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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

New tech: Eversheds Sutherland partners with Opus 2 to launch CaseReady litigation platform

Eversheds Sutherland has partnered with Opus 2 International to launch an enterprise licence of Opus 2’s electronic trial platform Magnum, under the name CaseReady. 

Added by Caroline Hill on the 29th Nov 2018 at 11:21 am No comments

From Berkeley California to London Shoreditch: Everlaw launches in the UK

Fast-growing cloud-based eDiscovery provider Everlaw is to open an office in London to expand its services into the UK and continental Europe. Here is everything you need to know.

Added by Caroline Hill on the 28th Nov 2018 at 5:56 pm No comments

UK Government injects £3m into research projects on AI in law and insurance

Three new government-backed research projects will investigate how businesses can make best use of AI in insurance and law as well as analysing consumer attitudes to AI. The projects are backed by £3 million through the Industrial Strategy Challenge Fund.

Added by Caroline Hill on the 28th Nov 2018 at 4:41 pm No comments

DMH Stallard swaps out Lexis Axxia for Aderant

DMH Stallard is the latest law firm to swap out its Lexis Axxia practice management system, we can reveal: it has selected Aderant Expert and Handshake as its legal PMS and knowledge management solutions respectively.

Added by Caroline Hill on the 28th Nov 2018 at 12:28 pm No comments

UK Legal Tech Association launches – here’s how to join

Watch out ILTA, there’s a new legal tech association in town: The UKLTA (UK legal tech association) launched last week at the inaugural Legal Technology North Conference (LTNC), with over fifteen members joining the ranks by Friday 23 November, including Mischon de Reya, DWF and Addleshaw Goddard.

Added by Caroline Hill on the 28th Nov 2018 at 10:50 am No comments

Legal tech win: Shardul Amarchand signs up to Workshare Secure

Leading Indian law firm Shardul Amarchand Mangaldas & Co has selected Workshare Secure to help stop personally identifiable information being shared inappropriately over email. 

Added by Caroline Hill on the 28th Nov 2018 at 9:05 am No comments

DocsCorp reports a 69% increase in the sale of information leak prevention software

Here’s an interesting trends and wins update from DocsCorp, which between January and October 2018 saw a 69% increase in the sales of its information leak prevention software cleanDocs, with new wins including Wright Hassall.

Added by Legal IT Newswire Form on the 28th Nov 2018 at 8:47 am No comments