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Latest News Law Firms Startup Corner Vendors

XRef play David to Lexis and Microsystems' Goliath in the legal document proofreading market

UK legal tech startup XRef Software Solutions is looking increasingly like the biblical David scoring victories in the emerging market for legal proofreading systems against the Goliaths of Lexis Draft and Microsystems Eagle Eye/Contract Companion. The Insider has learned that recent wins include Simmons & Simmons, who began rolling out XRef office-wide at the end of April. The firm rejected the rival Lexis Draft (which includes Microsystems products) prior to the trial stage. Baker McKenzie trialled with a small number of users in December and in March confirmed they were purchasing licences for 1000 lawyers. Another recent win is Davis Polk, and XRef also won a head-to- head evaluation at Cadwalader.

Categories
Latest News Law Firms Startup Corner Vendors

XRef play David to Lexis and Microsystems’ Goliath in the legal document proofreading market

UK legal tech startup XRef Software Solutions is looking increasingly like the biblical David scoring victories in the emerging market for legal proofreading systems against the Goliaths of Lexis Draft and Microsystems Eagle Eye/Contract Companion. The Insider has learned that recent wins include Simmons & Simmons, who began rolling out XRef office-wide at the end of April. The firm rejected the rival Lexis Draft (which includes Microsystems products) prior to the trial stage. Baker McKenzie trialled with a small number of users in December and in March confirmed they were purchasing licences for 1000 lawyers. Another recent win is Davis Polk, and XRef also won a head-to- head evaluation at Cadwalader.

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Latest News Startup Corner

BakerHostetler signs up with ROSS Intelligence as Dentons launches free global referral network

AmLaw 100 national law firm BakerHostetler has become one of the first to enter into a commercial partnership with IBM Watson-backed digital legal research company ROSS Intelligence.

ROSS was the first company invested in by NextLaw Labs; the innovation arm of international law firm Dentons, which has this week used the same brand to launch free online referral platform Nextlaw Global Referral Network.

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Inhouse Law Firms Startup Corner Vendors

One to watch: Morae Legal hires duo including former Huron Consulting MD Robert Haskin

It’s been a year of significant growth for Houston-headquartered legal consulting and solutions startup Morae Legal, which has now hired former Huron Consulting Group (HCG) managing director Robert Haskin as its MD and Mori Kabiri from Kiersted Systems as senior director.

Haskin has spent the last 14 years helping corporate legal and IT departments improve their discovery management functions by designing and implementing innovative solutions, including advanced data analytics. In May 2002 he joined HCG, working within Huron Legal, which was acquired by Consilio in January this year.

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Latest News Law Firms Startup Corner Vendors

Startup Law Firm Hall Brown goes with Converge TS

UK law firm startup Hall Brown was recently launched by former JMW Solicitors partners Sam Hall and James Brown to provide best-in-class advice on a full range of family law services. The new practice is already boasting high-profile clients including former Liverpool FC manager Brendan Rodgers, Premier League footballers, entrepreneurs and celebrities.

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Inhouse Latest News Law Firms Startup Corner Vendors

UK background check startup Onfido raises £25m

Background check technology is big news at the moment and UK startup Onfido – which uses a machine learning platform to verify new hires are who they say they are – has just raised £25m in funding. Find out more here.

UK’s Onfido raises $25M as it brings its background checking platform to the US

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Inhouse Latest News Law Firms Startup Corner Vendors

Spot the difference? Legal IT Insider now has a dedicated Startups section and free Legal IT Newswire

To be honest, I’ve been a bit slow to flag up and brag about a number of changes to Legal IT Insider’s website but you may notice two brand new features that we are particularly excited about.

In recognition of the huge interest and energy within the legal IT startup market we now have a dedicated ‘Startups’ section on the Legal IT Insider website and will shortly be bringing you news of events planned around this rapidly evolving sector.

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Latest News Law Firms Startup Corner Vendors

Taylor Vinters partners with contract intelligence startup ThoughtRiver

Just four months after it invested in legal technology startup Pekama, Taylor Vinters has announced a strategic partnership with contract intelligence startup ThoughtRiver and will this week begin beta testing its platform across the law firm’s international client base.

ThoughtRiver’s contract intelligence software applies a contract risk evaluation tool that scans and interprets information from written contracts used in commercial risk assessments and produces visualisations of the potential risks and other issues.

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Inhouse Latest News Law Firms Startup Corner Vendors

Taylor Wessing and Neota Logic collaborate on new client app

In what could be the first of many ventures, Taylor Wessing has collaborated with Neota Logic to produce a new app to guide clients through the People with Significant Control Rules (PSC) scheduled to come into force on 6 April.

The venture, led by Saleh Abukmeil, product manager for Taylor Wessing, sees Taylor Wessing’s clients offered an app, accessible from any device, to help decide if they are affected by the new rules and need advice. The PSC requires UK companies and LLPs to keep a statutory register showing who the ultimate beneficial owners and controllers are and the details of their holdings.

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Inhouse Latest News Law Firms Startup Corner Vendors

Legal IT: Wins, deals, launches and industry updates

It’s been a busy couple of weeks for hires, new deals and product launches, particularly given the disruption of Easter, which saw an ‘exit stage left’ stampede well before Good Friday.

We bring news of some classy hires from Wilson Legal Solutions and legal outsourcing provider QuisLex, together with product launches and upgrades from LexisNexis, DocsCorp; DocAuto; Morae Legal; BigHand and Evolve Law. Plus wins and deals from Eclipse Legal Systems; Frankfurt-headquartered startup BusyLamp; and Essex solicitors Fisher Jones Greenwood, as well as other industry news.

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Inhouse Latest News Law Firms Startup Corner Vendors

CuroLegal launches AI-assisted online outsourcing platform

Ohio-based legal innovation consultancy CuroLegal has announced the launch of an AI-assisted online platform for its outsourcing division, Custom Counsel, after partnering with Legal.io, a Stanford CodeX-backed Silicon Valley startup.

Custom Counsel, which was acquired by CuroLegal in 2015, offers lawyers easy access to the entire range of legal support, including freelance attorneys, paralegals, and legal assistants. These professionals are available on demand to other lawyers and have an average of 13 years of experience in the legal industry.