Having already carefully cultivated an image as the most free-thinking City law firm in its weight class, Allen & Overy (A&O) has taken another step to recast itself for the age of disruption after choosing eight companies to join its 'tech innovation hub' Fuse.
Following the trend of tech incubator programmes set by City firms, insurance heavyweight Clyde & Co has launched a data analytics lab to develop products and services for its clients.
The new initiative is being ran in conjunction with University College London (UCL), with which the firm has a longstanding relationship.
A £20m government fund for the development of artificial intelligence (AI) and data analysis in law, accounting and insurance is being welcomed as a positive step for what is ‘under-funded and under-thought’ research and development (R&D) in the legal tech space.
Mere months after New Law pioneer Lawyers On Demand (LOD) secured private equity backers to position itself as a global player, fellow alternative legal services business darling, Riverview Law, has been acquired by big four accountancy firm EY.
A start-up from Allen & Overy’s (A&O) Fuse innovation hub is one of the first 17 companies to join banking giant Barclays’ legal technology lab.
TLT has created a £500,000 investment fund to help test technology and other ideas more quickly before providing them to clients.
A new scheme focusing on business and legal operations is the latest graduate offering from international firm Norton Rose Fulbright.
Never a firm to rest on its laurels, fast-paced Fieldfisher has taken the unusual step of launching a separate law firm focused on hedge funds, derivatives and alternative investments.
Investment continues to flow into New Law and legal tech with US-based law company Elevate securing $25m in private equity backing while legal tech start-up Orbital Witness raises £1.2m.
Norton Rose Fulbright (NRF) is making an ‘offensive move’ against the Big Four on legal operations consulting with the hire of the well-regarded former Barclays’ head of external engagement, Stéphanie Hamon (pictured).
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