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Knowledge is King: Manzama launches Signals for more data driven BD

Analysing news reports about your clients is hugely time consuming but Manzama’s newly-launched software Manzama Signals uses natural language processing (NLP) to do that for you. This is the announcement, out yesterday (18 January), will no doubt hit a sweet spot in many firms as they increasingly realise that business development, to be done better, must be more data driven.

Added by Caroline Hill on the 19th Jan 2018 at 9:37 am No comments

Startup Corner: The Link App named in KPMG Best British Mobile Start-up Shortlist

Congratulations is due to Lauren Riley, founder and CEO of Manchester-based legal tech firm, The Link App, which has been shortlisted to the final five in KPMG’s search for the Best British mobile start-up.

Added by Caroline Hill on the 18th Jan 2018 at 1:25 pm No comments

OnePlace sees 200% increase in seats in 2017

Off the back of wins that included Reed Smith and Edwin Coe, OnePlace in 2017 saw a 200% year-on-year increase in the number of seats at current and new clients worldwide, supported by a team that doubled in size thanks to a number of hires from LexisNexis.

Added by Caroline Hill on the 18th Jan 2018 at 8:27 am No comments

Thoughts from the market: Pessimistic security, embedded AI and GDPR to reign supreme in the legal sector in 2018

Roy Russell, CEO of Ascertus Limited, highlights succinctly what he says will be the top three technology trends in the legal sector in 2018.

Added by Caroline Hill on the 17th Jan 2018 at 5:52 am No comments

Document management: NetDocuments appoints new CFO

NetDocuments has filled the shoes of former chief financial officer Jeff Sperber, who left in August 2017, bringing in Pete Childs from Workfront, a cloud-based enterprise work management software vendor.

Added by Caroline Hill on the 16th Jan 2018 at 12:24 pm No comments

Alternative legal services: Bakers hires chief services officer to spearhead innovation

With alternative legal services and pricing estimated to create an annual revenue impact of $50m at Baker McKenzie, the global law firm has hired Ilnort Rueda as chief services officer to help define and lead the implementation of new services, business models and revenue sources. Rueda joins from US global management firm A.T. Kearney, where he was a partner in the financial institutions practice based in Zurich, Sao Paulo and New York. Prior to that he was an investment advisor at UBS.

Added by Caroline Hill on the 16th Jan 2018 at 11:34 am No comments

Exclusive: ContractPodAi sees revenue increase of over 500% in past 12 months

IBM Watson-backed contract management system ContractPodAi has seen its annual recurring revenue increase by over 500% in the past 12 months, having completed its evolution from a legal support service provider to pure legal tech SaaS player.

Added by Caroline Hill on the 16th Jan 2018 at 8:20 am No comments

Legal tech wins: Wansbroughs Solicitors sign up to SOS Connect

Wansbroughs Solicitors has signed up to integrated practice and case management with SOS Connect from Solicitors Own Software as it targets a new growth phase in 2018. Wansbroughs is a full-service regional practice based in central Wiltshire with offices in Devizes and Melksham.

Added by Charles Christian on the 15th Jan 2018 at 3:53 pm No comments

Diversity: DLA adopts the Contextual Recruitment System by Rare

In a bid to widen access to the legal sector and the firm, DLA Piper has adopted the Contextual Recruitment System (CRS) run by Rare, a diversity recruitment specialist that is helping to attract talented graduates and apprentices from disadvantaged backgrounds into the sector.

Added by Caroline Hill on the 15th Jan 2018 at 2:00 pm No comments

The Deadline looms for the January Insider newsletter – Friday 19th at noon!

The deadline for the next issue of the Legal IT Insider newsletter – January 2018 (issue 309)- is THIS Friday – 19th January at 12 noon. Contact Caroline Hill for feature stories caroline.hill@liti.co.uk – wins, deals and people news to news@legaltechnology.com

Added by Charles Christian on the 15th Jan 2018 at 11:44 am No comments

Legal IT News: All the latest wins, deals, moves, launches and comments

Before launching into the past few days’ deals, hires and comments it’s worth sharing the observations of a CIO we spoke to last week, who said: “There used to be a lull when you got back to work after Christmas, but that seems to be a thing of the past!”

While that’s not yet reflected in the number of new deals here, we feel your pain. Remember the next Orange Rag is out on 24 January – get your news in quick – and we are just about to publish the full programme for our Gleneagles CIO conference at the end of Feb, which is, quite frankly, blimin’ amazing. If you haven’t already registered, get in there quickly.

Added by Caroline Hill on the 15th Jan 2018 at 8:51 am No comments

Why data classification should be at the heart of every law firm’s data security strategy

Effective data classification helps law firms to not only protect the integrity of client data but also demonstrate best practice in data security, says Thomas Fischer, threat researcher and global security advocate for Digital Guardian, who here sets out a five-point action plan.

Added by Caroline Hill on the 12th Jan 2018 at 10:13 am 1 comment

Guest Post: Snapshot of the Legal Market, Missing Link, and Mystery Disconnect

Two recent surveys, the Altman Weil 2017 Chief Legal Officer (CLO) Survey and the 2018 Report on the State of the Legal Market by The Center for the Study of the Legal Profession at the Georgetown University Law Center and Thomson Reuters Legal Executive Institute and Peer Monitor® provide a great snapshot of the state of the legal market, says Ron Friedmann.

Added by Tate Chennis Colbran on the 11th Jan 2018 at 12:52 pm No comments

Conveyancing: Website fee estimate tools increase enquiry rates eight-fold

Despite a low uptake so far in law firms advertising prices for conveyancing services on their websites under the Competition and Markets Authority’s (CMA’s) new transparency regime, a study out later today will demonstrate an eight-fold increase in enquiries when a fee estimate tool is added to the website.

Added by Caroline Hill on the 11th Jan 2018 at 7:10 am No comments

“Faster, cheaper services, driven by data”: Littler hires first chief data analytics officer

With data analytics likely to become a major differentiator in 2018, US employment and labour law giant Littler has further expanded its data analytics capabilities with the re-hire of Text IQ’s general counsel and VP of strategy, Aaron Crews, as its first chief data analytics officer.

Added by Caroline Hill on the 10th Jan 2018 at 10:45 pm No comments
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