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This trend toward the increasing technology in law is echoed by industry analysts. In fact, legaltechnology is far more accessible and affordable than even two years ago. As a result, nimble small and medium-size firms can level the playing field and increase growth by understanding and leveraging technology.
The law practice management company MyCase has quietly acquired two legaltechnology companies in recent months, without announcing the acquisitions to the public. Around the same time, MyCase acquired Woodpecker , which provides legaldocumentautomation software for solo and small law firms.
It began by acquiring Bill4Time in 2017, followed by PracticePanther in 2018, MerusCase in 2019, and Headnote in 2020. LawSites also broke the news in July that MyCase had acquired case management platform CASEpeer and documentautomation company Woodpecker. No Stranger to Legal Tech. 22, 2021).
As awful as was the year 2020 for so many reasons, my year-end report last year found reasons to be optimistic. The silver lining of 2020,” I wrote, “is that we have been forced to consider changes that were long overdue and then given the opportunity to implement those changes.”. It is as if we are serving time in a legal tech limbo.
Out of 65 products named in this year’s awards, just two legaltechnology products made the cut: Evisort , a company that provides AI-driven contract management for legal, procurement, sales, finance and IT teams; and Onit , a company that provides enterprise workflow products for corporations and corporate legal departments. .
.” This is the fourth acquisition by McCase since September 2020, when the company was sold for $193 million to private equity firm Apax Partners. Last November, MyCase announced another acquisition , of the cloud-based legal accounting company Soluno. Related: Learn more about MyCase on the LawNext LegalTechnology Directory.
A legal industry report released today by the sibling legaltechnology companies LawPay and MyCase provides unique insights into the technology tools that matter most to smaller law firms in the post-pandemic era. Little Interest in M&A Activity. Laid the Foundation.
Zach Posner cofounded The Legaltech Fund in 2020 as the first venture capital firm laser-focused on law and legaltechnology. Woodpecker , legaldocumentautomation for solo and small firms. . We appreciate their support and hope you will check them out. . A reminder that we are on Patreon.
Here is your chance to help pick the legaltechnology startups that will be selected for the sixth-annual Startup Alley at ABA TECHSHOW 2022. Traction: We have 30+ solo and small law firm subscriptions since coming out of a soft launch in December 2020. Founded: 2/20/2020. Founded: 4/1/2020. We need your vote!
“I’m particularly excited to broaden our relationships with legaltechnology and service providers through integrations and partnerships so that we can provide the most complete and easy-to-adopt ecosystem of legal software to law firms.”.
Jack Newton is the founder and CEO of the legaltechnology company Clio , whose products include Clio Manage for practice management and Clio Grow for CRM and client intake. Last year, it acquired two additional products, Lawyaw for documentautomation and Calendar Rules for court calendaring. Jack Newton, Clio.
Demo video: [link] Founded: 10/28/2020, Vancouver, BC, Canada Target customer: Solos, small and medium size firms. N/A Briefpoint Elevator Pitch: Briefpoint is an out-of-the-box documentautomation platform that litigators use to draft discovery documents within minutes of their first sign-in. Anything else?
Apax, which purchased MyCase in September 2020 for $193 million, will become a minority investor and take a seat on the board. ” Related: Learn more about MyCase on the LawNext LegalTechnology Directory. Learn more about LawPay on the LawNext LegalTechnology Directory.
Zach Posner cofounded The Legaltech Fund in 2020 as the first venture capital firm laser-focused on law and legaltechnology. Woodpecker , legaldocumentautomation for solo and small firms. A reminder that we are on Patreon.
As awful as was the year 2020 for so many reasons, my year-end report last year found reasons to be optimistic. The silver lining of 2020,” I wrote, “is that we have been forced to consider changes that were long overdue and then given the opportunity to implement those changes.”. It is as if we are serving time in a legal tech limbo.
If queried, most law firms would point to March of 2020 as the point in time that everything changed. Abacus Payment Exchange (APX) is a proprietary tool that has been built from the ground up and engineered exclusively for law firms.
That being said, embracing technology (and technology changes) hasn’t always come naturally to legal professionals. Law firms have historically been reluctant to adopt new technology. . Since 2020, the upward trend of law firms adopting new technology has continued. Documentautomation .
Here is your chance to help pick the legaltechnology startups that will be selected for the sixth-annual Startup Alley at ABA TECHSHOW 2022. Traction: We have 30+ solo and small law firm subscriptions since coming out of a soft launch in December 2020. Founded: 4/1/2020. Founded: 9/1/2020. Dashboard Legal.
This week on The Geek in Review podcast Marlene Gebauer and Greg Lambert featured guests Colin Levy , Ashley Carlisle , and Dorna Moini discussing Levy’s recently published book “ Handbook of Legal Tech.” Levy edited the book and contributors included Moini, Carlisle’s CEO, Tony Thai, and many more legaltechnology experts.
Demo video: [link] Founded: 10/28/2020, Vancouver, BC, Canada Target customer: Solos, small and medium size firms. N/A Elevator Pitch: Briefpoint is an out-of-the-box documentautomation platform that litigators use to draft discovery documents within minutes of their first sign-in. Founded: 8/1/2020, Ghent, Belgium (HQ).
This week on The Geek in Review podcast Marlene Gebauer and Greg Lambert featured guests Colin Levy , Ashley Carlisle , and Dorna Moini discussing Levy’s recently published book “ Handbook of Legal Tech.” Levy edited the book and contributors included Moini, Carlisle’s CEO, Tony Thai, and many more legaltechnology experts.
This was the International LegalTechnology Association’s return to a live event, and I had fully intended to be there in the flesh. Price Wars in Legal Research Mean Deals for Small Firms; I Compare Costs (May 23, 2019). The 20 Most Important LegalTechnology Developments of 2018 (Dec.
This was the International LegalTechnology Association’s return to a live event, and I had fully intended to be there in the flesh. Price Wars in Legal Research Mean Deals for Small Firms; I Compare Costs (May 23, 2019). The 20 Most Important LegalTechnology Developments of 2018 (Dec.
In today’s rapidly-evolving legaltechnology landscape, there is an abundance of tech tools available to help set law firms up for success. For example, Clio Duo will bring the power of generative AI legaltechnology to Clio’s legal software tools, beginning with Clio Manage , in 2024.
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