for legal tech innovation and growth opportunities in the sector.

Generative AI is transforming legal roles in Asia, but the Legal Innovation Asia 2026 report stresses that strong people skills remain crucial for success in the sector.