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Yerra Solutions Acquires London-Based Lex Connect and Appoints Jerome Raguin Global Chief Operating Officer

Yerra Solutions, a global Legal and IP consultancy providing consulting, managed services and technology solutions to Global Fortune 500 clients, has announced that it has acquired Lex Connect, an online resource designed to help legal and IP departments gain knowledge about operational best practises and identify the most suitable solutions to solve their challenges. The terms of the deal are undisclosed. Lex Connect founder, Jerome Raguin, has joined Yerra Solutions as the global chief operating officer effective 25 January 2016.

27/01/2016

Comment: Alternative Fee Arrangements and the New Law Era

Billable hours have gone the way of the horse-hair wig. Corporate clients don’t understand why their counsel can’t operate with as much efficiency as any other business, and individuals prefer to buy legal services as a commodity rather than risk a bill that might snowball over months or years. The market demands change, so alternative fee arrangements are the new standard.

13/01/2016

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Mobile Helix enters formal partnership with iManage and launches two-factor authentication for LINK

Mobile Helix is to enter into a formal partnership with iManage, as the Manhattan-headquartered company also launches two-factor authentication for its mobile app, LINK, which enables lawyers to access their documents, emails, calendar and other web apps from one place.

LINK, which already partners with NetDocuments and Microsoft SharePoint and has offered WorkSite (now rebranded as iManage Work) on an ad hoc basis, is now releasing a generally available iManage Work connector.

13/01/2016

Next selects Linetime's Liberate matter management system

Next’s legal team has selected Linetime’s Liberate matter management system in order to improve the way it delivers services to the business.
Like many smaller in-house functions, Next’s seven-strong legal team previously used traditional paper files and stored emails and other electronic information on personal and shared drives.

11/01/2016

Next selects Linetime’s Liberate matter management system

Next’s legal team has selected Linetime’s Liberate matter management system in order to improve the way it delivers services to the business.

Like many smaller in-house functions, Next’s seven-strong legal team previously used traditional paper files and stored emails and other electronic information on personal and shared drives.

11/01/2016

Chief strategy officer role gains pace with appointments by Mishcon and Norton Rose Fulbright

The news that Mishcon de Reya has appointed Axiom’s respected UK managing director Nick West as its chief strategy officer (CSO) places the firm at the forefront of a trend that began in the US in around 2014 and is expected to cross the Atlantic – a development welcomed by business transformation consultants.

Part of a wider move by law firms to become more corporate in structure, West’s appointment comes just over a year after Norton Rose Fulbright appointed former Huron Consulting Group director John Cussons as director of strategic development – a notable appointment that has so far largely gone under the radar.

08/01/2016

Can Robots be Lawyers? Computers, Lawyers and the Practice of Law – UPDATED

An academic paper published on 30 December called ‘Can Robots be Lawyers? Computers, Lawyers and the Practice of Law’ argues that the impact of automation on the demand for lawyers’ time is far less significant than suggested to date.

Taking on arguments put forward sometimes hysterically in the media and in a measured way by the likes of Richard and Daniel Susskind, Professor Dana Remus from the University of North Carolina School of Law and Professor Frank Levy from Massachusetts Institute of Technology examine in detail the suggestion that technology will soon replace much of the work currently done by lawyers, particularly junior ones.

05/01/2016

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Legal IT Insider

HSBC’s head of professional services Simon Adcock talks legal IT to City A.M.

In City A.M. today HSBC’s head of professional services Simon Adcock talks about how IT can help lawyers provide a ‘gold-plated service at bronze level prices.’ Simon is speaking at Legal Leaders IT in Gleneagles about law firm investment in technology. To apply to attend Legal Leaders IT – which is open to IT Directors and CIOs at leading international law firms, independents and high profile new entrants – visit the TavistockMedia website here.

17/12/2015

The December issue of the Legal IT Insider newsletter is out now – read it here free!

The latest issue (December 2015) of the Legal IT Insider is out now. Top stories include: Hill Dickinson to conduct IT strategy review – looking at cloud, mobility and breaking away from the “capital expenditure cycle” + First interview with Dentons’ new global CIO Marcel Henri on going global and the Dacheng merger + Quote of the Month: “You only have two phones if you are a drug dealer, having an affair, or are a lawyer.”

09/12/2015

K&L Gates: How we now offer clients continuing legal education credits – from their laptops

K&L Gates has just enabled its US in-house clients and others to gain continuing legal education (CLE) credits while on the move with the launch of its On-Demand CLE Center, which will offer similar courses in Europe and Asia Pacific in the next couple of months.

Forming part of K&L Gates digital content platform HUB, the On-Demand CLE Center utilises the interactive technology of continuing education solutions provider InReach, which monitors whether counsel are paying attention to the training sessions.

HUB, which launched in February this year, was the brainchild of chief marketing officer Jeff Berardi, who here explains to Legal IT Insider how the new offering came about, how it will be delivered and how the training is sufficiently interactive that it been approved by bar associations in the US.

08/12/2015

Comment: How to Use Metrics to Drive Success in the Legal Department – a game-changer?

Every once in a while, a new way of doing business catches on and becomes a game changer in an industry. A well-executed metrics program can do just that for corporate legal departments. For example, while most corporate legal departments do a decent job managing performance, in some capacity or another, proper tracking and management of metrics can take the business to an entirely new level.

07/12/2015

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Riverview Law announces virtual legal assistants powered by ‘Kim’

Riverview Law has today announced that as of Q1 in 2016 it will be launching a series of legal virtual assistants powered by ‘Kim’ technology – short for knowledge, intelligence and meaning.

Kim is based on the platform of New Jersey-based document automation business CliXLEX, which Riverview acquired in August 2015. Kim is also based on output from Riverview’s R&D unit and builds on its partnership with the University of Liverpool, which it entered into in January of this year to leverage the University’s artificial intelligence capability within the legal sector.

07/12/2015

Risk Management, Ediscovery & Compliance: Putting chat in the spotlight – analysing Instant Messaging in the Age of Connectivity

While regulatory enquiries are never a welcome development to begin with, they are particularly troubling for organisations without adequate internal compliance programmes and tools to handle large volumes of company data for eDisclosure and internal investigations. In the face of such enquiries or lawsuits, identifying and presenting key communications is a critical issue. And as the LIBOR scandal shows, instant messaging (IM) conversations are now a substantial component of that need.

01/12/2015

Risk Management: Survey suggests compliance professionals finding compliance now major source of risk – new due diligence platform may help

Compliance is becoming so complex that today’s compliance professionals are concerned about how the function will protect businesses in future. That is according to new research from The Risk Advisory Group which surveyed more than 200 compliance professionals across a range of global businesses. Called The Compliance Horizon, the survey reveals that the majority (83%) of compliance professionals feel that compliance has become more complex in the past two years.

26/11/2015

Ten ways to transform your legal department

Mitratech’s chief executive Jason Parkman has published a comprehensive ‘10-steps guide’ for corporate legal departments that he promises will “transform your legal department from a company cost center into the best-run business unit in the organization.”

Corporate counsel are increasingly looking to embrace technology, generate revenue, and manage their risk exposure and brand, particularly in the face of the rise of internet exposure and social media.

25/11/2015

Insider website has a navigation refresh!

Today sees the introduction of some changes to the Insider website navigation to make it easier for visitors to keep track of the stories that really matter to them.

24/11/2015

Analytics, meet content: LexisNexis acquires Lex Machina

In an acquisition that brings together cutting edge analytics with a trove of content, LexisNexis has acquired litigation data mining company Lex Machina, which through its Legal Analytics platform provides insights about judges, lawyers, parties and patents from IP litigation.

The Silicon Valley company, which says it has so far been inhibited from expanding its services due to a lack of content, delivers a software-as-a-service platform that helps lawyers predict the behaviours and outcomes of different legal strategies by mining, tagging and categorising millions of Federal court dockets and documents.

24/11/2015

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\\\Collabora8.IT-Reimagining legal services post-COVID-19: Join our webinar with Mitchell Kowalski

\\\Collabor8.IT – Business continuity webinar: We talk leadership priorities with Litera’s CEO Avaneesh Marwaha

Collabor8.IT – TalkingTech

\\\Collabor8.IT – Legal IT Insider editor Caroline Hill spoke with Michele DeStefano, professor of law at the University of Miami and founder of LawWithoutWalls (LWOW) on the topic of ‘What now for innovation post COVID-19.’

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