Global News
Clio, the global leader in legal technology, announced it has raised US $900 million, based on a US $3 billion valuation, in a Series F investment round led by New Enterprise Associates (NEA). The round also includes new partners Goldman Sachs Asset Management, Sixth Street Growth, CapitalG, and Tidemark, who join current investors TCV, JMI Equity, funds and accounts advised by T. Rowe Price Associates, Inc. and by T. Rowe Price Investment Management, Inc., respectively, and OMERS. Marking a new era in its growth journey, Clio will continue to expand its multi-product platform, including further investments in its burgeoning AI portfolio and integrated legal payments.
Global News
LexisNexis® Legal & Professional, a leading global provider of information and analytics, today announced it has completed its acquisition of Henchman, a legal tech company that enriches data from Document Management Systems (DMS) for faster document drafting. Belgium-based Henchman has 170+ legal and corporate customers globally including top U.S. and European law firms and companies.
UK News
Ascertus Limited announces a strategic partnership with matter and spend management platform, Lawcadia. This partnership responds to a growing need in corporate legal departments to streamline operations, from intake and triage, matter and workflow management, to spend management and reporting. This relationship with Lawcadia strengthens Ascertus’ reputation as an independent solutions provider offering a broad portfolio of best-of-breed products complementary to the iManage Work platform.
UK News
Zylpha, a leading provider of technology solutions for the legal profession, is celebrating a significant achievement: reaching 3000 sign-ups to their online bundling software. This milestone is a testament to Zylpha's commitment to transforming document bundling and delivering cutting-edge technology solutions to the legal industry.
Global News
Reed Smith today announces that Ryan McEnroe, its former global director of IT operations and customer services, is now the firm’s new chief information officer. He will oversee IT across the firm’s more than 30 offices in the United States, Europe, Middle East and Asia.
Global News
iManage, the company dedicated to Making Knowledge WorkTM, today announced that it has expanded the data centre footprint that supports the iManage Cloud knowledge work platform by adding new data centres in Switzerland and the United Arab Emirates (UAE) built on Microsoft Azure.
Australasia News
ShareDo, a leading provider of legal case management systems, is delighted to announce that Carroll & O’Dea Lawyers has selected ShareDo to enhance their case management capabilities. This strategic move underscores Carroll & O’Dea Lawyers’ commitment to delivering exceptional client experiences and optimizing operational efficiency across their legal practices.
Global News
Today the Special Interest Group (SIG) of the International Legal Technology Association (ILTA) released its draft of a Best Practice guide for the use of Active Learning technologies in managing electronic discovery or disclosure in litigation and called on all sector professionals to provide feedback. One of the driving forces behind ILTA is that sharing knowledge empowers everyone and serves the ends of justice.
Global News
Leya, a pioneer in AI-driven legal technology, is thrilled to announce the successful raise of $25 million in a Series A funding round. The round was led by Redpoint Ventures, with participation from existing investors Benchmark, Y Combinator, and Wayfinder Ventures, with the new addition of Alt Capital.
USA/Canada News
Source Consulting Group has joined Elite’s Premier Delivery Partner program, becoming the third partner organization to join the program since its launch. The Premier Delivery Partner Program, which was first announced at VANTAGE London in March 2024, enables customers to work directly with a small number of service partners on their full cloud implementation and other post-implementation needs for 3E®.
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