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Venture Capital and Private Equity firms may differ in many ways, but they share a similar predicament – increased pressure to cut legal costs as business revenue from M&A and fundraising declines, according to a new Apperio study entitled “Private Equity and Venture Capital:  Two Industries United by Lackluster Legal Spend Management.” 

UK office workers are being asked to again work from home if possible, meaning that law firms and organisations that have begun a slow return to the office are likely to return to lockdown conditions.

Irish-headquartered SaaS document bundling software provider Bundledocs has secured €600,000 in funding from Enterprise Ireland and private investors. Headquartered in Cork and with a newly opened office in Sydney, the company says it plans to double its team in the next three months. 

Don’t miss our chat today (Tuesday 22 September at 3.30pm BST) with Eric Laughlin, Agiloft’s new CEO, who was hired from EY in conjunction with Agiloft’s incredible $45m growth equity investment.

Aside from Elevate’s announcement last week that it is partnering with Lex Mundi, public statements have been few and far between from the legal services company despite a number of senior departures and arrivals, not least the hire of Nir Golan as director of consulting last week. Golan replaces Jack Diggle, who has joined Deloitte as part of a three-strong hire from Elevate.

Litera will be hosting its second The Changing Lawyer LIVE! conference on October 1st and has simultaneously opened nominations for The Changing Lawyer Awards 2020 (note the deadline for submissions is 25 September).

Minerva Portal is helping law firms, particularly conveyancing firms, to digitally onboard new clients, dispensing with old fashioned manual processes. It has recently signed three as yet undisclosed UK top 100 law firms. Here is what you need to know.

The Financial Reporting Council (FRC) today (17 September) handed Deloitte a record £15m fine for misconduct in the audit of software company Autonomy, which was sold to HP for £8.4bn in 2011. The two former Deloitte partners involved in the audit have been sanctioned: Richard Knights has been excluded from membership of the Institute of Chartered Accountants for five years and fined £500,000, while Nigel Mercer has been fined £250,000 and received a severe reprimand.

Egress today (16 September) released their 2020 Outbound Email Data Breach Report, in which 93% of IT leaders surveyed said that their organisation had suffered data breaches through outbound email in the last 12 months, with employees being tired or stressed cited as the most common factor in the most serious breaches.

We speak to Rob Feigenbaum, co-founder, president and CEO of Prevail Legal, which is a newly launched digital testimony management platform designed to capture accurate testimony easily in real-time.

Make sure you’re up to speed on the big wins, deals and product launches you may have missed in the past few days.

Prosperoware will today (15 September) unveil its ability to provision Teams with OneNote and Planner tabs plus external user provisioning and folders in OneDrive through Prosperoware CAM.

George Socha, co-founder of EDRM, has joined global eDiscovery vendor Reveal as senior vice president of brand awareness.

LexisNexis® Legal & Professional today (14 September) announces the official commercial launch of Lexis+, which unites advanced research, practical guidance, brief analysis and enhanced tools.

Vannin Capital bankrolls major UK lawsuit alleging YouTube has breached children’s privacy

Join us for a live and interactive webinar with John Fennelly, CEO of Lionbridge Technologies, about some of the work it does for technology giants.