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Startup Corner

Startup corner: Foundation Software Group in Focus

Founded in 2014 by Nate Fineberg – ex-CEO and founder of Interface Software – and Brett Palmer, Foundation Software Group creates SaaS apps for large law firms and counts 10 Am Law 100 firms as clients. You legal veterans will recall that Interface created InterAction, which was acquired by LexisNexis in December 2004. Foundation Software’s focus is currently helping firms to collect and leverage their collective work experience.

11/07/2017

Startup corner: Fliplet in focus

Fliplet is a user-friendly platform for law firms to create apps, including accessing a suite of pre-built apps that can be adapted for the likes of law firm events, client support or crisis management. Founded in 2013, Fliplet initially thought its target audience would be small law firms. Then along came Sky.

30/06/2017

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Startup corner: Atrium LTS raises $10.5m to "revolutionise legal services"

US serial entrepreneur Justin Kan has raised $10.5m in the first round of funding for his new legal technology startup Atrium LTS, which appears likely to focus on workflow tools for lawyers and client-facing tech.

16/06/2017

Startup corner: Atrium LTS raises $10.5m to “revolutionise legal services”

US serial entrepreneur Justin Kan has raised $10.5m in the first round of funding for his new legal technology startup Atrium LTS, which appears likely to focus on workflow tools for lawyers and client-facing tech.

16/06/2017

Startup Corner: Divorce Right in focus

Divorce Right was founded in 2014 to make the divorce process easier, allowing parting couples to prepare and exchange documents online and keep up to date with their case. Winner of a place in the Janders Dean and LexisNexis 2016 Legal Innovation Index, here, founder and lawyer Anne-Marie Cade describes how technology can help make a difference to the very human story behind it and how solicitors need to find news ways to solve old problems.

06/06/2017

In brief: CrowdJustice raises $2m in seed funding

Crowdfunding platform CrowdJustice has raised a $2m in a seed investment round involving four venture capital firms.

31/05/2017

The May issue of the Legal IT Insider newsletter is out now

Top stories include: CMS say no thanks to Elite 3E and consolidate on older Enterprise + Vendor litigation: Litera patent claims against DocsCorp dismissed “with prejudice” + Ediscovery: has the kCura launch of its UK Relativity SaaS platform pitched into a hosting war with its partners? + New ITS + CSN partnership say they can rollout Elite 3E fast and 40% cheaper + We also keep score on the Elite versus Aderant competition & the latest happenings on Planet iManage

24/05/2017

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Startup corner: CrowdJustice in Focus

CrowdJustice helps provide much needed access to justice by raising funds and awareness for legal cases, enabling communities to back legal action that matters to them and lawyers to take on cases that they may not otherwise take. UK founded, CrowdJustice has launched in the US and received huge national coverage in both jurisdictions. We say it’s an example of modern technology at its best. Here is founder Julia Salasky with more.

23/05/2017

Startup Corner: Contractinbox in focus

Contractinbox is a marketplace for B2B contracts and eDeals. Founder Heema Dawoonauth talks about global growth, looking for seed investment, and how not every law firm is happy to see legal tech succeed in a traditionally protected market.

19/05/2017

LawAdvisor to launch in the UK and take on Janders Dean investment

Australian legal tech startup LawAdvisor is set to launch in the UK and has secured the financial backing and support from legal management consultancy Janders Dean, taking total investment in the fledgling company to over $AUS1m.

12/05/2017

Startup Corner: Avvoka in Focus

Describing itself colloquially as Google Docs for contracts, Avvoka is trying to move corporates away from the traditional drafting process in Microsoft Word and onto its SaaS contract creation platform, where its document assembly tools create first drafts using decision tree software. 

12/05/2017

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Carolineb Hill

Comment: Legal tech startups – Do you want extra froth with that?

It says an awful lot about the legal tech startup market that businesses which have been involved in the scene since 2010 or before are gobsmacked that the sector is now being described as ‘frothy’ or ‘overhyped’.

11/05/2017

Australian startup Lawcadia gets $500,000 funding boost

Brisbane-based legaltech startup Lawcadia, which launched in February 2016, has received AUS$500,000 from the Queensland Government’s Business Development Fund to expand its legal procurement business.

08/05/2017

The April 2017 issue of the Legal IT Insider is out now

TOP STORIES INCLUDE: • eSentio sues HBR Consulting over NetDocuments swap out at Akin Gump and King & Spalding • Contract risk analysis platform ThoughtRiver raises over $1million in funding • RBRO says its business as usual in UK for iManage customers after departure of senior execs • Workshare says we won’t be beaten by the competition on speed or accuracy

AND welcome to the Insider’s new (and FREE to read) Legal Tech Startup Directory – 18 pages of listings and analysis on over 50 innovative companies who have broken with the law firm herd mentality and are set to change the face of legal practice in the UK, Europe, US and APAC regions. You can also discover which startups describe themselves as “Just Eat for Lawyers” and “LinkedIn meets Tinder”

27/04/2017

Startup Corner: ClauseMatch in Focus

In March, document and workflow collaboration platform ClauseMatch gained the full attention of the FinTech sector after Barclays signed up with the startup, which took part in Barclays’ accelerator programme. Focussed on overhauling the contract negotiating process, it should also be on your radar. Here, ClauseMatch, which is in Legal IT Insider’s brand new startup directory out this week (note: Thursday 27 April), tells us more about how the platform works and who is behind it.

25/04/2017

Wonder.Legal takes online legal document service to the US

French-founded online legal document generator Wonder.Legal has launched in the US, targeting both businesses and individuals with the promise of instant letter, contract and agreement creation and taking on established players Rocket Lawyer and LegalZoom on price.

20/04/2017

Startup Corner: F-LEX in focus

Self-labelled as the “task rabbit for law firms and in-house counsel”, F-LEX provides law firms with on demand paralegals through a set of web and mobile apps. Founded by a trio including Legal Geek founder Jimmy Vestbirk, F-LEX is notably providing paralegal resource to a law firm to supervise their AI software.

13/04/2017

ComplyAdvantage partners with Encompass Corporation

Encompass Corporation and ComplyAdvantage will today (11 April) announce a new partnership, in a combination that will apply artificial intelligence and traditional data sources in order to combat money laundering. 

11/04/2017

Startup Corner: Farewill in focus

Described in its marketing material as ‘wills for the 21st century’, Farewill promises you can make a new will in 15 minutes and has some heavyweight financial backers (think founders of Zoopla and Wonga) to help it disrupt the conventional will writing sector. So far available only in England and Wales, it has plans to expand to Scotland. Interestingly, its founders say that the ease of making a will is beginning to change will writing behaviour, with more people making bequests to friends.

11/04/2017

Startup Corner: Thomson Reuters teams-up with Legal Geek to help advance LawTech startups

Thomson Reuters has teamed-up with Legal Geek to help advance innovation and collaboration within the LawTech startup community. The move follows Thomson Reuters support for the Legal Geek startup map and the inaugural and highly successful Legal Geek conference held in London’s Brick Lane last year.

06/04/2017

Chrissie Lightfoot unleashes Robot Lawyer Lisa to create NDAs

Today sees the official launch of a free legal tool that allows users to create legally binding Non-Disclosure Agreements (NDAs) in less than 7 minutes at absolutely no cost. By asking questions about the users’ needs, LISA intelligently drafts the document while helping them understand the legal and commercial principles on which it is based. LISA is also the first law robot to provide unbiased and objective assistance to both parties, allowing users to avoid having to engage traditional human lawyers on either side.

06/04/2017

Allen & Overy's tech space Fuse: “Equity isn’t the price of coming”

Allen & Overy’s announcement on 28 March that it is to launch a technology innovation space within its City office is one of the most extensive commitments to new and emerging tech that the market has seen from a law firm to date. We catch up with A&O partner and Fuse chairman Jonathan Brayne to find out more about the business model behind it.

03/04/2017

Allen & Overy’s tech space Fuse: “Equity isn’t the price of coming”

Allen & Overy’s announcement on 28 March that it is to launch a technology innovation space within its City office is one of the most extensive commitments to new and emerging tech that the market has seen from a law firm to date. We catch up with A&O partner and Fuse chairman Jonathan Brayne to find out more about the business model behind it.

03/04/2017

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\\\Collabora8.IT-Reimagining legal services post-COVID-19: Join our webinar with Mitchell Kowalski

\\\Collabor8.IT – Business continuity webinar: We talk leadership priorities with Litera’s CEO Avaneesh Marwaha

Collabor8.IT – TalkingTech

\\\Collabor8.IT – Legal IT Insider editor Caroline Hill spoke with Michele DeStefano, professor of law at the University of Miami and founder of LawWithoutWalls (LWOW) on the topic of ‘What now for innovation post COVID-19.’

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