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Inhouse

Legal tech acquisition: Mitratech buys ThinkSmart

Mitratech has acquired ThinkSmart LLC, creating an end-to-end platform designed to transform legal operations into a center of innovation and excellence. With the addition of ThinkSmart and the ThinkSmart Automation Platform (TAP), Mitratech’s TeamConnect platform can now bring people, processes, and information together, by leveraging TAP’s easy-to-use workflow automation engine to extend TeamConnect’s reach across the entire enterprise.

Added by Caroline Hill on the 23rd Apr 2018 No comments

Turbo charging London’s law-tech ecosystem: Barclays launches start-up and scale-up incubator

In a bid to turbo charge London’s law-tech ecosystem Barclays today (23 April) launched a new law-tech incubator in partnership with the Law Society. The venture is backed by major law firms including Allen & Overy; Clifford Chance; and Baker McKenzie as well as Legal Geek and leading universities UCL and The University of Liverpool.

Added by Caroline Hill on the 23rd Apr 2018 No comments

CLOC and LawGeex release The Anatomy of a Director of Legal Operations

With CLOC’s Las Vegas institute now in full swing you can expect a fair amount of legal operations related news, kicked off by a piece of LinkedIn-based research and a useful infographic produced by CLOC – ok, the Corporate Legal Operations Consortium – and contract review automation provider LawGeex, which you will recall we just wrote about thanks to their enormous $12m latest funding round.

Added by Caroline Hill on the 23rd Apr 2018 No comments

Cybersecurity: Soon-to-launch Crypviser instant messaging app to offer blockchain security

Earlier this week the French government announced it was to develop its own secure messaging app because it was concerned about the integrity of the Telegram and WhatsApp platforms. The issue with both of them is they ultimately rely upon central servers that could be compromised by hackers (whether criminal or government agencies) or via court orders. To address this issue Dusseldorf-based Crypviser has developed what it claims is the world’s most secure messaging platform that no government can block, stop or spy on because all verification is based on blockchain technology. This could be a platform that will appeal to a lot of law firms concerned about maintaining the confidentiality of their communications.

Added by Charles Christian on the 18th Apr 2018 2 comments

Deadline for the April issue Legal IT Insider newsletter is THIS Friday 20 April

For all you lawtech PRs out there – the deadline for the April issue of the Insider newsletter is 12 noon THIS Friday 20th April – be there or be a footnote in the May issue.

Added by Charles Christian on the 16th Apr 2018 No comments

AI in the UK: House of Lords select committee asks, are you ready, willing and able?

A report out today (16 April) from the House of Lords select committee on artificial intelligence finds that while the UK has a “unique opportunity” to shape the development of AI, it is essential that ethics take centre stage, with the report recommending the creation of a cross-sector AI Code to help mitigate the risks.

Added by Caroline Hill on the 16th Apr 2018 1 comment

Legal tech news: catch up on all the latest headlines and stories

It’s been a big legal IT news week, catch up here on some of our biggest stories from the past few days.

Added by Caroline Hill on the 9th Apr 2018 No comments

New GlobalKYC data service to assist in asset freezing and recovery

Vortex Centrum Limited, publisher of World Money Laundering Report announces the launch of GlobalKYC.com, a new information service for banks, insurance companies, lawyers, accountants, government departments (including FIUs, prosecutors, asset recovery departments and sanctions-issuing departments) and commercial companies to identify assets that are subject to freezing order, order for seizure or confiscation orders as well as orders for the arrest of assets such as ships and aircraft.

Added by Charles Christian on the 5th Apr 2018 No comments

Exclusive: Calling lawyers – your chance to fly to Mars with Elon Musk and SpaceX

Legal IT Insider has just discovered the SpaceX commercial space flight business, headed by American serial tech entrepreneur Elon Musk, is recruiting for a lawyer to be part of the first crew to fly to Mars, as part of the company’s ambitious plans to establish a permanent colony on the Red Planet.

Added by Charles Christian on the 1st Apr 2018 2 comments

March Legal IT Insider out now – and free to read

It may almost be Easter but the world of legal technology does not stop for chocolate eggs and we’ve another packed issue of the monthly Legal IT Insider newsletter for you.

Added by Charles Christian on the 29th Mar 2018 No comments

Consilio and Advanced Discovery to merge under private equity acquirer GI Partners

We’ve talked a lot about consolidation in the eDiscovery sector but this is in a different league: GI Partners, a leading private investment firm, announced today (21 March) that it will acquire Consilio, a global leader in eDiscovery, document review, and legal consulting services, and Advanced Discovery (formerly Millnet in the UK), a global eDiscovery and risk management provider, and combine the two businesses.

Added by Caroline Hill on the 21st Mar 2018 No comments

Legal tech win in brief: Stora Enso selects ThoughtRiver

Global renewable materials company Stora Enso has selected ThoughtRiver’s contract analysis technology to run trials to pre-screen a wide range of sales agreements with the purpose of dramatically reducing the time it takes to review contracts.

Added by Caroline Hill on the 21st Mar 2018 No comments

KPMG UK to mine ‘data oil’ in M&A with Nuix alliance

With organisations increasingly recognising both the value and risks presented by data in M&A transactions, Big Four giant KPMG has extended its alliance with cybersecurity, risk and compliance provider Nuix, with the UK business now leveraging Nuix’s forensic technology within its M&A offering to drive cost savings and act as an “accelerator” in the M&A market.

Added by Caroline Hill on the 21st Mar 2018 No comments

Fieldfisher expands Condor with Integreon partnership

Just yesterday we opined that law firms are or ought to be looking at managed services partnerships to address their clients extraordinary Brexit and GDPR repapering needs and today (20 March) Fieldfisher and global alternative legal services provider Integreon have announced a partnership to expand Fieldfisher’s highly successful Condor Alternative Legal Solutions platform, providing greater depth, firepower and scalability to help its global clients meet their growing regulatory, compliance and budgetary pressures.

Added by Caroline Hill on the 20th Mar 2018 No comments

Managed services + integrated tech: What Thomson Reuters commercial contracts collaboration with eBrevia means

At the start of March Thomson Reuters announced that it has teamed up with leading machine-learning contract analytics platform eBrevia to help commercial enterprises tackle large and complex contract remediation projects, as complex global events such as GDPR and Brexit come to the fore. We caught up with Rebecca Thorkildsen, a global director for legal solutions within the TR legal managed service (LMS) division – which you’ll recall has evolved from Pangea3 legal outsourcing services – to find more about the appointment and the cradle to grave repapering service TR is offering commercial clients in tandem with Contract Express, in a noteworthy managed services + integrated tech offering.

Added by Caroline Hill on the 19th Mar 2018 No comments
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