Fastcase Merger Announcement
Fastcase has announced they have merged with vLex, a major global legal research provider, creating the world’s largest global law library. As reported in Bob Ambrogi’s LawSites blog, this merger “will reshape the legal research and legal technology landscape on a global basis and threaten the longstanding “Wexis” legal research duopoly.” In addition, Fastcase is now backed by Oakley Capital and Bain Capital, so that they have the resources to bring you more data, more tools, more analytics, and more intelligence faster than ever before.
The combined company now has over one billion legal documents from over 100 countries. In addition, Fastcase will be able to leverage the combined power of Vincent, vLex’s AI-powered legal research assistant, and their Judicata legal tagging technology. With such a massive legal database and some of the best AI and tagging technology in the legal market, Fastcase is now uniquely positioned to take advantage of the revolution being driven by large language models and GPT.
In conclusion, the Fastcase merger with vLex will have no impact on any of their product subscription models and they will continue to provide the best bar association member benefit in the industry.