AI-Powered Spend-Management Platform Brightflag Raises $8.5M Series A Funding

By

Brightflag, an e-billing and spend-management platform for corporate legal departments that uses artificial intelligence to review outside counsel invoices, has raised $8.5 million in a Series A funding round, bringing the company’s total raise to $11 million.

The round was led by Sands Capital Ventures, Arlington, Va., with participation from existing investors Frontline Ventures…

Major Industry News: EY to Acquire Pangea3 from Thomson Reuters, Expanding Its Global Legal Services

By

In major news indicative of the direction of the legal services industry globally, EY — the entity that encompasses Ernst & Young companies worldwide — has entered into an agreement with Thomson Reuters to acquire Pangea3, the legal managed services business.

This follows EY’s acquisition last August of Riverview Law, a UK-based alternative legal services…

Intapp, Provider of Professional Services Software, Acquires ERM Platform gwabbit

By

Intapp, a company that provides cloud enterprise software to legal, financial and other professional services firms, said today that it has acquired gwabbit, an enterprise relationship management and data quality management platform popular among larger law firms.

Intapp said the acquisition will expand its capabilities in marketing and business development with AI-based relationship intelligence…

Global Legal Research Company vLex Acquires UK Service Justis Publishing

By

The global legal research company vLex will announce today that it has acquired Justis Publishing Ltd., a 33-year-old UK-based online legal publisher with clients in more than 40 countries including the UK, Ireland, the United States, Canada, the Caribbean, Hong Kong, Singapore, Australia, and New Zealand.

Justis, headquartered in London, will become part of vLex. Justis Managing…