New Law
Elevate acquires 500-strong Sagacious IP
Leading alternative legal services provider makes third acquisition in nine months
Value of ALSP market climbs to $28.5bn
Growth in demand for alternative legal services far outpaces traditional law firm segment, according to Thomson Reuters
Linklaters launches AI sandbox to drive innovation
Firm aims to develop ideas through homegrown chatbot and partnerships with external vendors
White & Case hires chief innovation officer from Deloitte Legal
Isabel Parker joins US firm in new global role
DLA Piper launches legal delivery centre in Germany with Pinsent Masons duo
Partners Michael Zollner and Carl Renner join having co-headed Pinsents’ flexi-lawyering arm Vario in Germany
Herbert Smith Freehills launches global digital legal delivery practice
Four hundred-strong practice brings together alternative legal services and tech teams
Mishcon acquires majority stake in group actions management business
Co-founders of Brazil-based Somos become equity partners as City firm moves to take on bigger cases
Ashurst launches low cost legal centre in Poland
Firm’s third hub after Glasgow and Brisbane to provide support across managed services, due diligence, disputes and contract management
Mishcon de Reya enters ALSP market with acquisition of Flex Legal
UK firm hails move as “major step” in 10-year growth strategy
Nexa names new CEO amid wider leadership shuffle
Consultant lawyer platform also names new COO and hires chief marketing officer
Allen & Overy spins off risk management business ahead of merger
Magic Circle firm to retain 'significant minority stake' in aosphere following deal with private equity firms Inflexion and Endicott Capital
Consilio snaps up UK’s Lawyers On Demand and SYKE in major expansion of enterprise legal services business
Acquisition sees US firm add LOD’s pool of 4,500+ legal practitioners in 25 countries
Barrister disruptor secures eight-figure investment from private equity house
Cash injection from Lloyds Banking Group subsidiary will support plans to double turnover within two years
ECJ to review German law banning outside investment in law firms
Case brought by Berlin legaltech entrepreneur could have ‘far reaching consequences’ for EU legal services
Linklaters ‘redesigns’ low-cost arm and commits to remote working model
Limitless by Linklaters will offer alternative legal services without need for regional hub, firm says
ALSPs become $20bn global market after latest growth spurt, study shows
ALSPs are now growing at a compound annual growth rate of 20%, Thomson Reuters says
Shearman & Sterling launches legal operations offering for in-house teams
Dedicated service intended to ‘close the gap’ between legal ops and tech providers and unmet client need
Ashurst launches UK risk advisory business
Partners join from PwC and Rosediem as Australian consultancy arm is extended to London
Resourcing specialist LOD and legaltech consultancy SYKE team up to open first US office
New York launch to target lucrative US in-house market and follows 2021 strategic partnership
A very mixed picture at best: the listed law firms' roller coaster ride
While some fortunes have been made, Tony Williams argues the Covid-19 pandemic has underlined the enduring strength of the traditional law firm partnership model
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