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Shawn Curran joins Travers as head of legal technology

Freshfields Bruckhaus Deringer’s innovation consultant Shawn Curran is to join Travers Smith today, 11 March, as head of legal technology, rejoining Oliver Bethell, who left Freshfields last year to take over as chief technology officer at the UK top 40 law firm.

Added by Caroline Hill on the 11th Mar 2019 No comments

#IWD19: We catch up with six women in legaltech to talk gender diversity

On International Women’s Day we speak to six women across the legal tech industry about how far the sector has come, or not come, in terms of gender diversity, what the biggest challenges are, and why diversity matters.

Added by Caroline Hill on the 8th Mar 2019 No comments

Inhouse Legal: Spend management a priority but not spend management tech – No change there then!

“A very interesting finding was that although reducing legal spend is the second priority of those surveyed, and that most law firm service issues are billing related, less than half of legal departments are using spend management software.”

Added by Charles Christian on the 8th 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

#GlenLegal19: Why legaltech makes sense for private equity

A sense of community, the opportunity to drive productivity and a huge new wave of tech solutions, make legaltech an exciting space for private equity investors, Hector Guinness of HgCapital, which has investments in Mitratech and German legaltech company STP, told a packed room of CIOs at the Legal Leaders IT Forum, in his after dinner speech.

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

LOD selects Eigen Technologies

In a highly significant win for Eigen Technologies, LOD (Lawyers On Demand) is to deploy the London-founded company’s natural language processing (NLP) technology to automate the analysis of its clients’ legal documents as part of a new LOD client offering called Designed Solutions.

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

Tessian raises $42m led by Sequoia

Unusually described by one UK top 50 CIO we chatted with recently as a “dream product”, Tessian has raised $42m in a Series B funding round led by Sequoia – famously one of the first investors in Apple – to accelerate its expansion in the US and other global markets.

Added by Caroline Hill on the 1st Mar 2019 No comments

The February Legal IT Insider Newsletter – issue #320 – is out now – 30 glorious pages

The latest issue of the Orange Rag is out now – issues #320 for February – 30 pages of essential reading for anyone seriously interested in legal technology and ediscovery news, comment and opinion.

Added by Charles Christian on the 27th Feb 2019 No comments

Well hello, Project X!

“Game-changing” is an overused term wheeled out by copy writers when they run out of different ways to say “new”, but in the case of Thomson Reuters’ legal workflow solution “Project X” – which today (27 February) finally sees the light of day after three years in development and is on the front page of the Orange Rag – that term is justified. ‘Panoramic’, as we now know the worst kept secret under the sun is called, has been designed to meet law firms’ complex needs on pricing; cost and process; project management; and knowledge and data. We have all the details.

Added by Caroline Hill on the 27th Feb 2019 2 comments

A&O injects further sum into Nivaura as part of $20m seed funding round

Allen & Overy has made a further investment in Nivaura as part of a strategic seed funding round in which the fintech startup has raised $20m from investors including The London Stock Exchange.

Added by Caroline Hill on the 27th Feb 2019 No comments

Orion Law Management to launch Orion 5 at ABA TECHSHOW in Chicago

In keeping with the recent rash of practice management announcements, veteran PMS provider Orion Law Management Systems will officially launch Orion 5 at the ABA TECHSHOW in Chicago tomorrow (27 February, booth#731).  Orion 5 is said to mark a significant leap forward for Orion’s technology, including hundreds of new features and improvements to both Orion desktop and iOrion mobile platforms.

Added by Tate Chennis Colbran on the 26th Feb 2019 No comments

Legal tech win: Bech-Bruun selects DocsCorp contentCrawler to strengthen GDPR compliance strategy

Bech-Bruun, one of Denmark’s “Big Four” firms, has made DocsCorp contentCrawler, an OCR processing solution, a key component of its GDPR compliance strategy.

Added by Caroline Hill on the 26th Feb 2019 No comments

Trending – Business Drivers for Document Management: The Information Governance Mandate

To comply with the data side of outside counsel guidelines, firms must have a clear information governance strategy, for which the firm’s document management system is the foundational system. It’s time to prioritise adoption, starting with removing the blinders, says Prosperoware’s founder and CEO Keith Lipman.

Added by Caroline Hill on the 26th Feb 2019 1 comment

Global Legal Hackathon 2019: Freshfields team wins London leg with T&Cs app

Congratulations to Clausana, which yesterday (Sunday 24 February) won the London leg of the Global Legal Hackathon 2019 and will be entered into the virtual semi-finals in March. The Freshfields Bruckhaus Deringer team, which was one of eight to compete in the intense two-day challenge, created a terms and conditions app that enables consumers to identify where the T&Cs deviate from their expectations and build a profile of the digital services they consume.

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

Blockchain: Separating the fact and fiction

When it comes to the business of law and the technology that law firms rely on to operate, blockchain has until very recently been of limited relevance, with CIOs and their teams only interested at the very fringes – the majority will tell you off the bat that blockchain is massively overhyped, and to a great extent they are right. But in contrast with the fact that blockchain in 2018 officially entered the trough of disillusionment (according to Gartner), there are several very good practical reasons why in 2019 it should be on everyone’s radar.

Added by Tate Chennis Colbran on the 21st Feb 2019 No comments