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Startup Corner

Startup corner: MyDocSafe

A legal and accountancy tech startup that incorporates facial recognition and blockchain technology within its client and new employee onboarding platform officially launched in February.
MyDocSafe, the brainchild of director and cofounder Daniel Stachowiak, provides a secure workflow to help firms set up client sign-up forms, conduct know your customer checks, complete direct debit mandates, and sign agreements electronically.

Added by Caroline Hill on the 1st Mar 2017 No comments

The February issue of the Legal IT Insider is out now – and it’s our 300th edition!

Top stories include: CLOC to open Euro chapter – big news for inhouse legal teams & their tech vendors + Peppermint has a bout of growing pains + the Insider launches legal tech startup initiative – who’s hot & who’s not?

Added by Charles Christian on the 22nd Feb 2017 1 comment

Mishcon launches tech incubator programme for startups

Mishcon de Reya has today (18 January) launched a technology incubator programme – MDR LAB – for tech startups, that will see the UK top 35 law firm welcome a number of startups into the business for a ten week period in summer 2017.

Added by Caroline Hill on the 18th Jan 2017 No comments

Startup corner: Juro raises £615k for AI contract workflow tool

London-based legal tech startup Juro has raised $750k (£615k) in seed funding for its AI-enabled workflow tool for legal contracts. The round included contributions from Berlin-based Point Nine Capital and London-based Seedcamp.

Added by Caroline Hill on the 17th Jan 2017 No comments

Startup corner: Next gen document analysis startup TagDox steps out of beta

Next generation document analysis startup TagDox officially steps out of beta today (16 January) after a whirlwind three months that has seen Tony Angel, former Linklaters managing partner and senior partner and global chairman of DLA Piper join its advisory board.

Added by Caroline Hill on the 16th Jan 2017 No comments

Route1 to donate job referral fee to charity

Disruptive online legal recruitment marketplace Route1, which since it was founded in 2015 has won over 100 legal employers in the UK and Australia including Linklaters, Clifford Chance, Shearman & Sterling, Herbert Smith Freehills and DLA Piper, has launched a new initiative that will see it give a donation to charity instead of rewarding lawyers who refer colleagues and friends to a successful job application.

Added by Caroline Hill on the 12th Jan 2017 1 comment

Wait… a UK government minister goes all the way to Tel Aviv to praise the Israeli legal tech startup scene?

Earlier this week the UK Minister of State for Digital & Culture Matt Hancock, said Israel was ripe for creating disruption in the global law profession at an inaugural legal tech event held in Tel Aviv. Well good news for LawGeex but hello minister, shouldn’t you be promoting the UK legal tech startup scene?

Added by Charles Christian on the 23rd Dec 2016 No comments

The December issue of the Legal IT Insider newsletter is out now

The latest issue of the Legal IT Insider newsletter is out now – read it here free – we’re loving this quote by Daniel Pollick of DLA Piper “2016 was the year Legal AI went from bleeding edge novelty to me-too mimicry but without a clear direction.”

Added by Charles Christian on the 13th Dec 2016 No comments

Updated: Linklaters sets up global innovation committee to act as focal point for new tech

Linklaters has set up a global innovation committee comprised of partners and business service leaders from across the firm, designed to act as a focal point and platform for new technologies and ideas.

Added by Caroline Hill on the 8th Dec 2016 2 comments

Startup Corner: PandaDoc – who, why, what, where, how?

Headquartered in Silicon Valley, PandaDoc is a web-based contract automation and transaction management platform. Described as ‘a one-stop-shop to going paperless’, it merges dealroom capability with document tracking and analytics, and offers its own proprietary e-signature capability. While its legal clients are very much in the minority, they are growing. We find out more.

Added by Caroline Hill on the 23rd Nov 2016 No comments

The October-November issue of the Legal IT Insider newsletter is out now – read it here free!

Welcome to the latest issue of the Legal IT Insider newsletter – October/November 2016 #297 – TOP STORIES INCLUDE:
• Law firms courting FinTech startups – Slaughter and May + Addleshaw Goddard already in – who’s next – and for how much?
• So sad about hacking: Pessimistic cybersecurity – a necessary evil? The Insider talks to Mike Lynch + Howard Russell + Marcel Henri + Dan Carmel
• Neota Logic partners with Clifford Chance + BLP offering bespoke document automation + RPC providing in-house litigation support
• NetDocuments & iManage continue to duke it out in the DMS market as more firms abandon OpenText & SharePoint sinking ships + Have we seen the high-tide of InterAction in the CRM sector as OnePlace wins another deal + momentum building for Elite 3E as firms switch from TRE Enterprise & Envision

Added by Charles Christian on the 9th Nov 2016 No comments

Australia: Corrs becomes the latest firm to invest in a startup with Beagle JV

Joint ventures between law firms and startups are still far from common (in fact, we’d go as far as to say still rare) but in Australia, Corrs Chambers Westgarth has become the latest local firm to invest in a startup, in an alliance with Canadian AI contract review specialists Beagle.

Added by Caroline Hill on the 26th Oct 2016 No comments

Startup Corner: Disruption ahead as Route1 aims to become the Tinder of the legal recruitment scene

Henry Allan, Founder and CEO of Route1, commented: “We believe that setting our fee rates at this level will help to rebase expectations in the industry and bring an end to high pressure cold-calling by recruiters, serving to put more control back in the hands of employers and candidates.”

Added by Charles Christian on the 24th Oct 2016 No comments

Bird & Bird and City AM unveil Digital Innovators 2016 Power List

Bird & Bird has today (21 October) unveiled its Digital Innovators Power List, which celebrates some of the most visionary digital companies in and around London and includes cybersecurity firms ComplyAdvantage and Darktrace.

Added by Caroline Hill on the 21st Oct 2016 No comments

Law Made to raise $20m startup investment fund

Law Made is to raise a US$20m early stage startup investment fund as its founders add ‘venture capital’ to the portfolio of services they offer new and emerging legal businesses.
The Toronto-headquartered legal innovation pop-up, set up by ‘chief legal provocateur’ Jason Moyse and ‘chief innovation operative’ Aron Solomon, co-founders of MaRS Discovery District’s LegalX Cluster, first publicly announced the intention to raise the fund at yesterday’s (18 October) Legal Geek startup conference in London.

Added by Caroline Hill on the 19th Oct 2016 No comments