If you haven’t already read this article in the FT by RSG Consulting partner Yasmin Lambert it’s well worth a read. Lambert, who says that a new wave of female leaders and innovators is transforming the Australian legal sector, identifies five women who are combining law and technology to create new opportunities for their businesses and the next generation. It’s exciting timing as we embark this week on our own research around diversity in the Australian legal tech sector. If you’re not already in the diary please contact us.
Our congratulations goes out to Jo Owen who has been promoted from operations director to the newly created role of CIO at Cripps, as the Kent practice carves out a dedicated IT function.
Thomson Reuters has restructured its senior management, appointing as co-chief operating officers Brian Peccarelli, who takes over as head of legal professionals, and Neil Masterson, with four senior execs set to leave including president of legal, Susan Taylor Martin.
Chainvine, the UK-headquartered blockchain developer used by K&L Gates for its internal blockchain initiatives, has raised £2.5m/$3.3m in its Series A fundraising. The fundraising was led by Chester-based fund Deepbridge Capital.
LexisNexis is supporting the Australian Human Rights Commission as a project partner in a landmark inquiry into the challenges to our rights and freedoms presented by technologies such as artificial intelligence, social media, and big data.
Having been acquired outright by Dye & Durham at the end of last year, UK-based e-conveyancing provider easy convey announces today (1 June) that it has acquired 100% of conveyancing search company Finlay Associates.
Thomson Reuters Elite’s EMEA sales head Peter Gill is to join Converge Technology Specialists (Converge TS) as chief commercial officer, we can reveal, as the dedicated legal cloud provider builds up its c-suite in preparation for the next phase of its growth.
For those with a long legal tech memory, history is just about to repeat itself, when David Lumsden, who was chief executive of RAVN Systems until its acquisition by iManage, takes over as CEO of Enable Business Solutions from founder Liam Flanagan in July. Flanagan, who retains majority ownership, will take on the role of head of business development and innovation.
The May 2018 Insider is classic – we announce CyLok: the Legal Cybersecurity Readiness Index – Legal IT Insider has been working with industry security experts including Accenture + we have a Groundhog Day moment as David Lumsden takes over as Enable CEO from founder Liam Flanagan + We LOVE this article by Keith Lipman “Adventures in the Pessimistic DMS Garden” + much more
Growth private equity investor Bowmark Capital is to buy out Bryan Cave Leighton Paisner’s circa 60% stake in LOD (Lawyers on Demand), as the management of the alternative legal services arm looks to accelerate its recent growth and take advantage of a “tipping point” in the market.
Bighand is the latest iManage partner to announce an integration with Work 10, the newest version of iManage’s work product management system.
So the announcement reads… Ipswich law firm Prettys Solicitors has signed up to integrated practice and matter management with SOS Connect from Solicitors Own Software due to its “proven track record.” And goes on to say… After several years the practice, which works across the full range of commercial and personal law, has replaced its incumbent system with SOS Connect. But what was the unnamed legacy incumbent system? Digging through the Insider archives we found this story from May 2003…
Exploiting data to gain a competitive advantage is nothing new; every law firm will have been striving to do just this over the last few years, albeit with varying levels of sophistication and success. But as the value of the data held by law firms becomes better understood and the technology enabling us to analyse it matures, there is a new urgency in the race to use data to compete. Key to making the most of the data at a law firm’s disposal is a specialist skill set that is very difficult to obtain – that of a data scientist.
Last week the unstoppable Elevate announced that it had acquired the assets of U.S.-based e-discovery company E-STET, bringing Relativity in-house. The eagle-eyed among you may have been left wondering about the details of the deal because EY announced in November that it had acquired E-STET and the E-STET team joined the EY eDiscovery team.
Freshfields Bruckhaus Deringer, which partnered with Kira Systems in 2016, has signed a multi-year renewal with the Toronto-headquartered machine learning contract analysis software provider.
Here are the global legalit deals you need to know about. The May wins and deals will be out next week (30 May). To stay up to date, sign up for the free newsletter on the link provided, if you haven’t already.