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Tech and innovation leads are increasingly making partner – and women are leading the charge

This week Shruti Ajitsaria, head of Allen & Overy’s innovation hub Fuse, was promoted to partner. She is believed to be the first lawyer focused exclusively on innovation to be made up. In the same week, former transaction services paralegal Kerry Westland, now head of innovation and legal technology at Addleshaw Goddard, was also made partner. Ajitsaria and Westland are amongst a growing number of legaltechleads to be invited to the top table, which has traditionally been reserved for practising lawyers.

Added by Caroline Hill on the 12th Apr 2019 at 12:13 pm No comments

Shangai consultancy STG launches ‘pay as you go’ compare tool powered by Workshare

Shanghai-based software consultancy Smart Team Global has launched a Microsoft Azure-hosted comparison tool Matteroom Compare powered by Workshare.

Added by Caroline Hill on the 12th Apr 2019 at 8:20 am No comments

Muckle invests in suite of BigHand products

As BigHand continues its strategic drive to be at the front and centre of the back-office legal support function, Newcastle law firm Muckle has invested in a suite of BigHand solutions, including task delegation tool BigHand Now.

Added by Caroline Hill on the 11th Apr 2019 at 9:17 am No comments

UK v US: YouGov Intapp poll surveys lawyer attitudes to technology

Almost half of UK lawyers and a third of US lawyer feel that the technology they use every day doesn’t fully meet their needs, with UK lawyers also very likely to say that their firm needs to invest more in technology, according to a recent YouGov poll conducted by Intapp.

Added by Caroline Hill on the 10th Apr 2019 at 7:54 am 1 comment

Trending: Has EY Law bitten off more than it can chew in Pangea3? Quite possibly

When Thomson Reuters decided to offload its global legal managed services company, I like to think that the conversation went something like this: TR: “Hey EY, wassup, you wanna buy Pangea3? Yeh, you might have heard we’re having a little restructure…” Just because this is EY should we naturally assume that its acquisition was part of some pre-ordained world legal domination plan that is falling nicely into place? Probably not, says editor Caroline Hill.

Added by Caroline Hill on the 9th Apr 2019 at 1:38 pm 1 comment

Trending: iManage RAVN appoints “supremo” Alex Smith as global product management lead

LinkedIn has appropriately been going a bit mad today with the news that Reed Smith’s innovation hub manager and social media nethead Alex Smith is to join iManage RAVN to drive the vision and roadmap for the product from the client and market perspectives. He will be based in the company’s London office.

Added by Tate Chennis Colbran on the 8th Apr 2019 at 5:33 pm 3 comments

Trending: Lexis launches InterAction for Office 365!

In what is described as a “really important but initial step”, legal CRM market leader LexisNexis InterAction today (8 April) launched InterAction for Office 365 after an 18-month development project that has involved the entire InterAction team from product management to development and engagement with over 150 law firms globally.

Added by Caroline Hill on the 8th Apr 2019 at 11:54 am 8 comments

Fused: Allen & Overy launches client derivatives app after Neota collaboration

Allen & Overy has released a new application built in the Neota Logic platform to help a swathe of financial institutions work out if they are affected by the final phases of onerous changes to over the counter (OTC) derivatives regulations. The app is said to have resulted from Neota’s participation in A&O’s tech incubator Fuse.

Added by Caroline Hill on the 8th Apr 2019 at 8:25 am No comments

“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