LegalTech NY Reports: second day summary
Here's a round-up of the second day at LegalTech New York courtesy of our associates at InsideLegal – www.insidelegal.com
With Monday's mega announcements out of the way we were focused on covering enough show floor ground to capture things new and novel at LegalTech. Another Thomson Reuters acquisition was announced on day 2, although it didn’t warrant a billboard in Times Square or an ice sculpture on the Eagan campus. The latest company to be purchased by Thomson Reuters is SuperLawyers, an attorney ratings system for consumers from Key Professional Media. “Super Lawyers is an extraordinary complement to our business,” said Christopher Kibarian, president, Business of Law. “Attorneys rely on word-of-mouth and recommendations to build their client base. We’re pleased to be able to provide the attorneys selected to the Super Lawyers list with additional support and services to achieve greater visibility and recognition for their accomplishments.” Specific terms of the deal were not disclosed.
Next up was PayneGroup and the new integration of its Forms Assistant product with SmartRules from RealPractice. According to John Sroka, CIO of Duane Morris and user of the integrated application “the integration will allow our staff quick access to up-to-date court rules and information with the single click of a button while working within a pleading. You cannot get more efficient than that.” Along with this announcement, PayneGroup and RealPractice are offering firms an exclusive FREE trial to try SmartRules for 30 days.
Phoenix-based Omega Legal recently launched eCop, which automates the billing review process to catch errors before they are billed. According to software specialist Steve Bentley, “This application is only available to Omega clients and is saving firms money by significantly reducing rejected, appealed, or written-off time entries.”
CRM veteran Cole Valley were discussing their early adopter program for their new version with sortable mass mailing capabilities.
Litera, fresh off its acquisition of SoftWise and integration of Innova into the product mix, arrived in New York ready to take on Adobe with the introduction of LDF, a PDF management application at a fraction of the complexity and cost of other products. LDF gives users the ability to manage their PDF documents. William Robertson, EVP of Client Development, told us LDF plans to ship within the next 60 days after beta testing is complete.
Applied Discovery's big deal news according to a chat at their booth revolves around RPM (Review Performance Metrics), a new review management offering that allows litigation support professionals to see understand and maximize review performance by providing a dashboard with monitoring tools. DocuLex announced customized workflow surrounding its flagship Archive Studio document management software and IBM Software are fairly new player (3 years and counting) in the e-discovery scene touted early case assessment software.
As promised, here's a sampling of random soundbytes on the success of the show from the exhibit floor:
Shirley Gorman, Vice President of Client Relations for PayneGroup, said that the traffic was constant and much better than last year. Adriana Linares with LawTech Partners (helping out in the Adobe booth) said, “Show traffic has been great, great attendees, but where's the WiFi? Isn’t this a technology conference?” This was a sentiment shared by many. It's very hard to cover a show without being able to connect to the internet – ah, the little things!
According to Dave Haucke, VP of Marketing for ISYS Search Software, this is their 16th LegalTech NY and traffic is as strong if not stronger than in the past. Steve Bentley, software specialist for Omega Legal said that there were more qualified prospects than before – possibly due to the lack of a third floor which condenses the traffic across just 2 floors. Cole Valley’s President Jeff Reade said he feels like the industry is definitely on the upswing, firms are getting over their nervousness of the economy and midsize firms have money and are beginning to spend it.
of today's (Wednesday's) major sessions centers around ILTA's
Sharepoint for Legal Symposium taking in Concourse A. ILTA's Microsoft Peer Group chaired by Kara
Portwood invites everyone to the seminar focusing on SharePoint 2010
and the impact it will have on legal. In speaking with Kara, we learned
that anticipated attendance has surpassed 175 (75 more than last year's
SharePoint event), and that the program includes a Microsoft SharePoint
2010 product preview, presentations by XMLaw and Handshake Software,
and finally actual user SharePoint case studies by ILTA member firms.
The session will be of value to anyone looking to review new features
inside SharePoint 2010 and looking to explore the topic of SharePoint
2010 as a viable document management system.