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CLOC’s CEO Connie Brenton resigns

In a shock departure from legal operations powerhouse CLOC (Corporate Legal Operations Consortium) founder Connie Brenton has resigned alongside board member Jeff Franke. The resignation comes just three weeks ahead of CLOC’s 2019 London Institute, which last year was chaired by Brenton. You can read the letter announcing her departure here in full.

Added by Caroline Hill on the 4th Jan 2019 No comments

The legal tech market: 2018 and beyond

Crikey, what a year it’s been. A year of some progress and a lot of nonsense, 2018 can be summarised as a time when expectation far outpaced reality in legal tech land. The buzz around AI has meant that many law firms have bought solutions that they, particularly their partners, believe will be a panacea for all of their problems, and have inevitably been disappointed.

Added by Tate Chennis Colbran on the 24th Dec 2018 No comments

Taking stock: 12 IT leaders tell us about their achievements, challenges and priorities for the year ahead

As 2019 approaches, 12 technology and innovation leaders from firms including Herbert Smith Freehills, Eversheds Sutherland, Linklaters and Taylor Wessing tell us about their biggest achievements, challenges and priorities for the year ahead.

Added by Tate Chennis Colbran on the 24th Dec 2018 No comments

Blog of the Week: The Founder’s Guide to Understanding Investors

“As Justin Kan’s Chief of Staff, I am actively involved in operating Atrium and investing in early-stage startups. Founders ask me many questions, but there’s one they ask me more often than any other: ‘how do investors evaluate startups?'” By Anuj Abrol, chief of staff to Justin Kan at Atrium – our thanks to Anuj for allowing us to reproduce his excellent blog in full below.

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

Christmas countdown office dog blog finalists!

Well done to our Christmas countdown dog blog finalists! We will pick the winner during our office Christmas lunch today (21 December) and announce the result over LinkedIn and Twitter. Keep an eye out because thanks to our commercial director Jeremy Hill, we are all going to lunch dressed as characters from The Greatest Showman.

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

DFIN who? NYSE-listed risk and compliance giant acquires eBrevia (and what that means)

When DFIN this week announced they had acquired AI-backed contract analytics platform eBrevia for $19.5m, I must admit that my first question was, who the hell are DFIN? My second was, what does this mean for eBrevia’s clients? Well, heads up, after speaking to DFIN, I like what I hear and so, apparently, do eBrevia’s clients.

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

UK Top 50 Law firm IT profile: Weightmans’ IT strategy, investment and core systems

At Legal IT Insider we are profiling the UK top 200 legal IT teams – from key people, to size, to core systems and strategic priorities – bringing to life much of the information contained in our UK Top 200 chart and extending it. In our second profile we are excited to bring you everything you need to know about Weightmans, where investment in IT was an impressive 6% of revenue in 2017. Our thanks to the Weightmans team for helping us.

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

Law Society BD director Simon Drane launches tech strategy consultancy

The Law Society’s executive director of business development, Simon Drane has left the organisation and set up his own consultancy, with the plan to advise startups, established tech companies, professional services organisations and investors on the creation of product strategies that drive commercial growth.

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

GCs from Siemens, Barclays, Shell, Vodafone and more talk transformation: A catch up from SOLID

One of the best conferences I’ve been to this year was David Cowen’s Ted Talk style summit SOLID in London at the start of November, which I fully intended to write about immediately afterwards, but time has gleefully run away from me sticking two fingers up in the process. With talks from GCs at Siemens, Shell, Barclays and more, here are the highlights.

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

Exclusive: National Grid’s legal ops head launches opensource knowledge portal

National Grid’s global head of legal operations Mo Ajaz has launched an opensource network for heads of legal and the wider legal ecosystem to share learning on the business of law, which he describes as the Mumsnet for lawyers.

Added by Tate Chennis Colbran on the 18th Dec 2018 No comments

Porsche arranges acquisition finance loan on BBVA blockchain

Thanks to Derek Southall, founder of Hyperscale Group, for flagging this example of blockchain being put into meaningful practice.

Added by Caroline Hill on the 17th Dec 2018 2 comments

It’s Time for Better BI: Five Core Features

Business Intelligence (BI) surfaced as a solution to strategic blind spots; however, these trends make evident BI is not enough. BI solutions are engineered to pull data from existing source systems—but our source systems were built for a different era, one pre-dating the era where every client arrangement is unique and complex, for instance. Brian Taaffe from Prosperoware explains that what is needed is BI that captures and engineers structure around the data that we don’t have but that’s required of this new era in the business of law.

Added by Caroline Hill on the 17th Dec 2018 No comments

Friday Christmas countdown: The office dog blog competition, erm, heats up

Never mind conversations about how tech will help the legal services industry remain at the top of its game internationally or whether the new ‘legal tech app’ Reynen Court is the real deal, this is where it’s at: our festive office dog blog, in which legal pooches vie for the top spot and a bottle of champers for their owner.

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

NRF meets client demand with new legal ops grad scheme

“In the face of a skills shortage, we have made the decision to mould these people ourselves”: Norton Rose Fulbright commercial director David Carter talks to Legal IT Insider about the firm’s new business and legal operations grad scheme.

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

Trending: Reynen Court closes Series A with investment from Clifford Chance and Latham

Whoa, this just in from Reynen Court, which we previously dubbed ‘the legal tech app store’ and now has completed its Series A investment with participation from Clifford Chance and Latham & Watkins:

Added by Caroline Hill on the 13th Dec 2018 2 comments