Legal Tech IPO

Nuix Set For $1.3 Billion Valuation Legal Tech IPO

2nd December 2020 artificiallawyer 0

Nuix, a company started 20 years ago in Australia and which is now a global player in eDiscovery and complex data investigations, looks set to finally list on the ASX this week in what is a rare IPO for the legal tech market. After some months of speculation the goal is to raise AUS$275.6m (US$203m) – which according to Australian experts gives the company a valuation of AUS$1.8 billion or US$1.33 billion.

The Innovator's Dilemma

Incremental Innovation is Great…Until it Harms Your Business

1st December 2020 artificiallawyer 2

In the ‘Innovator’s Dilemma’, the Harvard Business School professor, Clayton Christensen, states that the best route to success is to listen to your clients, but at the same time the problem is that listening to your clients is also one of the main reasons why businesses fail, especially in the field of technology. How can that be and what does that have to do with law firm innovation? Read on.

Visualisation Tools

StructureFlow’s Three Dimensions of Visualisation

30th November 2020 artificiallawyer 0

StructureFlow is different to many other legal tech companies. This is because it operates in a graphical world of visually representing how lawyers work. Perhaps the easiest way to explain StructureFlow is to say it helps lawyers create an interactive image of what a deal looks like, what is contained in that deal in terms of links to documents, and what stage the parties are at in the transaction.

Big Four

EY’s New LMS Boss on Process, Pricing + Tech

25th November 2020 artificiallawyer 0

Last year, Big Four firm EY bought Pangea3 from Thomson Reuters as part of a major strategic play to rapidly build up its Legal Managed Services (LMS) arm. Artificial Lawyer spoke to John Knox, the new head of the LMS group about its business model and where it is headed now.

KM

iManage + Foundation: Deeper Insights, More Powerful KM

25th November 2020 artificiallawyer 0

Knowledge is not a static asset. And for organizations like law firms, professional services entities, legal departments, and others where know-how and knowledge is the work product they are trading on, it’s critical to be able to find, access, and act on the ever-increasing stores of collective knowledge with speed and accuracy.