Memery Crystal has become the latest law firm to select cloud-based client relationship management system OnePlace, replacing LexisNexis Interaction, which the respected City firm has used for 16 years. Best-known for its Alternative Investment Market […]
Joint ventures between law firms and startups are still far from common (in fact, we’d go as far as to say still rare) but in Australia, Corrs Chambers Westgarth has become the latest local firm to invest in a startup, in an alliance with Canadian AI contract review specialists Beagle.
Following its acquisition by private equity houses The Carlyle Group and Revolution Growth in January 2016, it was perhaps little surprise that LDiscovery last week acquired Kroll Ontrack for $410m, as consolidation across the eDiscovery sector continues apace.
Thomson Reuters’ London legal team is set to move to entirely agile new premises in Canary Wharf by the end of 2016.
Previously the Bank of America building, Thomson Reuters will take up the first seven floors of the building in 5 Canada Square, with the circa 150-strong legal team the first to relocate.
Desks will not be allocated to any particular individual but will be allocated through a desk booking system and staff will have lockers to keep their work possessions in.
Henry Allan, Founder and CEO of Route1, commented: “We believe that setting our fee rates at this level will help to rebase expectations in the industry and bring an end to high pressure cold-calling by recruiters, serving to put more control back in the hands of employers and candidates.”
Legal IT News: Wolters Kluwer, PwC, BigHand, iManage, Eclipse, Jaeva Management, Opus 2, EDRM, Janders Dean and more
Wolters Kluwer’s new partnership with PwC USA for claims litigation caused a stir on social media last week, in a legal tech week that also saw an Am Law 200 win for BigHand, a new California client for iManage, and a win for UK practice management software provider Eclipse Legal Systems. There are promotions and new appointments for Jaeva Management Services, Opus 2 International and EDRM (electronic discovery reference model), as we also bring you industry news from Janders Dean, a new Digital Skills Award from the European Commission that is open to any business to apply, and our job and event of the week.
An influential report by PwC out today (24 October) concludes that law firms need to invest heavily in technology and find new ways to pay for that investment, as growth slows in the face of increasingly tough market conditions.
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.