Welcome to the May Orange Rag, where the month has been dominated by a raft of announcements of funding or acquisitions in the contract lifecycle management space, most of which were deliberately timed to coincide with the Corporate Legal Operations Consortium conference. See our top stories for details of the four major CLM deals announced in May, plus we have some exclusive data to share with you on the total sums raised this year compared with last.
In other exciting news closer to home, Legal IT Insider’s brand-new events page is now up and running on www.legaltechnology.com. This has been on my wish list for about two years so it’s great to finally see it up and available to all. You can load your own events and use the diary to plan your dates ahead. It will rely to a large extent on you populating it, so please make the time to do that – it’s free publicity for your event if nothing else. The events page is clearly visible on the home page and ‘add your upcoming event’ is available as a drop-down option.
We are also just about to launch a global customer relationship management report, researched and written by lead analyst Neil Cameron. It will be a deep dive into the CRM systems on the market and their functionality, and is part of a series of scheduled reports that will be hugely valuable to the market in terms of assessing what’s out there for you. To find out how to get involved, contact our head of digital, emma@legaltechnology.com
Our vendor of the month is cloud-based litigation management provider Opus 2, which has just gone live at Linklaters for global investigations, as well as entered a technology partnership with the Scottish Arbitration Centre to boost international arbitration in Scotland. In May, Opus 2 launched two new subscription services for law firms and chambers.
Our law firm of the month is Mayer Brown, which in May launched a flat fee tech + services offering in partnership with Factor and Acadia. See our North America wins and deals section for more on that.