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Industry commentator Ron Friedmann collaborated on a white paper with LOD (Lawyers on Demand) to look at law firm FOMO and whether they should (we’d add ‘blindly’) adopt more legal technology. “Beyond defining the problem you must recognize that technology alone rarely suffices to solve it. Process, culture, and incentive changes typically are required. The seven questions below can help you make sure you think about the problem properly,” he says.

Added by Caroline Hill on the 7th Dec 2018 at 10:32 am No comments

Richard Hodkinson joins Freeths as CTO

Richard Hodkinson joins Freeths as CTO Richard Hodkinson has joined Freeths as its first-ever chief technology officer, as the UK top 60 law firm engages in a transformation programme that will see it overhaul its […]

Added by Tate Chennis Colbran on the 6th Dec 2018 at 2:30 pm No comments

Elevate boosts its contract lifecycle management capability with acquisition of Sumati

Another week, it seems, another acquisition for Elevate, which today (5 December) announced the acquisition of Sumati Group, a leading provider of contract lifecycle management (CLM) managed services

Added by Caroline Hill on the 5th Dec 2018 at 4:27 pm No comments

Thomson Reuters reorg leads to eBillingHub office closure

eBillingHub’s main office in Pittsburgh is being shut down and the team made redundant as part of the ongoing wholesale restructure at Thomson Reuters, we can reveal. The closure is driven by a location strategy under which Thomson Reuters is cutting a third of its real estate in order to “reset” the organisation, following the $17bn sale of Thomson Reuters finance and risk division to Blackstone Group.

Added by Caroline Hill on the 5th Dec 2018 at 3:32 pm No comments

The final issue of the Legal IT Insider newsletter for 2018 is here – and it’s a whopper!

Grab a (large) cup of coffee and take some time out, it’s the final issue of 2018 and it’s a whopper. Phew, mince pie anyone?

Added by Charles Christian on the 5th Dec 2018 at 10:45 am No comments

Worth Reading… US Regulators warn that you may be disclosing information you may subsequently regret!

Our thanks to Nigel Morris-Cotterill for the heads-up on this story… Basically the US regulators are saying “you can use FinTech/RegTech if you want to, but you don’t have to and, if you do, it might tell us stuff you don’t want us to know.”

Added by Charles Christian on the 4th Dec 2018 at 6:40 pm No comments

HighQ combines Collaborate and Publisher in 5.0 launch

In a significant new release out today (4 December) that furthers HighQ’s strategy to be process-centric as opposed to just document-centric, HighQ 5.0 combines both workflow and process automation within a newly unified platform.

Added by Caroline Hill on the 4th Dec 2018 at 10:05 am No comments

Risk and Reward in Contract Analysis: Why AI is Not Enough

As corporations recognise that their data is much more than an impenetrable mass, rather a mineable source of insights that can yield BI and inform strategic decisions, they are driven to analyse it in a unified manner. In the contracts space, there has been a lot of chatter about AI and its ability to transform processes. While new tools will undeniably speed up and strengthen analysis, the technology is not a panacea, say FTI’s Ryan Drimalla.

Added by Caroline Hill on the 4th Dec 2018 at 7:20 am No comments

KPMG overtakes PWC in FTSE 100 audit market

Big news in accountancy land as KPMG overtakes PWC in terms of number of FTSE 100 audit clients. Although, unusually, we can’t quite get on board with Accountancy Age’s headline ‘KPMG soars past PWC’ given that PWC audits 27 FTSE 100 companies and KPMG..28.

Added by Caroline Hill on the 4th Dec 2018 at 7:15 am No comments

Microsoft says Peppermint has “shifted gears” with CRM online

Microsoft says that Peppermint Technology has “shifted gears” following the launch earlier this year of a Dynamics 365 public cloud customer relationship management system that is gaining the interest of Microsoft’s larger enterprise clients.

Added by Caroline Hill on the 3rd Dec 2018 at 1:53 pm No comments

Linklaters creates global Women in Tech working group

This just in from Linklaters and all way can say is allebloodylujah and welcome back Bruna Pellicci: Linklaters is driving diversification into technology and innovation roles within the firm, taking tangible steps to achieve equality and inclusion across all levels. Actions include a new global Women in Tech working group to focus efforts and a commitment to the Tech Talent Charter to share best practice and measure diversity across tech teams.

Added by Caroline Hill on the 3rd Dec 2018 at 9:56 am No comments

Quantum computers: the opportunity and cyber security threats for the legal profession

Secure Chorus Chairman Elisabetta Zaccaria (pictured) discusses how quantum computers will create huge innovation for the legal profession. But, with opportunities come information security threats, which means today’s encryption methods need to be upgraded with ‘quantum-safe’ equivalents.

Added by Tate Chennis Colbran on the 3rd Dec 2018 at 6:00 am No comments

Mike Lynch & VP for finance Stephen Chamberlain charged with fraud in US over sale of Autonomy

US criminal prosecutors have charged former Autonomy boss Mike Lynch with 14 counts of fraud relating to the $11bn sale of Autonomy to Hewlett-Packard in 2011, in the latest twist in a long running saga that also sees Lynch face a $5.1bn UK civil claim by HP next year: claims that he and his lawyers are strongly contesting.

Added by Caroline Hill on the 30th Nov 2018 at 2:17 pm No comments

The British Legal Awards 2018: The tech winners + pics

Congrats to the winners of the Technology Supplier of the Year and Best Use of Technology. Here are the winners plus a few pics of the night.

Added by Caroline Hill on the 30th Nov 2018 at 11:05 am No comments

LexisNexis launches well-trailed judge and expert witness analytics solution Context

We’ve given you plenty of notice that this is coming and today (29 November) LexisNexis Legal & Professional formally launches Context, which delivers insights on judges and expert witnesses to help attorneys best prepare, present and argue their case.

Added by Caroline Hill on the 29th Nov 2018 at 1:28 pm No comments