Bird & Bird has today (21 October) unveiled its Digital Innovators Power List, which celebrates some of the most visionary digital companies in and around London and includes cybersecurity firms ComplyAdvantage and Darktrace.
Given that Thomson Reuters’ 2016 Legal Department In-Sourcing and Efficiency Report surveyed 429 attorneys and operational professionals in corporate legal departments – a sizeable number for any survey – the findings in relation to the use of legal department operations managers and technology range from a wasted opportunity to highly questionable.
Word Excellence Day has ticked along to date with almost no direct involvement from Microsoft but last week’s conference was notably different, perhaps thanks to a session on The Open Document Format for Office Applications, or ODF.
Having discontinued its outsourced library deal with Integreon last year, DAC Beachcroft gives an insight into what went wrong and the benefits of switching to U.S. specialist library management group LAC Group, which this year rebranded its library as a service platform as LibSource.
Disputes data mining just got even more interesting as Bloomberg Law yesterday (18 October) announced the launch of Litigation Analytics, which will draw on its extensive databases to help lawyers inform their case strategies.
Law Made is to raise a US$20m early stage startup investment fund as its founders add ‘venture capital’ to the portfolio of services they offer new and emerging legal businesses.
The Toronto-headquartered legal innovation pop-up, set up by ‘chief legal provocateur’ Jason Moyse and ‘chief innovation operative’ Aron Solomon, co-founders of MaRS Discovery District’s LegalX Cluster, first publicly announced the intention to raise the fund at yesterday’s (18 October) Legal Geek startup conference in London.
Janders Dean has this month begun using an artificial intelligence-based bot to liaise with its clients and contacts and schedule meetings.
x.ai personal assistant Amy has since the start of October scheduled close to 20 external meetings for the legal industry management consultancy, ranging from meetings at the Janders Dean offices to partner sessions at its clients’ offices. Her interaction with clients follows a successful internal pilot that began in June.
RAVN Systems has entered into a strategic partnership with leading legal management consultant firm Fireman & Company to deliver artificial intelligence (AI) and enterprise search technology to the North American legal market.
Concerns over rising stress levels at the Bar has led The Bar Council to launch a Wellbeing at the Bar Portal to provide support and best practice to barristers, clerks and chambers on wellbeing and mental health issues.
Having entered into partnership in June, Dentons’ innovation and tech investment arm Nextlaw Labs and Seedcamp have selected their first two early stage legal tech startups to back.
The past week has seen the announcements that Charles Russell Speechlys has implemented Veeam Availability SuiteT v 9, as UK portal Free2Convey releases new collaboration tool Docs4Home, and Instant On IT is appointed by Field Court Chambers to provide IT support, services and guidance. In news out of the United States, iManage has joined the Cloud Security Alliance (CSA), FTI Consulting has appointed Sophie Ross as global chief executive officer of the firm’s technology segment, and InOutsource has hired Rabiya Hirji-Young as senior risk management consultant.
Simmons & Simmons has announced the names of the first startups to receive free support from its new FinTech Fund, which include blockchain invoicing provider Tallysticks.
ComplyAdvantage, which uses artificial intelligence and machine learning to help firms manage their compliance obligations, has raised $8.2 million in a Series A funding round led by Balderton Capital.
The funding will allow the 2014-founded, London-based RegTech firm to grow and increase product penetration across Europe and North America, as its New York office officially opens this week.
Am Law 100 firm Akerman this week (10 October) became the latest firm to announce that it is upgrading its Enterprise practice management system to 3E, following Thomson Reuters Elite’s announcement in February that Enterprise will be sunsetted in 2022.
Elite will not, by its own admission, be able to transition all Enterprise customers onto 3E but it’s giving it a good shot and, if Vantage London showed us anything, Elite appears to be very clear in its wider direction of travel, including into the cloud in 2017.
Having joined NetDocuments certified partner program in July this year, Nikec Solutions has assisted medium-sized London firm Kerman & Co in its selection of NetDocuments’ cloud-based document management system.