Legaltech News is a platform that provides the latest news on legal technology hirings, product and feature releases, new integrations, legal tech M&As, and more. The Legal Tech Rundown is a periodic update of legal tech stories that may have gone unnoticed in the past few weeks. Here are some recent stories covered in the Legal Tech Rundown:
- Axiom Advice & Counsel Appoints Three New Partners to Its Team
On March 28, Axiom Advice & Counsel, a law firm based in Arizona, appointed three new partners to its team. Zoila Mena Harpin, who previously served as the director of legal at GoDaddy’s U.S. Independents business units, was among the new partners, along with Andrea Liburdi, who formerly served as the general counsel of BASIS Independent Schools and BASIS Educational Ventures. Lastly, Rachel Tenin joined Axiom from Polsinelli, where she was a senior associate in the capital markets and commercial lending practice.
- Casepoint Wins Five-Year Contract with U.S. Courts Defender Services Office
E-discovery provider Casepoint announced on April 4 that it secured a new five-year contract with the U.S. Courts Defender Services Office. The agreement includes the provision of data ingestion, processing, hosting review, and analytics services to federal defenders operating under the Criminal Justice Act. Casepoint, which currently holds contracts with six different government agencies, such as the Department of Defense, the U.S. Securities and Exchange Commission, and the Department of Veterans Affairs, underwent a rebidding process that required new security and project management plans. Despite already having a prior relationship with the DSO, Casepoint successfully won the new contract.
- Epiq Adds Five New Capabilities to Its Metrics that Matter Service
Epiq, the technology and services company, announced on March 21 that it had added five new capabilities to its Metrics that Matter service, which provides legal professionals with an array of metrics and reporting dashboards in one platform. The new features include single sign-on access through Epiq Access, a practice-level dashboard for contracting, regulatory and compliance, litigation, legal operations, and mergers and acquisitions, an expanded critical performance indicator catalog to more than 300 KPIs, a natural language processing model to eliminate data silos, and litigation reports for e-discovery clients.
- Everlaw Secures Multiyear Contract with The Virginia Information Technologies Agency
On March 30, e-discovery provider Everlaw secured a multiyear contract with The Virginia Information Technologies Agency (VITA), the state’s cybersecurity and information technology executive branch agency. The provider will offer services to various cities, counties, and towns within Virginia and other state government entities.
- Hogan Lovells Launches Encryption Assistant to Support Clients’ Internal Encryption Classification Process
Hogan Lovells, the international law firm, announced on March 31 that its international trade and investment practice had launched the Hogan Lovells Encryption Assistant, which supports and manages clients’ internal encryption classification process. The Assistant is a free portal on the firm’s website that uses a questionnaire to help users understand their reporting obligations and reminds them of deadlines. The firm also offers a tailored version of the Assistant for clients with specific maintenance and encryption classification requirements.
- Josef Launches AI-Powered Knowledge Management Product Josef Q in Beta for Free
Josef Q, the new GPT-4 powered tool from the Australian no-code legal automation platform Josef, will be launched in beta for free on April 12. Josef Q is an AI-powered knowledge management product that creates digital Q&A-style tools to help law firms and legal departments with frequently asked questions.
- Kuberno Closes Series A Funding Round, Announces Partnership with Nasdaq Governance Solutions
Kuberno, a platform that simplifies legal entity management by automating administrative tasks and generating data insights, has closed a £3.5 million (USD 3.85 million) Series A funding round on April 12, with Nasdaq Ventures leading the financing. According to a press release, the company has also announced a commercial partnership with Nasdaq Governance Solutions, which will integrate Kuberno's product into Nasdaq's suite of governance solutions.
- LawFlex Rolls Out Antitrust Department Headed by Lawrence B. Landman
LawFlex, an Israel-based alternative legal services provider, has unveiled a new antitrust department led by international competition attorney and business adviser Lawrence B. Landman. The department will draw on the expertise of attorneys from around the world to negotiate contracts while considering antitrust laws from 24 jurisdictions, according to a press release issued on March 28.
- PwC U.K. Collaborates with AI-Powered Contract Life Cycle Management Provider ContractPodAi
PwC, a professional services company in the UK, has announced a collaboration with ContractPodAi, an AI-powered contract life cycle management provider. This partnership is part of PwC's technology-driven blueprint for transforming how tax, legal, and people services are delivered. The aim is to standardize the company's end-to-end contract process, automate the contract life cycle before signing, collaborate on documents in real time, and use ContractPodAi's AI assistant Leah to streamline its processes further.
- Wolters Kluwer Regulatory and Legal launched a Bank Failures Toolkit on its VitalLaw platform.
Wolters Kluwer Regulatory and Legal launched a Bank Failures Toolkit on April 3 via its VitalLaw platform. The toolkit provides an array of tools and strategies that a corporate legal department can deploy should one or more banks fail. The resources in the device include a guide to bank failures, due diligence checklist, a risk exposure checklist, a transition checklist, a communications checklist, and a litigation and investigations tracker. This launch comes in the wake of the high-profile collapse of the Silicon Valley Bank.
