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Thomson Reuters’ HighQ acquisition: The advisers

Given the huge interest in the sector in Thomson Reuters’ acquistion of HighQ, we thought you’d be interested to know that leading UK tech firm Kemp Little advised TR in a fantastic deal for the firm. HighQ was advised by Skadden, Arps, Slate, Meagher & Flom.

Added by Caroline Hill on the 22nd Jul 2019 at 4:18 pm No comments

Madrid to host ELTA 2019 in November

Madrid will become the European capital of LegalTech during the European Congress of LegalTech #ELTACON2019, it has been decided. CEU San Pablo University will co-host the congress, which begins on 20 November with an exclusive event for ELTA members and will continue on the 21st and 22nd with lectures and roundtables on innovation and digital transformation.

Added by Tate Chennis Colbran on the 22nd Jul 2019 at 3:11 pm No comments

Heads up: thedocyard and Contract Express integration tease

Heads up for an announcement of an integration between the thedocyard and Thomson Reuters Contract Express. In a social media tease, the docyard says: “Significant development in deal technology: Our CEO Stuart Clout will be in Singapore tomorrow with @Thomson Reuters to launch our product integration with Contract Express – A world first: document automation integrated seamlessly into a digital workflow for your deals. This changes the game.”

Added by Caroline Hill on the 22nd Jul 2019 at 1:46 pm No comments

DocsCorp unveils 20% growth for 2018-2019: We speak to co-founder Dean Sappey

DocsCorp last week announced its end-of-financial-year results for 2018-19, delivering a 20% global growth in sales: the best sales results in its 15-year history and more than double last year’s growth of 8%. We speak to co-founder and president Dean Sappey about where the biggest growth has come from and what the pipeline looks like.

Added by Caroline Hill on the 22nd Jul 2019 at 9:49 am No comments

Thomson Reuters the platform: The post HighQ acquisition analysis

Following our revelation yesterday (18 July) that Thomson Reuters is acquiring HighQ, the Legal IT Insider blog and social media feeds have lit up with lots of commentary. Notably where the comments are on LinkedIn and Twitter, they have been overwhelmingly positive and welcoming of the acquisition. On our website where many are anonymous, the picture is quite different.

Added by Caroline Hill on the 19th Jul 2019 at 4:23 pm 1 comment

Exclusive: Thomson Reuters acquires HighQ!

Following a period of intense multi-party bidding that one person with knowledge of the situation described as “aggressive”, we understand that HighQ has been acquired by Thomson Reuters, in what looks likely to become our deal of the year for 2019.

Added by Caroline Hill on the 18th Jul 2019 at 10:20 am 13 comments

Women in tech: Baker’s head of innovation in Germany begins fellowship at the World Economic Forum C4IR

Valesca Molinari, Baker McKenzie’s co-head of innovation in Germany and Austria, will this week begin her fellowship at the World Economic Forum’s Centre for the Fourth Industrial Revolution (C4IR), in San Francisco, California.

Added by Caroline Hill on the 18th Jul 2019 at 6:51 am No comments

“This is still a nascent stage in legal”: ContractPodAi secures $55m Series B investment

ContractPodAi has secured a $55 million Series B investment round led by Insight Venture Partners with participation from the company’s Series A backer, Eagle Proprietary Investments. The $55m investment represents Europe’s largest legaltech Series B fundraise (and, apparently, the largest Series B round for any CLM provider globally.) We speak to co-founder and CEO Sarvarth Misra about the investment.

Added by Caroline Hill on the 17th Jul 2019 at 1:13 pm No comments

CMS UK’s Obelisk partnership

We recently caught up with CMS’ head of innovation and legal operations, John Craske, to find out more about the UK top 10 law firm’s strategic partnership with Obelisk. 

Added by Tate Chennis Colbran on the 17th Jul 2019 at 10:02 am No comments

Clifford Chance selects ContraxSuite from Elevate to underpin new data science lab

Clifford Chance has selected opensource contract analytics platform ContraxSuite to underpin its new data science lab and help it build document analysis solutions for its clients. This is a tech/services play as the firm will also be supported by specialists in AI and data science at Elevate, which acquired ContraxSuite as part of its acquisition of LexPredict in November 2018.

Added by Caroline Hill on the 16th Jul 2019 at 9:00 am No comments

DAC Beachcroft: At a glance

Continuing our efforts to profile the IT capability of the UK’s largest law firms, here DAC Beachcroft’s Chief Operations Officer, Andrew Keith, tells us about the IT team’s remit, strategy, challenges and where significant investment.

Added by Tate Chennis Colbran on the 15th Jul 2019 at 10:54 am No comments

“Too great an opportunity”: Bill Burch joins ECFX as co-founder and CRO

He announced this year that he is retiring to the Caribbean but that retirement has been extremely shortlived, as Thomson Reuters Elite’s former VP of global sales, Bill Burch this week once again entered the legal technology fray as co-founder and chief revenue officer of electronic court filing startup ECFX.

Added by Caroline Hill on the 12th Jul 2019 at 3:05 pm No comments

New Seal Software CEO John O’Melia on what the management shake-up means for the business

Contract analysis specialist Seal Software has appointed a new chief executive and president, as well as introducing a new board-level position focused on accelerating strategic growth initiatives.

Added by Tate Chennis Colbran on the 11th Jul 2019 at 1:00 pm No comments

OpenText launches dedicated legaltech division and unveils major tech expansion

Serge Savchenko

OpenText has launched a dedicated legal technology function led by Serge Savchenko; who joins from Survalent Technology, where he was the chief revenue officer. The legal tech division becomes the only dedicated industry vertical in […]

Added by Caroline Hill on the 10th Jul 2019 at 7:24 pm 3 comments

Hogan Lovells partners with legal services outsourcing provider Cognia Law

Global law firm Hogan Lovells has become the latest to announce a formal partnership agreement with ‘next generation’ legal services outsourcing provider Cognia Law to enhance its alternative delivery solution capabilities. 

Added by Tate Chennis Colbran on the 10th Jul 2019 at 11:42 am No comments