CMS Hasche Sigle has won an award for an in-house technology solution developed by its own R&D team to solve a labour law issue common among its German clients.
Microsoft announced today (29 September) that it has formed the Microsoft AI and Research Group led by tech visionary Harry Shum, a day after Amazon, DeepMind/Google, Facebook, IBM and Microsoft announced that they have created a non-profit partnership to formulate best practices in response to the challenges and opportunities around the growing field.
A novel partnership between Clifford Chance and Thomson Reuters was unveiled earlier this week as legal service providers look for innovative ways to help their financial institution clients adapt to onerous new OTC derivatives regulation.
DAC Beachcroft will in November roll out Salesforce-based client relationship management system OnePlace to 200 users as part of a pilot that looks likely to be implemented across the 2,200-staff firm next year.
In a launch that will be welcomed by the legal industry with as much caution as excitement, RAVN Systems yesterday (27 September) launched a tool to automate the review of potentially legally privileged material, powered by its AI tool RAVN ACE (Applied Cognitive Engine).
Dentons is set to launch a proof of concept of NetDocuments’ cloud-based document management system, as the 7,300-lawyer firm also moves closer to locking down its files to all but those immediately involved in its matters.
Welcome to the latest issue of the Legal IT Insider newsletter – September 2016 #296 – TOP STORIES INCLUDE: Goodbye iManage? Now Dentons prepares a proof of concept for running NetDocuments cloud-based DMS for 7300 lawyers. Global CIO Marcel Henri adds that the firm is moving to a “pessimistic security model” to lock down data for cybersecurity purposes, including “phishing attacks,” rather than stay with legal industry standard of “optimistic” security. + Norton Rose Fulbright to spend £75 million of SAP – Bold or Bat Crazy? Discuss.
Baker Donelson has named William Painter as its first-ever chief innovation officer.
Painter, who previously served as the 650+ lawyer U.S. firm’s chief strategic planning officer, will oversee key drivers of innovation for the firm such as legal project management, knowledge management, IT, pricing, eDiscovery/practice support, research and non-traditional services including the firm’s consulting subsidiary LegalShift
With its Vantage London user conference well under way, Thomson Reuters Elite will announce later today (27 September) that leading Irish law firm Mason, Hayes & Curran will be making the transition from its existing Enterprise practice management system to 3E, after TRE yesterday unveiled 3E 2.8 in preparation for its move into the cloud.
Freshfields Bruckhaus Deringer has become the latest law firm to sign up with Kira Systems to implement a global artificial intelligence tool for document review in the M&A due diligence process.
E-signing for me started on typically crazy day with the arrival of a tenancy agreement that I needed to sign in my inbox. I sadly accepted that I was going to spend the next 30 minutes printing, signing and scanning; most likely cursing the printer as it jammed, the scanner as it sent the document to the “other” Mark Nuttall and why it wasn’t possible to find a pen that worked in an office full of pens.
Corporate compliance functions can be expected to receive yet further investment with the news that FTSE100 companies have set aside an incredible £31.3bn to meet legal claims in the last 12 months – a 22% increase from the £25.6bn set aside in the previous year.
Reminiscent of the Law Society of England and Wales’ unpopular endorsed IT supplier scheme, The Bar Council has entered into a commercial partnership with SproutIT – the first known legal technology company to enter the Bar Council’s portfolio of approved service partners.
Following a year of aggressive UK growth, Australian-headquartered data aggregator Encompass Corporation has been awarded investments totalling £3.6 million, which it will use to accelerate its expansion into the legal market.
Adopting e-signatures can bring huge benefits to organizations, however they need to ensure they are mindful of new Electronic Identification and Signature (eIDAS) legislation, writes Stefan Ropers, managing director, Central Europe, Adobe