Gordon Smith has just been appointed to a second five-year term as dean of the J. Reuben Clark Law School at Brigham Young University. Two years after becoming dean in 2016, he told an audience of law school advisors, “I want BYU to be known as, if not the most innovative law school in the…
Tech-Enabled Litigation Funder Legalist Expands Into Bankruptcy With $50M Fund
Legalist, a San Francisco-based litigation finance company that uses technology to scour court dockets and determine the best cases in which to invest, is now expanding into bankruptcy, raising $50 million for a fund to provide debtor-in-possession financing to small businesses in bankruptcy.
DIP financing is used in Chapter 11 bankruptcy cases to enable…
Former ROSS CEO Leaps from Law to Medicine with New Startup
After a copyright lawsuit forced the company he cofounded to shut down last December, Andrew Arruda, the cofounder and former CEO of legal research startup ROSS Intelligence, has now taken the helm as CEO of a new software company, this time in the medical field.
Arruda announced the company, Automate Medical, in a…
Investment In Relativity Puts the E-Discovery Company’s Valuation At Reported $3.6 Billion
Relativity, the Chicago-based company that is widely acknowledged to be the market leader for e-discovery software, yesterday announced a definitive agreement for a strategic growth investment from Silver Lake, one of the world’s largest private equity technology investors.
Although the parties did not disclose the amount of the investment,
It’s A Happy Ending for Faster Suite and Its Users, After Its Ejection from Clio
It is a happy ending, after all, for Faster Suite and its customers, as it is back up and running as an integration with the practice management platform Clio.
As reported here last week, Clio booted the popular app last Monday over concerns that it could expose Clio customer data to a…
LawNext: How 30-Year-Old Agiloft Is Making Waves In The Hot CLM Market
No sector of the legal technology market is hotter right now than contract lifecycle management. And while that sector is crowded with companies that are relative newcomers, one of the companies making the biggest waves is 30 years old.
Over the past year, Agiloft, the no-code CLM company, raised $45 million in growth equity…
Partnership Between Wolters Kluwer and Courtroom Insight Enhances Labor Arbitration Research
A new partnership between Wolters Kluwer Legal & Regulatory U.S. and Courtroom Insight will provide easier access to labor arbitrators’ awards and biographies.
From within Courtroom Insight, users are now able to access WK’s database of labor arbitration content, which includes arbitrators’ awards and relevant biographical information.
WK’s Labor Arbitration Awards collection…
International Group Forms Think Tank To Propel Change In The Legal Business Model
An international group of seven legal industry leaders and experts, led by U.K. blogger and consultant Richard Tromans, have formed a think tank to propel change in the legal business model, with a particular focus on how legal services are billed and delivered in the corporate and commercial law sector.
Called Changing Legal,…
Reflections On A Year Of Challenges And Changes For The Legal Profession
That it was Friday the 13th was not lost on me.
There I sat, one year ago today, on Friday the 13th, on a packed flight from Salt Lake City to Boston, almost no one wearing masks, feeling superstitiously anxious as I returned home from BYU Law School, where I’d traveled two days earlier to…
With ILTACON Returning Live In August, ILTA Execs Share Details Of What To Expect
The International Legal Technology Association’s announcement that its ILTACON conference in August will be a hybrid event, with both an in-person conference in Las Vegas and live-streamed programming, makes it the first major U.S. legal technology conference to resume in-person meetings since the outbreak of the pandemic a year ago.
But many questions…
Featured Resource: The Latest Legal Trends Report from Clio
The latest Legal Trends Report, published by cloud-based legal technology company Clio, aims to refine a vision for this “better normal,” providing data and analysis that shows the legal industry’s “product-market-fit problem,” where the majority of those needing legal help don’t get it, and how law firms can fill the gap.
In particular, this…
CloudNine Releases Major Updates To Its Concordance E-Discovery Platform
Calling it the most substantial update in five years to the Concordance e-discovery review platform, CloudNine today released a new version 10.24 containing a package of updates that includes a new viewer, integration with CloudNine Review, and improved production performance.
Concordance has a history as one of the earliest e-discovery review tools, developed…