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Webinar: Legal IT Insider talks AI for Contracts with Lionbridge and Gravity Stack

In this webinar we have a great scoop and new product demo combined! Lionbridge will discuss its new go-to-market and product partnership with Gravity Stack (Reed Smith’s legal tech subsidiary).  Gravity Stack developed Lionbridge’s new Relativity Translator app and the pair are working on a joint “AI for Contracts” offering.

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Litera announces winners of The Changing Lawyer Awards

Litera has announced the four legal professionals and organizations who are the winners of The Changing Lawyer Awards 2020.

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Microsoft announces the winner of the first UK law firm diversity programme

Reed Smith has been awarded both the top performer and most innovative law firm award in Microsoft’s inaugural UK law firm diversity programme (LFDP), an incentive-based programme which it has run in the United States since 2008.

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Perkins Coie Recognized by Intel and Microsoft as Most Diverse Outside Legal Team in the US

Perkins Coie has been recognized by both Intel Corporation and Microsoft as the most diverse outside legal team of 2019.

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The September Orange Rag is out now!

Welcome to the September Orange Rag, where legal tech M&A and private equity activity feature highly, as the sector continues to buck the global dip in corporate activity. We bring you all the latest deals, including new(ish) kid on the block H4’s deal with JP Morgan (Linklaters is an investor in H4 and the document management platform counts magic circle firms such as Allen & Overy among its clients), and we take a look at the growth in adoption of Microsoft Teams in your world.

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J.P. Morgan completes successful pilot with smart document platform H4 with plans to roll out further

Having secured $27m from a consortium of investors including JP Morgan and Linklaters in May, London-headquartered document creation and analysis vendor H4 has successfully completed a pilot with J.P. Morgan’s global custody business and there are plans to roll it out across JP Morgan’s securities services business in the coming months.

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The Kitch Firm Chooses 3E Cloud and eBillingHub

US law firm Kitch Drutchas Wagner Valitutti & Sherbrook will be transitioning from Thomson Reuters Elite Enterprise to 3E Cloud. As part of the deal, the Detroit-headquartered firm also will be adopting eBillingHub.

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Joanna Sidhu hired to head BRYTER Open

BRYTER has hired CrowdJustice’s head of legal and partnerships Joanna Sidhu to lead and build its community platform BRYTER OPEN, which gives non-profits and academic institutions free access to its no-code platform.

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Microsoft to accelerate AI solutions for customers after exclusively licensing OpenAI’s GPT-3

When Microsoft announced in May last year that it was investing $1bn in OpenAI to support the build of advanced language AI GPT-3, Forbes said: “At first glance, Microsoft’s $1bn investment in OpenAI does not seem to promise revenue or profit payoffs.”

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XRef founders unveil app to instantly visualise transactions: is a new platform player in town?

The founders of legal proofreading company XRef have launched a new tool that will enable lawyers to instantly turn pictures into digital diagrams, enabling them to map out and build digital visualisations of how deals or even cases are going to work.

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Video: Caroline Hill interviews Andrew Watts on Relativity Fest 2020

We speak to Andrew Watts, CIO of Relativity on this year’s virtual edition, and all the inventive flourishes they added to create an engaging virtual experience… including a game of Cards Against Humanity!

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European Women of Legal Tech Awards 2020 – Vote Now!

Nominations are streaming in for the European Women of Legal Tech Awards 2020, which recognize the impact of women on the digital transformation of the industry.

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Rocket Matter acquired by PE company launched to consolidate billing and payments software

Heads up, there’s another private equity fund in town. New York private equity fund Lightyear Capital has launched ProfitSolv to sweep up and integrate payment and billing solutions – and one of its first acquisitions is leading cloud-based practice and case management system Rocket Matter.

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ZERØ enters NetDocuments partnership ecosystem for improved inbox productivity

Email management provider ZERØ has entered NetDocuments ISV partner ecosystem following growing demand from NetDocuments’ customers. The partnership means that ZERØ can now integrate with the cloud-based document management system and help customers to improve productivity, particularly by leveraging its mobile email filing and time capture capability.

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Overcoming the challenges around provisioning Microsoft Teams for matters

Legal IT editor in chief Caroline Hill hosted a webinar with Prosperoware CEO and co-founder Keith Lipman, and solutions consultant Yann Gouillou to look at how you can use Microsoft Teams for matters, including a demonstration of how their solution CAM for Microsoft Teams solves provisioning pain points.

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Herbert Smith Freehills wins ‘best innovation by a law firm’ at Relativity Fest

Relativity has named Herbert Smith Freehills’ CheckMate application as the best innovation by a law firm in 2020.

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US and UK VC and PE Leaders Pressured to Cut Costs Due to Deal Volume Dips

Venture Capital and Private Equity firms may differ in many ways, but they share a similar predicament – increased pressure to cut legal costs as business revenue from M&A and fundraising declines, according to a new Apperio study entitled “Private Equity and Venture Capital:  Two Industries United by Lackluster Legal Spend Management.” 

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COVID-19: UK office workers told to work from home as daily infection rate quadruples

UK office workers are being asked to again work from home if possible, meaning that law firms and organisations that have begun a slow return to the office are likely to return to lockdown conditions.

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Bundledocs raises €600,000 in funding from Enterprise Ireland + private investors

Irish-headquartered SaaS document bundling software provider Bundledocs has secured €600,000 in funding from Enterprise Ireland and private investors. Headquartered in Cork and with a newly opened office in Sydney, the company says it plans to double its team in the next three months. 

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The Inside View: Eric Laughlin, CEO of Agiloft, discusses their $45m funding and the wider investment market

Don’t miss our chat today (Tuesday 22 September at 3.30pm BST) with Eric Laughlin, Agiloft’s new CEO, who was hired from EY in conjunction with Agiloft’s incredible $45m growth equity investment.