The COVID-19-induced economic downturn is likely to mean enormous opportunity for litigators, as corporates and banks look to re-establish themselves in the new economic world. The problem? Firms are tightening their purse strings and even cutting headcount. The solution? Work with an ALSP, so you can scale up your document review capability without falling foul of headcount restrictions, says Integreon’s vice president of legal services, Vince Neicho.
Today (8 May) I’m on a panel of leading legal tech journalists to hash out the week’s news in a live recording of the podcast Legaltech Week. Sign up here.
It’s a truism to say that COVID-19 is one of the biggest challenges that the legal sector has ever experienced both professionally and personally, with those two subsets of our lives more blurred than ever before. But I’d argue that what is required right now are honest and unembarrassed conversations about the fact that in the legal and legal tech profession primary carers – and that is typically women – are likely to be hardest hit unless we take steps to prevent that.
Yesterday (6 May) Thomson Reuters and West Publishing Corporation filed a suit alleging that legal research startup Ross Intelligence stole its Westlaw proprietary data to fast-track its technology development. In a strongly-worded blog post today, Ross’s co-founders say: “These allegations are false. We did nothing wrong. Below, we release internal communications, agreements, and work product related to Westlaw’s claims.”
NetDocuments has launched ChatLink, an integration that links Microsoft Teams to NetDocuments. With ChatLink, Teams users now connect channels with NetDocuments workspaces and secure threads. The release has been expedited thanks to COVID-19.
In a lawsuit filed today (6 May) in the Delaware Courts, Thomson Reuters and West Publishing Corporation are suing Ross Intelligence for breach of copyright, claiming that Ross used data from legal research platform Westlaw to create its competitor product.
In this roundup: Clio data suggests new legal matters down by over 30%; Hans Haglund joins Foundation Software Group as VP of business development; BLM announces new IT director; CTS appoints Ed Smyth as new COO and CFO; Quill expands its headcount by three; Tikit enters new partnership with viu; Maples Teesdale selects Ascertus for iManage cloud rollout; Juro launches must read ‘How to build a legal team’ eBook; CloudNine launches CloudNine Data Wrangler; Proact launch new service for managed Office 365 backup; Smart Time automates time entry submission with “Approver” Module
Speaking with Peter Buck, VP of product strategy at NetDocuments, we will discuss how law firms and corporates must ensure that security is not compromised in light of the wholesale shift towards remote working. Sign up here.
Dentons has laid out in a case study for Litera some of the details around its real estate finance group turning to Litera Transact (Doxly) to streamline their transaction management processes.
Sensitive client data has been found in a historic Laserform database accessible via a browser. Laserform was acquired by legal software provider Advanced Computer Software in 2006.
German firm Beiten Burkhardt has signed up to the DocsCorp suite of desktop applications through Phoenix Business Solutions, a Morae Global Corporation company.
Clarkson Wright & Jakes has swapped out Thomson Reuters Elite Envision for cloud-based practice and case management system SOS Connect, having gone live with the new software just before COVID-19 hit.
Intapp lays off close to 50
Intapp has laid off close to 50 people out of its circa 800 workforce, we can reveal, with the redundancies taking place globally and across a range of teams including development, sales, and marketing, the latter of which has been particularly badly affected. We speak to president and chief client officer Dan Tacone.
Join us for your morning or afternoon coffee break on Thursday 23 April, when Legal IT Insider editor Caroline Hill will be speaking on a live webinar with acclaimed author, thought leader, legal operations advisor and general counsel Mitchell Kowalski.
AM Law 200 firm Baker Donelson has accelerated its deployment of the legal workflow solution BigHand Now in order to ease the transition to remote working and ensure optimal client service.
In its first integrated law firm partnership of this kind Factor (formerly Axiom Managed Solutions) is working alongside Allen & Overy to provide clients with a comprehensive, tech-led approach to LIBOR repapering.
Repstor, a content services and Microsoft 365 matter management specialist, has today (28 April) announced a partnership with Panoram – a new digital transformation business led by former Neota executives Rick Seabrook and Greg Wildisen as well as former Epiq director Martin Bonney. It will see Panoram implement Repstor Custodian for Legal as its default document management system for corporate legal departments and law firms.
NetDocuments has hired former investment banking head Hugo Doetsch as its chief financial officer in a hire that appears likely to precede further acquisitions, as the document management and collaboration vendor eyes strategic growth and a focus on end-user productivity.
UK law firm Mishcon de Reya has taken the decision not to use video conferencing app Zoom for client communications unless they receive express consent.