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Startup Corner

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

Janders Dean: Meet Amy, our new AI administrative assistant

Janders Dean has this month begun using an artificial intelligence-based bot to liaise with its clients and contacts and schedule meetings. personal assistant Amy has since the start of October scheduled close to 20 external meetings for the legal industry management consultancy, ranging from meetings at the Janders Dean offices to partner sessions at its clients’ offices. Her interaction with clients follows a successful internal pilot that began in June.

Added by Caroline Hill on the 18th Oct 2016 2 comments

NextLaw Labs and Seedcamp select first two legal tech startups for investment

Having entered into partnership in June, Dentons’ innovation and tech investment arm Nextlaw Labs and Seedcamp have selected their first two early stage legal tech startups to back.

Added by Caroline Hill on the 17th Oct 2016 No comments

Simmons unveils first startups to benefit from FinTech fund

Simmons & Simmons has announced the names of the first startups to receive free support from its new FinTech Fund, which include blockchain invoicing provider Tallysticks.

Added by Caroline Hill on the 14th Oct 2016 No comments

Startup Corner: ComplyAdvantage raises $8.2m to expand machine learning compliance offering

ComplyAdvantage, which uses artificial intelligence and machine learning to help firms manage their compliance obligations, has raised $8.2 million in a Series A funding round led by Balderton Capital.
The funding will allow the 2014-founded, London-based RegTech firm to grow and increase product penetration across Europe and North America, as its New York office officially opens this week.

Added by Caroline Hill on the 14th Oct 2016 No comments

Get voting: Legal Geek launches LawTech startup map

Legal Geek has launched a LawTech startup interactive map, which maps over 50 UK startups categorised by sector, created in conjunction with Thomson Reuters.

Added by Caroline Hill on the 19th Sep 2016 4 comments

Startup corner in brief: Deftr

Not heard of Cambridge-headquartered legal tech startup Deftr yet? We think you will.

Added by Caroline Hill on the 2nd Sep 2016 No comments