Tagged: legaltech

February 16, 2025 @ 10:30 am By Omar Faridi  |  

Elite, a provider of financial management and business operations solutions to law firms, announced the launch of Elite Validate, a “purpose-built” billing compliance solution – powered by AI – that will transform and optimize how law firms manage adherence to Outside Counsel Guidelines (OCGs). Elite… Read More

January 28, 2025 @ 8:25 pm By Omar Faridi  |  

Brightflag launches Matter Updates to further its goal of providing in-house professionals with complete visibility into legal work and spend. Ian Nolan, founder and CEO of Brightflag said: “To effectively deliver legal services, it’s essential that in-house leaders understand how legal work is progressing. Matter… Read More

January 26, 2025 @ 3:32 pm By Omar Faridi  |  

Juro, a contract automation platform leveraging artificial intelligence, has announced the opening of its US headquarters in Boston. This move aims to strengthen its presence in its largest market, accelerate growth, and enhance support for its US customer base. Founded in London in 2016, Juro… Read More

November 26, 2024 @ 8:50 am By Omar Faridi  |  

Brightflag, an AI-powered e-billing and matter management platform for corporate legal departments, launched Ask Brightflag, which is described as the first generative AI assistant for legal spend and matters. E-billing and matter management tools are said to serve the following purposes: They perform tasks, like… Read More

November 9, 2024 @ 7:42 pm By Omar Faridi  |  

Fenchurch Legal, a specialist in litigation funding for small and medium-sized UK law firms, has partnered with Altify, an alternative investment platform connecting investors with tokenized private market assets. This collab will now aim to offer investors access to Fenchurch Legal’s litigation funding investments via… Read More

August 22, 2024 @ 9:09 pm By Omar Faridi  |  

Elite, a provider of financial management and business operations solutions to the world’s most successful law firms, and Brightflag, the AI-powered e-billing and matter management platform for in-house legal teams, have launched a new integration which seamlessly connects two of the legal industry’s legal invoicing… Read More

March 22, 2024 @ 11:10 am By Omar Faridi  |  

Now in its third year, Brightflag’s annual Corporate Legal Operations Compensation Report captures data to help legal operations professionals, General Counsel, and HR leaders better understand fair market compensation and recent salary trends. The survey that forms the basis of the report was conducted in… Read More

December 22, 2023 @ 9:21 am By Michael Wong  |  

LawFi, a mobile-first digital lending and payments platform for the legal profession, has announced raising $1.5 million in its pre-Seed funding round. The round, which will help finance the startup’s expansion, was backed by investment firm Capital Q Ventures and its fund CAPQ BDC. LawFi… Read More

December 14, 2023 @ 9:27 pm By Omar Faridi  |  

UAE-based legaltech Clara announced its acquisition of BOTH Corporate Services Limited (BCS), a provider of corporate services in Abu Dhabi Global Market (ADGM). This deal is a key milestone for Clara as it initiates “an acquisition strategy to expand its customer base and extend its… Read More

May 16, 2022 @ 1:18 pm By Omar Faridi  |  

Legal technology firm LawAdvisor Ventures has announced that it secured $5 million of investment across its portfolio of ventures in a seed round “involving some of the legal industry’s most influential thinkers.” The capital injection reportedly “includes investment from Ralph Baxter (former Chairman and CEO… Read More

May 10, 2022 @ 8:12 am By Omar Faridi  |  

Legaltech company PocketLaw recently confirmed that it has finalized a €10 million Series A round that was led by European venture capital firm, Atomico. Targeting legal services for small and medium-sized firms, PocketLaw’s (software-as-a-service) SaaS platform provides contract creation, legal discovery, execution, storage, and various… Read More

May 5, 2022 @ 3:44 pm By Omar Faridi  |  

Allen & Overy’s technology innovation hub, Fuse, has launched its sixth cohort with “a record number of technology companies.” This year, Fuse will host 16 businesses headquartered across the U.S. and Europe as it “reopens its physical space in A&O’s London office, which it will… Read More

April 14, 2022 @ 10:27 am By Omar Faridi  |  

London-based Clara, a legal OS offering an integrated set of self-service tools to help founders digitally form, manage and scale their startups, has announced that it has secured investment from The LegalTech Fund as the platform “emerges from its beta phase, taking its total seed… Read More

January 18, 2022 @ 12:01 pm By Omar Faridi  |  

Legal Utopia, a powerful AI-enhanced app with the aim of “connecting legal consumers with a vast network of legal services,” has acquired 77% (£154,906) of its £200,000 target from 50 investors (at the time of writing) through a crowdfunding campaign carried out via Seedrs. With… Read More

December 27, 2021 @ 1:40 pm By Omar Faridi  |  

The blockchain and crypto-assets space has grown tremendously during the past 18 months due in part to the acceleration of the ongoing digital transformation. Many more consumers and business organizations are completing tasks online instead of visiting physical locations to avoid the further spread of… Read More

December 23, 2021 @ 9:12 am By Omar Faridi  |  

Astra Protocol is pleased to confirm that it has acquired $9 million via its token raise. In addition, various investment groups and individuals have supported the Astra Protocol project, confirming the requirement for decentralized compliance in the DeFi sector. According to Astra, things are progressing… Read More

August 1, 2021 @ 11:23 am By Omar Faridi  |  

The Dubai International Financial Centre (DIFC), a special economic zone in Dubai covering 110 ha, established in 2004 and a financial hub for the MENA region as well as South Asia markets, has reportedly invested an undisclosed amount in UK-headquartered Legaltech firm Clara. Clara has… Read More

April 12, 2021 @ 8:11 am By Samantha Hurst  |  

    Thirdfort, a UK-based Legaltech startup, announced on Monday it secured £1.5 million through its latest investment round. The funds come just a little over six months after Thirdford raised £1 million. As previously reported, Thirdfort stated it is enabling solicitors and licensed conveyancers to… Read More

November 2, 2020 @ 6:01 pm By Omar Faridi  |  

Allens is reportedly seeking applications for its legal accelerator program, called Auctus, which was introduced on November 2, 2020. The program is being offered through a partnership with Collective Campus, a corporate innovation consultancy, and startup accelerator. The Auctus Legal Accelerator program provides innovators and… Read More

September 23, 2020 @ 8:21 pm By Omar Faridi  |  

Around two-thirds or 67% of in-house attorneys at fast-growth firms said they were spending too much time doing “low-value” work, according to the results of a survey shared by Artificial Lawyer. Another survey, cited by JD Supra, of 1,057 legal professionals reveals that a third… Read More