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“One of the few remaining verticals early in the penetration curve of technology”: CVC takes a majority stake in UnitedLex

CVC Capital Partners is to take a majority stake in UnitedLex in a sum that while undisclosed, we can safely trust is indeed “one of the largest transactions to date with any legal services provider.” It comes hot on the heels of UnitedLex closing deals worth $1.5 billion in total contract value over the last 18 months.

Added by Caroline Hill on the 20th Sep 2018 at 5:40 pm No comments

Introducing legal research assistant Vincent from vLex

Well finally we have an AI-backed legal research assistant with a boy’s name, as global legal publisher vLex announces the launch of Vincent, which analyses legal documents in Spanish and English and is trained in the law of no less than nine countries including Spain, the US, Canada, Mexico, Chile and Colombia. It will compete with Casetext’s CARA and ROSS Intelligence’s EVA.

Added by Caroline Hill on the 20th Sep 2018 at 11:33 am No comments

MDR LAB: What is it really good for?

At the risk of going legal tech lab mad, here is an article from the July/August Orange Rag, where we looked at Mishcon de Reya’s MDR LAB and asked – aside from the headlines it generates – how does it benefit the firm?

Added by Caroline Hill on the 20th Sep 2018 at 7:18 am No comments

Context is king: Why the legal sector can’t afford to have blockchain tunnel vision

Blockchain is a technology that could shake up the way legal services are delivered, managed and paid for. It’s an avenue being considered by law firms and legal departments looking to use technology more effectively to streamline operations and innovate. But to fully understand its usefulness, it has to be viewed and regulated as part of the existing industry, not in isolation, says Block.one’s general counsel Lee Schneider.

Added by Caroline Hill on the 19th Sep 2018 at 7:07 am No comments

Chris White takes the IT reins at HFW

A month after leaving Clyde & Co, former global CIO Chris White has resurfaced at HFW in the role of interim CIO, where he tells us his remit is “to put in place fit for purpose IT across the firm’s 20 global offices and also to create and drive an innovation initiative.”

Added by Caroline Hill on the 18th Sep 2018 at 1:22 pm No comments

The consumerisation of smart contracts: LegalZoom partners with Clause

Ten days ago RocketLawyer caused excitement (admittedly mostly among the blockchain community) by announcing that it will open up self-executing smart legal contracts to its consumer base, and today (17 September) rival LegalZoom announces a not dissimilar highly significant initiative, which sees it partner with Clause to provide self executing contracts to consumers and small businesses.

Added by Caroline Hill on the 17th Sep 2018 at 6:30 pm No comments

Herbies develops in-house data breach software

Will Herbert Smith Freehills be the next firm to launch its own digital services business? The UK top 10 law firm has developed software to help clients respond to data leaks quickly and reduce the financial impact of a cyber-attack, led by Andrew Moir, head of Herbert Smith Freehills’ global cybersecurity practice, who was a software engineer before becoming a solicitor.

Added by Caroline Hill on the 17th Sep 2018 at 2:00 pm No comments

Deadline Alert! The deadline for the September issue of the Insider is this Friday – 21 September

The deadline for you to get all wins, deals, and people moves to us in the next (September) issue of the Legal IT Insider newsletter is THIS Friday – 21 September – 12 noon UK time. Please email news@legaltechnology.com. Please flag all exclusives so we can give them the appropriate priority treatment.

Added by Caroline Hill on the 17th Sep 2018 at 7:02 am No comments

Trending: Barclays Eagle Lab launches with not a CIO in sight

The excitable corner of the legal tech universe that is the startup sector yesterday gathered to hear the first cohort of Barclays Eagle Lab in London pitch their wares, followed by Caribbean music, Pina Coladas and even the odd person dancing, but law firm CIOs and mainstream tech heads were notable in their absence.

Added by Caroline Hill on the 14th Sep 2018 at 12:20 pm 2 comments

He’s back! Former Intapp VP of marketing Dan Bressler launches own consultancy

Leaving Intapp to set up your own consultancy business is clearly catching, as former VP of marketing Dan Bressler resurfaces into the professional world with the launch of strategic marketing consultancy Meridius LLC and four large clients under his belt.

Added by Caroline Hill on the 13th Sep 2018 at 3:43 pm 1 comment

Elite Enterprise customer Drinker Biddle selects 3E

Am Law 100 U.S. law firm Drinker Biddle & Reath LLP has selected 3E as it transitions from Enterprise, Thomson Reuters Elite will announce today (13 September). As part of the multi-product deal, the firm also will utilize Xcelerate Budgeting and Forecasting.

Added by Caroline Hill on the 13th Sep 2018 at 12:43 pm No comments

Exclusive: iManage RAVN hires former Workshare CRO Nick Thomson as general manager

iManage RAVN has hired Workshare’s former chief revenue officer Nick Thomson as general manager to grow the business and help accelerate adoption, including further expansion outside of the legal sector.

Added by Caroline Hill on the 13th Sep 2018 at 8:00 am No comments

NetDocuments CTO keynote live stream login

Famed for his colourful presentations, NetDocuments chief technology officer Alvin Tedjamulia is on stage to deliver the keynote at the London ndElevate user conference today (12 September). Here are the live stream log in details.

Added by Caroline Hill on the 12th Sep 2018 at 1:52 pm No comments

NetDocuments: Forthcoming data loss prevention tech attaches security to matter or client

NetDocuments has its ndElevate EMEA user conference in London today (12 September) and if ILTA Washington is anything to go by, interest will be high in its new data loss prevention capability, which, available as of Q4, focuses on putting advance security around a matter or client to prevent data loss.

Added by Caroline Hill on the 12th Sep 2018 at 6:10 am No comments

Ashurst appoints former banking partner Christopher Georgiou as co-head of alternative legal services offering

Ashurst has appointed Christopher Georgiou as a partner to co-lead its global Ashurst Advance team, to be based in London. Georgiou will join two-time Legal Leaders Gleneagles speaker Mike Polson as co-head of Ashurst Advance in what the firm says is a demonstration of its clear commitment to significantly expand its successful global alternative legal services offering.

Added by Caroline Hill on the 11th Sep 2018 at 2:31 pm No comments