Legal tech

Work Better: How Ashurst created its first digital legal advice product

“In early 2021, the Sustainable Finance Disclosure Regulations (the SFDRs) were looming albeit it with a staggered implementation timetable. To help our financial services clients prepare we wanted to offer a quick, reliable and updated digital advice solution”, recalls Ashurst head of digital experience strategy and transformation Sarah Chambers. Chambers combines a background as a […]

Work Better: How DAC Beachcroft took inspiration from the criminal justice system to help insurance clients

DAC Beachcroft (DACB) was aware that its insurer clients were constantly striving to find new and innovative ways to improve their customers’ claims journey in the hope that, if a customer had a positive experience, they were more likely to renew with their existing insurer. However, insurers’ customers regularly find it confusing when their insurance […]

Work Better: How DLA Piper used AI to detect cartel risk for clients

Despite regulators and competition authorities becoming more sophisticated with their ability to detect and investigate anti-competitive behaviour, DLA Piper legal director Ilan Sherr says historically the firm’s clients had struggled to pinpoint cartel risks within their organisations. Working with Australian partner Simon Uthmeyer and US partner Lisa Tenorio-Kutzkey, Sherr developed and delivered Aiscension, an artificial […]

Baker McKenzie launches £100,000 fintech fund

Chicago-based Baker McKenzie has launched a £100,000 fintech counsel fund. The fund was initiated after the UK’s fintech week which took place 4-8 April. It’s purpose is to provide legal support to three budding fintech companies over the course over six months and is open to all fintech companies based in the UK. The fund […]

LOD rules out IPO in growth strategy

Lawyers on Demand (LOD) is steering clear of an initial public offering, in a year when it put a new M&A acquisition under its belt. In the last financial year, global revenue at LOD decreased by 2 per cent from £56.7m to £55m, while UK revenue grew slightly from £22m to £23.5m. The figures mark […]

A&O launches second legal services hub in Australia

Allen & Overy is set to open its second advanced delivery centre in Australia, months after it scrapped the idea of opening a similar hub in South Africa. The new centre, located in Perth, will comprise legal support professionals and associates as well as dedicated project management and e-discovery specialists. The launch comes as the […]

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Slaughters partners to fund tech startups

Slaughter and May partners will be able to invest their own money in tech startups enrolled in the firm’s incubator programme. It is the first time Slaughters gives its partnership opportunities for direct investment in companies involved in its 2019-launched Collaborate accelerator, which next year kicks off its third edition. Collaborate cohort members will be […]

A&O’s Peerpoint expands in Middle East

Allen & Overy’s flexible resourcing business Peerpoint has launched in Dubai, the latest jurisdiction included in its offering. The firm debuted its services in the United Arab Emirates in May, and it is now fully operational. The launch was driven by demand for projects within the firm’s network and from external clients over the years. […]