Autto Bags $655K

From Artificial Lawyer

We have found a real meeting of minds with Tangible in our desire to deliver rapid, practical automation that suits the legal industry.

Autto, the legal workflow automation platform, has taken a $650,000 investment from Angel investors and US-based ALSP, Tangible, previously known as the Ashe Legal Group, which offers a combination of tech and legal support. The two companies will also now work very closely together, with the American business helping to develop Autto-based products for the market.

The move follows a period of investment seeking that Autto commenced some months ago. Rather than coming back to London with a VC fund as a new investor, they have returned with a legal and tech business as a partner.

As readers know, Autto provides an easy to use, drag and drop-style digital system that helps firms and inhouse lawyers design workflows that can help steer staff through the production of certain types of document, or for example, guide them through a series of steps in a legal matter, or become part of a bespoke practice management structure for a team of lawyers working on a specific stream of work.

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Simple automations & the AI bubble

From Legal Tech Weekly

Simple automations can be even more beneficial than advanced artificial intelligence, especially in small- and midsize law firms.

Here is today’s good news: the next financial crisis seems just around the corner. Nouriel Roubini, who earned the nickname Mr Doom when he foresaw the last one, predicts it to come in 2020 and the latest update from Intensity estimates that there is 99.9% probability that a recession will happen within the next two years. With an ongoing US-China trade war and a British exit from the European Union in the pipeline, it is hard to Legal Tech Weekly to do anything about that. However, a global recession is not the only thing to fear. 

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