New London-based advisory, managed services and technology company Ethien has announced that it has joined the HighQ Alliance Network.
Ethien has yet to formally launch but has for the past year been building its business, led by co-founder and CEO Andy Loach, a former COO of Addleshaw Goddard’s respected Transaction Services Team.
Most recently Loach was a member of the strategic advisory board of Sabrefish, a spin off from global systems integrator Salmon. Salmon was founded and run by Ethien’s now chairman Chris Harvey until its sale to WPP in 2012, when he separated the insurance business of Salmon to become Sabrefish.
IT training is resisted and yet it is critical. Lack of knowledge is not just time consuming, annoying and frustrating it poses considerable risk to a law firm. The head of document production at a top 100 London law firm who sees problem documents every day believes “someone is going to get sued” before firms realise that their lawyers need far better basic technology skills in order to reduce risk.
The U.S. business of IMF Bentham has reported a 60% leap in investment opportunities over the past year as the third party commercial litigation funding giant this year opens an office in Toronto and hires new chief marketing officer Gretchen Koehler.
Bentham IMF in the U.S., which doubled in size in 2015, has over the past year seen the successful or partial conclusion of six funded matters, including three portfolio deals with law firms, and several large-scale disputes with additional recoveries expected going forward.
Surrey law firm Streeter Marshall has switched legal software suppliers and gone live with SOS Connect from Solicitors Own Software (SOS). With 75 people based at offices in Croydon, Purley and Warlingham, Streeter Marshall carries out a range of work on behalf of SMEs, families and private clients.
In this roundup of the latest legal IT industry news, we bring you wins, deals, product launches and upgrades and people moves from Phoenix and HighQ, Epiq Systems, DocsCorp, Thomson Reuters, LexisNexis, Hewlett Packard Enterprise, LockPath, ReadyTalk and more.
How many lawyers does it take to change a lightbulb?
The ideal length of your video is shorter than you think. In the digital age, with shorter attention spans, research shows that 20% of people will switch a video off after 10 seconds if it doesn’t engage them. After a minute 45% of your remaining viewers will have stopped watching and 60% after two minutes. The ideal length for a corporate video is between 30 and 90 seconds, so aim for 60 seconds and deliver your key message early!
Jomati report: Law firms are finally embracing alternative working practices including legal project management
The clear differences in working practices between traditional law firms and alternative legal providers are starting to disappear, a study out today (5 February) by Jomati Consultants has found, with a notable upsurge in the adoption of legal project management (LPM) and process improvement techniques, despite continuing fee earner resistance.
The extensive report, called ‘Re-engineering legal services: how traditional law firms are – finally – learning to embrace alternative working practices’, finds that there are three areas in which law firms are increasingly adopting working practices more typically associated with new legal market entrants: the establishment of low cost centres (LCCs), which operate in a manner similar to legal process outsourcers; the adoption of LPM and process improvement which – in turn – offer clients greater price certainty; and the development of law firm-owned contract lawyer services, which closely resemble those already offered by established alternative providers.
Ned Staple, GC and company secretary at Zoopla, talks to us about tech, the need for e-billing, and the £3m Series A funding of his online business, FarmDrop, founded with ex-Morgan Stanley stockbroker Ben Pugh and food industry specialist Ben Patten, which enables consumers to buy directly from producers.
Tikit this week announced that it has extended its technology partnership with HighQ and entered into its first North America-wide partnership, as SharePoint solutions provider Handshake Software said yesterday (3 February) that it has partnered with Mobile Helix, creator of mobile app LINK.
LINK, which enables lawyers to securely access their documents, emails, calendar, intranet and web apps in one place, will now be available to Handshake Software Microsoft SharePoint customers. The encrypted mobile app now includes second-factor authentication – primarily through a finger print – for greater security.
Litera Corporation today (3 February) announced new partnerships with TOTVS in Latin America and SoftMart in Pennsylvania as part of its continued efforts to expand globally and provide ‘follow the sun’ technology delivery and support. […]
eDiscovery at LTNY: New CEO for Cicayda as Zapproved breaks the terabyte-per-hour processing barrier
Cloud-based eDiscovery provider Cicayda has appointed industry veteran Billy Hyatt as its new chief executive officer, taking over from co-founder Roe Frazer, who will now head up business development and new eDiscovery consulting group Frazer Law.
Hyatt has been chief sales officer at Cicayda since 2014, when he joined from Standard CP, which he co-founded after leaving Thomson Reuters in 2013, where he held the role of manager for large law software solutions.
Organisations on both sides of the Atlantic welcomed the news yesterday (2 February) that the European Commission and United States have at last agreed a new framework for transatlantic data flows but warn that further clarity and a rebuilding of trust is now key.
The EU-US Privacy Shield, which replaces the old Safe Harbour framework, will govern the transfer of personal data for commercial purposes from companies in the EU to companies in the U.S. It puts in place stronger obligations on companies in the U.S. to protect that information and stronger monitoring and enforcement by the U.S. Department of Commerce and Federal Trade Commission (FTC), including through increased cooperation with European data protection authorities.
A heady combination of a growing demand among clients for global eDiscovery capability, the demise of safe harbor and a good dose of healthy competition between Silicon Valley venture capitalists is proving to be a powerful mix, as merger and investment activity in the eDiscovery sector in January notably spiked.
Update: a decision has now been reached on Safe Harbour 2, full story to follow shortly.
European businesses with operations in the United States face continued uncertainty and increased risk of enforcement after the European Commission and U.S. missed the deadline to agree a new data sharing pact following the demise of Safe Harbour protection last year.
The European Commissioner Vĕra Jourová confirmed last night (1 February) that further concessions are needed from the U.S. before a new agreement on the safe transfer of data between the UK and US can be agreed.