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Allen & Overy suffers cyber attack impacting “small number of storage servers”

Allen & Overy suffers cyber attack impacting “small number of storage servers”

Allen & Overy has suffered a cyber attack in what is being reported on social media to be by ‘ransomware as a service’ (RaaS) group Lockbit. According to posts on
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Traact launches multi-operations SaaS platform for corporate legal teams and law firms 

Traact launches multi-operations SaaS platform for corporate legal teams and law firms 

Palo Alto-founded startup Traact today (8 November) officially launches a digitally native cloud platform that is billed as a modular, non-siloed solution for a vast range of operations including entity
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Wolters Kluwer’s Future Ready Lawyer Survey 2023: Industry keen to embrace gen AI, but not prepared for ESG

Wolters Kluwer’s Future Ready Lawyer Survey 2023: Industry keen to embrace gen AI, but not prepared for ESG

Wolters Kluwer has released the results of its 2023 annual global Future Ready Lawyer Survey. The survey includes insights from 700 lawyers in law firms, corporate legal departments and business services
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Kroll joins Agiloft’s global service partner network

Kroll joins Agiloft’s global service partner network

Contract lifecycle management vendor Agiloft announced today (7 November) that Kroll has joined its global network of service partners. Kroll’s corporate legal solutions team has experience in legal operations, data
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Pinsent Masons deploys Peppermint Case Management for big ticket and mass litigation, with further adoption planned

Pinsent Masons deploys Peppermint Case Management for big ticket and mass litigation, with further adoption planned

Multinational law firm Pinsent Masons has rolled out Peppermint’s Case Management solution within its big ticket and mass litigation team, with the UK-headquartered firm actively looking at further use cases,
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WEBINAR: Where does BI reap the biggest rewards?

WEBINAR: Where does BI reap the biggest rewards?

Business intelligence (BI) in the legal field was long thought of as a ‘nice to have’, rather than a necessary component to a law firm’s success. However, as more firms
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Product insights: Legl’s CDD Assist leverages gen AI to save 10-15% of time on client due diligence

Product insights: Legl’s CDD Assist leverages gen AI to save 10-15% of time on client due diligence

UK-headquartered client payments and compliance software provider Legl is saving clients around 10-15% of time in their client due diligence checks by using a generative AI ‘smart layer’ to surface
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ICYMI: Proofpoint to acquire email security rival Tessian

ICYMI: Proofpoint to acquire email security rival Tessian

US cybersecurity and compliance company Proofpoint Inc announced this week that it has entered into a definitive agreement to acquire email security rival Tessian, which applies AI to automatically detect
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Max Paterson from Neota joins Bryter as US managing director 

Max Paterson from Neota joins Bryter as US managing director 

Max Paterson has joined Bryter as its new US managing director, responsible for growing its relationships within the private practice sector across North America.  Based in New York City, Paterson joins
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Female-founded startups secure just 3.5% of funding in H1 2023

Female-founded startups secure just 3.5% of funding in H1 2023

Female-founded startups secured just 3.5% of funding in the first half of 2023, compared with 85.1% of male-led startups, according to a report out today (2 November) from UK think
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BCLP to test, develop and deploy Orbital Copilot across its UK and US real estate practices

BCLP to test, develop and deploy Orbital Copilot across its UK and US real estate practices

Bryan Cave Leighton Paisner (BCLP) has partnered with proptech and legaltech startup Orbital Witness to test, develop and deploy its generative AI solution Orbital Copilot across BCLP’s U.K. and U.S.
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Morae acquires UK tech and MLS provider Exigent, doubling in size 

Morae acquires UK tech and MLS provider Exigent, doubling in size 

Morae Global Corporation will announce today (1 November) that it has acquired UK-based technology and managed legal services provider Exigent Group, doubling its headcount and bringing its client-base to over
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Guest post: Large language models can make legal judgments fairer – if we use them properly

Guest post: Large language models can make legal judgments fairer – if we use them properly

By Dawid Kotur, CEO and founder, and Nick Long, CTO, at Curvestone Whether it’s seen as a positive development or not, generative AI, especially large language models (LLMs) like ChatGPT,
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The Orange Rag Newsletter is Here!

The Orange Rag Newsletter is Here!

Welcome to the October Orange Rag, where we kick off with an exclusive news story that Fletchers Group has entered a second AI research and development partnership with the University
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Client Sense hires Allison Nussbaum as VP of client solutions

Client Sense hires Allison Nussbaum as VP of client solutions

Australian-founded client relationship management vendor Client Sense has hired Allison Nussbaum, formerly the VP of client value at Pitchly, as its VP of client solutions, we can reveal. Nussbaum, who
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LexSoft Systems announces launch of SaaS KM solution and integration with iManage Insight+

LexSoft Systems announces launch of SaaS KM solution and integration with iManage Insight+

Lexsoft Systems today (30 October)  announced the launch of a fully cloud-enabled version of its knowledge management (KM) solution, Lexsoft T3, eliminating the need for upfront IT costs and complex technical
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Allen & Overy divests majority stake in aosphere to two PE fund partners

Allen & Overy divests majority stake in aosphere to two PE fund partners

Allen & Overy (A&O) has sold a majority stake in its legal and compliance subscription business asophere, bringing in private equity funds Inflexion and Endicott Capital. As part of the
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