Following recent Nordic successes, Prosperoware has entered into partnership with Finnish IT consulting service provider Beveric, which joins Prosperoware’s growing channel of partners. The partnership allows Beveric to offer Prosperoware’s cloud provisioning, governance and business continuity solution CAM to their client base in Poland, Finland, and the Balkan states. Beveric is an iManage reseller partner […]
Accelerated by the pandemic and following a “very diligent review”, UK top 100 law firm Royds Withy King (RWK) has selected Peppermint Technology’s entire CX365 stack apart from document management to underpin its growth strategy, we can reveal. The firm, which according to the Legal IT Insider’s UK Top 200 chart is a Thomson Reuters Elite […]
By Pieter van der Hoeven, co-founder and CEO of Clocktimizer Most of us have felt the impact of Covid-19 on our agendas. For the majority of legal professionals, the pandemic has made the job of matter planning even more challenging. They must now battle increased uncertainty about when work will start, and what it will include. […]
A new AI that will take over a legal matters in their entirety, including producing complex legal advice, has received $200m in investment from a raft of investors including Palo Alto-based private equity firm Esnesnon Capital.
Litera has acquired document drafting rival DocsCorp, in an acquisition that dramatically accelerates Litera’s platformisation play and brings the three main legal document productivity vendors under one roof, following Litera’s acquisition of Workshare in 2019.
Welcome to the March Orange Rag, and yes, it’s another month where the biggest story is legaltech M&A, BUT we also bring news of the first social event of the legaltech calendar, our very own Bring Back Boring Ball (and awards)! Dominating our front page (and holding up the release of the Orange Rag, but […]
A new report from Wolters Kluwer’s ELM Solutions concludes that 2020 saw the biggest shake up in the outside legal services market since the 2008 crisis: 90% of corporate legal teams reduced their active providers, and around 16% of attorney-client relationships were put on hold – although Am Law firms doubled down on strong relationships. […]
The Microsoft Exchange exploit: A four-step response plan Arcas Risk Management managing partner and founder Robert Fitzgerald talks us through the four steps that firms must go through to assess and remedy their exposure to the recent Microsoft Exchange attacks. Cybersecurity experts are warning that legal organisations must take no chances when identifying and remedying weaknesses […]
Akin Gump, an AmLaw 50 firm with 20 offices around the world, has expanded its partnership with client relationship management provider LexisNexis InterAction. Akin Gump has used InterAction in its marketing department since 2007 but has selected the solution as its firmwide business development platform after a competitive market review. It will transition to the […]
Scotland’s AI Strategy was formally launched at the start of this week (22 March). While it is not yet clear what the strategy means specifically for law firms, at leading firm Brodies, IT director Damien Behan observes that the formalised strategy can only be a good thing in the wider business world. Brodies has already […]
By Simon Price, European VP, Legal Tech, OpenText The Covid-19 pandemic has undoubtedly changed the way we work, with many companies forced to re-evaluate their business models and employee working practices. Whilst remote working environments have historically been frowned upon by many companies due to concerns around security and productivity, the continuing business impact of the pandemic […]
Corrected on 31 March to say that Litera is headquartered in Chicago. The original piece said North Carolina. Litera has seen a raft of senior departures over the past few months, as the Chicago-headquartered company eyes a target revenue of a quarter of billion dollars. While the circumstances behind the departures are varied and one […]
Allen & Overy’s former global managing partner Andrew Ballheimer is joining the board of Factor in the latest big name hire for the alternative legal services provider rebranded from Axiom Managed Solutions. Factor will be leveraging Ballheimer’s knowledge and experience of the legal sector: he stepped down as managing partner in April 2020 after 35 […]
The pilot stage of the UK’s first Lawtech Sandbox has come to an end today (25 March), after what is described as a successful three-month trial period in which all participants saw accelerated growth. The pilot, which is an R&D initiative for lawtech scaleups, is run by LawtechUK – the government-backed initiative within Tech Nation to help […]
The Jersey Court Service has selected CaseLines (now owned by Thomson Reuters) as its cloud-based court exhibit and evidence sharing platform, underpinning what is described as a complete digital overhaul of its Courts. Following a successful proof of concept in 2020, Jersey is now rolling out the system across all courts and tribunals on a phased basis, beginning later in March.
Capital markets SaaS ecosystem ScribeStar has raised over £1 million, of which £865,000 was raised by 726 investors on Crowdcube. The sum raised on the crowdfunding platform is nearly 75% more than its target of £500,000. ScribeStar says it will use the funds to further its expansion in the capital markets digital document production market, […]
LinkedIn has over the past 24 hours seen two powerhouses advertise roles within their organisations and beyond, as Ruth Ward looks for a head of legal excellence in the Government Legal Department in England and Wales, and Mary O’Carroll, head of CLOC highlights a raft of available legal ops roles as well as pricing and […]
DWF has hired Jordan Owen to lead its Global Entity Management service. Owen joins DWF from KPMG, where she spent the last five years as a senior manager in the Global Entity Management team, which she helped establish. Prior to that, she was at Eversheds for five years. The new service will allow clients to outsource the […]
“The median compliance department decreased its headcount between 2017-2020 from 12 to 10 full-time employees (FTEs). One reason for the decrease appears to be a shift in spending away from headcount to technology and outside spending.” A study by Gartner has revealed that corporate compliance spend plateaued in 2020 after several years of growth. The study […]
By Darrell Mervau, FileTrail, and Christopher Young, Pinnacle “Culture eats strategy for breakfast . . . and information governance policies for dessert.” Regardless of who actually said “culture eats strategy” first, the saying implies that any business strategy will prove ineffective if the right company culture is not in place to support it. Without a […]