Gamekeeper turned poacher? What does Thomson Reuters’ acquisition of Business Integrity mean for the market?
It was an announcement that came as a surprise to the market, including Business Integrity’s clients, when Thomson Reuters last week disclosed its acquisition of the document automation company and its flagship ContractExpress solution.
Business Integrity, which recently signed up Ashurst, Clifford Chance and DWF as clients alongside existing clients such as Allen & Overy and Eversheds and corporates including Asda and Reckitt Benckiser, will become part of Thomson Reuters’ legal business stable. Until recently publishing rival LexisNexis has used ContractExpress to underpin all its document assembly products and services, including Lexis Draft and Lexis PSL.
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We have a new video interview to ease you into the weekend featuring Nathan Hayes, IT Director of Osborne Clarke, discussing how innovation is enabling client success at the firm. The video is part of the Intapp: In Conversation series with law firm leaders.
Thomson Reuters just announced that it has acquired Business Integrity, a leading provider of document assembly and contract creation tools to the legal market. Effective immediately, the company is part of the Legal business of Thomson Reuters. The financial terms of the transaction were not disclosed.
Please join us to see Bird & Bird demonstrate live how the firm has deployed a modern, matter centric, print solution integrated with line of business legal software to deliver innovation and reduce the firms costs, carbon footprint and risk of cyber security.
Devon law firm Tozers has signed a “six-figure deal” for SOS Connect integrated practice management and matter management from Solicitors Own Software. The firm is switching to SOS Connect after around 20 years with one of its competitor legal software providers. Insider records indicate this was the old Civica Galaxy Legal system.
Lloyds Bank’s technology-savvy general counsel Kate Cheetham has received the green light to begin a pitch process for an e-billing system after awarding LexisNexis the contract to roll out Visualfiles across the 320-lawyer in-house legal team.
The bank had already been using Visualfiles across a third of its in-house legal team but following a competitive pitch which LexisNexis won, the case management system will now be rolled out to all lawyers across 15 locations.
Welcome to the latest issue of the Legal IT Insider newsletter (September 2015 #286) – Top stories include: Veyo comes under further scrutiny following LSSA conveyancing portal launch – vendors complain of “no dialogue” + The “rise of the machines” in law firms – and will lawyers’ coffee machines shortly have artificial intelligence? + Who’s in and Who’s out – all the latest wins and deals from around the UK, American, APAC and EMEA legal markets, including another firm goes with LexisOne + Intapp & Rekoop still battling it out for leadership of the UK time recording market + a SharePoint DMS at Shoosmiths wins prizes + Redcentric wins £2million real with the Legal Aid Agency + three new entrants into the market + People & Places including Intapp puts together its ales and management dream team + Rekoop hires the legal IT worlds favourite Dutchman Juul Leijnse to head push into Europe + Quote of the Month: “I waited seven years for two pieces of what, I though, were pretty basic functionality. I Retired and we still didn’t have it!” …the former GC of one US corporation on the dearth of modern software for in-house legal teams