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No surprise as Microsoft Office 365 commercial revenue jumps by 30%

Microsoft’s stock market value yesterday (25 April) briefly topped $1trillion driven by higher than expected cloud revenue growth. Office 365 commercial revenue was up by 30% as the Washington-headquartered tech giant continues to drive users towards cloud adoption.

Added by Caroline Hill on the 26th Apr 2019 at 10:16 am No comments

Deloitte Legal collaborates with UiPath as Bucharest touted to become low cost legal tech hub

Deloitte Legal has begun to collaborate with New York-headquartered robotic process automation provider UiPath out of its Bucharest-based Center of Excellence (CoE), which looks set to become a hub for Deloitte’s legal technology activity.

Added by Caroline Hill on the 25th Apr 2019 at 5:35 pm No comments

Glenlegal 2019: The advent of legaltech platforms and overhyped AI

Legaltech vendors have proliferated at a remarkable rate in recent years. Dan Katz, scientist, technologist and law professor at the Illinois Tech – Chicago Kent College of Law, likens the multitude of start-ups to “more than a thousand flowers blooming”.  But he says: “If I could collectively short these companies, then I would.”

Added by Tate Chennis Colbran on the 25th Apr 2019 at 7:00 am No comments

UnitedLex appoints unicorn boss Rodney Rogers as chairman

In a shot across the bows of its competitors, UnitedLex has appointed serial ‘unicorn’ entrepreneur Rodney Rogers as chairman of its board of directors. Rogers most recently led Virtustream, the enterprise-class cloud company he co-founded in 2009 that was acquired by EMC Corporation in 2015 for $1.2 billion.

Added by Caroline Hill on the 24th Apr 2019 at 4:26 pm No comments

Glenlegal 2019: Innovation and legal technology – better together?

Legal innovation teams have three primary objectives, Addleshaw Goddard’s head of innovation and legal technology Kerry Westland, who has recently made partner, told delegates at the 2019 Legal Leaders IT Forum. As set out by Michele DeStefano at the University of Miami in her paper on chief innovation officers, the first is to differentiate the firm, the second is to develop a culture of innovation and the third is to delight clients: Westland told delegates at the 2019 Legal Leaders IT Forum how her team deliver on those goals.

Added by Tate Chennis Colbran on the 24th Apr 2019 at 8:00 am No comments

Contract management: Conga launches AI Analyze

Having announced towards the end of 2018 that it will turn to a wide combination of AI technology to make document and contract automation more efficient, Conga today (23 April) announced the release of Conga AI Analyze to unlock business insights from digital documents and contracts.

Added by Caroline Hill on the 23rd Apr 2019 at 3:00 pm No comments

The 2019 LawWithoutWalls winners in full!

Congratulations to all of the winners of LawWithoutWalls, which took place before the Easter break, bringing together an impressive array of leading lawyers, business professionals, students and venture capitalists from around the world.

Added by Caroline Hill on the 23rd Apr 2019 at 12:25 pm No comments

Facebook appoints Jennifer Newstead as general counsel

In what is undoubtedly one of the toughest general counsel roles going at the moment, US Department of State legal adviser Jennifer Newstead is to join tech giant Facebook as general counsel, overseeing the company’s global legal functions.

Added by Caroline Hill on the 23rd Apr 2019 at 7:56 am No comments

Happy Easter – The next Orange Rag will come out on 1 May!

With half of our audience off for the school Easter holidays or long Easter bank holiday, we’re pushing back publishing the Orange Rag to 1 May. Here is the new editorial deadline.

Added by Caroline Hill on the 19th Apr 2019 at 8:17 am No comments

Comment: The eureka moment – revolutionising legal marketing with high-tech methods

Today, law firm leaders are well aware of the need to market their firm digitally, and some are ahead of the curve by using innovative methods like video and even ‘voice’ marketing. Deciding which methods work and which are a waste of money is crucial to your success, says Peter Carr from Propero Partners.

Added by Tate Chennis Colbran on the 18th Apr 2019 at 10:37 am No comments

A2J: Epoq launches free online drafting tool for South African NPOs

In positive A2J news from South Africa, Epoq Legal has launched JusDraft; a real-time, online legal document drafting tool designed for South African non-profit organisations who need to create court forms, contracts, wills and more without the need for an attorney.

Added by Legal IT Newswire Form on the 17th Apr 2019 at 4:35 pm No comments

“What differentiates this programme is our clients:” Slaughter and May talks Collaborate

Slaughter and May has launched a new legal tech programme, Slaughter and May Collaborate, bringing legal tech start-ups together with the London-headquartered firm clients to help shape future of legal technology.

Added by Caroline Hill on the 17th Apr 2019 at 8:00 am No comments

Manage your supply chain: White & Case says blockchain may be the answer

Blockchain technology provider Integra Ledger has announced it is working with White & Case to develop a proof-of-concept to streamline the time consuming process that is the exchange of environmental, sustainability and governance procurement questionnaires. We look at a similar fintech initiative and ask UCL vice dean for innovation, Dr Anna Donovan, for her take on the evolution and use cases for the technology in the legal sector.

Added by Caroline Hill on the 16th Apr 2019 at 5:13 pm No comments

LegalKEY swapout: US firm Buchanan Ingersoll signs up with LegalRM

In a significant US win for London-headquartered records management company LegalRM, Am Law 200 firm Buchanan Ingersoll & Rooney PC has joined its growing list of clients, underscoring a focus on the North American legal market.

Added by Caroline Hill on the 16th Apr 2019 at 2:10 pm 1 comment

Exclusive: Advanced increases legal forms stronghold with acquisition of Oyez Professional Services

Advanced has acquired Oyez Professional Services, increasing the UK software vendor’s stronghold on forms for the profession, Legal IT Insider has learnt. Advanced acquired rival company Laserform for £4.8m back in 2006.

Added by Caroline Hill on the 15th Apr 2019 at 2:39 pm No comments