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Legaltech news in brief: NRF forms alliance with Syke; CM Group acquires Vuture + more

Legal IT Insider News In Brief

Well it’s been another one of those weeks when we can’t move for legal tech announcements and here are a handful of the good ones in brief, including the strategic alliance between Norton Rose Fulbright and Syke; CM Group’s acquisition of Vuture; and Motta Fernandes Advogados selection of NetDocuments; while in eDiscovery land JND eDiscovery has attained RelativityOne Silver partner status and Hanzo is launching Hanzo Hold for Slack data management.

Added by Caroline Hill on the 17th May 2019 at 2:29 pm No comments

Gowling WLG enters 50:50 JV with Purple Frog Text to launch AI startup Avail

Gowling WLG has launched a 50:50 joint venture with existing tech partner Purple Frog Text to create real-estate AI start-up Avail in order to make a leap ‘from clever to user friendly IT’. This is the first time the firm has made an investment of this nature, according to real estate partner Mike Twining. We speak to Twining about the JV.

Added by Tate Chennis Colbran on the 17th May 2019 at 7:12 am No comments

Third party contract review: UnitedLex and Seal partnership forecast to have $250m impact

In a major new collaboration in the contract review space and the second of its kind in a week, UnitedLex has announced a master collaboration agreement with Seal Software to deliver a contract negotiation solution leveraging Seal’s contract analytics and discovery platform.

Added by Caroline Hill on the 16th May 2019 at 5:45 pm No comments

Orbital Witness secures £1.2m funding & raft of BigLaw clients including Clifford Chance

Legaltech startup Orbital Witness has secured funding of £1.2 million following a period of significant client wins that include Clifford Chance, Mishcon de Reya, Reed Smith and Macfarlanes. We spoke to CEO and co-founder Ed Boulle.

Added by Caroline Hill on the 16th May 2019 at 10:49 am No comments

Lexis Axxia swap out: Harbottle & Lewis selects Aderant Expert

Leading UK private client firm and technology, media and entertainment firm Harbottle & Lewis has chosen Aderant Expert as their new law practice management system, swapping out end of life PMS Lexis Axxia.

Added by Caroline Hill on the 16th May 2019 at 7:21 am No comments

ContractPodAi in Southeast Asia first with Rajah & Tann win

In its first win in Southeast Asia, ContractPodAi has entered into a commercial relationship with Rajah & Tann, which is one of the largest firms in Singapore with a legal network spread out over 10 countries across Southeast Asia and China, we can reveal.

Added by Caroline Hill on the 15th May 2019 at 2:56 pm No comments

Clyde & Co launches solar energy parametric insurance contract

Clyde & Co has today (15 May) launched a self executing solar energy parametric contract, which by its nature is automatically payable on the occurrence of a triggering event.

Added by Caroline Hill on the 15th May 2019 at 10:56 am No comments

DACB to shift 3E to Azure

DAC Beachcroft is set to shift its Thomson Reuters Elite 3E practice management system into the Microsoft Azure cloud, becoming one of the first large law firms to do so.

Added by Caroline Hill on the 15th May 2019 at 5:33 am No comments

Cove Hill takes a minority stake in NetDocuments

Yes, we have yet more legal tech private equity news, as Boston headquartered fund Cove Hill buys a minority stake in NetDocuments from Clearlake Capital Group, which acquired NetDocuments in 2017. We speak to CEO Josh Baxter and ask why Clearlake is selling a minority share, and why now.

Added by Caroline Hill on the 14th May 2019 at 11:29 pm No comments

Breaking news: Baker McKenzie Selects iManage Cloud

Baker McKenzie has selected iManage Cloud to replace its on-premises OpenText document management system, in a major win for the Chicago-headquartered vendor.

Added by Caroline Hill on the 14th May 2019 at 7:00 pm No comments

Contract Review in Box from Diligen – what you need to know

Diligen, a leading provider of machine learning software for contract review, is now available within the Box enterprise content management platform. This is what you should know.

Added by Caroline Hill on the 14th May 2019 at 2:25 pm No comments

Trending: Littler launches new data-driven app

US employment law specialist Littler Mendelson has launched a new platform to streamline counsel and provide clients with data-driven insights.

Added by Tate Chennis Colbran on the 14th May 2019 at 12:08 pm 1 comment

Legal IT Intelligence – CRM Report May 2019

In CRM of the Crop, our client relationship management report for 2019, we take a look at the latest trends in the legal CRM space including the new entrants, the new relationships and the new versions, as well as looking at the converse – the lack of innovation and what that means to CRM users.
 

Added by Tate Chennis Colbran on the 14th May 2019 at 10:55 am No comments

Private equity dominates as Onit acquires SimpleLegal

Private equity driven deals continue to dominate the legal sector news as, following a $200m strategic investment by K1 Investment Management in January, Onit yesterday (13 May) announced that it has acquired SimpleLegal, a 2013-founded SaaS provider of legal spend, matter and vendor management tools, to bolster its end-to-end business process automation platform. 

Added by Caroline Hill on the 14th May 2019 at 6:45 am No comments

Trending: South African courts to go digital with CaseLines

South Africa is implementing paperless digital courtrooms across the country after selecting London-headquartered digital evidence management provider CaseLines, in a move that is hoped will considerably improve access to justice including reducing ‘mislaid’ evidence.

Added by Caroline Hill on the 13th May 2019 at 12:01 pm 1 comment