And in further Big Four news Deloitte has expanded its strategic alliance with Relativity to offer Relativity Trace, a compliance monitoring application. Trace will help clients more proactively detect and mitigate violations of industry regulations and organizational e-communication policies.
In what may well be a taste of further things to come, EY and Thomson Reuters have expanded on the relationship that recently saw EY acquire Pangea3 and today (21 May) announced a strategic alliance in the tax space as clients demand “integrated and agile technology.”
Clients are increasingly demanding that law firms have fully implemented email authentication protocol DMARC before they send them instructions. But outside the top ten, few law firms have fully implemented the email accreditation.
And there’s more legaltech news from Australia today (20 May) as four legal technology vendors join the brand new lawtech hub launched by Lander & Roger and YBF Ventures in Melbourne, which is intended to provide growth opportunities for startups and scaleup companies.
The deadline for you to get all wins, deals, and people moves to us for the next (May) issue of the Legal IT Insider newsletter is lunchtime THIS Friday – 24 May. Please flag all exclusives so we can give them profile elsewhere in the newsletter.
Well it’s been another one of those weeks when we can’t move for legal tech announcements and here are a handful of the good ones in brief, including the strategic alliance between Norton Rose Fulbright and Syke; CM Group’s acquisition of Vuture; and Motta Fernandes Advogados selection of NetDocuments; while in eDiscovery land JND eDiscovery has attained RelativityOne Silver partner status and Hanzo is launching Hanzo Hold for Slack data management.
Gowling WLG has launched a 50:50 joint venture with existing tech partner Purple Frog Text to create real-estate AI start-up Avail in order to make a leap ‘from clever to user friendly IT’. This is the first time the firm has made an investment of this nature, according to real estate partner Mike Twining. We speak to Twining about the JV.
Legaltech startup Orbital Witness has secured funding of £1.2 million following a period of significant client wins that include Clifford Chance, Mishcon de Reya, Reed Smith and Macfarlanes. We spoke to CEO and co-founder Ed Boulle.
Leading UK private client firm and technology, media and entertainment firm Harbottle & Lewis has chosen Aderant Expert as their new law practice management system, swapping out end of life PMS Lexis Axxia.
In its first win in Southeast Asia, ContractPodAi has entered into a commercial relationship with Rajah & Tann, which is one of the largest firms in Singapore with a legal network spread out over 10 countries across Southeast Asia and China, we can reveal.
Clyde & Co has today (15 May) launched a self executing solar energy parametric contract, which by its nature is automatically payable on the occurrence of a triggering event.
Yes, we have yet more legal tech private equity news, as Boston headquartered fund Cove Hill buys a minority stake in NetDocuments from Clearlake Capital Group, which acquired NetDocuments in 2017. We speak to CEO Josh Baxter and ask why Clearlake is selling a minority share, and why now.
Baker McKenzie has selected iManage Cloud to replace its on-premises OpenText document management system, in a major win for the Chicago-headquartered vendor.
Diligen, a leading provider of machine learning software for contract review, is now available within the Box enterprise content management platform. This is what you should know.
US employment law specialist Littler Mendelson has launched a new platform to streamline counsel and provide clients with data-driven insights.
In CRM of the Crop, our client relationship management report for 2019, we take a look at the latest trends in the legal CRM space including the new entrants, the new relationships and the new versions, as well as looking at the converse – the lack of innovation and what that means to CRM users.
Private equity driven deals continue to dominate the legal sector news as, following a $200m strategic investment by K1 Investment Management in January, Onit yesterday (13 May) announced that it has acquired SimpleLegal, a 2013-founded SaaS provider of legal spend, matter and vendor management tools, to bolster its end-to-end business process automation platform.
South Africa is implementing paperless digital courtrooms across the country after selecting London-headquartered digital evidence management provider CaseLines, in a move that is hoped will considerably improve access to justice including reducing ‘mislaid’ evidence.
So last week was another busy week in the world of legal IT (when is it not) but we’re here with a recap of everything you need to know for the board room/water cooler/out for drinks, come on, it’s nearly summer.
In a great example of vendor collaboration, Neota Logic and LawGeex have paired up to offer clients an automated third party NDA approval process in a move that is expected to be widened to cover a number of different contractual scenarios.
Litera Microsystems has been chosen as one of Singapore’s Tech-celerate for Law pre-approved vendors, with others including Contract Express and NetDocuments.