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28 January 2019 at 14:28 BST

Elevate raises global stakes with Hong Kong acquisition

Firm makes yet another acquisition with Cognatio Law as firm furthers ambitions to expand global and regional reach.

Iokov Kalinin

Law company Elevate has announced it has acquired Cognatio Law, a Hong Kong-based flexible lawyering and legal consulting business serving in-house legal and compliance teams as well as law firms across Asia Pacific.

Growing list

Cognatio will integrate its operations into Elevate’s business, which provides consulting, technology, tech-enabled managed services and flexible lawyering support to the legal sector globally. The move expands Elevate’s reach and local expertise in Hong Kong and Singapore, building upon the company’s operations that already serve customers on four continents. Cognatio joins a growing list of law companies acquired by Elevate in the past three months, including legal AI technology and consultancy LexPredict, contract lifecycle management (CLM) provider Sumati Group, UK NewLaw legal resourcing firm Halebury, and Yerra Solutions, a law company providing consulting, technology and managed services.

Market reach

Elevate ceo, Lokendra Tomar says ‘Cognatio is a key element of our strategic growth plan. Our customers tell us they want consulting, technology, and tech-enabled services from a single provider with a global footprint and deep experience in each regional market. Cognatio’s experience in Hong Kong and Singapore, especially with flexible lawyering, will enable us to better serve customers in Asia.’ Lesley Hobbs, founder and ceo of Cognatio, says, ‘as the Hong Kong flexible legal services market continues to grow, we believe joining forces with a full-service global provider like Elevate is the best way to reach more in-house legal teams and law firms that need support on legal, compliance and risk matters, including global financial institutions and multi-nationals with operations across Asia Pacific.’

 
   
 
 
 

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