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“We have big aspirations”: Obelisk hires former Huntswood CEO as chairman

Obelisk Legal Support Solutions has hired former Huntswood CEO and corporate finance veteran Mark Humphries as its chairman, we can reveal, as the already fast-growing alternative legal services provider looks to scale up its offering and capitalise on the trend towards flexible working.

Added by Caroline Hill on the 5th Apr 2019 at 7:54 am No comments

South Africa legal tech win: Bowmans selects Contract Express

Bowmans has become one of the first South African law firms to acquire document automation tool Thomson Reuters Contract Express as part of a wider drive to embrace legal technology and legal process improvement, which has been hindered in the jurisdiction by the weakness of the rand.

Added by Caroline Hill on the 4th Apr 2019 at 2:51 pm No comments

Diversity: Hiscox to include D&I targets in its law firm RFPs

London Stock Exchange-listed insurance provider Hiscox is to put diversity and inclusion (D&I) criteria into its law firm RFPs next year, led by group head of claims supplier management Andrew Sellers.

Added by Caroline Hill on the 4th Apr 2019 at 7:37 am No comments

And it’s official: EY to buy Legal Managed Services from Thomson Reuters

We called it earlier and would encourage you to read our in-depth analysis as to why Thomson Reuters is selling its Legal Managed Services business to EY but this release below now confirms an agreement has been reached, with the transaction expected to close in the second quarter of 2019.

Added by Caroline Hill on the 3rd Apr 2019 at 9:46 pm No comments

EY in talks to acquire Thomson Reuters Legal Managed Services: What we know

Insiders are officially staying tight-lipped over whether EY is in talks to acquire Thomson Reuters legal managed services division, but we understand from a credible source that is indeed the case, as Thomson Reuters’ regroups and focuses its efforts on its content and technology offerings.

Added by Caroline Hill on the 3rd Apr 2019 at 1:00 pm No comments

Legal IT Win: Cirio selects Workshare Transact

Cirio, one of Sweden’s leading business law firms, has implemented Workshare Transact for their online transaction management, we can reveal.

Added by Caroline Hill on the 3rd Apr 2019 at 10:01 am No comments

Am Law 100 firm Ballard Spahr selects InOutsource and Qlik data analytics platform

InOutsource, a global legal consulting firm, today (2 April) announced a services engagement with Ballard Spahr LLP that delivers business insights through data analytics. Ballard Spahr—an Am Law 100 firm with more than 650 lawyers in 15 U.S. offices—selected the Qlik Sense Enterprise business intelligence platform for data visualization, analytics, and reporting.

Added by Caroline Hill on the 2nd Apr 2019 at 6:59 pm No comments

Will DWF kickstart a new wave of IPOs?

After an initial flurry of interest in the public markets following the IPO of uber-acquisitive Slater & Gordon, way back in 2007, law firm listings have been few and far between.  A handful – Gately, Keystone, Gordon Dadds and Knights – are trading on AIM.  But no firm has taken the plunge on the main market.  Until now. We ask investors if there is likely to be a wave of IPOs to free up the kind of capital DWF now has to invest.

Added by Caroline Hill on the 2nd Apr 2019 at 8:36 am No comments

Six new BigLaw firms sign up to Reynen Court

In a model that will ultimately succeed or fail on the number of law firms backing it, six more leading law firms have joined Reynen Court to support the development and launch of its services automation platform.  The six new members are Cleary Gottlieb; Davis Polk & Wardwell; Debevoise & Plimpton; Simpson Thacher & Bartlett; Slaughter and May and Weil Gotshal & Manges.

Added by Caroline Hill on the 1st Apr 2019 at 2:32 pm No comments

Thirsk Winton selects Linetime’s PMS

North West London firm Thirsk Winton has selected Linetime’s Liberate solution as its firm wide practice management system. Headquartered in Woodford Green with another office in Mayfair, Thirsk Winton provides a range of commercial and private client services with a focus on property related work.

Added by Legal IT Newswire Form on the 1st Apr 2019 at 12:25 pm No comments

Breaking news: Intapp acquires ERM provider gwabbit

Intapp has acquired Introhive competitor gwabbit, a West Coast-headquartered enterprise relationship management solution that captures and updates data from emails.

Added by Caroline Hill on the 1st Apr 2019 at 11:48 am No comments

#GlenLegal19: Finding the right model for tech innovation

When Daniel Pollick joined DWF from DLA Piper last year, he had concerns about how he would work with the firm’s innovation arm, DWF Ventures. “I thought it was going to be like the worst kind of shadow IT,” he told delegates at the #GlenLegal19 Legal Leaders IT Forum. In fact, as he and DWF Ventures managing director Jonathan Patterson revealed, it’s very different.

Added by Tate Chennis Colbran on the 1st Apr 2019 at 9:37 am No comments

Seal Software’s $15m injection from DocuSign: The analysis

DocuSign’s $15m investment in Seal Software is an immediately obvious move that will help DocuSign continue to build out its intelligent agreement framework and will open doors and relationships to Seal during a stage of its growth where it continues to burn through cash. Here’s our in-depth take on the investment and strategy.

Added by Caroline Hill on the 29th Mar 2019 at 8:05 am No comments

Allen & Overy introduces Fuse cohort 3

Allen & Overy has announced the new cohort members to enter Fuse, their collaborative tech innovation space. Four of the last cohort will remain in situ.

Added by Tate Chennis Colbran on the 28th Mar 2019 at 1:10 pm No comments

DocuSign invests $15m in Seal Software

In a significant deepening of DocuSign’s global partnership with Seal Software, the San Francisco-headquartered company has injected $15m – Seal’s first corporate investment. As of its last company accounts Seal was majority owned by Toba Capital, which in June 2018 extended its investment in Seal by a further $30m. It is not yet known if the $15m is primary or secondary investment to buy out some of Toba’s share.

Added by Caroline Hill on the 28th Mar 2019 at 1:00 pm No comments