ALSP
UK Government Legal Procurement ‘Limits Playing Field’ for ALSPs
Factor, the pioneering ALSP, has claimed that the UK Government’s procurement of legal services excludes providers that are not ‘full service’, which then ‘limits the …
Digital Contract Standards
Legal Schema ‘Universal Structured Data Format’ Project Goes Live
Legal Schema, a project to develop a ‘universal structured data format for the creation and interactivity of digital contracts’, has now formally launched. It’s the …
Investment + CLM
CLM Lexion Bags $11m, Wilson Sonsini Invests Again
Lexion, an AI-powered CLM system, has announced an oversubscribed $11m Series A round led by Khosla Ventures, with participation from existing investors Madrona Venture Group …
Entity Management
EY Rolls Out Entity Management Platform (+ Why It Matters)
Big Four firm, EY, is rolling out its new entity management platform, which it believes is going to play a critical role as corporates move …
Investment
HighQ Co-Founder Joins Contract Mill €1m Funding
No-code document automation platform Contract Mill has bagged around €1m ($1.2m) in new funding, with the participation of the co-founder of HighQ, Veenay Shah. The …
Market Trends
The Great Legal Bifurcation
Data collected about demand for ALSPs by Wolters Kluwer underlines just how far they are winning the argument over using non-traditional structures to achieve efficiency, leading this site to consider that we are seeing a clear separation in the means of production now that we can call the Great Legal Bifurcation. …
Market Trends
Culture Eats Legal Tech For Breakfast (Again) – Wolters Kluwer Survey
Wolters Kluwer has just published its latest Future Ready survey of the market. It’s got oodles of data, but the one thing that stood out …
Law Firm Innovation
The Seven Pillars of Legal Innovation at Addleshaw Goddard
Back in the old days most law firms just had a KM function and some form of ‘keep the lights on’ traditional tech team. Since …
Contract Management
A Contract Management Blueprint for Agile Businesses
By Lexical Labs Agile businesses scale fast. New opportunities are their lifeblood. Where other businesses see danger, agile businesses are exhilarated by untapped potential. Adapting and reinventing themselves …
The Economics of Legal Tech
Could Legal Tech Cost Less?
Could legal tech cost less, and if it did, would that help with client adoption? That is the question that Artificial Lawyer decided to ask …