CFOtech Australia - Technology news for CFOs & financial decision-makers

Legal technology (LegalTech) stories

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StructureFlow update turns legal data into editable AI

2 days ago
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data analytics
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digital transformation
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fintech
StructureFlow expands its AI platform to turn PDFs, diagrams and spreadsheets into editable legal and financial models for deal teams.
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Elite adds AI to flag dubious legal billing entries

2 days ago
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rpa
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risk & compliance
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erp
Elite rolls out AI-powered Validate checks to catch questionable legal billing before invoices go out, aiming to cut write-offs and speed payment.
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US AI megadeals drive global VC to USD $331 billion

3 days ago
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US AI megadeals push global venture capital to a record USD $330.9 billion as OpenAI, Anthropic and xAI dominate first-quarter funding.
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Tax Systems launches AI Assistant for cross-border tax

3 days ago
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document management
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digital transformation
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ecm
Tax Systems rolls out AI assistant blending company data and IBFD research to speed cross-border tax analysis for multinational in-house teams.
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Actionstep adds iManage integration for midsize law firms

4 days ago
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document management
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digital transformation
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ecm
Actionstep and iManage team up to give midsize law firms a single workflow for matters, documents, governance and security.
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Anthropic launches Claude for Word with tracked edits

4 days ago
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rpa
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Anthropic brings Claude into Microsoft Word as a beta add-in, letting users edit tracked changes, check documents and draft in templates.
Jamie

Why Legal Services demand is about to grow, not shrink

5 days ago
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digital transformation
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partner programmes
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risk & compliance
AI in legal services is unlikely to shrink demand, with clients seeking more senior expertise and using efficiency gains to unlock latent work.
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K&L Gates rolls out Legora across Australian offices

Last week
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digital transformation
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rpa
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risk & compliance
K&L Gates expands AI platform Legora across Australian offices with hands-on lawyer training and ISO-backed governance.
Holding redlich

Holding Redlich adopts Westlaw Advantage to boost research

Last week
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digital transformation
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risk & compliance
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genai
Holding Redlich turns to Westlaw Advantage as it embeds AI in legal research, aiming to cut risk, speed up searches and lift source quality.
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Legora hits USD $100 million ARR as legal AI demand grows

Last week
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Legora tops USD $100 million ARR in 18 months as legal AI adoption accelerates across firms and corporate teams.
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Agentic AI raises new cybersecurity and privacy risks

This month
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data protection
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digital transformation
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martech
Norton Rose Fulbright warns that AI agents could intensify privacy and security challenges for Asian companies as data moves across systems and borders.
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Pexa Clear opens for property AML compliance ahead

This month
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PEXA launches pay-per-use compliance tool for property firms as Australia's AML and counter-terrorism rules approach in 2026.
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David Hyman launches monō ai to scale enterprise AI

This month
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digital transformation
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fintech
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martech
David Hyman's monō ai opens for enterprise clients as it targets the gap between AI pilots and full-scale deployment across established businesses.
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AI & automation could lift law firm profits, study finds

Last month
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digital transformation
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partner programmes
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rpa
Law firms in US and Canada face rising admin drag as LEAP research finds AI and automation could unlock profitability through fewer manual tasks.
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Harvey raises USD $200 million in AI legal funding

Last month
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digital transformation
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rpa
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risk & compliance
Harvey wins USD $200 million as investors back its plan to turn legal AI from chat tools into workflow-running agents.
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Thomson Reuters report spotlights gap in legal teams' value

Last month
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digital transformation
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rpa
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risk & compliance
In-house legal teams see themselves driving strategy, but a new report shows most C-suite leaders barely recognise their contribution.
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UK law firms lead AI use for time savings & profit

Last month
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digital transformation
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rpa
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genai
UK legal professionals emerge as global AI leaders, with 62% regular users and strong training seen as key to boosting profitability.
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Australian law firms lag peers on legal AI adoption

Last month
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digital transformation
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Australian law firms trail global peers on legal AI use, risking missed productivity gains despite mounting pressure on profitability.
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Smarsh unveils AI agents to speed probes & cut costs

Last month
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Smarsh launches AI agents to slash legal discovery and compliance surveillance time and costs for regulated firms handling vast data.
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Arcadian's AI success: Start small, solve real problems

Last month
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digital transformation
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Arcadian Digital backs small, tightly scoped AI projects solving real business problems over hype-fuelled, grandiose rollouts.