Aussie legal tech startup, Nexl, has just secured $4 million for their 'no data entry' CRM software. Founded by former Head of Innovation at Gilbert & Tobin, Philipp Thurner, Nexl has undergone a complete transformation from its original concept of launching a ‘LinkedIn for lawyers’ style-platform. Launching a new CRM software in January 2021, the platform boasts a ’no data entry’ system which connects to a lawyers email account and automatically populates the CRM database with contacts and communications, enabling the user to keep track of their client relationships, simply, easily and conveniently. To learn more, head to https://www.afr.com/technology/linkedin-for-lawyers-failed-but-its-successor-is-in-the-money-20230307-p5cq6z
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Razor365 by Practice League is an award-winning, SaaS-based legaltech solutions provider with over 10,000 users and 100+ global clients across 21+ industry verticals. Their flagship product, the Razor platform, stands out for its multi-AI and blockchain-powered technology ecosystem that has been specifically designed to meet the unique requirements of corporate legal departments and law firms. It includes products like Razor365 (a contracts-driven corporate legal operations platform), RazorLex (a comprehensive law practice management solution), and RazorSign (a ready-to-use, secure and encrypted electronic signing platform). To learn more, head to https://www.razor365.com/
eBrevia is a US-founded AI-powered data extraction and contract analytics software. By drawing on a repository of thousands of legal documents, eBrevia combines natural language processing technology with machine learning to recognise language patterns and identify key concepts in documents, savings users up to 90% of their time and providing up to 60% more accurate results than a manual review. Accurate, efficient and secure, the platform also scans 50 plus documents within 60 seconds and allows non-technical users to easily train the platform to detect custom provisions and data points. Head here to learn more - https://www.dfinsolutions.com/products/ebrevia