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All the latest legal tech wins and deals

It’s been a busy week in legal tech almost certainly capped by the news on Friday (15 June) that DWF may shortly become the largest law firm to float on the London Stock Market to help increase its investment in technology and connected services. There’s was news of a litigation decision engine launched out of a partnership between Weightmans, Kira Systems and the University of Liverpool; an enormous £13m cash injection from Goldman Sachs and Temasek for Eigen Technologies; and U.S. law firm Gordon, Arata, Montgomery, Barnett, McCollam, Duplantis & Eagan became the first to go live on 3E in the Cloud, to name but a few of the latest wins and deals rounded up here.


DWF eyes IPO to help increase investment in technology and connected services

In line with its strategy of ‘doing things differently’ and in order to help increase its investment in technology and connected services, DWF may shortly become the largest law firm to float on the London Stock Market with a valuation of up to £1bn, The Times reports today (15 June) and the UK top 25 law firm has confirmed in a statement.



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Aderant 145 x 145

Better Strategic Planning: How to Be a Leader in a World of Lemmings

Russ Haskin, director of business of law consulting at Wilson Legal Solutions says that data, both internal and external, should be the only information guiding your planning process. We like it because it resonates with a number of conversations that we’ve been having lately: get your data in order; understand and improve your processes; stop panicking about what everyone else is doing.


Law Society commission to review the impact of big data and AI on the justice system

The Law Society of England and Wales today (14 June) launched a public policy commission review of the impact of technology and data on human rights and justice. According to new Law Society vice president and commissioner Christina Blacklaws, the review will examine issues of unconscious bias, ethics and rights, as well as what kind of oversight is required and what the financial and social cost could be if algorithms are skewed. The commission will initially look at the use of AI in legal practice and in society, by the police and prison services.


Odi-sé Avocats first French independent to select Workshare Transact as transaction management booms

It’s not sexy legal tech and may not contain one mention of AI but online transaction management is one space where you can expect some major law firms wins shortly, and later today Workshare will announce that Odi-sé Avocats Aviation Finance has become the first independent French law firm to adopt Workshare Transact.


Adventures in the Pessimistic DMS Garden: 9 Challenges Security Solutions Must Address

Over the past year, we’ve seen an increase in the number of firms moving to need-to-know or pessimistic security for non-public data. The driver is simple: clients are demanding it. The underlying reasons are simple: (1) industry (such as finance) regulators are requiring it for clients’ data; and/or (2) clients’ security officers are demanding it as best practice. There’s also a simple truism of cybersecurity professionals: it’s not “if” a business will be hacked, but rather “when.” Law firms are in the unique position because most of the data they hold is owned by their clients. It’s crucial to be aware of and understand the complete set of requirements before selecting or implementing a particular technology, says Keith Lipman, founder and president of Prosperoware. It’s even more important to understand how people actually work in law firms – unless you don’t care about adoption or compliance.



New Peppermint integration with InfoTrack means conveyancing completed ‘30% faster’

Peppermint Technology has rolled out two-way integration with InfoTrack, which it estimates could reduce the time it takes to complete a conveyancing matter by 30%.


Scottish Legal Aid Board (SLAB) is first Scottish public body to move to Oracle Cloud

The Scottish Legal Aid Board (SLAB) has ‘gone-live’ with Oracle Cloud. The move which is in line with the Scottish Government’s Digital Strategy for Scotland means that it is the first public body to make this transition.


Diversity challenge: Play your (small) part

Lack of diversity is an issue faced by the entire legal sector but within legal technology appears to be getting worse not better, with, for example, the number of female CIOs dropping, not increasing each year. Here is how you can make a difference.


(Major) legal tech win: Dentons adopts HighQ’s intelligent work platform globally

In a major win for HighQ, Dentons, the world’s largest law firm, is adopting the London-headquartered company’s intelligent work platform to enhance the way it engages clients and transform its delivery of legal services around the globe.



Weightmans partners with University of Liverpool and Kira on major decision engine

National law firm Weightmans has partnered with the University of Liverpool and software company Kira Systems to develop an artificial intelligence (AI) solution capable of extracting data to power a decision engine that will carry out legal reasoning. The solution can identify arguments for settling cases and speeds up decision making by combining the metadata extraction capabilities of Kira with a legal decision engine created jointly by experts at University of Liverpool and Weightmans.


Aderant release Handshake Connect ‘out of the box’ portal

Aderant will later today (12 June) formally announce the release of Handshake Connect, an ‘out-of-the-box’ legal intranet portal that it says provides fast and easy deployment, with minimal customization required.


Eigen Technologies raises £13m ($17.5m) Series A funding from Goldman and Temasek

Eigen Technologies, which automates the classification and extraction of data from documents for finance, law, and professional services firms, today (11 June) announced that it has completed a £13m ($17.5m) Series A funding round co-led by Goldman Sachs Principal Strategic Investments (PSI) and Temasek.


England’s top judge lashes out at ‘Science Museum’ grade court IT

England and Wales’ top judge has moaned that HM Courts and Tribunal Service’s (HMCTS) IT systems “more obviously belong in the Science Museum” than courtrooms across the land, The Register reports.



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All the latest legal tech wins, deals, launches and moves

Catch up on all the latest legal tech news here with our Monday morning round up. Includes the latest wins, deals, moves or launches from SOS Connect; Eclipse Legal Systems; ayfie; NetDocuments; iManage; Tikit; BigHand; Thomson Reuters; Converge TS; Enable Business Solutions; Neota Logic; Epiq, Elevate, HighQ; QuisLex; Lockpath; DiscoverReady and more.


News from the Department of Stating the Bleedin’ Obvious… Majority of US law firms not prepared for GDPR says survey

A majority (90%) of U.S. law firms surveyed by Wolters Kluwer’s ELM Solutions say data privacy and security are among their highest priorities. However, less than half (47%) feel fully prepared to address the new General Data Protection Regulation (GDPR) requirements that went into effect on May 25.


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Top 200

The Insider Top 200 shows the major IT systems in use by the largest UK law firms ranked by turnover and is updated on an ongoing basis.

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