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Barclays Eagle Lab legal tech incubator launches: here’s why you should embrace it

Barclays last night (19 June) formally launched its Eagle Lab legal tech incubator in partnership with The Law Society, which at its core is an attempt to help the legal sector catch up with its fintech peers and “turbo-charge London’s law-tech ecosystem.”

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

Doxly completes NetDocuments integration

Doxly, the legal transaction management that works with Dentons among others, today (19 June) announced its integration with NetDocuments in a move that will simplify deal workflow for customers of the cloud document management system provider. The new integration creates a direct connection between documents drafted and stored in NetDocuments to the deals they are associated with in Doxly.

Added by Caroline Hill on the 19th Jun 2018 at 1:58 pm No comments

Accenture Cyber Roundtable: How much is enough?

The days of law firms needing to be reminded of the importance of investing in appropriate cybersecurity solutions or how much of a target they are have long gone, but how much is ‘enough’ when the risks are sky high, but the budget is finite? Legal IT Insider hosted a roundtable with Accenture – including global head of security Kelly Bissell – to look at best practice and start the ball rolling on our industry cyber benchmark.

Added by Caroline Hill on the 19th Jun 2018 at 11:20 am No comments

Deadline Alert! The deadline for the June issue of the Insider is this Friday – 22 June

The deadline for the next (June) issue of the Legal IT Insider newsletter is THIS Friday – 22nd June – 12 noon UK time.

Added by Charles Christian on the 19th Jun 2018 at 9:10 am No comments

Epiq bolsters settlement and bankruptcy capability with Garden City Group acquisition

Epiq has bolstered its settlement and bankruptcy capability with the acquisition of Garden City Group (GCG) from claims management solutions provider Crawford & Company. GCG provides legal administration services for class action, bankruptcy, mass tort, regulatory matters, and legal notice programs.

Added by Caroline Hill on the 18th Jun 2018 at 3:23 pm No comments

And it’s a win for Apperio as Monzo signs up to legal spend platform

Mobile-only bank, Monzo, has selected Apperio’s legal spend management and analytics SaaS platform to help it track and analyse legal spend across all law firms, in real-time, in one place.

Added by Caroline Hill on the 18th Jun 2018 at 12:28 pm No comments

Tessian raises $13m in Series A funding

Tessian (formerly CheckRecipient) is going from strength to strength and today (18 June)  announces that it has raised $13 million (£9 million) in a Series A round led by Balderton Capital and existing investors, Accel. Amadeus Capital Partners, Crane, LocalGlobe, Winton Ventures and Walking Ventures also participated in the round.

Added by Caroline Hill on the 18th Jun 2018 at 12:17 pm No comments

All the latest legal tech wins and deals

It’s been a busy week in legal tech almost certainly capped by the news on Friday (15 June) that DWF may shortly become the largest law firm to float on the London Stock Market to help increase its investment in technology and connected services. There’s was news of a litigation decision engine launched out of a partnership between Weightmans, Kira Systems and the University of Liverpool; an enormous £13m cash injection from Goldman Sachs and Temasek for Eigen Technologies; and U.S. law firm Gordon, Arata, Montgomery, Barnett, McCollam, Duplantis & Eagan became the first to go live on 3E in the Cloud, to name but a few of the latest wins and deals rounded up here.

Added by Caroline Hill on the 18th Jun 2018 at 6:44 am No comments

DWF eyes IPO to help increase investment in technology and connected services

In line with its strategy of ‘doing things differently’ and in order to help increase its investment in technology and connected services, DWF may shortly become the largest law firm to float on the London Stock Market with a valuation of up to £1bn, The Times reports today (15 June) and the UK top 25 law firm has confirmed in a statement.

Added by Caroline Hill on the 15th Jun 2018 at 11:14 am No comments

Better Strategic Planning: How to Be a Leader in a World of Lemmings

Russ Haskin, director of business of law consulting at Wilson Legal Solutions says that data, both internal and external, should be the only information guiding your planning process. We like it because it resonates with a number of conversations that we’ve been having lately: get your data in order; understand and improve your processes; stop panicking about what everyone else is doing.

Added by Caroline Hill on the 15th Jun 2018 at 6:17 am No comments

Law Society commission to review the impact of big data and AI on the justice system

The Law Society of England and Wales today (14 June) launched a public policy commission review of the impact of technology and data on human rights and justice. According to new Law Society vice president and commissioner Christina Blacklaws, the review will examine issues of unconscious bias, ethics and rights, as well as what kind of oversight is required and what the financial and social cost could be if algorithms are skewed. The commission will initially look at the use of AI in legal practice and in society, by the police and prison services.

Added by Caroline Hill on the 14th Jun 2018 at 5:06 pm No comments

Odi-sé Avocats first French independent to select Workshare Transact as transaction management booms

It’s not sexy legal tech and may not contain one mention of AI but online transaction management is one space where you can expect some major law firms wins shortly, and later today Workshare will announce that Odi-sé Avocats Aviation Finance has become the first independent French law firm to adopt Workshare Transact.

Added by Caroline Hill on the 14th Jun 2018 at 1:24 pm No comments

Adventures in the Pessimistic DMS Garden: 9 Challenges Security Solutions Must Address

Over the past year, we’ve seen an increase in the number of firms moving to need-to-know or pessimistic security for non-public data. The driver is simple: clients are demanding it. The underlying reasons are simple: (1) industry (such as finance) regulators are requiring it for clients’ data; and/or (2) clients’ security officers are demanding it as best practice. There’s also a simple truism of cybersecurity professionals: it’s not “if” a business will be hacked, but rather “when.” Law firms are in the unique position because most of the data they hold is owned by their clients. It’s crucial to be aware of and understand the complete set of requirements before selecting or implementing a particular technology, says Keith Lipman, founder and president of Prosperoware. It’s even more important to understand how people actually work in law firms – unless you don’t care about adoption or compliance.

Added by Caroline Hill on the 14th Jun 2018 at 9:43 am No comments

New Peppermint integration with InfoTrack means conveyancing completed ‘30% faster’

Peppermint Technology has rolled out two-way integration with InfoTrack, which it estimates could reduce the time it takes to complete a conveyancing matter by 30%.

Added by Caroline Hill on the 13th Jun 2018 at 1:10 pm No comments

Scottish Legal Aid Board (SLAB) is first Scottish public body to move to Oracle Cloud

The Scottish Legal Aid Board (SLAB) has ‘gone-live’ with Oracle Cloud. The move which is in line with the Scottish Government’s Digital Strategy for Scotland means that it is the first public body to make this transition.

Added by Legal IT Newswire Form on the 13th Jun 2018 at 10:09 am No comments
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