NewLaw provider Elevate targets banking clients with latest acquisition

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A borrower can now challenge symbolic possession under the Sarfaesi Act

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Expanding New Law provider Elevate takes Halebury under its wing

Flexible lawyering group Halebury has been acquired by Elevate as the latter sets out plans to build an alternative legal services company that can provide a “one-stop” solution for clients. The combination allows Elevate to provide private equity and in-house teams with legal consultants available for specific projects, and technology and managed services. John Croft, […]

John Croft

Paul Hastings wins role for Elevate in latest legal tech acquisition

Provider Elevate has acquired AI firm LexPredict, in a move that hints at rising consolidation in the market of alternative legal services providers. Elevate was advised during negotiations by a Paul Hastings team led by Century City M&A partner David Hernand that included corporate associates Christopher Edwab and Tashiana Hudson, as well as Los Angeles-based counsel Ron […]

Richard Punt

Another loss for A&O as Peerpoint CEO leaves firm

Allen & Overy’s CEO of Peerpoint, Richard Punt, is leaving the firm after spearheading the contract lawyer business for five years, The Lawyer can reveal. Punt joined A&O as chief executive officer of Peerpoint in 2014, just under a year after it launched. He had previously been at Deloitte for 18 years, where he was managing partner for […]

A&O has largest law firm flex offering as revenue soars

Allen & Overy’s (A&O) contract lawyers arm Peerpoint is the largest revenue generator of any law firm-linked flexible working service, with a UK revenue of £25m this year, it can be revealed. Peerpoint’s rapid growth since launching five years ago is a clear indication of a change in sentiment towards the use of contract lawyers […]

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