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Startup Corner

Something for the legal IT weekend: “Hey client, if I were bad at my job you’d have spent more”

As we slide into the weekend, here’s a quote to provide food for thought about using technology to win business in eDiscovery!

Added by Caroline Hill on the 2nd Aug 2019 No comments

“Stem the bleed”: Juro launches contract reader to digitise legacy contracts

In a major new release for Juro, its contract collaboration platform can now read uploaded PDF contracts in order to extract and store key data within the platform.

Added by Caroline Hill on the 31st Jul 2019 No comments

HFW enters partnership with Solomonic to enhance court predictions

Global disputes law firm HFW has announced a development partnership with litigation analytics start-up Solomonic to “combine Solomonic’s data with our experience and expertise as litigators.”

Added by Caroline Hill on the 25th Jul 2019 No comments

“This is still a nascent stage in legal”: ContractPodAi secures $55m Series B investment

ContractPodAi has secured a $55 million Series B investment round led by Insight Venture Partners with participation from the company’s Series A backer, Eagle Proprietary Investments. The $55m investment represents Europe’s largest legaltech Series B fundraise (and, apparently, the largest Series B round for any CLM provider globally.) We speak to co-founder and CEO Sarvarth Misra about the investment.

Added by Caroline Hill on the 17th Jul 2019 No comments

Solomonic talks data

Litigation data and analytics startup Solomonic was recently rolled out by Herbert Smith Freehills across its UK disputes team and they are working closely with Stewarts Law. Don’t know much about Solomonic yet? You do now.

Added by Caroline Hill on the 20th Mar 2019 No comments

Comment: The transformational effect of small changes

Digital transformation – nothing short of “harnessing the power of digital technology to rethink every aspect of the organisation” (according to McKinsey) – is the hottest of hot topics, says Autto’s co-founder Max Cole. Recently, the government launched a grant competition – Transforming Accountancy, Insurance and Legal Services (TAILS) – aimed at digital transformation in the professional services arena, and Autto was one of the winners. But adopting technology without fully and clearly understanding what it is going to solve is a hiding to nothing, he says.

Added by Tate Chennis Colbran on the 18th Mar 2019 No comments

Harvard Business School makes a case study out of Lexoo

Harvard Business School has made a rare new case study out of online legal marketplace Lexoo for its MBA program, in which students pore over the real life business decisions made by Lexoo co-founders Daniel Van Binsbergen and Chris O’Sullivan as the basis of discussion in its Managing Service Operations (MSO) course.

Added by Tate Chennis Colbran on the 14th Mar 2019 No comments

It’s official: 40% of AI startups don’t use AI

As CIOs from the world’s biggest law firms heatedly debated the legitimacy of artificial intelligence for delivering legal solutions at the 2019 #GlenLegal19 Legal Leaders IT Forum this week, a new report confirmed that four […]

Added by Caroline Hill on the 6th Mar 2019 No comments

Wilson Sonsini launches legaltech start-up SixFifty: We speak to MP Doug Clark and SixFifty head Kimball Parker

Silicon Valley-based technology specialist Wilson Sonsini Goodrich & Rosati has launched legaltech start-up SixFifty. The company’s first product will tackle new consumer data privacy regulation, the California Consumer Protection Act, which comes into force in 2020. The product will go live this Spring. Amy Carroll spoke to Wilson Sonsini’s managing partner Doug Clark and SixFifty president Kimball Parker.

Added by Caroline Hill on the 5th Feb 2019 No comments

Legaltech win: Nauta selects Aderant Expert

After what is described as “a solid and detailed process”, Benelux-based international law firm NautaDutilh has swapped out its in-house AS/400 PMS with Aderant Expert.

Added by Caroline Hill on the 31st Jan 2019 No comments

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

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