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The September issue of the Legal IT Insider newsletter is out now – read it here free!

Welcome to the latest issue of the Legal IT Insider newsletter – September 2016 #296 – TOP STORIES INCLUDE: Goodbye iManage? Now Dentons prepares a proof of concept for running NetDocuments cloud-based DMS for 7300 lawyers. Global CIO Marcel Henri adds that the firm is moving to a “pessimistic security model” to lock down data for cybersecurity purposes, including “phishing attacks,” rather than stay with legal industry standard of “optimistic” security. + Norton Rose Fulbright to spend £75 million of SAP – Bold or Bat Crazy? Discuss.

27/09/2016

Baker Donelson appoints William Painter as first chief innovation officer

Baker Donelson has named William Painter as its first-ever chief innovation officer.
Painter, who previously served as the 650+ lawyer U.S. firm’s chief strategic planning officer, will oversee key drivers of innovation for the firm such as legal project management, knowledge management, IT, pricing, eDiscovery/practice support, research and non-traditional services including the firm’s consulting subsidiary LegalShift

27/09/2016

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Vantage: Mason Hayes signs up to 3E as 3E 2.8 unveiled

With its Vantage London user conference well under way, Thomson Reuters Elite will announce later today (27 September) that leading Irish law firm Mason, Hayes & Curran will be making the transition from its existing Enterprise practice management system to 3E, after TRE yesterday unveiled 3E 2.8 in preparation for its move into the cloud.

27/09/2016

Freshfields partners with Kira Systems

Freshfields Bruckhaus Deringer has become the latest law firm to sign up with Kira Systems to implement a global artificial intelligence tool for document review in the M&A due diligence process.

26/09/2016

Guest post: Rolling out e-signatures at Linklaters – the inside view

E-signing for me started on typically crazy day with the arrival of a tenancy agreement that I needed to sign in my inbox. I sadly accepted that I was going to spend the next 30 minutes printing, signing and scanning; most likely cursing the printer as it jammed, the scanner as it sent the document to the “other” Mark Nuttall and why it wasn’t possible to find a pen that worked in an office full of pens.

26/09/2016

Compliance takes centre stage as FTSE 100 sets aside £31.3bn to meet legal claims

Corporate compliance functions can be expected to receive yet further investment with the news that FTSE100 companies have set aside an incredible £31.3bn to meet legal claims in the last 12 months – a 22% increase from the £25.6bn set aside in the previous year.

26/09/2016

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Bar Council signs up SproutIT as exclusive legal IT service partner

Reminiscent of the Law Society of England and Wales’ unpopular endorsed IT supplier scheme, The Bar Council has entered into a commercial partnership with SproutIT – the first known legal technology company to enter the Bar Council’s portfolio of approved service partners.

23/09/2016

Encompass Corporation: £3.6m investment will accelerate expansion into legal

Following a year of aggressive UK growth, Australian-headquartered data aggregator Encompass Corporation has been awarded investments totalling £3.6 million, which it will use to accelerate its expansion into the legal market.

22/09/2016

Comment: Adopting e-signatures in light of new regulation

Adopting e-signatures can bring huge benefits to organizations, however they need to ensure they are mindful of new Electronic Identification and Signature (eIDAS) legislation, writes Stefan Ropers, managing director, Central Europe, Adobe

22/09/2016

Travers pilots RAVN ACE to speed up due diligence work

Travers Smith has become the latest City firm to trial RAVN’s machine learning-based due diligence tool RAVN ACE.
The highly profitable top 40 firm began running a pilot with RAVN around a month ago within its corporate department, for a case that involves a heavy amount of due diligence.

21/09/2016

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NetDocuments reaping benefit of Microsoft integration as Pitmans rolls out DMS and email

NetDocuments is reaping the benefits of its ‘native-cloud to native-cloud’ integration with Microsoft and Office 365, as UK top 200 law firm Pitmans rolls out NetDocuments’ document and email management platform across its four offices spanning London, Reading and Southampton.

21/09/2016

Lex Machina unveils law firm and judges comparator apps

Silicon Valley-headquartered legal analytics company Lex Machina will today unveil two new applications that instantly compare the court results and performance of both law firms and courts and judges in the U.S.

20/09/2016

Dentons' innovation arm invests in due diligence workflow startup as part of $2.25m funding round

Dentons’ innovation arm Nextlaw Labs has invested in legal transaction management software platform Doxly, in a $2.25m Series Seed funding round that includes investment from Hyde Park Venture Partners and startup studio High Alpha Capital.
High Alpha, which is based in Indiana and focuses on conceiving and launching next gen enterprise cloud companies, launched Doxly, its first dedicated legal platform, only in July 2016.

20/09/2016

Dentons’ innovation arm invests in due diligence workflow startup as part of $2.25m funding round

Dentons’ innovation arm Nextlaw Labs has invested in legal transaction management software platform Doxly, in a $2.25m Series Seed funding round that includes investment from Hyde Park Venture Partners and startup studio High Alpha Capital.
High Alpha, which is based in Indiana and focuses on conceiving and launching next gen enterprise cloud companies, launched Doxly, its first dedicated legal platform, only in July 2016.

20/09/2016

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It’s not ILTA, it’s ELTA: European Legal Technology Association launches

In a move designed to help the European legal technology market ‘play catch up’, The European Legal Technology Association (ELTA) was formally founded today (19 September), bringing together law firms, companies, legal tech providers, start-ups, and individuals with an interest in legal business and legal technology from all over Europe.

19/09/2016

It's not ILTA, it's ELTA: European Legal Technology Association launches

In a move designed to help the European legal technology market ‘play catch up’, The European Legal Technology Association (ELTA) was formally founded today (19 September), bringing together law firms, companies, legal tech providers, start-ups, and individuals with an interest in legal business and legal technology from all over Europe.

19/09/2016

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