It is a day of major legal tech deals. Following news earlier today of the merger of Fastcase and vLex, now comes news from Thomson Reuters that it is selling off a majority stake in Elite, its suite of law practice management and financial products for larger law firms, to TPG, a global asset management firm, making Elite a
Continue Reading Thomson Reuters Spins Off Elite As Independent Company Now Owned By Asset Manager TPG
As part of the sale, Thomson Reuters will maintain a minority stake in Elite , which includes 3E, ProLaw, eBillingHib and Mattersphere, and actively support its ongoing development.
Continue Reading Thomson Reuters Sells Majority Stake in Elite Product Business to TPG
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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LegalTech Breakthrough today (15 November) announced KPMG Australia as the winner of the “Overall Legal Analytics Solution of the Year” award for their Legal Function Assessment Suite tool. LegalTech Breakthrough …
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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