Global law firm Hogan Lovells has become the latest to announce a formal partnership agreement with ‘next generation’ legal services outsourcing provider Cognia Law to enhance its alternative delivery solution capabilities.
Under the agreement, which was signed in April, the firm can contract for a host of different services. Last month, a collaboration between Hogan Lovells, Cognia Law and FTI Consulting saw the launch of a new LIBOR tool for financial institutions. It combats the significant legal and administrative challenge of dealing with LIBOR re-papering by combining legal expertise with legal project management, and advanced technology such as Nuix, Contract Express and Kira, to create a more cost-effective ‘one stop shop’ for clients preparing for the discontinuation of LIBOR post-2021.
The Cognia team serves as an extension of Hogan Lovells‘ legal delivery centre in Birmingham, providing further flexible resource capabilities. The new model of delivery has already been successfully rolled out on real estate due diligences for the Munich office as well as on a number of litigious document reviews. Further joint services will be launched later in the year.
The partnership, which follows Cognia’s ad hoc consultancy and legal project management services over the past four years, is being led by the firm’s global head of legal operations, Stephen Allen, and head of alternative delivery solutions, Rachel Dabydoyal.
Dabydoyal said: “We are delighted to have joined forces with Cognia Law, not least because of our alignment in processes and quality but also because we are able to share best practices with each other to further enhance our alternative delivery offering – a true collaboration to drive efficiencies for our clients.”
Stephen Allen added: “The partnership is an extension to Hogan Lovells‘ alternative delivery platform which already includes options such as using lawyers in the Birmingham office and flexible lawyer service HL Elevate. Every client has an entirely different requirement so ensuring that we have the technology, tools and manpower to provide tailored solutions to every client is critical. The agreement with Cognia provides an important new dimension to this client offering.”
HL Elevate was formally launched in February led by Allen, and gives Hogan Lovells access to a pool of 1,500 lawyers for internal projects and client secondments. You can read our interview with Allen here: http://www.legaltechnology.com//latest-news/newlaw-and-biglaw-are-stronger-together-stephen-allen-on-hogan-lovells-flexible-lawyering-partnership-with-elevate/
Cognia was founded by Janet Taylor-Hall, who began life as a management consultant at EY and was then director of global programme group at Clifford Chance, before briefly heading legal process outsourcing at Integreon.
Other firms to enter into partnership with Cognia include Ashurst in June, led by partner and co-head of Ashurst Advance Chris Georgiou, who led a similar move while he was at Fieldfisher.