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European late stage private equity firm TPG has agreed to buy a majority stake in Thomson Reuters Elite at a valuation of $500 million. The announcement was made internally at …
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SurePoint, a company that provides practice management, financial and client relationship products for mid-sized law firms, today announced the appointment of a new CEO, Eric Thurston, a veteran business-transformation leader with more than two decades of experience scaling and leading high-growth software and services companies across several verticals, including legal. 
Venture investor Mike Suchsland, a veteran of…
Continue Reading New CEO at SurePoint, Eric Thurston, Says His Focus Will Be On Customer Service And Company Growth

LeanLaw, a company that provides a financial operating system for small and mid-sized law firms, said today it has raised $4 million in a Series A financing round led by FINTOP Capital.
Based in Boise, Id., LeanLaw’s cloud-based product provides IOLTA trust accounting, time and expense tracking, billing, matter management, electronic payments, and reporting.
LeanLaw integrates and synchronizes…
Continue Reading LeanLaw, Cloud-Based Legal Financial System for Law Firms, Raises $4M Series A Round

At its LEX Summit user conference this week, the law practice management company Filevine made two major product announcements, and its CEO outlined a broad vision for incorporating AI throughout the company’s products.
The first of the two product announcements is a feature that uses artificial intelligence to translate client documents and then extract and label data from those documents…
Continue Reading Filevine Unveils AI-Driven Immigration Forms, Accounting Integration with Oracle NetSuite, and A Broad Vision for AI

The folks at Helm360 have been putting their knowledge as a full-service IT company to another use of late, developing products that build on their experience implementing technology solutions for  legal and professional services firms. 
I wrote about one of these products in May, Termi, an AI-enabled chatbot that aims to solve the problems of slow tech adoption and…
Continue Reading New Tool from Helm360 Automates Firms’ Testing of Elite 3E Implementations to Save Time and Cost

It has been a notable year for the practice management company MyCase, one in which it made four notable acquisitions of other practice management products, and then itself was acquired by AffiniPay, the parent company of the electronic payments platform LawPay.
Today, we are seeing the fruits of two of those acquisitions, as MyCase rolls out legal…
Continue Reading MyCase Rolls Out Built-In Accounting and Integrated Document Automation