Zach Posner cofounded The Legaltech Fund in 2020 as the first venture capital firm laser-focused on law and legal technology. But even with that industry focus, he takes a broad view when it comes to what he considers legal tech, looking for startups that…
In Defense of the Billable Hour: A LawNext Interview with Apperio CEO Nicholas d’Adhemar
Does the billable hour get a bum rap? Nicholas d’Adhemar, founder and CEO of the London-based spend management company Apperio, believes so. The real culprit for out-of-control legal costs is something else altogether, he believes. By identifying it, d’Adhemar says, both clients…
What Lawyers Can Learn From Journalists About Writing: My WordRake Q&A
I recently had the great honor to be interviewed by Ivy B. Grey, vice president, strategy & business development, at WordRake, about lessons learned in journalism that can be applied in law.
The interview is now posted at WordRake, where we discuss what journalism can teach legal professionals about effective writing, interviewing, working…
Avoiding Cost Overruns, Surprise Invoices and Stale Data: Four Ways Corporate Counsel Can Learn From Their Private Equity Peers
Earlier in 2021, Apperio released a report on the findings from our survey of 160 in-house lawyers in private equity: Responsibility without control? Legal spend challenges facing private equity leaders in 2021.
Following the positive press reaction to this report, I was consistently asked whether the findings were also relevant to in-house legal teams…
With Expansion, Lawyer Marketplace Priori Is Now Also A Legal Tech Marketplace
Priori Legal, a marketplace for in-house legal teams to find and hire outside counsel, is expanding to also serve as a marketplace for legal technology and alternative legal services providers.
The expansion means that inhouse legal teams will be able to use Priori not only to hire lawyers to help with projects, but also…
Clio Acquires CalendarRules, Product that Automates Calendaring of Court Deadlines
Law practice management company Clio has acquired the automated court-calendaring company CalendarRules, Clio’s first acquisition since becoming the first law practice management company to achieve unicorn status earlier this year and its second acquisition ever.
“This acquisition is an important one as we continue to help law firms navigate a changing legal…
Exclusive on LawNext Podcast: How UpCounsel Avoided Shutdown and Why It Is Launching A Crowdfunding Campaign
[Note: This is the second of an exclusive two-part series on lawyer marketplace UpCounsel, which – 16 months after new owners rescued it from shutting down – is now launching a crowdfunding campaign. In part one, I wrote about UpCounsel came back from the brink of closing down and rebuilt its business.] …
Exclusive: As UpCounsel Launches Crowdfunding Campaign, the Phoenix-like Story Of Its Rise from Near Shutdown
[Note: This is the first of an exclusive two-part series on lawyer marketplace UpCounsel, which – 16 months after new owners rescued it from shutting down – is now launching a crowdfunding campaign. The campaign opens to the public July 28, but readers of this blog can access the private friends and family campaign,…
Former Head Of LexisNexis and Bloomberg Law Named to Integreon’s Board
Lou Andreozzi, the former chairman of Bloomberg Law and CEO of LexisNexis North American Legal Markets, has been appointed to the board of directors of global managed services provider Integreon, the company said today.
The news comes a month after Integreon was acquired by the private equity firm EagleTree Capital.…
Tabs3 and CosmoLex Launch Their Own E-Payments Services
The practice management platforms Tabs3 and CosmoLex, both of which share a common owner, have each launched their own payment processing services to allow their customers to accept credit card and electronic check payments, Tabs3Pay and CosmoLexPay.
Both companies already offered credit-card processing through third-party providers — Tabs3 through LawPay and ProPay and…
LawNext: With $40M Series B, LinkSquares CEO Sets Sights On The Impossible In Contracts Tech
With his contract-management company having just raised $40 million in Series B funding, Linksquares cofounder and CEO Vishal Sunak is aiming for some big goals, including “to build legal tech solutions that simply weren’t possible before.”
In announcing the raise, which brings the company’s total funding to $61.4 million, Sunak vowed that…
How It Works: ContractPodAI, For Legal Departments To Manage Any Scenario
On this episode of How It Works: ContractPodAi, the award-winning legal platform designed for in-house legal teams to streamline and simplify all legal processes, from the simplest to the most complex.
Already established as a leading product in end-to-end contract lifecycle management, ContractPodAi recently expanded beyond CLM with the launch of ContractPodAi cloud, a…