The Digital Lawyer Newsletter - 13th Edition
Nishant Bhaskar
Founder & Chief Legal Technologist @ Advanta Legal Tech | Legal Technology Consultant
The Digital Lawyer digest on the latest in Legal Technology:
Epiq Acquires Fireman, A Legal Management Consulting Firm
Epiq , a global company which provides technology-enabled services to the legal fraternity and corporations has acquired Fireman and Company , which is a legal industry-focused management consulting firm.
This acquisition enables Epiq to deliver broader knowledge management and data management expertise and provides Epiq with an expanded suite of strategic legal advisory services and innovative technology solutions for its clients, Epiq said.
Shopify for Lawyers, Kula Joins YCombinator Batch W22
Kula , a Shopify for law firms which automates the business side of building a law firm and letting lawyers focus on the law have joined YCombinator.
YCombinator, a startup accelerator providing funding and mentoring to their portfolio companies. YCombinator has invested in more than 3,000 startups including Stripe, Airbnb, Coinbase, Razorpay, Reddit, Twitch, etc.
CRM Pioneer Nexl Buys Jade, the LegalTech Sales Tool
Nexl , which helps law firms generate more revenue through Customer Relationship Management (CRM) has bought Jade , a tool that helps LegalTech companies to demo, onboard, and support lawyers.
New Era ADR Have Raised $4.6M In Seed Funding To Help Companies Settle Disputes Online?
New Era ADR , an advanced dispute resolution startup has bagged $4.6M in seed funding led by Nextview Ventures and Jump Capital.? The Chicago-based startup founded in 2021 by a team of tech and legal experts has raised a total of $6.3M in venture funding. In under a year, New Era ADR has helped several startups and Fortune 1000 companies settle legal disputes.
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DiliTrust Raised Mammoth $143M Funding?
France based LegalTech startup, DiliTrust raised a mammoth capital of $143M in funding from Cathay Capital, Sagard NewGen and Eurazeo.
Fyi, DiliTrust offers a complete range of solutions and services dedicated to corporate governance with a deep expertise in the sharing of sensitive data. It's the second-largest capital raise in LegalTech this quarter.
MinuteBox Gets $5M To Accelerate Growth of It's LegalTech Solution
Toronto-based legaltech startup MinuteBox raised $5M to grow their solution. This seed round is led by Michael and Richard Hyatt. MinuteBox provides cloud-based legal entity management software to law firms.
Hence Raised $1.8M Seed Round To Grow Its Legal Services
Hence Technologies , a startup that uses data and AI to empower in-house legal teams to get more value from their relationships with external lawyers have raised $1.8M in seed funding from various institutions and angel investors. This brings the total amount raised by Hence startup to $2.6M (raised $800k in Jan 2021).
ServiceNow Goes For Expansion In Legal Industry
ServiceNow , which makes the world work better for everyone through workflow goes for focusing on expansion in the legal sector. The expansion has three main offerings, New Legal Executive Dashboard, Simple Contracts Enhancements and Legal Counsel Center Enhancements.
Curated by?Nishant Bhaskar ?and?Shubham Aggarwal
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