Allen & Overy (A&O) has developed a new online platform in the wake of impending derivatives regulations.
Allen & Overy (A&O) has developed a new online platform in the wake of impending derivatives regulations.
Last week, South African firm Webber Wentzel announced that it was partnering with AI platform Luminance in order to automate its M&A document review. Herein lie two households, both alike in dignity: Webber Wentzel is in alliance with Linklaters, while one of Linklaters’ biggest corporate rivals, Slaughter and May, has a 5 per cent stake […]
Real estate clients surveyed show how important tech is when picking advisers or thinking about future collaborations.
Reed Smith is to open a legal services hub in Leeds, which could house over 100 business services personnel and lawyers.
The Serious Fraud Office (SFO) is making AI document review available on all casework from this month, a move that will enable the processing of half a million documents a day and eventually replace the work of independent barristers.
Newly-merged Bryan Cave Leighton Paisner (BCLP) has launched an internal app for lawyers to access the firm’s new global network and translate UK and US jargon, The Lawyer has learned.
Clifford Chance staff and fee-earners are being encouraged to use their training hours on technology development, with the firm unveiling a new global programme focused on coding, blockchain and cybersecurity.
Dentons is to provide legal assistance and office space to start-ups in the space technology industry, as part of new accelerator programme launched by the firm.
Pinsent Masons has named its first regional head of innovation and project delivery as Alison Laird takes the position for Asia Pacific.
Ashurst has hired its second London lateral to its disputes team this year, recruiting Squire Patton Boggs partner Alison Hardy.
Macfarlanes has joined a number of firms formalising its relationship with AI software Kira Systems in a bid to open up its innovation strategy. Macfarlanes has been late to engage with AI-enabled technology that is already used by firms including Mishcon de Reya, Travers Smith, DLA Piper and Freshfields Bruckhaus Deringer to conduct due diligence […]
Allen & Overy is launching a new graduate scheme in London focusing on legal technology and project management. The scheme will take on four candidates with STEM or Economics degrees in a bid to harness young technical talent. The programme, which will start in September, will mirror the structure of a traditional training contract, though […]
Fieldfisher’s alternative legal solutions arm Condor is partnering with Integreon in the fourth partnership announced by the firm.
Mishcon de Reya has pledged to more than double the number of non-lawyer consultants working in its cyber intelligence unit over the next 18 months.
Allen & Overy (A&O) has recruited its first global head of eDiscovery amid plans to overhaul the firm’s function.
Scott Robson joins the magic circle firm from EY, where he was an executive director in the forensic technology and discovery services group. He was based in the company’s fraud investigation and disputes practice.
Google the words “blockchain and law firms”, and only four names appear on the first results page: Norton Rose Fulbright, Burges Salmon, Clifford Chance and Clyde & Co.
Fieldfisher is experiencing “teething problems” with its new firm-wide technology platform, as partners claim they have been unable to bill clients on time.
Mishcon de Reya has chosen the six companies to participate in a new ‘technology incubator’, named MDR LAB.
Allen & Overy (A&O) is looking at ways to develop its own artificial intelligence (AI) software in-house, The Lawyer can reveal.
Yahoo general counsel Ronald Bell has stepped down from his role following a Securities and Exchange Commission (SEC) filing on a 2014 hack this week, which showed $11m (£8.9m) of losses relating to legal costs.
Slaughter and May will offer five start-ups, including WorldRemit and Tide, up to £30,000 in free services under a new fintech scheme.
In today’s cut-throat market, global law firms are investing significantly in technology to get ahead of the competition.
Royal Mail has launched a ‘Crisis Response App’ developed by its in-house team to help the business react more effectively to a dawn raid or investigation by regulators.
Berwin Leighton Paisner (BLP) has expanded its use of artificial intelligence software in the delivery of legal services with a new case management and workflow platform, called ‘sharedo’.
Fieldfisher has launched an alternative legal services platform led by former Ashurst derivatives partner Christopher Georgiou.
CMS’s German arm, CMS Hasche Sigle, has signed a deal with technology provider Kira to apply its software to transactional advice.
LPO provider Exigent has launched a new tool that it claims combines the power of machine-learning and lawyers’ brains to speed up the processing of contracts by in-house legal teams.
DLA Piper has hired Adam Hembury from Ashurst as director of innovation in EMEA and Asia Pacific.
Artificial Intelligence provider RAVN Systems has appointed former Ashurst CIO David Lumsden as its new CEO.
Gowling WLG is set to start testing the tech and digital ability of its lawyers and staff with a new assessment programme, The Lawyer has learned.
Addleshaw Goddard has struck a deal with technology provider Kira Systems, becoming the latest UK firm to start using artificial intelligence into its provision of legal services.
Osborne Clarke has set up an R&D budget specifically aimed at technology-related innovation as part of a push to grow technology investment levels firm-wide.
Fieldfisher is rolling out a new firm-wide technology platform in what managing partner Michael Chissick describes as “a complete re-engineering of the way we do things”.
The firm has already used the software on a number of “multi-billion dollar transactions” for clients including Balfour Beatty and E.ON.
K&L Gates has made a gift of $10m (£8.07m) to longstanding client Carnegie Mellon University, to study the ethical issues posed by artificial intelligence (AI).
The demand for technology, media and telecoms lawyers has risen dramatically in 2016, new research has revealed.
There is a fundamental problem with innovation in the legal market. As one general counsel pointed out at The Lawyer’s recent Business Leadership Summit, clients understand why technology is a priority to improve the efficiency for their advisers, but it’s not a selling point. After all, what do they get out of it?
A chance conversation late in the evening of The Lawyer’s Hot 100 party this year has led to the in-house profession’s newest grouping: the Disruptive GCs.
Freshfields has adopted AI provider Kira following a year-long trial from its Manchester legal services centre.
Sometimes it really is all about who you know. Only months into his reign as Slaughter and May senior partner, former M&A head Steve Cooke has just introduced artificial intelligence (AI) technology to what is outwardly the most conservative firm in the market. And this is AI that has been purpose built to revolutionise the way Slaughters does deals.
Travers Smith has become the latest firm to adopt AI technology in a bid to boost efficiency.
Norton Rose Fulbright is on the brink of a major step into the unknown, betting the business on global automation. The Lawyer investigates whether it’s a risk worth taking.
EY partner Sanjay Bhandari talks to The Lawyer at the recent In-house Financial Services Conference about the tech that will transform the way in-house teams work, whether Brexit will make innovation more complicated and how to grapple with changing regulation. The Lawyer’s In-house Financial Services conference took place in London on 5 July. Find out […]
Berwin Leighton Paisner (BLP) has launched a free online collaborative platform aimed at senior in-house lawyers.
Clifford Chance has become the latest UK law firm to adopt the use of artificial intelligence (AI) after partnering with software provider Kira Systems.
Ashurst has teamed up with Axiom in a bid to support its financial clients in the first law firm partnership model to be announced by the technology provider.
Artificial intelligence in legal services: a hot topic or hot air?
Ahead of The Lawyer’s In-house Financial Services conference, Tsys lead counsel Solomon Osagie weighs in on how technology can provide a valuable link between in-house legal and compliance teams in The Lawyer’s latest banking and finance special report.
Allen & Overy (A&O) and Deloitte have launched a new system to help banks deal with new regulatory requirements – in the first major collaboration between a magic circle firm and one of the Big Four accountants.
Mishcon de Reya chief strategy officer Nick West discusses the “incredibly exciting” field of artificial intelligence in The Lawyer’s 60-second interview on key topics from the upcoming Business Leadership Summit. Why do you think technologies such as AI and predictive coding are apparently gaining momentum in term of their uptake in the UK legal market? […]
Linklaters has signed a deal with technology provider RAVN Systems, becoming the first magic circle firm to go public with the use of artificial intelligence.
AI may not be coming to law firms any time soon, but the cloud – even with concerns over privacy – and CRM look set to play a greater role in firm management
International interest in Israel’s tech sector has created a thriving market for firms that have adapted to their specialist needs. Now they must do it again for Asian and domestic investors
By Alexa Lemzy How do clients decide whether they’d like to hire a lawyer? According to the 2017 Legal Trends Report, 67% of consumers say that the most important factor in choosing a lawyer is how long it takes for them to respond to their first call or email. This shouldn’t be surprising—often, if your […]
By Ben Hobbs You wouldn’t give your cleaner every single key you own – you’d only give them the keys they need to access the areas of a house or office that require cleaning. Companies can and must apply a similar approach when it comes to safeguarding their information…
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Law firms and in-house teams are bombarded with new technologies. Here’s how to see through the fog and lay the foundations to build your future-focused legal team By Craig McKeown, Umang Paw For legal teams – whether in law firms or working in-house – technology is more front-of-mind than ever before. It’s not hard to […]