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“Are there more acquisitions on the cards? Yes”: Elevate buys LexPredict

Elevate has expanded its AI and data science capabilities with the acquisition of enterprise and technology firm LexPredict. The move is the legal company’s latest deal since it received a round of debt financing from Morgan Stanley in April. More acquisitions are expected to close imminently. We speak to Elevate’s president John Croft about the acquisition and road map.

Added by Caroline Hill on the 16th Nov 2018 No comments

Orrick launches global legal tech venture fund

Orrick is the latest law firm to launch a corporate venture fund, from which it says it will make investments in promising legal tech companies globally.

Added by Caroline Hill on the 15th Nov 2018 No comments

Legal tech deal: Elevate Acquires LexPredict

After securing growth financing this Spring, Elevate today (14 November) announced the acquisition of enterprise consulting and technology firm LexPredict, in a move that combines Elevate’s legal services offering with LexPredict’s data science team and contract analytics software.

Added by Caroline Hill on the 14th Nov 2018 No comments

Aderant Handshake wins: Wiggin, Sacker & DMH Stallard join Blank Rome and four more

Leading UK media, technology and IP firm Wiggin has today (13 November) signed on the dotted line with Aderant Handshake’s knowledge management solution, we can reveal, joining seven other new law firms wins including Sackers and DMH Stallard in the UK, and US top 100 firm Blank Rome.

Added by Caroline Hill on the 13th Nov 2018 No comments

Chapman and Cutler: Sale of Closing Room to NetDocuments could just be the start

Chapman and Cutler’s sale of deal management application Closing Room to NetDocuments is a rare example of a law firm selling technology to a legal tech vendor. But practice innovations and technology partner Eric Wood, the mastermind behind the app, believes that this is a model with potential as the firm eyes the possibility of developing its role as a software enterprise.

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

Legal IT Latest: All the wins, deals, launches and acquisitions you need to know about, in brief

Catch up on all our latest stories and comments in brief as well as wins and deals for DocsCorp, HighQ, Zylpha and Lexsoft, which has been selected by Womble Bond Dickinson for its knowledge management solution T3.

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

“If I brought my guys another deal right now they would probably hang me”: Consilio’s CEO talks integration and opportunity

Amy Carroll gets the inside story on consolidation in the eDiscovery space from Consilio’s CEO Andy Macdonald, following Consilio’s long awaited acquisition of DiscoverReady.

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

“Our partners were our guinea pigs”: Eversheds Sutherland launches crowdsourcing ideas app

Eversheds Sutherland has become the latest law firm to embrace crowdsourcing for ideas, rolling out innovation platform IdeaDrop across its 66 offices in 32 countries. IdeaDrop is a mobile and web app developed to help capture and curate ideas from employees.

Added by Caroline Hill on the 8th Nov 2018 1 comment

Trending… NetDocuments acquires deal management application Closing Room

With its ndElevate customer and partner user conference in Utah well underway, NetDocuments has announced the acquisition of Closing Room, a deal management application developed by Chapman and Cutler to streamline transactional closing processes.

Added by Caroline Hill on the 8th Nov 2018 2 comments

Up and running: Adidas Global Legal Solutions

One of the highlights of October was attending Eversheds Sutherland’s inhouse legal 4.0 event, where the UK top 20 firm brought together a number of senior in-house counsel to discuss their technology challenges and achievements. Katherine Roseveare, EMEA GC of Adidas’ global legal team told a packed room about the creation of Global Legal Solutions – a three-strong team also led by Roseveare that was formed to take charge of legal technology, spend, knowledge and communication. Find out more here.

Added by Caroline Hill on the 7th Nov 2018 No comments

Obelisk launches mobile time recording app

Flexible legal resource provider Obelisk Legal Support Solutions has built and launched a cloud-based time recording app for its employees to record their time on the go. The app, which is for both iOS and Android, means that time is being recorded much quicker and provides Obelisk’s management with better visibility over how time is being spent.

Added by Caroline Hill on the 6th Nov 2018 No comments

“A boost for AI”: Harvard Law School puts 6.5m cases online

Litigation analytics just got even more interesting in the US, after the Library Innovation Lab at the Harvard Law School Library last week officially launched its Caselaw Access Project API, which puts the full corpus of published US case law online in order to help developers build tools to analyse the findings. Amy Carroll speaks to lecturer and senior developer Jack Cushman.

Added by Caroline Hill on the 5th Nov 2018 No comments

Legal IT Latest: Wins, deals, listings, launches, hires and new products

In a big win for Litera Microsystems, Allen & Overy has chosen to implement Change-Pro Premier and Metadact for its firm-wide document comparison and metadata management. We bring you all the latest wins, deals, hires and launches in brief.

Added by Caroline Hill on the 5th Nov 2018 No comments

Mirroring clients: Why Herbert Smith Freehills has launched a legal operations function

Herbert Smith Freehills has launched a global legal operations function, bringing together the firm’s legal project management, pricing, legal process improvement, innovation and automation teams in a single division. The new unit will work to better deploy technology and innovation to provide more effective and efficient services to clients. Amy Carroll speaks to the head of the team, Ian Gilbert.

Added by Caroline Hill on the 2nd Nov 2018 1 comment

Legal Upheaval: A conversation with law professor and author Michele DeStefano

Industry analyst Ari Kaplan spoke with Michele DeStefano, a professor of law at the University of Miami School of law, the founder and executive director of innovation think tank LawWithoutWalls, and author of Legal Upheaval: A Guide to Creativity, Collaboration and Innovation.

Added by Caroline Hill on the 1st Nov 2018 No comments