This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
While the last few years have brought an abundance of new and innovative legaltech products to market, the fact of the matter is that not every new product will succeed. Let’s revisit five of the most momentous legaltech fails of the last 10 years. In 2016, legaltech entrepreneur Derek Bluford was riding high.
District Court in Manhattan by a legaltech executive who alleges her former company owes her over $1 million in stock and that her former boss sexually harassed her. ClaimDeck is a d/b/a of the company Syzygy LegalTech Inc. Yesterday, I reported here on a lawsuit filed March 20 in U.S.
If you are hungry to learn more about the latest trends and developments in legaltech, then keep the last week of January open on your calendar, as there are three separate legaltech conferences worthy of your time. 1 Legalweek is the OG of legaltech conferences. Legalweek, Jan. The conference runs Feb.
In 2017, he returned to law to start his current company, Lawmatics , a client relationship management (CRM) platform for lawfirms. He developed the product because he saw a gap in the legal market for software that would help firms automate their marketing and run their businesses as sales organizations.
million pre-seed funding round led by two venture capital firms, Maple , which invests in companies with Canadian roots, and Haystack , which invests in early-stage companies. In 2017, Forbes named the three founders to its “ 30 Under 30.” The Toronto-based company recently closed a $2.1 In 2015, they secured $4.3
First, see the CLOC-related news I’ve already published: Aiming to ‘Radically Accelerate’ Contract Negotiations, ‘The Contract Network’ Comes Out Of Stealth Today, Led By LegalTech Veteran. “Now, Leah will support corporate legal teams and lawfirms for other legal matters beyond contracts.”
Last week Altman Weil released its 2020 LawFirms in Transition Survey , which reports on large lawfirm trends as of 2020. I provide comment here on several, including long term changes, innovation, and how many firms have senior strategic professionals. I also Tweeted about findings, here. [I
As I survey the legal profession broadly, and the world of legaltech and innovation specifically, I see uncertainty and inertia. It is as if we are serving time in a legaltech limbo. After all, it was a good year for the legaltech industry. Overall, the legaltech industry saw unprecedented growth.
Among the most enduring yet dramatic success stories in legaltech is that of iManage , the document and email management company. Founded in 1995, its collaborative approach to content management made it popular among among lawfirms virtually out of the gate, and it was acquired eight years later for $171 million by Interwoven.
There are 49 that I found, and together they offer an overview of how a legaltech startup evolves into a mature company. While its focus has changed over the years, one characteristic has not: From the very start, Casetext was an innovator, always pushing the envelope for what a legaltech product and company should look like.
Around the same time, MyCase acquired Woodpecker , which provides legal document automation software for solo and small lawfirms. These acquisitions come after MyCase was acquired last September in a $193 million deal by private equity firm Apax Partners. CASEpeer, founded in 2015 and based in Newport Beach, Calif.,
Seven times since 2016, Thomson Reuters has conducted a survey on the state of small lawfirms in the U.S., and every time, it found that small firms had made virtually no progress on one of their greatest challenges, which is that they spend too much time on administrative tasks to the exclusion of practicing law.
Help pick the 15 legaltech startups that will get to compete at the eighth-annual Startup Alley at ABA TECHSHOW 2024. We expect to grow as the legal industry becomes more comfortable with AI. AltFee Elevator Pitch: AltFee revolutionizes lawfirm pricing by offering a foundation for alternative fee structures.
Project management tools can help, and we’re the first legaltech solution providing comprehensive project management integrated into the Inbox. Dashboard Legal turns the inbox into a project management platform. The first and most awarded ODR platform – used by courts, corporations, lawfirms and more.
The new year begins with news of a new chief executive at Aderant , a global provider of business management software for lawfirms. Cartrett has been with Atlanta-based Aderant since 2014, coming to the company from Thomson Reuters, where he had most recently been vice president, sales and account management, for large lawfirms.
Anne worked as a patent paralegal at a Chicago IP firm before arriving at the CBA in 2017 as the Law Practice Management and Technology department’s trainer/coordinator. Tom Lambotte (@GlobalMacIT) is a cybersecurity expert who has been in the tech support industry for over a decade. appeared first on Attorney at Work.
.” Spiegel, a former lawyer who was the original founder in 2009 of law practice management platform MyCase, and CTO Roey Chasman , who first worked with Spiegel as a software engineer at MyCase, cofounded Lawmatics in 2017. For more on investor The LegalTech Fund, listen to my LawNext interview with cofounder Zach Posner.).
Alma Asay , the former litigator who founded the litigation management platform Allegory Law, has joined the lawfirm Crowell & Moring as senior director of practice innovation and client value. When Allegory was purchased by Integreon Discovery Solutions in 2017, Asay became its chief innovation officer.
Honestly, Michael Bommarito 12:49 another non answer is funny, like, maybe one of the more salient and relevant accounts is in like 2017, or 18. I mean, do people know, for the most part in the legaltech community, or is it something that most people don’t know? And Lex predict, we got an ISO 27,001. I can imagine this.
A bit late with this, as it was announced earlier this week, but the International Legal Technology Association, in celebration of Women’s History Month, has named five women as its 2024 Influential Women in LegalTech. ” Alma began her career as a successful attorney at an Am Law 10 firm.
Their backstay of tuned-up educational programming was designed to help practitioners run leaner more profitable lawfirms. This year’s conference featured five tracks to choose from (Legal Technology, Business of Law, Industry Workshops, Clio University, and Clio University Workshops). Clio Cloud 2019: Shaka Senghor.
But legaltech news announced today suggests otherwise. In an integration between two law practice products, Lawmatics , the legal CRM product founded by Matt Spiegel in 2017, now integrates with MyCase , the law practice management platform that Spiegel originally founded in 2009 and left in 2015.
The hardest stories I have to report are the ones about legaltech startups that are forced to shut down. We earned the loyalty of many of the world’s largest lawfirms and insurance companies. We patented multiple elements of our technology. Merrill told me at the time of his 2017 launch. in funding.
For the last seven years, Mighty has been a legal technology company operating a portal that helps personal injury lawfirms interface more seamlessly with the lienholders, such as medical providers, who have claims against their clients’ recoveries. Tackling PI Law’s ‘Incentive Problem’. What does that mean?
It began by acquiring Bill4Time in 2017, followed by PracticePanther in 2018, MerusCase in 2019, and Headnote in 2020. Paradigm says it has seen substantial growth in recent years as lawfirms have moved to cloud-based products, and that it currently serves 11,000 lawfirms. No Stranger to LegalTech.
Project management tools can help, and we’re the first legaltech solution providing comprehensive project management integrated into the Inbox. Dashboard Legal turns the inbox into a project management platform. The first and most awarded ODR platform – used by courts, corporations, lawfirms and more.
Here are some of the other legaltech stories from the week: Case Status raises $3.5 Case Status , a mobile client portal and messaging platform for lawfirms, raised $3.5 million in a Series A venture capital funding round led by Meeting Street Capital, Panoramic Ventures, VentureSouth, CreativeCo, and others.
In 2017, he returned to law to start his current company, Lawmatics , a client relationship management (CRM) platform for lawfirms. He developed the product because he saw a gap in the legal market for software that would help firms automate their marketing and run their businesses as sales organizations.
In 2023 Caravel Law was Excellence Awardee for LexisNexis Canada Award for Best Use of Technology In a LawFirm, and this year Monica was nominated for Canadian Lawyer most influential lawyer in the changemaker category. Further, many lawfirms already have programs in place to educate their lawyers on cybersecurity issues.
If you are hungry to learn more about the latest trends and developments in legaltech, then keep the last week of January open on your calendar, as there are three separate legaltech conferences worthy of your time. 1 Legalweek is the OG of legaltech conferences. Legalweek, Jan. The conference runs Feb.
What with COVID, the economy and the day-to-challenges of practicing law and managing a firm, it’s been a tough three years. Yet despite it all, smaller lawfirms have a bullish outlook on their future prospects — and with good reason. 2017 Survey. Exclusive: First Look At New Survey Of Solo And Small Firms.
Gavel founder and CEO Dorna Moini joins LawNext this week to discuss how her company has evolved from document automation to come to support lawfirms, courts, legal aid organizations, and even legaltech companies such as Hello Divorce, as they build tools to automate legal services.
Via posts on social media, I have seen two Reynen Court employees announce their layoffs: Sarah Glassmeyer , who was legaltech curator at Reynen Court, and Sam Moore , who was director of vendor relations. Seeking to Simplify Tech Adoption. Andrew Klein. million round earlier this year.
“There’s an estimate that within the next 10 years, 90% of legal services are going to be delivered online,” founder and CEO Dorna Moini told me ahead of today’s announcement. The company’s customers include lawfirms of all sizes, but Moini sees a difference in how different sized firms use the platform.
How we’re unique: Conversation-driven intake for the internal customers of in-house legal departments. Target customer: In-house legal departments and lawfirm attorneys who serve as outside general counsel. A minimum of one attorney user is required per company to provide legal review. Business users $49/mo.
As I survey the legal profession broadly, and the world of legaltech and innovation specifically, I see uncertainty and inertia. It is as if we are serving time in a legaltech limbo. After all, it was a good year for the legaltech industry. Overall, the legaltech industry saw unprecedented growth.
Litify , a lawfirm practice-management technology built on top of the Salesforce.com platform, has acquired another Salesforce-based legal platform, LegalStratus , which provides e-billing and matter management for corporate legal departments and government agencies. million in 2018 and $5 million in 2017.
million pre-seed funding round led by two venture capital firms, Maple , which invests in companies with Canadian roots, and Haystack , which invests in early-stage companies. In 2017, Forbes named the three founders to its “ 30 Under 30.” The Toronto-based company recently closed a $2.1 In 2015, they secured $4.3
In 2017, he returned to law to start his current company, Lawmatics , a client relationship management (CRM) platform for lawfirms. He developed the product because he saw a gap in the legal market for software that would help firms automate their marketing and run their businesses as sales organizations.
The financing round was led by Bryce Catalyst , a legaltech fund whose founding partner Cary Burch is the former chief innovation officer of Thomson Reuters. Bryce also recently invested in legal technology platform Reynen Court. Other legaltech companies in its portfolio are dealcloser and due diligence company Vital4.
Gavel founder and CEO Dorna Moini joins LawNext this week to discuss how her company has evolved from document automation to come to support lawfirms, courts, legal aid organizations, and even legaltech companies such as Hello Divorce, as they build tools to automate legal services.
billion, news CEO Newton described as “a coming of age for legaltech.” ” Gauvreau had worked as a legal technologist at a Vancouver lawfirm when he and Newton, lifelong friends, concluded that legal practice software was clunky and expensive, and decided to develop a cloud-based alternative.
The new year begins with news of a new chief executive at Aderant , a global provider of business management software for lawfirms. Cartrett has been with Atlanta-based Aderant since 2014, coming to the company from Thomson Reuters, where he had most recently been vice president, sales and account management, for large lawfirms.
For nearly 30 years, from 1989 to 2017, Miller was with inData Corporation, most of those years as its president and CEO. He created two market-leading products, Trial Director, which came to be used by at least 90% of the Am Law 200, and TimeCoder Pro, for creating searchable, synchronized transcripts and videos.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content