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Government backs University of Oxford legal tech research as Magic Circle trio form data consortium Thomas Alan The University of Oxford has been awarded £213,000 to fund a study into the legal tech ecosystem as a trio…
Conference Sketch – Thousands flock to law tech showcase but echo chamber concerns creep in Thomas Alan Walking trees. High-fives. A cinema. Virtual reality headsets. Arcade games. Disco balls. General counsel (GCs) dressed as Willy Wonka. Filing…
Adoption is accelerating: legal tech start-up investment more than doubles to £61m in 2018 Thomas Alan Cash flowing into UK legal tech start-ups rose to £61m in 2018, a considerable increase on the previous year’s £22m,…
Riverview Law and Pangea3 brands to be dropped following EY acquisition Thomas Alan Big Four accountancy firm EY is finalising the combination of its two high-profile acquisitions, Riverview Law and Pangea3, into one…
Stake in the ground: Pinsents bolsters alternative services with project management division Hamish McNicol Pinsent Masons has launched a client and legal project management division as it continues to ramp up investment in non-legal…
New Law, new money: UnitedLex turnover hits $350m with UK expansion on the cards Thomas Alan US New Law provider UnitedLex has bolstered its total revenue to $350m in its most recent financial results, with expansion…
Luminance creates new advisory board as senior lawyers line up to back legal tech start-ups Thomas Alan UK legal tech company Luminance has established a new advisory board aimed at accelerating AI adoption by BigLaw, with Slaughter…
Enhance your contract negotiation process with a data and process-driven approach Guest Blog At most organisations, the contract negotiation process is highly manual, inconsistent and reliant on the institutional knowledge of the attorneys…
New Law leader Axiom abandons IPO for Permira private equity sale Thomas Alan New Law pioneer Axiom has ditched long-trailed plans for an initial public offering (IPO) after securing a ‘significant investment’ from…
NRF launches legal ops consulting arm with the mind behind Barclays’ radical panel reforms Marco Cillario Norton Rose Fulbright (NRF) made an ‘offensive move’ against the much-hyped threat of the Big Four on legal operations consulting…
Eversheds spins off New Law arm to supercharge growth and attract external investment Hamish McNicol Hamish McNicol reports on Eversheds Sutherland taking the partnership shackles off its Konexo offering The alternative legal service provider (ALSP)…
Simmons gets on the legal technology and data Wavelength with start-up acquisition Thomas Alan Simmons & Simmons has made a rare acquisition in the form of legal engineering start-up Wavelength for an undisclosed sum.…
Spin-offs likely as Mishcon ‘considering all options’ for a capital raise Hamish McNicol Mishcon de Reya is considering options for raising capital in a bid to fund its ‘ambitious plans’ for growth, including…
Thomson Reuters makes ‘transformational’ HighQ acquisition as ContractPodAi raises $55m Anna Cole-Bailey Thomson Reuters has snapped up legal software provider HighQ, making good on plans to bolster its cloud-based software products after…
Knights eyes another four acquisitions after 51% revenue increase in first post-IPO results Thomas Alan Knights has produced a strong debut financial year following its AIM listing, with acquisitions and organic growth propelling the firm…
Eating our lunch: Eversheds unshackles New Law offering and sets £100m revenue target Hamish McNicol Eversheds Sutherland is spinning off its £40m New Law business in a bid to supercharge its growth to £100m over…
Guest comment: LB’s New Law critique flawed as alt players build a ‘new order of client value’ Guest Blog LB editor-in-chief Alex Novarese recently posted a piece entitled ‘Innovation needs law firm champions’, which hooked on to the story of…
Serious money: Elevate bolsters acquisition chest with $25m backing while Orbital Witness raises £1.2m Thomas Alan Investment continues to flow into New Law and legal tech with US-based law company Elevate securing $25m in private equity…
Prestige meets hustle – Slaughters sends jolt through start-up community with launch of tech incubator Thomas Alan For years Slaughters epitomised City conservativism but, reports Thomas Alan, marquee clients and a clear structure mean its new law…
