Casetext Closes $12m Funding Round

In one of the legal technology industry’s largest-ever funding rounds, US crowdsourced legal research platform Casetext has closed a $12m Series B funding round in order to expand the capabilities of its AI-backed automated research assistant CARA and build up its platform and business.

A.I. Is Doing Legal Work. But It Won’t Replace Lawyers, Yet.

Impressive advances in artificial intelligence technology tailored for legal work have led some lawyers to worry that their profession may be Silicon Valley’s next victim. But recent research and even the people working on the software meant to automate legal work say the adoption of A.I. in law firms will be a slow, task-by-task process.

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