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Tech Deals… UK Legal 500 firm Girlings chooses Tikit to supply practice, case and CRM solution

Tikit, a global provider of technology solutions to legal firms, today announced that Legal 500 firm Girlings Solicitors has chosen Tikit P4W for practice and case management and Tikit Connect for CRM.

Added by Legal IT Newswire Form on the 7th Aug 2018 at 1:51 pm No comments

Trending… EY acquires, wait for it…Riverview Law

In what will almost certainly go down as one of the biggest but perhaps most inevitable “oh shit” moments for mainstream law in the expansion of the Big Four into legal services, EY has today (7 August) announced an agreement to acquire Riverview Law to support the expansion of EY legal managed services globally.

Added by Caroline Hill on the 7th Aug 2018 at 8:46 am 7 comments

NetDocuments hires OnePlace sales head Guy Phillips as EMEA general manager

NetDocuments has hired OnePlace sales director Guy Phillips as its EMEA general manager, who will lead the London team and act as a local figurehead for NetDocuments, with plans afoot to further grow its presence in the UK.

Added by Caroline Hill on the 6th Aug 2018 at 11:00 am No comments

Trending… Friday thought: Teach your lawyers to use the tech you’ve got

I’m speaking at The Junior Lawyers Division forum at the Law Society in September about what legal technology means for or to junior lawyers and had a fantastic conversation this week with an incredibly bright young lawyer on that topic. Law firms are buying shiny toys and talking about training young lawyers to code despite the fact that many lawyers don’t understand how to use a fraction of the software they interact with every day.

Added by Caroline Hill on the 3rd Aug 2018 at 11:42 am 4 comments

The Link App exceeds target with comparatively small change £340k in funding

In its third funding round The Link App led by founder and CEO Lauren Riley – one of the comparatively very few female founders in legal tech – has secured £340k in funding led by NPIF-Mercia Equity Finance as well as existing and new angel investors, bringing total investment in the business to £500k.

Added by Caroline Hill on the 2nd Aug 2018 at 4:51 pm 1 comment

“More investible than law firm IPOs”: LegalZoom announces record $500m injection

If you were in any doubt about the attractiveness of alternative legal suppliers to investors, this week may have set you straight, as LegalZoom announced a record $500 million secondary investment led by Francisco Partners and GPI Capital.

Added by Caroline Hill on the 2nd Aug 2018 at 12:52 pm No comments

DocuSign acquires SpringCM for $220m as part of bid to transform the contracts process

As part of its recently unveiled strategy to transform and streamline the contracts process, DocuSign, which floated on NASDAQ in April, is set to acquire cloud-based document generation and contract lifecycle management software company SpringCM for around $220m in cash.

Added by Caroline Hill on the 2nd Aug 2018 at 7:49 am No comments

Baker McKenzie adopts LexPredict’s open source contract analysis platform ContraxSuite

Having made its contract analytics and legal document platform ContraxSuite open source and therefore free to use and modify in July 2017, LexPredict has partnered with global law firm Baker McKenzie, which, in a significant step for BigLaw, is now deploying a custom-designed version of the tool.

Added by Caroline Hill on the 1st Aug 2018 at 6:34 pm No comments

Updated Exclusive: HighQ doubles North American market share with acquisition of local competitor Legal Anywhere

In its first-ever acquisition, UK-headquartered collaboration platform HighQ has acquired its smaller US legal file sharing rival Legal Anywhere in a deal that sees HighQ double its market share in North America, we can reveal.

Added by Caroline Hill on the 1st Aug 2018 at 4:39 pm No comments

“I’m solving the one problem I have hundreds of times a year”: Eversheds Sutherland adopts SimplyAgree’s closing technology

The US arm of Eversheds Sutherland has adopted signing and closing technology SimplyAgree to support its transactional practices, with plans to roll out the tool across multiple practice groups including M&A, private equity, venture capital, banking and finance, and real estate. Conversations are also informally already underway internally regarding using the closing technology in the UK. 

Added by Caroline Hill on the 1st Aug 2018 at 1:12 pm No comments

What in-house counsel want

Having launched its legal operations health check in April, Melbourne-headquartered legal tech provider Xakia reports that in-house counsel on five continents have now completed the online assessment, with their responses providing a quantitative look at the real state of legal operations in departments of all sizes. Spoiler alert, you may not be surprised to learn that pain points include document management systems, knowledge management tools, albeit a large number still don’t have a DMS.

Added by Caroline Hill on the 1st Aug 2018 at 7:06 am No comments

eDiscovery News: Linklaters launches global eDiscovery service + Active Navigation appoints Dean Gonsowski as CRO

Linklaters is gearing up to manage all aspects of the client disclosure process in-house with the launch of a new global eDiscovery service, which leverages Servient’s advanced eDiscovery platform in the cloud.

Added by Legal IT Newswire Form on the 31st Jul 2018 at 2:00 pm No comments

LexisOne Fieldfisher update: Belgium goes live “within weeks”

Fieldfisher has extended LexisOne to its 76 users in Brussels as part of a planned 2018 European network rollout, having gone live on the Microsoft Dynamics 365-backed enterprise resource planning (ERP) system in London, Amsterdam and Silicon Valley in June 2017. According to a statement out today (31 July) Brussels was completed “within a matter of weeks – including the data migration.”

Added by Caroline Hill on the 31st Jul 2018 at 11:49 am No comments

Chats with legal chatbots – episode 1: The Global Legal Hackathon and LawDroid

“The big thing in 2018 will be for law firms to start introducing chatbots onto their websites never mind getting actual content on there first for the chatbot to reference.” In his first ‘chat with chatbots’, Brian Inkster puts LawDroid through its paces. And gives up.

Added by Caroline Hill on the 30th Jul 2018 at 9:58 am 3 comments

Clifford Chance reduces tech toolkit from 25 to 3

Clifford Chance has reduced the technology toolkit that it presents fee-earners with day-to-day from around 25 different systems to three – Kira Systems; Relativity; and transaction management platform Workshare Transact – with engagement said to be “through the roof” as a result. The reduced toolkit is part of Clifford Chance’s best delivery strategy, which focuses on making sure that fee-earners are using the right tools in order to optimise value for clients.

Added by Caroline Hill on the 27th Jul 2018 at 9:27 am 5 comments