Just last week, I reported here about the name change of Axiom Managed Services, one of two companies spun off last year from alternative legal services provider Axiom. With its new name, Factor, and a “doubling down” by two long-term investors, the company characterized the move as a relaunch to position…
Jim Sandman’s Five Requirements for Tech to Improve Access to Justice
Few would dispute that an essential ingredient in addressing the access-to-justice crisis is technology. Technology can provide the economies of scale, efficiencies of process and tools of innovation that can enable legal services to be provided more broadly and equitably.
But what must be done for technology to improve access-to-justice? How can we best harness…
AI Transcription Company Verbit Closes $31M Series B Round
Verbit, the Tel Aviv-based, AI-powered transcription platform, today said it has closed a $31 million Series B funding round led by Stripes, a leading New York-based growth equity firm.
Following an $11 million seed round in March 2018 and a $23 million Series A round in January 2019, this brings the total investment in…
New CloudNine Product Makes Child’s Play of Data Collection in Office 365
A product coming out today from the e-discovery company CloudNine makes it easy to collect email and attachments from Office 365 email custodians and Microsoft OneDrive cloud storage files.
Called CloudNine Collection Manager, the product is designed to be easy enough for first-time collectors to use yet powerful enough for e-discovery professionals handling…
Axiom Managed Services Spin-Off Changes Name to Factor
In what it is positioning as a relaunch of the company, Axiom Managed Solutions, one of two companies spun-off last year from alternative legal services provider Axiom, is changing its name to Factor and launching a new website at www.factor.law.
The company also said that two of the original investors in Axiom, Benchmark…
Atrium Founder Confirms Layoffs of Legal Staff; Will Focus on Building Services Network for Startups
In a blog post today, Atrium founder Justin Kan confirmed the news first reported on this blog yesterday, that the company is letting go most of its legal services staff and that it will now pivot its focus towards “building a professional services network dedicated to founders.”
The company will keep a small…
Announcing the Winners of the LexBlog Excellence Awards for Outstanding Writing
In my role as publisher and editor-in-chief of LexBlog, it is my great honor today to announce the winners of the inaugural LexBlog Excellence Awards, a first-of-its-kind contest designed to honor excellence in the writing of legal blog posts.
Unlike other “best blog” awards, ours were not designed to honor overall blogs, but…
Reports Say Atrium Letting Go Most Of Its Legal Staff; Had Vowed to ‘Revolutionize Legal Services’
With its much-ballyhooed launch in 2017 and its backing by Silicon Valley entrepreneur and Twitch founder Justin Kan, Atrium said it would “revolutionize legal services” through its dual-entity model of a law firm and a separate-but-connected entity to provide back-end services and technology.
But now there are signs the revolution is at…
Brian Kuhn, Cofounder of IBM Watson’s Legal Business, Moves to ALSP Elevate
Building on its 2018 acquisition of the AI technology and consulting firm LexPredict, the global law company Elevate has launched a Digital Strategy and Solutions business unit and hired a big name in legal AI to run it — Brian Kuhn, formerly global managing leader of the IBM Watson Legal business.
The…
Jason Tashea, Former ABA Journal Tech Writer, Joins A2J Tech Startup
Jason Tashea, the lawyer and former technology reporter for the ABA Journal, has joined an early-stage technology startup devoted to empowering pro se litigants in small claims cases.
Tashea is now product manager at Quest for Justice, a company formed last August with the goal of building an access-to-justice platform to enable…
With Backing from U.S. Venture Firm, UK-based Juro Looks to U.S. Market
As was reported here yesterday, the London-based contract-management company Juro announced a $5 million Series A investment round led by the U.S. investment banking firm Union Square Ventures. What does the investment mean for the company’s expansion in the U.S. market?
In a conversation yesterday, I put that question to Richard Mabey,…
As It Readies to Emerge from Beta, Reynen Court Raises Another $3M Financing
Reynen Court, a company that is often described as the app store of law, today said it has raised an additional $3 million of financing as it prepares to come out of beta in the first quarter of this year.
The company’s mission is to make it easy for law firms and legal departments…