LawSites

A blog covering legal technology, legal ethics and innovation in law.

The practice management platform Rocket Matter, whose launch in 2009 alongside Clio helped usher in a new generation of cloud practice management platforms, has been acquired by a private equity firm. It will become part of a new company, ProfitSolv, that will focus on billing, payments and software for professional services firms. The new company was formed by Lightyear Capital LLC, a New York privacy equity firm focused on financial services, as the lead investor, with a significant minority stake held by Greater Sum Ventures. Two other companies have also been acquired and made part of the new company,…
Though the debate of whether or not law firms should embrace legal technology continues, the pandemic has brought to light the advantages of document automation.  Since mid-March, the COVID-19 pandemic has fundamentally altered the way law firms operate. While some firms were forced to adapt on the fly as they spent weeks setting up a viable virtual office, other firms were well-suited to handle the situation as they already had the necessary digital infrastructure in place. As law firms continue to adapt to the current climate, legal professionals are increasingly seeing the benefit of utilizing legal technology — and, in…
If you have not yet checked out LawSitesResources.com, it is a frequently changing collection of white papers, e-books and other resources, all available at no cost. The page currently lists 20 different resources, covering topics that range from CCPA compliance to data privacy to the law firm of tomorrow. This week’s featured resource is a free report, How Parenting Plans Are Being Modified During COVID. Written for family lawyers and family law professionals, the report focuses on COVID-19’s impact on child custody situations and the difficulties of learning how to co-parent during a pandemic. In particular, the report…
Our Legaltech Week journalists’ roundtable is on again this Friday, as it is most Friday, to discuss and dissect the top news stories of the last two weeks. However, we will start an hour earlier this week, at 2 p.m. Eastern time. Join us Friday, Sept. 15, at 2 p.m. ET. It’s on Zoom and all free, but registration is required. Register once and you’re registered for every subsequent week. All prior episodes are also available, both as a podcast and on YouTube. The panel changes from week to week, but usually includes: Nicole Black, legal technology…
Two docketing technology companies will be battling each other in federal court, as New York based CourtAlert.com has filed a lawsuit against California based American LegalNet alleging theft of trade secrets. In a complaint filed Sept. 19 in the U.S. District Court for the Southern District of New York, CourtAlert.com alleges that American LegalNet (ALN), its CEO Erez Bustan, and its regional sales manager Robert Loeb, conspired to steal CourtAlert’s confidential and proprietary information, including client lists, product offerings, pricing, marketing opportunities, and sales and revenue data. The complaint alleges: “For years, Defendant ALN has built a business out of…
In July, I reported here on a survey of private equity firms in the U.S. and U.K. that found that a softening market for M&As and fundraising, exacerbated by the COVID-19 pandemic, was causing them to scrutinize their external legal spend more carefully than ever before. Now, the sponsor of that survey,  the spend tracking, management and analysis company Apperio, has extended that research to venture capital firms, analyzing the situation confronting senior legal stakeholders there. This new study, Private Equity and Venture Capital:  Two Industries United by Lackluster Legal Spend Management, concludes that, while VC and PE…
For legal professionals who use the cloud-based document management system NetDocuments, workspaces form the hub of their legal matters, where all members of a team can access, organize and collaborate on documents, messages and folders related to a matter. But workspaces can also pose a potential speed bump when getting started on a new matter, because they can be created only by a user with full administrative permissions. While there are strong reasons for this, it can delay a lawyer or other user from starting important work — or at least starting it within NetDocuments. A product launching today, …
ASG LegalTech, the company that owns cloud practice management platforms PracticePanther, Bill4Time and MerusCase, has acquired Headnote, the online payments platform that provides e-payments and accounts-receivable management for law firms. At the same time, ASG LegalTech is announcing the first fruit of this acquisition — a fully integrated, all-in-one payment system within the PracticePanther platform called PantherPayments. In an exclusive interview for my LawNext podcast, the CEO of ASG LegalTech, Soumya Nettimi, and the cofounder and CEO of Headnote, Sarah Schaaf, sat down with me to discuss the acquisition and what it means for…
Nominations are open for The Changing Lawyer Awards 2020, four categories of awards that recognize individuals, firms and companies in the legal industry for their roles in embracing and driving change through new technology, service models or behavior. The awards will be presented on Oct. 1 during The Changing Lawyer LIVE!, a virtual conference with an agenda that includes a keynote by the first female private space explorer and panels on diversity in law and digital transformation. Both the awards and the conference are produced by the legal technology company Litera. The deadline for nominations for the awards…
A first-of-its-kind nonprofit launching today seeks to broaden public access to Canadian primary law and other forms of legal data in order to advance access to justice, advance legal innovation, and help balance the sometimes competing concerns of open courts and personal privacy. Called the Legal Innovation Data Institute, the organization is modeled on open-data projects in the U.S. such as the Free Law Project and Harvard Law School’s Caselaw Access Project. “LIDI lowers the barriers, changes the equation and expands the circle of innovation in Canadian legal data beyond the small and closed group of legal publishers…
The Lawyer+Mom+Owner Virtual Summit is a first-of-its kind program devoted to “parenthood, practice and profit in the pandemic.” Taking place Sept. 30 and Oct. 1, the conference aims to provide practical advice on protecting your firm and your clients and operating virtually during the pandemic. It will also look at how mom-owned firms are breaking barriers in uncommon practice areas, supporting other women and advancing diversity. [embedded content]For my Law Insights program on Litera.TV this week, I spoke with the two organizers of the conference, Carolyn Elefant, publisher of the blog MyShingle.com, and Jeena Belil, New York personal…
The law practice technology company Clio this week announced the five finalists that will compete for the title of “Best New Integration” and a $100,000 grand prize in the 2020 Launch//Code developer contest. This is the third year of the contest, which recognizes innovative third-party apps that integrate with the Clio Manage practice management platform and that address a difficulty legal professionals face daily when managing their business or growing their firm. The winner is selected by a panel of judges and will be announced during the Clio Cloud Conference Oct. 13-16. Last year’s winner was legal research service Casetext
We were off last week, but the Legaltech Week journalists’ roundtable returns tomorrow to discuss and dissect the top news stories of the last two weeks. Join us tomorrow, Sept. 18, at 3 p.m. ET. It’s on Zoom and all free, but registration is required. Register once and you’re registered for every subsequent week. All prior episodes are also available, both as a podcast and on YouTube. The panel changes from week to week, but usually includes: Nicole Black, legal technology columnist and legaltech evangelist at MyCase. Caroline Hill, editor in chief, Legal IT Insider. Victoria Hudgins
Last February, the legal research company Casetext launched Compose, a first-of-its-kind product that uses artificial intelligence to help create the first draft of a litigation brief in a fraction of the time it would normally take. At the time, as I wrote in this February blog post, cofounder and CEO Jake Heller said the product was “poised to disrupt the $437 billion legal services industry and fundamentally change our understanding of what types of professional work are uniquely human.” While the product initially covered a limited set of core motions related to federal civil procedure and discovery, Casetext…
SoloSuit, the Utah-based legal startup that helps consumers respond to debt collection lawsuits, and that originally emerged from LawX, the legal design lab at BYU Law School, is going national. George Simons, who helped develop SoloSuit as a BYU Law student and is now the company’s owner and CEO, announced the expansion yesterday during a presentation as part of the Startup Battlefield pitch competition during the TechCrunch Disrupt 2020 virtual conference, where the company is competing for a prize of $100,000. The problem SoloSuit addresses is huge. Every year, some 10 million people are sued for…
The former founder and CEO of litigation platform Allegory Law, Alma Asay is now an evangelist at Litera, where she serves as a legal technology expert and advisor to Litera clients, helping them to bring innovative ways of thinking and practice to life. As a legal tech founder, I learned that there were two critical components driving my business forward that proved to be a constant challenge: money and feedback. Money is obvious and the struggles of raising investment capital (or making sales to generate revenue) are the subject of many startup conversations. What I found to come up…