Alright, folks, buckle up your legal tech seatbelts, because something interesting just landed on the tarmac. You know how we geeks over here at 3 Geeks and the Geek in Review love to dissect the latest moves in the legal innovation world? Well, Cleary Gottlieb, yes that Cleary Gottlieb, just went out and acquired
In this episode of The Geek in Review podcast, hosts Marlene Gebauer and Greg Lambert sit down with Joe Breda, President of Bloomberg Law, and Mathew Rotenberg, CEO and co-founder of Dashboard Legal, to discuss Bloomberg’s recent acquisition of Dashboard Legal. The acquisition aims to expand Bloomberg’s reach within the legal workflow market and enhance its suite of tools for the legal industry.
Dashboard Legal, born from Rotenberg’s experience as a practicing attorney, focuses on streamlining project management and collaboration processes for lawyers. By integrating Dashboard Legal’s features with Bloomberg Law’s existing tools, such as AI-powered contract solutions, the combined platform seeks to provide a comprehensive legal workstation that addresses the pain points of managing the increasing complexity and volume of information in legal work.
The acquisition also presents an opportunity to leverage generative AI in a hyper-context-sensitive manner, allowing lawyers to access relevant information and perform tasks like document comparison and compliance checks within a secure, controlled environment. This approach aims to address law firms’ concerns about data privacy and control while still harnessing the power of AI.
Breda and Rotenberg emphasize the potential for the combined platform to serve not only large law firms but also small to mid-sized firms and in-house legal departments. The user-friendly interface and accessibility of Dashboard Legal, coupled with Bloomberg’s resources and credibility, make it an attractive solution for legal professionals across the board.
As the integration process begins, Rotenberg will join Bloomberg Law’s senior leadership team, working closely with Breda to expand the platform’s capabilities and deliver on the promise of an AI-enabled, content-rich legal workflow solution. The acquisition marks an exciting development in the legal technology landscape, with the potential to significantly improve the way lawyers work and collaborate.
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Twitter: @gebauerm, or @glambert
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Music: Jerry David DeCicca and Eve Searls
Transcript:
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| Image [cc] Scazon |
The year started out with a trio of mergers in the legal information field when Thomson Reuters announced it was acquiring PLC, and Learnlive, and LexisNexis announced it was acquiring Knowledge Mosaic. The activity tappered off a bit after that initial first week flurry, but there have been a number of mergers,