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CBI confirms details for taxonomy regulation and SFDR level 2 fast track processes

On 15 November 2021, the Central Bank of Ireland (“Central Bank”) issued a Notice formally confirming its intention to establish a fast-track filing process and also clarified the filing requirements for pre-contractual documentation updates in relation to the Taxonomy Regulation (“TR”) and Sustainable Finance Disclosure Regulation Level 2 measures (“SFDR L2”). The TR requirements will […]

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Elevate undergoes restructuring in IPO prep

US-headquartered New Law business Elevate has carried out an internal reorganisation following a spate of acquisitions over the past year. The process comes as the provider concludes the integration process to incorporate four different companies purchased over the course of 2018 and 2019, including legal AI technology and consultancy LexPredict, contract lifecycle management provider Sumati […]

Hogan Lovells strikes deal with Elevate for new legal services hub

Hogan Lovells is debuting a new legal services delivery hub in the US as part of a multimillion-dollar contract struck with provider Elevate. Located in Phoenix, Arizona, the centre will provide global document review exercises with a wider range and less costs. It will specialise in matters specifically related to US litigation document review matters […]

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New Law business Elevate hits record revenue high

Turnover at US-headquartered New Law business Elevate reached a record £76m last year, The Lawyer can reveal, including £20m generated by the law company’s business in the UK. The global revenue figure, which includes turnover from several of the acquisitions Elevate has made over the past year and features in this year’s UK 200 report, […]

Elevate acquisition pays off in deal with magic circle firm

Clifford Chance has adopted one of the platforms acquired by provider Elevate over the past year to support scientists working in the firm’s legal tech hub. The firm has chosen LexPredict’s Contraxsuite, an open-source contract analytics and legal document platform which last November was acquired by provider Elevate. The tool will be used by around 10 members […]

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