Trending In Legal Transformation

Your #1 source of legal transformation knowledge.

Law firms are “still conservative” in their tech investment, with 77% of the firms surveyed using five or fewer unique software solutions. This conservative approach helps to reduce the chance that “software clutter” and “tech fatigue” will negatively impact company workflow, it argues. But it also means that firms need to be highly selective, ensuring the tech they use is fit for purpose.   


News, Stories and Podcasts

UAE-founded legaltech startup Clara is entering into a partnership with US law firm Mintz, marking its entry into the US market, it announced in a statement earlier this week. 

UK-based, AI-powered global expansion platform Centuro Global has raised GBP 3.3 million from UK venture capital investment firm Mercia to fuel its growth plans, it announced in a statement last week. 

Generative AI firm Harvey is continuing to make headlines, announcing last week that it had secured USD 21 million in Series A funding. The round was led by US venture capital firm Sequoia.

Schoenherr, one of the leading firms in Central and Eastern Europe, decides to set itself as a trendsetter, in light of the growing hype around artificial intelligence and GPT4.

Crespect, a legal tech startup from the Baltics, secured EUR 227,000 from the European Regional Development Fund. The company also obtained the first tranche of seed investment worth EUR 605,000. 

US-based private equity firm TPG has stepped into the legal tech market by acquiring a majority stake in Elite — Thomson Reuters’ vendor of business management software for law firms.