Legal tech ‘App Store’ Reynen Court has brought in Sylvia Khatcherian formerly at Morgan Stanley and currently Deputy General Counsel at one of the world’s largest hedge funds, Bridgewater Associates, as a member of its board of directors.
Khatcherian has worked at Bridgewater since January 2015. (And worth mentioning that the fund manages over $150 billion in capital….wow.)
The tech platform has a habit of bringing in big hitters to its board, which also includes Tom Glocer, now at Morgan Stanley and previously CEO of Thomson Reuters.
The new appointment follows the announcement in August that Reynen Court, established last year with support from a consortium of nineteen leading global law firms, had launched a Beta version of its platform.
Its goal is to speed the adoption of AI and other new technologies by sidestepping issues related to using cloud-based technology via a ‘one stop shop’ approach where users engage directly with Reynen Court to make use of a variety of applications.
Reynen Court founder and CEO Andrew Klein, said: ‘Sylvia will guide us as we build support for moving law firm and client content out of traditional on-premise data centers and into firm controlled but third-party hosted virtual private clouds. As an immensely respected lawyer and risk manager, she has decades of experience safeguarding the proprietary content of sophisticated financial institutions, precisely the client base that generally holds their service providers and technology vendors to the most exacting security standards.’
Khatcherian added: ‘By accelerating the adoption of legal technology, they have the potential to truly transform the legal industry for the benefit of law firms, their clients and society. Their timing seems incredibly right. The talent of the team together with the unique law firm support gives me high confidence they are on the path to creating an extraordinary company.’