Articles from LegalOn Technologies

LegalOn Technologies today announced it has surpassed ¥10 billion in annual recurring revenue (ARR), approximately $67M, becoming the fastest AI company founded in Japan to reach this milestone. The achievement comes just months after LegalOn’s $50 million Series E raise, bringing its total funding to $200 million.

LegalOn Technologies, a global leader in legal AI for contracting, today announced the appointment of Vanessa Butnick Davis as Chief Product Officer. In this role, Davis will lead all aspects of the company’s global product vision, strategy and roadmap, including development of agentic legal AI that meets the evolving needs of global legal teams.

LegalOn Technologies, a global leader in legal AI for contracting, today announced a $50 million Series E, bringing its total funding to $200 million. The round was led by Growth Equity at Goldman Sachs Alternatives (Goldman Sachs), with continued support from existing investor World Innovation Lab (WiL), and new participation from Mori Hamada, Mizuho Bank and Shoko Chukin. This latest investment underscores strong conviction in LegalOn’s category leadership in legal AI for contracting and growing international momentum.

LegalOn Technologies, a global leader in legal AI for contracting, today announced a major upgrade to its tools and expansion into matter management, bringing together AI, trusted legal content and an organization’s own knowledge to deliver faster, more reliable contracting from intake to completion.

LegalOn Technologies, a global leader in legal AI for contract review, today announces the launch of its solution tailored specifically for UK contracts. With LegalOn, legal departments and law firms can review and redline agreements up to 85% faster, utilizing AI and legal content based on the laws of England and Wales.

In a groundbreaking development, researchers at LegalOn Technologies have demonstrated that both OpenAI’s GPT-4 and Anthropic’s Claude 2 can pass the legal ethics exam, a test nearly all US lawyers are required to pass, alongside the bar exam. This milestone underscores the potential for AI to assist lawyers in legal work and demonstrates the increasingly advanced capabilities of large language models applied to law.

LegalOn Technologies, a global leader in contract review software, announced the appointment of Gabor Melli, Ph.D., as the company’s first-ever Vice President of Artificial Intelligence. Melli is a technology veteran and research scientist with deep expertise in using AI, data science, and machine learning to build world-class products across consumer and enterprise companies.

LegalOn Technologies, the global leader in AI contract review, unveiled the first AI contract editing tool enhanced by expert legal knowledge: “AI Revise.” AI Revise combines detailed legal practical guidance with the latest GPT technology from OpenAI. Lawyers can direct AI Revise to make sophisticated contract revisions in seconds.

LegalOn Technologies (“LegalOn”), a leader in AI contract review software, today announced the hiring of Paul Drobot as Chief Sales Officer (CSO) for the United States. Paul will lead LegalOn’s US sales organization, drive growth, and build a world-class sales and customer success team.

LegalOn Technologies (“LegalOn”), the leading legal technology company from Japan, announced its expansion into the United States, the largest legal market in the world, and the appointment of Daniel Lewis as US CEO.