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Strategic Technology Forum: Barclays to review tech capability as part of last panel review

Barclays will be scoring its law firms on their innovation and technology offering as part of its last ever panel review next month, with group general counsel Bob Hoyt actively involved in driving the bank’s strategy on legal technology.

Added by Caroline Hill on the 22nd Jun 2018 No comments

Seal Software raises $30m in growth capital and unveils global DocuSign partnership

In a huge vote of confidence in Seal Software’s technology, existing investor Toba Capital has extended its investment in the contract discovery provider by a further $30m as Seal unveils a global partnership with DocuSign in which Seal’s software will underpin a cradle-to-grave automated platform for agreements to be prepared, signed, enacted and managed.

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

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 No comments

Updated: 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 2 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 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 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 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 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 No comments

Weightmans partners with University of Liverpool and Kira on major decision engine

National law firm Weightmans has partnered with the University of Liverpool and software company Kira Systems to develop an artificial intelligence (AI) solution capable of extracting data to power a decision engine that will carry out legal reasoning. The solution can identify arguments for settling cases and speeds up decision making by combining the metadata extraction capabilities of Kira with a legal decision engine created jointly by experts at University of Liverpool and Weightmans.

Added by Caroline Hill on the 12th Jun 2018 No comments

Eigen Technologies raises £13m ($17.5m) Series A funding from Goldman and Temasek

Eigen Technologies, which automates the classification and extraction of data from documents for finance, law, and professional services firms, today (11 June) announced that it has completed a £13m ($17.5m) Series A funding round co-led by Goldman Sachs Principal Strategic Investments (PSI) and Temasek.

Added by Caroline Hill on the 11th Jun 2018 No comments

England’s top judge lashes out at ‘Science Museum’ grade court IT

England and Wales’ top judge has moaned that HM Courts and Tribunal Service’s (HMCTS) IT systems “more obviously belong in the Science Museum” than courtrooms across the land, The Register reports.

Added by Caroline Hill on the 11th Jun 2018 No comments

All the latest legal tech wins, deals, launches and moves

Catch up on all the latest legal tech news here with our Monday morning round up. Includes the latest wins, deals, moves or launches from SOS Connect; Eclipse Legal Systems; ayfie; NetDocuments; iManage; Tikit; BigHand; Thomson Reuters; Converge TS; Enable Business Solutions; Neota Logic; Epiq, Elevate, HighQ; QuisLex; Lockpath; DiscoverReady and more.

Added by Caroline Hill on the 11th Jun 2018 No comments

Osborne Clarke reports 15% UK revenue increase with tech highlighted as a key priority

Osborne Clarke has reported a 15% UK revenue increase and 14% internationally, as its cites investment in technology as a key strategic priority – including becoming the first EMEA firm to implement iManage with Microsoft Office 2016 and Windows.

Added by Caroline Hill on the 8th Jun 2018 No comments

Let’s talk about mental health: The MindCycle Tour

Rob Stephenson, the brother of our sales director Jeremy Stephenson, is a cyclist, a father, a husband, a son, a friend, a teammate, a coach, a chartered accountant and a successful entrepreneur.  He is also bipolar. In order to help end the stigma around mental ill-health in the workplace, he is raising money by riding the entire Tour de France route – on a smart trainer in offices across the UK. And he needs your help.

Added by Caroline Hill on the 7th Jun 2018 1 comment