We thought 2018 was a banner year for investment in legal technology companies. But then, less than two weeks into 2019, the year got off to a roaring start with news of a $200 million strategic investment in Onit, a Houston company that provides enterprise workflow products for legal management, contract management and business process…
Five Days, Two Conferences, One Echo Chamber
I spent last week at two conferences in New York City. First up was Legalweek, the rebranded version of the venerable Legaltech conference, an annual affair since 1982. Friday brought me to Inspire.Legal, a new “unconference” devoted to “inspiring creative new solutions” to “the most pressing problems facing our industry.”
While they were very different…
In E-Discovery Deal, OpenText Acquires Catalyst for $75 Million
OpenText, a Canadian company that specializes in enterprise information management, has acquired Denver-based e-discovery company Catalyst Repository Systems, a provider of e-discovery technology for corporate legal departments and top law firms.
The purchase price of the acquisition is approximately $75 million in an all-cash transaction, according to a statement by the company. Catalyst…
LawNext Episode 26: Mark Cohen’s Strategies for the Global Legal Marketplace
Mark A. Cohen has long been ahead of the curve. After 25 years as an accomplished trial lawyer, he founded one of the first legal process outsourcing companies and then cofounded Clearspire, the groundbreaking two-company law firm and service provider that became the blueprint for a new generation of innovative legal services providers.
Now,…
Relativity Reduces Data Fees for SaaS Customers, Adds New Licensing for Service Providers
E-discovery company Relativity is today announcing new pricing and licensing options for its cloud-based RelativityOne product, reducing data fees by up to 50 percent, introducing a more flexible billing model for all RelativityOne customers, and creating a special licensing option for e-discovery service providers at a lower wholesale rate.
Today’s announcement encompasses five…
Westlaw Edge Gets New ‘Precedent Analytics’ Showing the Cases and Courts Judges Rely On
When Thomson Reuters unveiled its next-generation Westlaw Edge last July, it was the first time its legal research platform featured integrated litigation analytics, providing detailed docket analytics covering judges, courts, attorneys. and law firms, for both federal and state courts.
It was significant news, not only because analytics are fast becoming
#Legalweek19 Preview: How Technology Is Transforming Legal Practice
If you are reading this blog, then I don’t have to tell you: Little has more dramatically changed the practice of law than technology. For better or for worse, the technological advances of the past decade have irrevocably changed the legal industry and forever transformed the way we practice law.
This is one in a
Wordcloud of #Legalweek19 Agenda Reveals the Show’s Dominant Themes
Every year, the folks at the legal marketing and public relations firm InsideLegal analyze the agenda of the Legalweek/Legaltech conference and create a wordcloud revealing the show’s major and not-so-major themes.
With the conference kicking off next Tuesday, they’ve done it again, and this year’s wordcloud reveals that the two dominant themes are…
Summary and Analysis: Microsoft Office 365 eDiscovery Challenge Survey
[Editor’s note: In a guest post here in August, e-discovery consultants Tom O’Connor, director of the Gulf Coast Legal Technology Center, and Don Swanson, president of Five Star Legal, launched the Microsoft Office 365 eDiscovery Challenge, a survey to determine whether Office 365’s e-discovery capabilities are up to the task of handling an e-discovery matter on…
Everything You Ever Wanted to Know About Digital Marketing: Interview with Lawyer/Marketer Seth Price
Well maybe not everything, but I recently sat down with Seth Price for a wide-ranging conversation about digital marketing for law firms.
Seth comes at this from the perspective of a lawyer who learned to market his own firm and then decided to apply that learning to other firms.
Seth is a founder and managing…
Another Whopper Legaltech Investment: $83 Million in E-Discovery Company DISCO
It seemed like it would be tough to top 2018, which was a banner year for investments in legal technology, with the total hitting $1 billion. But then, two weeks ago, came news of a $200 million strategic investment in Houston-based Onit, and now comes news of another major investment in a legal technology…
Join Me For A #Legalweek19 Pre-Event: ‘How To Build A Better Tech Show’
On Tuesday next week, the combined Legalweek/Legaltech kicks off in New York, one of the world’s largest conferences devoted to legal technology and the business of law. But on Monday night, a pre-conference program will consider, “How To Build A Better Tech Show.”
Sponsored by Above the Law and Evolve the Law, five…