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Startup Corner

Startup Corner: ComplyAdvantage raises $8.2m to expand machine learning compliance offering

ComplyAdvantage, which uses artificial intelligence and machine learning to help firms manage their compliance obligations, has raised $8.2 million in a Series A funding round led by Balderton Capital.
The funding will allow the 2014-founded, London-based RegTech firm to grow and increase product penetration across Europe and North America, as its New York office officially opens this week.

14/10/2016

Get voting: Legal Geek launches LawTech startup map

Legal Geek has launched a LawTech startup interactive map, which maps over 50 UK startups categorised by sector, created in conjunction with Thomson Reuters.

19/09/2016

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Startup corner in brief: Deftr

Not heard of Cambridge-headquartered legal tech startup Deftr yet? We think you will.

02/09/2016

LexisNexis and Janders Dean announce the 2016 Legal Innovation Index Winners

Collaboration across law firms, clients and professional service firms has seen a rise in the power and impact of legal innovation this year in Australia and New Zealand, as evidenced by the 2016 Legal Innovation Index announced last night by LexisNexis and Janders Dean.

24/08/2016

Legal IT Insider

CBA’s The Pitch showcases the power of legal innovation

There’s a big social media buzz surrounding the Canadian Bar Association’s surprisingly glitzy Lawtech startup contest The Pitch, in which the CBA teamed up with LegalX, the Lawtech district in Toronto, and LexisNexis. Over 30 entrants were culled to five: Beagle; Loom Analytics; Knomos; Rangefindr; and Blue J Legal. Beagle, an automatic contract review system, won the contest. Here’s our favourite write up so far.

17/08/2016

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

Welcome to the latest issue of the Legal IT Insider newsletter – July/August 2016 #295 – TOP STORIES INCLUDE: Goodbye to fountain pens as Allen & Overy and Olswang roll out DocuSign e-signature tech – and more major firms to follow • Travers Smith to virtualise desktop and outsource data centre – “the days of being stuck to your desk for 24 hours are long gone” • Contract intelligence software is “go” as legal tech startup ThoughtRiver receives external funding • Focus on Australia with Corrs Chambers, NetDocuments, and lawtech startups Crowd & Co + LegalVision + NRF LawPath

10/08/2016

Gilbert + Tobin increases stake in lawtech startup LegalVision

Innovative Australian law firm Gilbert + Tobin has increased its stake in lawtech startup LegalVision to nearly 20%, following a second round of financing.

LegalVision gives fixed fee, high volume legal business advice that is kept at a lower cost because it and the business lawyers who work for it operate online.

05/08/2016

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Startup Corner: Nalanda enters the unstructured data search space

Nalanda Technology has launched a software-as-a-service search tool capable of searching unstructured data from any device and won Gosschalks Solicitors as a client.

Founded in 2013, Nalanda recently unveiled its platform-agnostic ‘Nalytics’ solution, which can be used for contract review, investigations or in eDiscovery.

04/08/2016

Startup corner: Raft of UK law firms sign up to new comparison site Oratto

UK law firms including Pannone, JMW, Berg, and Buckles have signed up to a new lawyer comparison site which uses its own algorithm to give lawyers a rating out of 10.

26/07/2016

LawGeex: Free, Easy-To-Use Contract Review Software

Mary Redzic is in-house counsel at Vionic Group and founder of Disrupt Legal, where she reviews legal tech solutions. Here she trials free contract review software LawGeex from a user perspective and introduces us to the founders, Noory Bechor and Ilan Admon.

22/07/2016

Startup Corner: Brisbane lawtech startup Lawcadia receives AUS $500,000 funding

A Brisbane-based lawtech startup that provides companies with web-based procurement tools to find, instruct and manage law firms has received AUS$500,000 (£285,000) from a local investment fund.

Lawcadia, which launched in February, has received seed funding from Queensland-based angel investor ACAC Innovation, becoming the fund’s 19th startup to receive investment in just over 12 months.

19/07/2016

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Startup corner: Siaro has “tremendous possibilities” for family law

A new online platform that aims to bring family law into the 21st century is being trialled this summer. Siaro has been developed to allow lawyers to securely capture all relevant client information on divorce and separation cases before their initial consultation through a ‘guided pathway’ questionnaire.

Once submitted, the information is supplied to the lawyer in an easy to understand dashboard format. The system will automatically alert the lawyer of key issues from potential conflicts to health issues and possible domestic violence.

12/07/2016

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

Welcome to the latest issue of the Legal IT Insider newsletter – June 2016 #294 – TOP STORIES INCLUDE: Linklaters to drop Tikit Carpe Diem & switch to Intapp Rekoop + roadtest AI options +  Legal Tech startups say they are under threat from Brexit + DLA Piper signs up with AI outfit Kira Systems: “We’re trying to be ahead of the curve!”

29/06/2016

The Three Graces smile on Eclipse

Eclipse Legal Systems, the Law Society’s sole endorsed legal software provider, is implementing its Proclaim Case Management Software solution at Liverpool-based law firm, Three Graces Legal. The new start-up, established in November 2015, offers a wealth of experience in working for organisations of all sizes, as well as providing legal services for individuals.

28/06/2016

Guest post: The NewLaw tipping point

“That magic moment when an idea, trend or social behaviour…

22/06/2016

NewLaw: Wavelength.law hires Johnson Matthey legal director as chair

Newly-launched alternative business structure (ABS) Wavelength.law, which provides tech-led legal services to the corporate sector, has hired Johnson Matthey legal director Anne-Marie Garner as its chair and non-executive director, having just brought in a computational data scientist as its first full-time hire.

17/06/2016

Troll or Robin Hood? kCura sued for patent infringement by Blackbird Tech

kCura is among a raft of companies being sued for patent infringement by Blackbird Technologies, a U.S law firm said by its founders to enable powerless individual inventors and small companies to monetise their intellectual property, but which has been accused by a U.S technology and ediscovery blog of being a patent troll; a suspicion expressed more privately by others in the ediscovery market.

15/06/2016

Startup corner: Lexprompt WRITE for legal drafting

A Salt Lake City-based legal tech startup focussed on providing lawyers with an affordable tool for document drafting has completed its beta testing, having also recently integrated with NetDocuments.

15/06/2016

Startup Corner profile: Ajuve promises to revolutionise online dispute resolution

Legal IT Insider will be running a series of Startup Corner profiles: these are free – not advertorials – and designed to help build a startup community on the website. To submit a profile contact @chillmedia

An online dispute resolution service that claims it will revolutionise the settlement of disputes has launched.

08/06/2016

Startup Corner profile: InTouch

Legal IT Insider will be running a series of Startup Corner profiles: these are free – not advertorials – and designed to help build a startup community on the website. To submit a profile contact @chillmedia

InTouch, which was designed and implemented because the house buying process was confusing, frustrating and slow for Marvin Rounce in 2012, is a case management system designed to ensure communication between all parties involved is the best it can be.

03/06/2016

Startup Corner: XRef, Apperio, ROSS and Salladore

It’s been a busy month for legal tech startups, with news of major wins for legal draft supplier XRef Software Solutions; a big hire for eBilling startup Apperio; the first public commercial relationship for IBM Watson-backed ROSS intelligence; and the launch of new capacity management tech Salladore.

02/06/2016

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

Welcome to the latest issue of the Legal IT Insider newsletter – your monthly fix for all that is happening in the world of legal tech for May 2016

25/05/2016

Startup corner: Salladore launched to streamline and analyse lawyer workflow

Los Angeles-based legal tech startup Salladore has released software that enables law firms or in-house legal teams to identify who has the availability and skills to meet a client deadline and analyse its performance.

20/05/2016

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