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Comment: Death of the billable hour

I was recently on a panel to discuss the death of the billable hour and thought I’d share (with his permission!) a behind-the-scenes conversation with Hans Albers, general counsel and head of legal operations at Juniper Networks, who is also president of the Association of Corporate Counsel.

13/11/2019

Ping clocks up $13.2m Series A funding in bid to automate timekeeping

Automated legal timekeeping provider Ping has raised a $13.2 million Series A investment round led by Upfront Ventures. 

12/11/2019

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Comment: Culture eats technology for breakfast at SOLID

Last week I was honoured to open David Cowen’s London Summit on Legal Innovation and Disruption (SOLID) among fellow speakers such as BT’s head of legal vendor management Neil Willson; Accenture’s deputy general counsel Christina Demetriades; John Lewis Partnership’s director of legal  Hannah Hullah; and American Express’s director and counsel for legal services Emer Kelly, to name a few. Here are the highlights.

12/11/2019

BRYTER raises $6m seed investment led by Accel

Germany-headquartered decision automation software provider BRYTER today (12 November) announces a $6m late-seed funding round led by leading global venture capital firm Accel, with participation from Notion Capital.

12/11/2019

Ashurst announces inaugural FinTech Legal Labs cohort

Ashurst has announced the first cohort of businesses for FinTech Legal Labs, a three-day accelerator programme designed to provide FinTech businesses with legal support and access to investors and leading financial institutions, plus ongoing activities.

11/11/2019

25 Years Old

Issue 327 is out now!

Late but worth the wait, see here all the stories from the latest Orange Rag, which is packed as usual with news and commentary.

11/11/2019

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Lexoo and Darktrace ranked in Deloitte UK Fast 50 2019

Cyber security provider Darktrace and legal online marketplace Lexoo have been ranked at number 12 and 25 respectively in Deloitte’s UK Fast 50, which is a list of the 50 fastest-growing technology companies in the UK based on revenue growth over the last four years.

08/11/2019

Ashurst launches flexible resource platform with Elevate and Cognia Law

Ashurst has today (8 November) formally launched a new flexible resourcing platform – Ashurst Advance Reach – working in collaboration with law companies Cognia Law and Elevate.

08/11/2019

UK win: Thirsk Winton moves to the iManage Cloud with Ascertus Limited

North-East London law firm Thirsk Winton has upgraded and migrated its privately hosted iManage Work email and document management solution to the iManage Cloud with the help of Ascertus Limited, migrating nearly one million documents.

08/11/2019

Movers and shakers: Anthony Barrett joins Enable Business Solutions as head of UK sales

Anthony Barrett has joined Enable Business Solutions to head up their sales in the UK. Formely at LexisNexis,  Barrett is a well-known figure in the UK legal market and over the past 12 years has also held roles at nQueue Billback, Phoenix Business Solutions, Hubbard One and TimeKM.

08/11/2019

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Comment: Why Competitive Law Firms Use Technology to Manage Legal Transactions

No one is still using pen and paper to write contracts—so why are so many firms still using pen and paper to execute them? asks Haley Altman, general manager of transaction management at Litera.

06/11/2019

Movers and shakers: Adam Stock joins Foundation Software Group

In a big name US hire for law firm intelligence platform Foundation Software Group, Allens Matkins’ former chief information officer Adam Stock has joined as vice president of product strategy, we can reveal.

06/11/2019

As MoJ invests £2m in legal tech we need to fixate on details not ideals

There was much excitement in the legal and business press on Monday 4 November because the Ministry of Justice has awarded £2m to a company that (not meaning to be rude) I’ve never heard of to support the development and use of technology in the UK legal sector.

05/11/2019

“Tech is a core focus”: Reed Smith becomes first international law firm to convert to ABS

Global law firm Reed Smith today (4 November) announced that it has become the first international law firm to convert to an Alternative Business Structure (ABS), after receiving approval from the UK’s Solicitors Regulation Authority. 

04/11/2019

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Legal tech win: Keystone Law selects FileTrail to aid GDPR compliance

In a big UK win for FileTrail, 300-lawyer agile working firm Keystone Law has selected GPS Policy Manager to automate records retention in compliance with GDPR.

04/11/2019

Legal tech win: Network Rail selects Custodian for Legal from Repstor

UK  railway owner and manager Network Rail has selected Office 365-based legal matter management solution Custodian for Legal from Repstor in collaboration with Konexo Global, Eversheds Sutherland’s newly rebranded alternative legal and compliance services division.

30/10/2019

So Far “THIS DECADE!”

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