Legal IT Insider
The improvement of legal operational processes adds intrinsic value to the business. Implementing AI-based technology solutions such as end-to-end legal automation systems, GCs and legal teams can more easily handle any legal document, process, or scenario – from contract to claims and IP portfolio management. They can then better stay on top of buy- and […]
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 […]
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 […]
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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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 […]
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 […]
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. […]
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 […]
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. […]
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 […]
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 […]
By Bill Bice, CEO of nQ Zebraworks The pandemic put legal IT in the spotlight. Suddenly, every firm had to switch to remote work, all at once, overnight. I was impressed by the speed and efficiency with which legal IT professionals at so many firms were able to pull this off. And it wasn’t just […]
Never mind all this working from home malarkey, Document Direct has teamed up with The Cashroom, Lockton, Matrix247, LegalRSS, and LawShare to develop a fun Euro 2020 charity challenge for us all. It’s FREE to enter and as well as the prospect of football glory, there’s an opportunity to help the charities of your choice. […]
Thanks to a last minute technical hitch with our third party supplier (leading to much tearing of hair out) we made the reluctant decision to postpone our webinar with ContractPodAi to 17th June. Apologies if you were scheduled to attend. We are grateful to the ContractPodAi crew for being utterly awesome about it and we […]
By Nathan Cemenska A recent analysis out of Wolters Kluwer’s LegalVIEW legal performance data indicated that Am Law 50 firms tended to gain market share from 2019 to 2020, whereas unranked firms lost it (see below chart). This shift reinforces earlier observations about a “flight to quality” in the legal profession, where clients do more and […]
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 […]
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 […]
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 […]
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 […]