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More contract management investment millions as Lexion raises $11m Series A

Contract management system  Lexion has raised $11 million Series A round led by Khosla Ventures, with participation from existing investors Madrona Venture Group and Am Law 100 law firm Wilson Sonsini, The latest funding round brings the total invested to $15.2m. Kanu Gulati from Khosla Ventures will join Lexion’s board. The Seattle based company says it […]

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IT heads roll eyes as Microsoft indicates Windows 10 to be retired

IT heads across the legal sector have been rolling their eyes (at the very least) after it emerged that the ‘last ever’ version of Windows looks set to be retired in 2025. The revelation first came in a new support document that shows Windows 10 Home and Pro will be supported until October 14 2025. When Windows […]

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Prosperoware to unveil first import/export solution based on iManage Universal API

Prosperoware will today (17 June) formally unveil its first import/export solution based on the iManage Universal API, which facilitates data movement and reorganization needs within and across collaboration systems. PowerDesktop, which is compatible with SaaS provisioning platform Prosperoware CAM, is available in five modules, three of which will be available between July and the Fall […]

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Contract Mill closes €1m funding round co-led by HighQ co-founder

Finnish startup Contract Mill has announced the closure of a funding round of over €1M. The round was co-led by Swiss investment company Actium AG and Veenay Shah, co-founder of HighQ, together with multiple international investors from the UK and Sweden. We’re told that the funding will be used to further expand Contract Mill’s operations in the UK and Europe. Contract […]

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VirtualSignature launches iManage integration

Cloud-based digital onboarding platform VirtualSignature has announced an integration with iManage following the development of an API integration by Tiger Eye. Designed to make online experiences frictionless, VirtualSignature enables compliance led businesses, including law firms, accountants, estate agents, training companies and recruiters to onboard new clients quickly and securely. It includes anti-spoofing, bio-metric facial recognition […]

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Shoosmiths’ collections business to deploy LexisNexis Visualfiles

Equivo, which is the newly-launched recoveries business of UK law firm Shoosmiths and national collections and enforcement business Chartsbridge, has invested in legal workflow and case management solution, Lexis® Visualfiles™. The plan is that when fully deployed, the Visualfiles platform will streamline processes end-to-end across the firm’s three service areas – debt collections, recoveries and enforcement. […]

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New report Identifies top digital transformation priorities among post COVID-19

NetMotion this week unveiled a new report identifying the top digital transformation challenges, opportunities and priorities among global law firms post COVID-19. In total, legal sector technology professionals overwhelmingly ranked improving the end user experience, accelerating cloud migration, and adopting zero trust security tools and architecture, such as software defined perimeters (SDP) and the secure access service edge […]

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Novum Learning launches career accelerator with the story of triSearch CEO Taylah Allen

Professional learning hub Novum Learning has launched a career accelerator that expands its remit from critical business skills training to broader career development. The accelerator will provide content including life success stories, kicked off by the CEO of triSearch, Taylah Allen, who was previously a chef. Novum Learning is part of recruitment business Novum Global. […]

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ILTA announces keynote speaker for ILTACON 2021

The International Legal Technology Association (ILTA) has announced that the lead ILTACON 2021 keynote speaker is Dr. Mae Jemison: the first woman of colour to go into space. Jemison served six years as a NASA astronaut and has subsequently been active in volunteerism, activism, and is an author and speaker. For more information on her leadership roles and […]

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Video: The story behind Baker McKenzie’s new 11-strong data science team

In October 2020, Baker McKenzie started a pilot with SparkBeyond’s advanced analytics technology. That pilot hit all of its KPIs and has moved into stage two, which is where Bakers’ management recently agreed to invest in building a dedicated 11-strong data science team, led by partner and global head of R&D, Ben Allgrove. Significantly, Allgrove […]

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Factor vies to take on routine portion of transactions with new law firm service

Axiom spin-off Factor today launches a Legal Transaction Optimization service for law firms, providing a tech-enabled transaction management, due diligence, and documentation support to deal teams. Factor says that the new offering is intended to help law firms respond to cost pressures and win more work, empowering them to focus on higher value aspects of […]

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Stoel Rives to extend BigHand relationship with roll out of Pricing & Profitability tool

Am Law 200 Stoel Rives is looking to expand on its engagement with BigHand with the rollout of BigHand Pricing and Profitability (previously known as Evaluate). The Oregon-headquartered firm has for the past three years used BigHand Business Intelligence (previously known as Quantum), which it says in a case study released today (8 June), stood […]

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Axiom VP Chris Iconos joins Quovant as CRO

Former Axiom vice president and legal tech veteran Chris Iconos has joined legal spend management vendor Quovant as chief revenue officer, we can reveal. Iconos, who leaves Axiom after seven and a half years, joins the Nashville-headquartered company after what we’re told was an extensive, competitive executive search. Corporate legal departments are increasingly turning to […]

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Intapp files for long-anticipated IPO

Intapp has publicly filed for its long anticipated initial public offering. The Palo Alto-headquartered company on 4 June filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to the proposed IPO of its common stock. The number of shares to be offered and the price range for […]

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Ascertus reports 10% growth driven by massive uptick in iManage Cloud work

At a time when the market is trying to gauge where their peers are really at in the cloud journey, it was interesting to see in May that Ascertus realised a 10 percent year-on-year growth in revenue in 2020-2021, fuelled by what is says was a nearly 100% increase in iManage Work document and email management deployments in the cloud.  Ascertus, which provides […]

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iManage adopts Azure as global cloud platform and attains Microsoft co-sell partner status

In a move that demonstrates that iManage is now not only a key customer but also a significant partner of Microsoft, the Chicago-headquartered company has announced the adoption of Microsoft Azure as the global platform for the iManage Cloud and attained ‘co-sell ready’ status in the Microsoft Partner Program. iManage says it will deepen and […]

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Momentum: Aderant to launch law firm benchmarking offering

Aderant’s Virtual Momentum 2021 conference concluded at the end of the last week, with key announcements including the imminent launch of a data intelligence offering that will enable law firm clients to benchmark their performance against one another. The entirely online conference is said to have set an attendance record at 1300 attendees and 60+ […]

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New whitepaper shows how to best structure MS Teams for adoption

We’ve had advance sight of a brand-new whitepaper from Prosperoware, which provides in-depth guidance on the best Microsoft Teams structures for different matter types and complexities. While the whitepaper is pitched as a starting point for channel design for legal, it gives us a glimpse into how some of the more advanced firms are using […]

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Video: Insider with Caroline Hill – Dean Sappey and Jody Cosgrove

Litera recently acquired DocsCorp, so what is the plan for integration? How will Litera manage the acquisition from a logistical point of view? How much overlap is there with products? Is the plan to maintain all products? What is the roadmap?

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Thomson Reuters Launches HighQ Contract Analysis

Thomson Reuters today (1 June) launched HighQ Contract Analysis, a contract review and analysis tool in HighQ that uses machine learning to help legal professionals to extract key data and begin to triage contracts based on their risk profile. It also pulls in data from Practical Law Company that enables lawyers to quickly work out […]