The leading LawTech professionals worldwide

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LawTech The leading LawTech professionals worldwide chambers.com

Transcript of The leading LawTech professionals worldwide

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LawTech

The leading LawTech professionals worldwide

chambers.com

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www.chambers.com Global-wide

Band 1

Alblair Consulting Ltd.What the team is known for Alblair Consulting is a strategic and implementation services organi-sation that provides legal systems consulting to the British and EMEA legal sector. The firm has evidenced a track record of various successful engagements ranging from strategic consulting to interim departmental management and project management services.Notable practitionersAlex Young is the owner of the firm and a deeply experienced legal technology and transformation consultant. He is a key contact for clients.

BamLegalWhat the team is known for Operating out of London, BamLegal provides a range of innovative legal technology solutions. Law firms, corpora-tions and other clients can take advantage of its contract standardisation tools, legal service transformation systems and automated platforms which streamline legal processes.Notable practitionersCatherine Bamford is the CEO of BamLegal and is a key contact.

Baskerville Drummond Consulting LtdSee profile on p.9What the team is known for Baskerville Drum-mond Consulting is a well-respected and highly recognised independent legal IT consultancy. A range of services, including IT strategy, vendor and system selection, and project management and execution, are taken advantage of by Bask-erville Drummond’s clients, most of which are boutique London firms, leading regional firms and elite barristers’ chambers. The firm has been advising clients since its inception in 2012.Notable practitionersDavid Baskerville is a director of Baskerville Drummond Consulting and is a prominent busi-ness and legal IT professional. He is a key contact for clients.

KPMGWhat the team is known for KPMG is an Anglo-Dutch multinational professional services net-work and one of the Big Four accounting firms. It is growing rapidly in its capabilities to support law firms and other clients with transformative tech-nological solutions, from optimising processes to benchmarking best practices.

Neil Cameron Consulting GroupWhat the team is known for Neil Cameron Con-sulting Group is an independent consultant and advisory outfit centred on its founder, Neil Cam-eron. The firm’s services range from business strategy to information and technology architec-tures, providing business consulting as well as highly technical legal IT system proficiency. The firm primarily serves transatlantic clients.Notable practitionersNeil Cameron is the founder of the firm. He is a trained barrister with an extensive history of man-agement consulting and technology advisory. Cameron is a key contact.

PricewaterhouseCoopers (PwC)What the team is known for PwC is a hugely rec-ognised professional services firm and is consid-ered to be one of the Big Four accounting firms in the world. The success and sophistication of its three core legal technology services: legal tech strategy, e-discovery, and contract remediation and repapering, reflect PwC’s growing capabili-ties in this field.Notable practitionersAndrew Giverin is a partner at PwC and a key con-tact for clients.

Richard SusskindWhat the team is known for Richard Susskind is an independent adviser to major professional firms and national governments. He is an author, public speaker and decorated academic at the intersection of law and information technology. He has been technology adviser to the Lord Chief Justice of England since 1998, and in 2003 was appointed chair of the Advisory Panel on Public Sector Information.Through his consulting business, Susskind pro-vides expert strategic advisory services to inter-national law firms, and is well recognised for his guidance in devising technology strategies best suited to firms’ broader developmental goals.

Sente AdvisorsWhat the team is known for Based in New York, Sente Advisors is a legal technology consultancy specialising in cross-platform solutions and sup-port. The firm has received notable coverage from peers and clients for its data visualisation techniques, innovation training for legal staff, and change management techniques advisory services.Notable practitionersRyan McClead is principal and COE at Sente Advi-sors and is a key contact for clients.

* Indicates firm with profile.

Alphabetical order within each band. Band 1 is highest.

Band 1Alblair Consulting Ltd.BamLegalBaskerville Drummond Consulting Ltd *

KPMGNeil Cameron Consulting GroupPricewaterhouseCoopers (PwC)Richard SusskindSente Advisors

Leading FirmsLawTech Consulting

How lawyers are rankedEvery year we carry out thousands of in-depth inter-views with clients in order to assess the reputations and expertise of business lawyers worldwide. The qualities we look for (and which determine rank-ings) include technical legal ability, professional conduct, client service, commercial awareness/astuteness, diligence, commitment, and other qual-ities most valued by the client.

LawTech Consulting Global-wide

Contents:LawTech Consulting, Global-wide p.1LawTech Incubators & Accelerators, Global-wide p.2LawTech Vendors, Global-wide p.5Law Firm Profiles p.8

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Global-wide LawTech Incubators & Accelerators www.chambers.com

Band 1

Barclays – Eagle LabsWhat the team is known for Repurposed Barclays buildings have, since 2015, been used to host an incubator community for startups and entrepre-neurs. There are 20 Eagle Labs across the UK, which serve the purpose of providing partnered startups, investors, corporations and law firms with access to co-working spaces, curated events and networking opportunities.Strengths “Barclays Eagle Labs have been very supportive; it’s good that they’re a bank that seems to be bringing law firms together. As a member of the legal technology community you can be exposed at Eagle Labs to the knowledge of multiple law firms, rather than only one.”Notable practitionersMatthew Corbidge is a co-founder of Eagle Labs and Barclays’ head of strategy & digital eco-system. He is a key contact.

Collaborate – Slaughter and MayWhat the team is known for Slaughter and May Collaborate is a legal technology programme primarily aimed at early and mid-stage ventures rather than established businesses. The law firm’s programme connects legal technology entrepre-neurs to venture capital funds and innovation con-sultants and gives dedicated access to Slaughter and May’s lawyers to discuss product develop-ment.Notable practitionersJane Stewart is head of knowledge and innovation at Slaughter and May Collaborate, and is a key contact.

Deloitte LegalWhat the team is known for Deloitte Legal pro-vides a space for startups to test compelling use cases and legal technology products in an itera-tive environment of feedback and development. Deloitte Legal will itself become a user of the products and services developed by its cohort of startups.Notable practitionersLaura Bygrave is Deloitte Legal’s innovation and ventures lead. She is a key contact.

Fuse – Allen & OveryWhat the team is known for Fuse is one of the best-established technology innovation incuba-tors, and partners Allen & Overy’s lawyers with technologists and their clients. Fuse is a special-ly-designed area for 60 cohort individuals within A&O’s London office to explore, develop and test legal, regulatory and deal-related new technolo-gies.Notable practitionersShruti Ajitsaria is a partner at Allen & Overy and the head of its Fuse programme. She is a key con-tact.

LawtechUK – Tech NationWhat the team is known for LawtechUK is a targeted work programme and space for legal experts and technologists to connect. As an ini-tiative created between Tech Nation, the LawTech Delivery Panel and the Ministry of Justice, it sup-ports innovation through a government-backed sandbox for research and development. Lawte-chUK’s hub also provides open access to a library of resources, including an interactive database of LawTech startups and scale-ups.Notable practitionersAlexandra Lennox is head of LawtechUK at Tech Nation and is a key contact.

LexisNexis – Legal Tech AcceleratorWhat the team is known for LexisNexis is a pub-lishing and electronic database company with vast quantities of legal and public records-related information. Its Legal Tech Accelerator connects startups to technology and innovation mentors over the course of a ten-week programme. Sev-eral of its latest successful cohort were LawTech startups, from document automation companies to evidence management platform providers.

MDR LabWhat the team is known for MDR Lab is a series of programmes launched by the highly respected law firm Mishcon de Reya. LawTech individuals and startup companies can apply and be admitted entry, gaining access to MDR Lab’s network of experts and operators to bring insight, experience and product feedback to accelerate companies’ development. Not only can MDR Lab help validate the idea and product, but it can also provide pre-seed funding.In its three years of operation, MDR Lab has worked with 17 companies around the world, is currently a customer of seven, and invests in four of those businesses.Strengths “MDR Lab is probably the best incubator and accelerator out there, honestly.”“I’ve heard really good things about MDR’s pro-gramme, it’s highly regarded.”Notable practitionersDan Sinclair is strategy manager and head of MDR Lab. He is a key contact.

PwC ScaleWhat the team is known for PwC Scale has helped hundreds of scale-ups across the world to achieve commercial success. Legal technology companies, among other industry startups, have accelerated their business through PwC’s ten-week programme. PwC’s programme includes curated events, group masterclasses and indi-vidual mentoring.Strengths “PwC Scale is really well run and adds great publicity to your brand and business. You get a lot of value and time out of the programme and get front-row access to PwC Legal’s clients too. They really bring people together.”

Alphabetical order within each band. Band 1 is highest.

Band 1Barclays – Eagle LabsCollaborate – Slaughter and MayDeloitte LegalFuse – Allen & OveryLawtechUK – Tech NationLexisNexis – Legal Tech AcceleratorMDR LabPwC Scale

Leading FirmsLawTech Incubators & Accelerators

LawTech Incubators & Accelerators Global-wide

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www.chambers.com LawTech Incubators & Accelerators Global-wideGLOBAL-WIDE: An Introduction to Lawtech Vendors: Transaction Management (Process Management)Contributed by BRYTER

Transaction Management (Process Management)Processes have become a key element of operational and strate-gic development in the legal industry. Whether in-house serving internal clients, or at a law firm serving external clients, legal pro-fessionals work on transactions both big and small. These trans-actions are made up of many steps forming a process. Processes have traditionally been manual and analogue, often with highly skilled legal experts participating in perceived purely operational or “lower-value” tasks. With the adoption of digitisation in the le-gal market, the positive economic impact of Process Management and the growing role of legal operations, there has been a clear and growing trend to standardise and automate legal workflows.

What is a Process?A process, or a workflow, involves multiple procedural steps that combine with legal expertise and decisioning to achieve a desired outcome. For example, a legal workflow or process might include collecting and storing documents, reviewing documents, analys-ing risk, automating document production, signing documents and triggering approvals. All of these are actions, but they also re-quire decisioning – what legal or business logic you apply at each stage of the transaction to achieve the correct result. Processes can be internal within an organisation or they can be external in delivering services to clients.

ChallengesTraditionally, processes have been manual, analogue, often with little streamlined, non-structured collaboration and heavy on re-sources. In many organisations processes have grown organically, without design, managed structure or optimisation. This results in a number of negative consequences.

First, these manual processes require highly skilled (and costly) legal subject matter experts to perform time-consuming, repeti-tive tasks. For in-house counsel this is challenging given the rising workloads, without the corresponding rising headcount. For law firms, this results in fee-earners’ time spent on non-chargeable work.

Second, these disparate processes are based on multiple leg-acy systems, often not communicating to each other, which may live offline and in multiple locations. This results in an elevated risk of “blind spots”, poor communication and an increase in legal and business risk. A significant amount of manual work is required to patch digital, often siloed processes together, with increased efforts for maintenance and change management.

Third, disparate, unconnected and often legacy systems, as well as (parallel) paper processes, lead to a lack of insight and per-formance metrics, which prevents decision makers from having access to the data necessary to assess risks and take informed decisions. General Counsel need access to data to facilitate con-versations with decision makers in Lines of Business (LOB), and the current state of available processes fails to provide them with that required data.

Finally, manual, analogue processes have often lead to silos and cannot be scaled across the organisation. This results in a lack of consistency, and ultimately an increase in risk, cost and lower-quality outputs. Many advancements of project manage-

ment and increased budgets for digital units, as well as innovation teams, are blocked by the analogue framework.

What is Process Management?Process Management involves modelling and understanding pro-cesses with a view to identifying which elements can be standard-ised and automated, to improve operational efficiency. Process Management can apply to any process – simple or complex – but the largest economic gains are realised when you apply Process Management to transactions that are high-volume, frequently occurring, complex, and therefore costly in terms of resource re-quired.

There are multiple technologies that exist to support legal teams in Process Management, from point solutions like e-sig-nature or contract review tools, to broadly applicable technology like no-code platforms that enable teams to build applications to automate these manual, analogue, recurring workflows and deci-sions without any coding required.

Economic impact of Process ManagementThere is a limited period of time remaining where clients are will-ing to pay for work that can otherwise be automated. Process Management has become a critical aspect of legal operations – used by global law firms to better service their clients, and used by in-house teams to demonstrate they are value drivers, not per-ceived cost centres. Further, by digitising legal services, Process Management enables law firms to diversify their service offering to their clients, and meet the growing client demand for technolo-gy-enabled legal solutions.

Examples of Process ManagementProcess Management has the largest benefits in frequently oc-curring, manual and time-consuming processes. Examples of Pro-cess Management include the following.

Complex document automationMost transactions involve the creation of documents, often com-plex involving legal and business logic. Document automation sel-dom exists in isolation, and rather is part of a broader legal work-flow that can be standardised, and therefore automated. The most significant benefits in this area occur where legal teams do not just focus on the automation of one type of document but consid-er the entire workflow as a whole: the underlying legal logic and the document automation.

For example, non-disclosure agreements (NDAs) are one of the most frequently entered into contractual agreements, and there-fore capable of being standardised and automated. However, it is not just the document that requires attention, it is the entire workflow.

Using no-code technology, legal teams use a visual, drag-and-drop editor to quickly and easily create a workflow that automates the creation and signing of NDAs, end-to-end, incorporating other technologies like e-signature and upload to the relevant docu-ment management system.

The team uses their legal expertise to define the logic behind the decision-making, ensuring each NDA drafted comes with

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the most relevant paragraphs, using the proper format, with the correct styling, all without having to manually check each single NDA, unless of course they included an escalation process for certain NDAs.

Automating this entire process, rather than simply the docu-ment automation, translates into huge time savings on the part of the legal team, and facilitates a better service to clients through a user-friendly, accessible interface to access the document and the legal team.

Virtual legal assistant/intake management process manage-mentLegal departments need to filter, manage and respond to dozens of incoming requests for assistance. Often, these requests are frequently recurring. From creating and reviewing agreements to addressing compliance questions, responding to these requests is manual and time-consuming. And yet, there is a huge potential to standardise and automate this work, enabling the legal team to manage large volumes of work and respond to requests quickly.

By understanding the process, through Process Management, and building a virtual legal assistant using a no-code platform, legal teams build their own self-service tool to reflect their pro-cesses, service levels and risk appetite. Through a customisable and interactive interface, the legal team specifies exactly what in-formation they need about a given request. Non-legal colleagues, employees or any other end-user can provide the information, and the decisioning logic is then applied to filter, manage and, where applicable, respond to the request.

Through this workflow, the legal department maintains full visibility over all documents created and, once approved, can integrate into signing flows like DocuSign for a true end-to-end solution.

Large-scale repapering exercisesMacro-economic events, like Brexit and the phasing out of LI-BOR, have resulted in the need to review and amend thousands of contracts across hundreds of jurisdictions. This work is complex, time-consuming, and for many law firms and legal departments a relatively low-margin exercise.

By modelling, standardising and then automating this workflow using a no-code platform, and integrating it with other technol-ogies like text extraction and a document management system, legal teams can complete large scale repapering exercises in a fraction of the time it would otherwise have taken.

The key to achieving this is having the ability to easily custom-ise the workflow to the given risk threshold and company require-ments, and easily being able to integrate it with other industry technologies to provide a single interface that can act as both a review platform and a reporting software.

ConclusionProcess Management enables legal teams to streamline exist-ing processes and workflows, saving time and enabling them to provide a better service to their internal or external clients. By combining technologies – from no-code platforms like BRYTER to e-signing tools like DocuSign – legal teams can achieve significant economic benefits through improving operational efficiency: sav-ing time and increasing profitability.

--------------------------------------Contributors: Michael Grupp, CEO, BRYTER; Joanna Sidhu, Direc-tor of Marketing, BRYTER

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www.chambers.com LawTech Vendors Global-wide

The editorial is in alphabetical order by firm name.

ActionstepSee profile on p.8What the team is known for Headquartered in Auckland, New Zealand, Actionstep provides a wide range of cloud-based management software products. Globally, its clients can take advantage of the company’s workflow automation software and automated document generation products.

AjuveWhat the team is known for Dispute resolution specialist Ajuve provides an online platform that automates the process of filing litigious claims with a fixed upfront cost. Once a dispute claim is uploaded to Ajuve’s platform, one of its internal qualified arbitrators reviews the evidence before making an internationally binding decision.

AmiqusWhat the team is known for Amiqus specialises in remotely verifying and onboarding staff. The company’s platform allows law firms, corporations and public sector bodies to conduct pre-employ-ment checks, perform AML compliance and check the identity of candidates – including through enhanced Disclosure and Barring Service (DBS) checks.

AnsaradaWhat the team is known for Ansarada is a finance-focused transaction management firm. Clients including BlackRock, Deloitte and Glen-core benefit from its variety of services that automate and manage deals, boards, tenders and financial compliance.

Apperio LimitedWhat the team is known for Apperio serves fund managers and corporate in-house counsel by providing an integrated tool for legal expense analysis and matter management. Its aim is to streamline legal costs budgeting and improve transparency in legal spending, whether that be in transactions, portfolio spending or project scoping.

ArachnysWhat the team is known for Acting as a compli-ance specialist, Arachnys provides an extensive range of services covering AML, investigations, KYC and onboarding, and enhanced due dili-gence. The company is a trusted partner for leading players in the financial sector and beyond, boasting clients such as the Wall Street Journal and Standard Chartered.

AvvokaWhat the team is known for Avvoka offers a broad document automation service. The company offers tools for in-house legal teams, law firms and corporations to manage, track and acquire data across a variety of documents.

BRYTERSee profile on p.10What the team is known for BRYTER focuses on providing a simple toolkit that clients can use, without any coding experience, to create their own custom tools and automate their workflow. Its clients can also benefit from BRYTER’s data and analytics service to track and set KPIs, as well as access various insights.

ClarilisWhat the team is known for Claris is a specialist in helping lawyers automate tedious and inefficient drafting. Boasting Dentons, Addleshaw Goddard and Simmons & Simmons as clients, the company promises to design and implement relevant tools to free up lawyers to focus on higher-value tasks.

ClioWhat the team is known for From its headquar-ters in the province of British Columbia, Canada, Clio offers cloud-based software for various legal practice management tasks. The company is well established in the field, having held first-mover advantage when it was the first provider of cloud-based practice management software for law firms back in 2008. Today, the firm can offer legal clients billing, timekeeping, document man-agement, contact management, client intake and calendaring software.

CrowdJusticeWhat the team is known for CrowdJustice is a crowdfunding platform dedicated to raising funds for legal fees on behalf of clients and causes that would otherwise face significant barriers to justice. The platform claims 200,000 backers and boasts an average period of two weeks to hit funding targets.

DellaWhat the team is known for Contract review specialist Della aims to automate and ease the resource-intensive task of reviewing contracts. Clients who purchase an account on its app can customise it to suit their needs, leveraging its software to help with due diligence, repapering, summarisation and negotiation. Della’s clients include such firms as BLP, Content Square and Thomson Reuters.

DocuSignWhat the team is known for Docusign offers a broad range of services to automate contracts. These include applications to perform electronic signatures, contract life-cycle management, doc-ument generation and negotiation as well as con-tract analytics. The company boasts clients such as Unilever, Refinitive, Uber and Santander.

Eigen Technologies LimitedWhat the team is known for Eigen Technolo-gies focuses on providing software that takes unstructured financial and legal documents, and processes them into a form of data that can be organised and analysed. Its clients include a mix of insurance companies, major law firms and large banks.

EncompassWhat the team is known for Encompass is a dedi-cated KYC and AML process automation solution. Its service rests on the provision of comprehen-sive access to, and integration of, trusted global KYC data sets for efficient corporate ownership structuring.

EverchronWhat the team is known for Everchron focuses on providing case management software for lawyers. The company bills itself as a one-stop shop for matter management, providing clear chronologies for documents, allowing users to easily view and sift large volumes of documents, and a platform for case teams to work collaboratively.

FarillioWhat the team is known for Farillio is a compre-hensive business management tool created to help SMEs run their businesses seamlessly via coordinated task pipelines and document man-agement tools. The firm’s services cover a broad array of business needs, ranging from tax and legal to cybersecurity, marketing and sales.

FastcaseWhat the team is known for Established over 20 years ago, Fastcase is a US-focused provider that offers a wide array of legal research services. Its products include tools to improve legal research, docket analytics, legal news and digests, and AI tools. Its staff includes legal technology special-ists and established lawyers experienced in var-ious practice areas.

HotDocs LimitedWhat the team is known for AbacusNext offers a range of products from legal management to accounting management software and document automation services. Its clients range across sec-tors and industries, with such firms as RBS, the Immigration Center for Women and Children, and

Band 1CrowdJusticeFarillioLexooLexSharesSeedLegals

Leading FirmsLawTech Vendors: Consumer Services

Band 1AmiqusArachnysEncompassSeersThirdfortWaymark Tech

Leading FirmsLawTech Vendors: Compliance & RegTech

* Indicates firm with profile.

Alphabetical order within each band. Band 1 is highest.

Band 1Actionstep *

Apperio LimitedLegal TrackerMyCasePingIdentity

Leading FirmsLawTech Vendors: Business Management

LawTech Vendors Global-wide

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CMS making use of its programmes.

iManage, LLCWhat the team is known for iManage bills itself as a broad-based document management plat-form. Clients can choose from a wide array of its services to help with document and email man-agement, using its AI software to process large amounts of data and ensure they are compliant with regulatory requirements. Its clients include Baker Botts, Howard Kennedy and Stronachs.

IroncladWhat the team is known for Ironclad is a contract management specialist that focuses on auto-mating intensive manual processes into digital ones to increase efficiency. Its clients consist predominantly of a mix of fast-moving consumer goods vendors, technology companies and finan-cial service institutions such as Mastercard.

JudicataWhat the team is known for Judicata focuses on providing an efficient and easy-to-use research platform. Primarily focused on law firms, the com-pany’s software reduces unnecessary labour and delivers increasingly precise technical knowledge and legal intelligence – notably more so than many traditional research platforms.

JuroWhat the team is known for Already a well-es-tablished contract automation platform, Juro spe-cialises in streamlining and automating routine contract work. Deliveroo, Curve and Trustpilot have all used its services.

Kim TechnologiesWhat the team is known for Kim Technologies offers a cloud-based document automation plat-form that can be used by clients with no prior coding knowledge. Its users can build and tweak the software to address any document archiving or management inefficiencies that they may be experiencing.

Kira SystemsWhat the team is known for Kira Systems focuses on providing an automated due diligence pro-cess to its clients. Law firms and consultancies, including Hogan Lovells and Deloitte, can upload their documents to the company’s platform. Kira’s technology can then extract key information, offer insight, and help organise the vast quantities of documents that large organisations like these will regularly be dealing with.

LawCloudWhat the team is known for As a legal practice management software provider, LawCloud pro-vides a comprehensive set of legal management cloud-based services for a fixed monthly cost to its clients. The firm predominantly focuses on serving smaller law firms, particularly those that may not have much of their own IT infrastructure.

LawGeexWhat the team is known for LawGeex is a contract review technology firm whose use of AI allows it to redline contracts in real time and even handle live negotiations. Its clients consist of a mix of corporations such as PepsiCo, law firms such as Simpson Thacher and banks such as UBS.

Legal TrackerWhat the team is known for Thomson Reuters’ integrated legal management solution Legal Tracker is a cloud-based platform that tracks and streamlines matter management, e-billing, reporting and analytics. Designed to integrate seamlessly with existing software, the platform is used by law firms globally and boasts clients in almost 200 countries worldwide.

LegaticsSee profile on p.11What the team is known for Legatics’ technolo-gies automate the often manual and volume-in-tensive tasks inherent to large legal transactions. Its software can perform such tasks as automati-cally generating conditions precedent checklists, streamlining signing processes, and handling the compliance or KYC elements of deals. Banks and law firms such as Herbert Smith Freehills and Allen & Overy have used the platform.

LexooWhat the team is known for Outsourcing plat-form Lexoo was created to address day-to-day operational matters and recurring workstreams on behalf of in-house legal teams. Its typical mat-ters undertaken include employment and data protection work or sales and purchasing agree-ments. The firm has the capacity to deliver on large-scale projects spanning multiple countries concurrently.

LexSharesWhat the team is known for A litigation finance specialist, LexShares focuses on funding attor-neys, law firms and plaintiffs that wish to bring commercial lawsuits.

LitiGateWhat the team is known for LitiGate offers a plat-form to automate time-intensive litigious tasks, and tools to extract key insights from documents in contentious matters. From a single platform, LitiGate’s clients can access a variety of services to streamline their work on a pay-as-you-go basis.

LuminanceSee profile on p.12What the team is known for An AI-powered docu-ment review provider, Luminance offers its clients a plethora of services to automate and extract greater insights across M&A transactions, due diligence and e-discovery actions. The firm boasts Deloitte, Dentons and White & Case as clients, among others.

Mattersmith LimitedSee profile on p.13What the team is known for Mattersmith provides a comprehensive set of legal management ser-vices which increase clients’ efficiencies and auto-mate time-intensive tasks. Mattersmith’s services include such technologies as document analysis, work trackers and precedents.

MyCaseWhat the team is known for MyCase is a legal practice management platform that assists law firms in streamlining client-lawyer communica-tions across case management, reporting and billing. Designed to assimilate separate tools and systems in an integrated cloud-based platform, the software is also available as a mobile applica-tion for fully flexible working.

Neota LogicWhat the team is known for Neota Logic offers tools with zero coding knowledge needed, allowing clients to tweak and automate manual document-based services. Clients can increase productivity, as well as ensuring compliance standards are met. Neota Logic’s clients are drawn from a mix of well-established and highly recog-nised corporations, accountancy companies and law firms.

Opus 2 InternationalWhat the team is known for A disputes-focused provider, Opus 2 International provides tools to increase team collaboration, and digitise and streamline document processes, as well as real-time transcription. Its clients predominantly con-sist of law firms across multiple jurisdictions.

PingIdentityWhat the team is known for PingIdentity special-ises in the full spectrum of workforce and cus-tomer identity verification solutions. The company provides an integrative platform, offering a range of tools and capabilities. Its services include mul-ti-factor authentication and API data security, and single sign-on tools for applications. The increas-ingly popular platform is used by a host of house-hold-name companies across diverse industries.

PremonitionWhat the team is known for Premonition is a legal analytics company that boasts the world’s largest

Band 1DellaEigen Technologies LimitedKira SystemsLawGeexLuminance *

Leading Firms

LawTech VendorsTransaction Management(Contract Analysis)Band 1

AnsaradaClioiManage, LLCLawCloudMattersmith Limited *

Ruby Datum

Leading FirmsLawTech Vendors: Practice Management

* Indicates firm with profile.

Alphabetical order within each band. Band 1 is highest.

Band 1AjuveEverchronFastcaseJudicataLitiGateOpus 2 InternationalPremonitionSolomonic *

Leading Firms

LawTech VendorsLitigation & Dispute Resolution

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litigation database. Focused primarily on litiga-tion, Premonition provides services that allow its clients to more easily predict the outcome of prospective cases, along with additional risk and underwriting services.

Priori LegalWhat the team is known for Priori Legal offers a marketplace where in-house teams can be matched with qualified attorneys for short-term projects and proposals. Its clients have included the in-house teams at Artsy, DreamHost and HomeChef.

Reyen CourtWhat the team is known for Built on a cloud-based platform, Reyen Court targets the legal industry for its clientele. It offers a wide array of services to automate and handle deal management, as well as legal compliance, regulatory intelligence, legal research and case management systems.

Ruby DatumWhat the team is known for Across insolvency, legal services, real estate and M&A, Ruby Datum offers accessible and user-friendly data rooms. The company is integrated with other technology platform providers, such as iManage and Ayfie, and is able to integrate with its clients’ in-house platforms. The platform’s users can customise their client portals to personalise their experi-ence.

SeedLegalsWhat the team is known for SeedLegals is a one-stop platform devised to take the place of lawyers by handling all legal and fundraising needs for startups in the UK and further afield. SeedLe-gals’ comprehensive solution manages everything from founder and shareholder agreements to cap tables, convertible notes and SEIS/EIS compli-ance. Growing quickly in popularity, SeedLegals is now the largest closer of funding rounds in the UK.

SeersWhat the team is known for Seers is a data pri-vacy platform that differentiates itself with its extensive offering of GDPR-related compliance tools. The firm’s technology covers regulations such as PECR, LGPD, CCPA and e-privacy, along-side GDPR. Seers’ products span its popular con-sent and subject request management platforms, template and policy packs, as well as various auditing solutions.

SolomonicSee profile on p.14What the team is known for A litigation intelli-gence specialist, Solomonic focuses on providing insight and analytics from a client’s submitted court documents and hearings. Its client base consists predominantly of private practice law-yers, litigation funders, insurers and in-house counsel.

ThirdfortWhat the team is known for Thirdfort offers a concise tool for AML compliance and client iden-tity verification, with the aim of simplifying anti-fraud measures for law firms. Lawyers are able to verify the source of client funds via a mobile application, using high-level encryption tools to facilitate secure onboarding.

ThoughtRiverWhat the team is known for ThoughtRiver is an automated contract management platform. Through its AI-powered services, the company automates the usually laborious process of reviewing, negotiating and remediating contracts. ThoughtRiver’s clients consist of a mix of corpora-tions, law firms and consultancies.

Waymark TechWhat the team is known for Waymark Tech offers its clients regulatory insight and oversight tools. Financial institutions, law firms and professional service companies are supported by the firm to remain abreast of emerging regulatory changes and enforcement activity. Users of these tools can leverage these services for compliance purposes, or in assistance of their own clients’ requirements.

Band 1BRYTER *

DocuSignIroncladLegatics *

Neota LogicPriori LegalReyen CourtThoughtRiver

Leading Firms

LawTech VendorsTransaction Management(Process Management)

* Indicates firm with profile.

Alphabetical order within each band. Band 1 is highest.

Band 1AvvokaClarilisHotDocs LimitedJuroKim Technologies

Leading Firms

LawTech VendorsTransaction Management(Document Automation)

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Global-wide Leading Law Firms www.chambers.com

Org ID: 23315904

LawTech Leading Law Firms

ACTIONSTEPwww.actionstep.com tel: 0203 955 7666

Overview & History:

Actionstep is a flexible, easy to use software platform for ambitious law firms. Built in the cloud, with workflow automation at its heart. Actionstep transforms law firm productivity at every step. Actionstep’s complete legal practice management system has unlimited scope to scale & evolve - taking you every step of your journey as a law firm.

Actionstep has been empowering legal professionals for over 15 years. The first true cloud-based practice management system in the world, its global customer base and team has continued to go from strength to strength – and it is still innovating!

Actionstep has deep respect for what lawyers do. Lawyers impact every milestone in people’s lives and businesses. The company believes that when lawyers build truly efficient, modern practices, they do their best work for their clients.

OFFICES

UNITED KINGDOMLONDON: 1 St. Katharine’s Way, E1W 1UN Tel: 0203 955 7666 Email: [email protected]

NEW ZEALANDAUCKLAND: 29 Customs Street West, Level 17, AMP Tower, 1010 Tel: 09 379 3939 Email: [email protected]

UNITED STATESVIRGINIA: 3425 W Leigh Street, Richmond, VA 23230 Tel: 800 257 4042 Email: [email protected]

SOCIAL MEDIALinkedIn - https://www.linkedin.com/company/actionstep

Facebook - https://www.facebook.com/ActionStep/

Twitter - https://twitter.com/Actionstep

Why Actionstep? Actionstep provides a complete and configurable firm management system for law firms. Its soft-ware adapts, so you don’t have to. Workflows for legal process, client management & administra-tion are built into its software. Automation runs throughout all our features to eliminate multiple entries, keep processes moving and reduce time spent on administration.

Your Firm, Your Way

Configure Actionstep to Suit Your Firm’s Ideal Way of Working

Everything in One PlaceOne software platform for CRM, matter manage-ment, document assembly & storage, time & billing, trust & office accounting, reporting and much more. Cloud-based & accessible from anywhere via browser or mobile app. Actionstep adapts so you don’t have to.

Software You Won’t OutgrowActionstep’s flexible configuration provides a complete firm management system for every step of your journey as a law firm. With unlimited scope to evolve & grow, get the freedom to be ambitious.

Automation Gives You ControlAutomation, workflow, templates and tasks give you confidence in your process and freedom from administrative burdens. Actionstep puts you in control of how things are done, without having to control every little thing.

One Complete SystemWhat does all-in-one mean? Actionstep is jam-packed with all the technology you need to run your firm. Configure Actionstep to suit your firm’s way of working. with customisation options built into every aspect of the system.

Put Your Clients at the Centre of Everything You Do & Transform Your Firm’s Productivity at Every Step

New Client InquiryTurn initial inquiries into long term relationships with great service from the first point of contact.

Client OnboardingGive your clients a unique contact record, assign them to matters, see contact histories, billing detail, correspondence and all related files in one place.

Document Creation & AutomationGenerate ready-to-send documents and emails in seconds with Actionstep’s document assembly feature.

Time Tracking Actionstep uses intuitive recording, intelligent timesheets & activity codes to ensure that no bill-able time falls between the cracks.

Document ManagementStore and access your documents with ease using Actionstep’s world-class legal document manage-ment.

Matter & Case ManagementCustomise each of your matter types with a unique workflow, custom data fields, document templates, billing arrangements, and reports. Process matters more efficiently and ensure that nothing gets missed.

ReportingAccess to accurate, up-to-date information that can assist in driving your business forward.

Billing & AccountingActionstep’s full front and back-office solution will allow you to either replace your existing ac-counting software, or use the front-office features alongside your existing software.

Integrations - Make It Your Own Actionstep is a complete software platform for law firms, however, the firm’s system also integrates with a range of other applications that law firms use, need or simply enjoy. Connect with the ap-plications your firm needs to keep files up to date, access 3rd party information, create more data storage options or manage accounting. Actionstep has learned so much about what lawyers need to manage their practices, reduce administrative burdens and free up enough space in their day for client nurturing and business development.

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www.chambers.com Leading Law Firms Global-wideLawTech Leading Law FirmsLawTech Leading Law Firms

Org ID: 23107599 0 Out Authorised by: ....................................................................................... Date: ............................

BASKERVILLE DRUMMOND CONSULTING LTDwww.baskervilledrummond.com tel: 01908 592570

Consultants: David Baskerville, Kevin Goosman, Cathy Kirby, Nigel Stott and Richard Wyatt

Firm Overview:

Baskerville Drummond Consultancy Limited (BDCL) provides a full end-to-end consultancy service from strategic reviews, system and vendor selection, implementation and strategy execution to retained or trusted advisor.

BDCL’s unique approach enables it to fully support clients through the whole strategic or project process and ensures it is fully accountable for the results.

There tends to be three types of initial engagement: ■ Firms often recognise they have challenges with IT generally or with a particular service or

project but are not certain of the cause or resolution. ■ Firms are considering embarking on a significant change project and want to ensure they prepare

properly before commencing or have already recognised they need external support with the project. ■ Firms have recognised they need external assistance in procurement or implementation of

specialist line of business applications or service provision.BDCL will often take its client through the full “Review, Select and Implement” cycle, but other times clients engage them at a specific stage in the project.

OFFICES

UNITED KINGDOMMILTON KEYNES: Challenge House, Sherwood Drive, MK3 6DP Tel: +44 (0) 1908 592570 Email: [email protected]

Main Areas of Practice:

Reviews & Strategy CreationBDCL carries out detailed reviews that deliver an independent assessment of the client’s current IT provision and their current and future needs. The review looks at the service delivery, infrastructure and business applications in use and provides the client with a prioritised list of areas which require focus.The findings of the report then tend to be the basis of the creation of the firm’s formal IT strategy to underpin service enhancement and alignment of IT to the business’s strategy. This is particularly useful when a firm is going through a period of transformation.

System & Vendor SelectionOften in the review stage BDCL identifies busi-ness applications, or services, which are “end of life”, no longer fit for purpose or suffering from poor 3rd party delivery. BDCL therefore supports firms in identifying their unique requirements and assessing the options in the market. The firm’s service entails a full procurement process from requirements gathering, prioritising functional needs, identifying success criteria, long-listing and undertaking a full RTT process.

Implementation & Strategy ExecutionFollowing the selection of new technology, BDCL is often engaged to act as the project consultant to ensure successful implementation. This role is a blend of project governance, project management and mentor and advisor to the project team. BDCL’s engagement at this stage seeks to ensure the original project vision and business objectives are delivered.

Trusted AdvisorsBDCL acts as long-term trusted advisors to several law firms and offers a “Virtual IT Direc-tor” role where they are engaged for several days each month. It is also often the go-to when a law firm has a technology challenge which is outside

“Business as Usual” and they require some exter-nal perspective on a problem or the experience of someone who has dealt with a similar issue previously.

Strategy & Finance ReviewsBDCL’s in-depth knowledge of both law firms and the legal marketplace puts it in a position to help law firms clarify their strategic direction. By iden-tifying the creators of value in the firm (whether they are people, areas of law or processes), and the destroyers of value, the firm helps its clients to decide the focus of attention for the year, or years, ahead. The business is then able to be more profitable and more cash generative. In turn, this allows further development and investment, as well as profit for the owners.To support clients in achieving their objectives BDCL can use its tried and tested approaches by:

■ Developing management information that identifies the profitable and cash generative areas of the firm; ■ Designing motivational partner reward mod-

els, that encourage great partner performance; ■ Creating staff reward schemes that focus

attention on the needs of the firm and improve performance; ■ Identifying potential merger partners:

working with you to handle mergers, including due diligence on the other firm(s) and drawing on its experience to advise the client through the process; ■ Training staff in the “Business of Law”,

helping them understand how to manage the financial side of each client and their overall client portfolio; ■ Assessing the appropriateness of the finance

team by undertaking a gap analysis, to see where strengths and, especially weaknesses, lie; ■ Providing part-time finance director, (FD),

practice manager and CEO, services to those firms that either don’t want or cannot afford these full-time positions.

Client BaseBDCL clients are law firms headquartered in England & Wales with a turnover of between £4 to £40 million. Most of its clients would be classed as traditional full-service regional law firms such as Debenhams Ottaway, Hamlin’s, Jackson Lees, Paris Smith, Radcliffe Chambers, Trethowans, Thompson Smith & Puxon or Wright Hassall but they also have a few niche practices such as Signature Litigation (Litigation), Laura Devine (Immigration) and Hughes, Fowler Carruthers and start-ups such as Bott van Kesteren and Astraea Group.BDCL is the preferred IT advisor to LawNet.

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Global-wide Leading Law Firms www.chambers.com

Org ID: 23315941

LawTech Leading Law Firms

BRYTERwww.bryter.com

CEO: Michael Grupp COO: Micha-Manuel Bues CPO: Michael Hübl Number of employees: 200+

Firm OverviewBRYTER is the no-code service automation platform that enables legal and regulatory professionals to build and run digital applications, without any programming. BRYTER is especially geared to law firms, legal operations, in-house legal departments and alternative legal service providers who use the software to automate complex, repetitive decisions and workflows. In leveraging automation, these teams save time, improve operational efficiency and provide faster, more accurate services to their internal and external clients. BRYTER was founded in 2018 by Michael Grupp, Micha-Manuel Bues and Michael Hübl who saw the need for an easy-to-use automation software in their previous roles as lawyers and entrepreneurs. While most experts have some digital toolset at their disposal to digitise repetitive and tedious tasks, some of the most valuable and impactful professionals in companies are left out. BRYTER solves this by giving them the tools to digitise their services in minutes, not months or years.

SOLUTION AREASDecision AutomationDocument AutomationLegal Workflow AutomationNo-code app BuilderEnd-to-end Self-service Applications Risk ScoringKnowledge ManagementRepapering SoftwareRisk and Compliance AutomationRegulatory Reporting Software

OFFICESRemote first with offices in London, New York, Dublin, Berlin and Frankfurt.

[email protected]

Customers In-house legal teams from companies like McDonalds, Telefonica and ING Bank, through to global law firms like Simmons and Simmons, Ashurst, Paul Hastings and Reed Smith, and professional service firms like Deloitte, PwC and KPMG use BRYTER to deliver legal services digitally.

Customer Testimonials“[Using applications built on BRYTER] saves our time, our commercial colleagues’ time and means we can provide a faster, better service.” Gabriel Bärenz, Senior Legal Counsel, ING Bank.

“We turn standard services into self-service offer-ings with a BRYTER tool. And with the help of those self-service tools, the business can get access to what they are looking for within a very short timeframe. Where it took a week before to get ac-cess to legal documents, now it’s within minutes to respond to requests. Enabling the business in such a smart and efficient way is the first step towards client satisfaction.” Stefan Wilke, Legal Counsel, GEA Group Legal Department

“In today’s world it is more important than ever to create individual solutions for clients. Quick and focused, and BRYTER is the ideal tool for this.” Philipp Glock, Partner, KPMG Law, Head of Legal Technology

“BRYTER empowers us to build more digital prod-ucts faster, and at lower cost... the key benefits of BRYTER are its usability, versatility and speed-of-deployment. BRYTER is genuinely no-code.” Rob MacAdam, Head of Digital Products in EMEA for Ashurst Advance Digital

Example Use Cases Virtual Legal AssistantLegal teams need to filter, manage and respond to dozens of incoming requests for assistance. Using BRYTER legal departments automate these work-flows and make routine legal services available on a self-service basis.

Through a customisable and interactive interface, internal and external clients can access advice, standardised contracts and answers to frequently asked questions all via a self-service application built and customised by the legal team, without any coding.

Complex Document AutomationA core part of every legal team’s day is reviewing, negotiating, amending and executing contracts. Using BRYTER legal teams combine full-blown document automation functionality with a pow-erful decisioning engine, streamlining the entire legal workflow.For example, with non-disclosure agreements (NDAs), legal teams use the visual, drag-and-drop editor with BRYTER to quickly and easily create a workflow that automates the creation and signing of NDAs, end-to-end, incorporating other tech-nologies like e-signature and then upload to the relevant document management system. Automating this entire process, rather than simply the document automation, translates into huge time savings on the part of the legal team, and facilitates a better service to clients through a user-friendly, accessible interface to access the document and the legal team.

Large Scale Repapering Exercises Macro-economic events, like Brexit and the phasing out of LIBOR, have resulted in the need to review and amend thousands of contracts across hundreds of jurisdictions. Legal teams use BRYTER to model, standardise and automate this workflow, completing the repapering exercise in a fraction of the time it would otherwise take. The key to achieving this is having the ability to easily customise the workflow to the given risk threshold and company requirements, and eas-ily being able to integrate it with other industry technologies to provide a single interface that can act as both a review platform and a reporting software.

Key features

Truly No-codeLawyers, trainees, legal engineers and innovation managers can all quickly and easily build digital applications with BRYTER without any program-ming using the visual, “drag-and-drop” editor. They can build, test and publish their applications in one click.

Decision AutomationA powerful business rule engine enables legal professionals to automate the underling logic in-volved in complex legal and regulatory decisions. This “thinking” element of a workflow can then be combined with the “doing” element, like trig-gering emails, approval processes or automating documents generation.

Legal WorkflowsLegal and regulatory teams model, visualise and optimize legal workflows and legal processes, resulting in time saved and efficiency gains.

Document AutomationBRYTER includes full document automation functionality, that can then be combined with the workflow, all fully customised to that company / law firm / use case. You can upload company templates with house branding and style, inte-grate with Microsoft Word, export in any format and integrate with your document management system.

Industry IntegrationsBRYTER comes with full interoperability with all industry applications and databases with out-of-the-box APIs.

Enterprise ReadyBRYTER is built for enterprises with SSO and role-based access, audit logs and bank grade security. ISO certified and GDPR compliant.

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www.chambers.com Leading Law Firms Global-wide

Org ID: 23107903

LawTech Leading Law Firms

LEGATICSwww.legatics.com email: [email protected]

CEO: Anthony Seale

Chief Commercial Officer: Daniel Porus

Head of Business Development: Luke Vancliffe-Davis

Head of Engagement: Daniel Grant Smith

Firm Overview:Legatics is a transaction management platform designed by lawyers to improve legacy working methods and solve practical transactional issues. This is done by enabling all parties to collaborate on, and close deals in, an interactive online environment. Specifically, Legatics allows lawyers to create digital lists to manage their transactions. Within a list, lawyers can exchange documents in one central place, get those documents signed and generate closing sets in minutes (not days). Legatics is trusted by the world’s leading law firms to run their deals. The platform is used in over 40 coun-tries on a wide variety of matters, including for banking and finance, corporate transactions, real estate and regulatory. Legatics customers include Allen & Overy, Hogan Lovells and King and Wood Mallesons. Legatics transforms legal transactions, providing a better deal experience for all parties, and freeing lawyers from unnecessary administrative tasks.

OFFICES

UNITED KINGDOMLONDON

Practice Areas:Agribusiness Banking & Finance Acquisition Finance:

■ General Bank lending ■ Project finance ■ Refinancing ■ Islamic Finance

Capital Markets Equity Capital Markets Debt Capital Markets High-Yield Products Structured finance, Securitisation & Derivatives Securitisation Derivatives Corporate/M&A Competition/Antitrust Franchising Investment Funds Private Equity: Fund Formation Hedge Funds Life Sciences Projects & Energy:

■ Projects & Energy: Mining & Minerals ■ Projects & Energy: Oil & Gas ■ Projects & Energy: Power

Restructuring/Insolvency

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Global-wide Leading Law Firms www.chambers.com

Org Id: 23107863

LawTech Leading Law Firms

LUMINANCEwww.luminance.com tel: +44 (0)20 7389 6350

Firm Overview:Luminance is the market-leading artificial intelligence platform for the legal profession, with over 300 customers in 55 countries. This includes all of the legal divisions of the ‘Big Four’ accounting firms, over one-fifth of the ‘Global Top 100’ law firms and in-house teams from leading supermarkets, banks and insurance firms. Powered by advanced machine learning, Luminance rapidly reads and forms an understanding of documents, helping lawyers perform the most thorough and rapid document reviews across the legal spectrum, from M&A due diligence and contract negotiation to redaction projects and eDiscovery. In recognition of its pioneering technology, Luminance has been awarded the prestigious Queen’s Award for Innovation and was named a ‘Future Fifty’ company by Tech Nation.

OFFICES

UNITED KINGDOMLONDON: 1-3 Strand, WC2N 5EJ Tel: +44 (0)20 7389 6350 Email: [email protected]

How Luminance’s AI Benefits Lawyers

Understand the key information on day one: With Luminance instantly surfacing key data-points such as clauses, anomalies, email traffic and risks, lawyers are always at the forefront of their negotiation or investigation. Luminance visually represents this information across a number of interactive widgets, helping lawyers to understand the different aspects of their dataset and rapidly zero-in on what matters. Using Lu-minance, lawyers have consistently reported time savings of up to 90% during their review, allowing them to spend more time providing analysis and advice to their client or business.

Mitigate risk: Not only does Luminance read the entirety of the dataset, but it then has the unique ability to surface anomalies such as a missing document or a subtle deviation in clause wording. Luminance can also flag ‘unknown unknown’ results: hidden risks that the lawyer did not know existed, thus did not know to search for, such as onerous and unexpected clauses in unusual places. With Lumi-nance, lawyers can quickly pinpoint areas of risk and investigate them early on.

AI conceptually understands documents: Luminance goes far beyond keyword searching: it actually forms an understanding of legal docu-ments. This means that users have the ability to capture conceptually alike terms within their searches, ensuring the most thorough inquiries, or during an investigation, Luminance can pro-vide conceptually similar documents to the one currently being reviewed, completely changing the way lawyers go about ECA.

More powerful with every interaction: Users can show Luminance just one example of a new concept and, in one click, Luminance can then apply this learning across the dataset. This flexible approach ensures Luminance doesn’t need expensive and time-consuming updates in light of new legislation.

Use within hours: Luminance’s easy cloud-deployment and intuitive interface ensures that users don’t need advanced certification: most lawyers are up and running within hours.

Luminance Product Suite

Luminance Diligence: Supports corporate lawyers with contract reviews including M&A due diligence, real estate reviews, contract consolidation exercises and redaction. Luminance’s AI instantly highlights anomalous areas and critical information such as clauses, governing law and document types, displaying this information across a dashboard of interactive widgets. Luminance helps lawyers to proactively respond to urgent contractual issues, instilled with the greatest confidence that nothing has been missed during their review.

Luminance Discovery: An end-to-end AI-powered eDiscovery platform, which can be used for a range of matters including ECA and investigations, high-volume litigation work, DSARs and court preparation. By combin-ing AI-driven document analysis with powerful data culling and filter widgets, Luminance allows lawyers to quickly hone in on relevant

information. Because Luminance conceptually understands documents, Luminance helps litiga-tors interrogate their data in the most thorough, robust way, for instance instantly surfacing conceptually similar items and highlighting important yet under-investigated areas of the dataset areas.

Luminance Corporate: AI-powered tool for in-house teams to enhance and expedite the entire contract lifestyle process, from contract drafting and negotiation to under-standing the key features of executed contracts. Luminance Corporate provides a central re-pository for all contracts, executed and still being negotiated, with Luminance’s machine learning analysing these contracts and displaying the key features broken down across a range of interactive visual widgets. This allows lawyers to quickly find out answers to urgent business questions. Further, Luminance uniquely integrates with Microsoft Word via a plugin, enabling lawyers to tap into Luminance’s AI analysis in a sidebar as part of their regular workflow. As well as labelling key datapoints within contracts, Luminance shows users at-a-glance how provisions within incoming contracts comply with executed agreements, and suggests acceptable alternative wording.

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www.chambers.com Leading Law Firms Global-wideLawTech Leading Law Firms

Org ID: 23104014

LawTech Leading Law Firms

MATTERSMITH LIMITEDwww.mattersmith.co.uk / mattersmithpro.com tel: +44(0) 333 242 0546

CEO: Andrew Scott Number of Principals: 2 Number of Lawyers: 3 Number of IT Professionals: 5

Firm Overview:Mattersmith was established in 2018 with the vision of supporting businesses looking to improve produc-tivity by solving everyday legal and contractual problems. Mattersmith’s range of services span from legal contract advice on-demand, to drafting and managing the whole spectrum of its clients’ everyday commercial contracts. Mattersmith also offers its clients access to its proprietary practice management platform, Etimologic, which allows clients to manage the lifecycle of their contracts and knowledge base, including generating legally-sound documents themselves without obtaining legal advice where possible. Core services include:

■ Non-disclosure agreements (NDAs). ■ Software licensing agreements. ■ Software development and implementation agreements. ■ SaaS and master services agreements, including service level agreements (SLAs). ■ Introducer, reseller, and distribution agreements. ■ Collaboration agreements. ■ Hold-harmless/non-reliance letters. ■ Outsourcing and services agreements. ■ Data protection policies. ■ Privacy and cookies policies. ■ Complying with subject access requests.

OFFICES

UNITED KINGDOMMorpeth: 11 Telford Ct, NE61 2DB Tel: 0333 242 0546 Email: [email protected]

Main Areas of Practice:Mattersmith can either manage a client’s con-tractual needs end-to-end or offer its proprietary software as a service to allow businesses to create and manage their own commercial contracts with ease. Main areas of practice include:

Legal and Managed Services ■ Conventional legal advice and assistance to

advise on, negotiate, and draft commercial contracts, including software development agreements, SaaS contracts, master services agreements, and channel partner agreements, all supported by Etimologic. ■ Outsourced handling of everyday matters

using Etimologic, notably, the review and negotiation of approximately 1,500 NDAs, hold-harmless, and non-reliance letters each year in capital markets. ■ Access to in-house counsel and data protec-

tion officer services on-demand, all supported by Etimologic where appropriate, including in RegTech and managed services.

Software-as-a-serviceMattersmith’s key USP is the proprietary technol-ogy it uses to help itself and its clients work faster, freeing up more time for strategic business. Its own legal advice team utilises this technology, with the tools used, tested and proven to save valuable time and generate efficiencies when drawing up commercial agreements. By offering its clients direct access to these same tools, they can also enjoy greater productivity on matters that they deal with themselves. A flexible, scalable software platform that provides contracts, documentation, and know-how at your fingertips, Etimologic’s functionality comprises:

■ Matter workflow and dashboard (Doc-Tracker);

■ Expert system framework to create automated playbooks, topic modelling, and visualisation (Knowledge). ■ Document assembly to create automated

templates (Precedents). ■ Technology assisted review of contracts and

other documents which is seamlessly integrated with Knowledge so that users are guided through the issues associated with the content revealed by the search (Doc Analyser)

Etimologic is available with or without Matter-smith’s content.

Applications ■ Knowledge management – Knowledge

provides a framework of concepts to visualise information and automate rules that ensure a contract is suitable for that scenario. ■ Contract lifecycle management – accelerates

the drafting, review, and negotiation of contracts, and their management once agreed.

How clients are benefitting from Etimologic ■ The outsourced negotiation of approximately

1,500 NDAs is supported at every stage by the platform, allowing the in-house legal team to concentrate on other material issues and Mattersmith’s team to do more within the fixed fee. ■ Remediation of agreements to accommodate

the discontinuation of LIBOR is handled using Precedents and Knowledge playbooks at a fraction of the cost of an hour of a trainee’s time. ■ Accelerating the negotiation of master ser-

vices agreements with numerous banks making sure every issue of concern is systematically and consistently covered. ■ Contracts are in one place and easily

accessible so that time is not wasted by trawling through files.

■ Promotion of transparency and the sharing of information to stakeholders to highlight risk, key obligations, and commercial data.

Encompass Corporation, General Counsel: “I’ve been using the Mattersmith platform for only a quarter of a year and can already see the intercon-nections between many SaaS contracts that we have as a company. I haven’t seen anything as useful and as powerful as this before and it makes negotiating new contracts very easy. The team at Mattersmith are responsive and commercially astute having understood our business over a number of years.”

Key Clients Include ■ Encompass Corporation ■ Prodktr Limited ■ OtherLevels ■ Saunderson House ■ Bequeathed.

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Global-wide Leading Law Firms www.chambers.comLawTech Leading Law Firms

Org ID: 23315912

LawTech Leading Law Firms

SOLOMONICwww.solomonic.co.uk tel: +44 (0)20 7205 2924 email: [email protected]

Founder: Gideon Cohen

Founder: David Cohen

Founder: Henry Stott

Chair: Natalina Bertolli

Managing Director: Edward Bird

Chief Operating Officer: Tom Jewkes

Chief Technology Officer: James Gibbs

Firm Overview:Solomonic helps lawyers, litigation funders, insurers, and in-house counsel to obtain competitive advantage when managing disputes. Drawing on proprietary machine learning and expert input from qualified practitioners, Solomonic sift through thousands of High Court claims, documents and court hearings to deliver data and intel-ligence that helps practitioners act quickly on the latest litigation activity and decisions. Solomonic analytics gives practitioners the ability to evaluate settlement patterns, fine tune tactics and enhance estimates and predictions.

Awards ■ Highly commended: Legal Innovation Awards 2021 (Excellence in Litigation & Data Science) ■ Highly commended: Legal Innovation Awards 2020 (Supplier Innovation: Technology)

OFFICES

UNITED KINGDOMLONDON: 3 Waterhouse Square, 138 - 142 Holborn, EC1N 2SW Tel: +44 (0)20 7205 2924 Email: [email protected]

Product Features

Claims ■ Full claim monitoring from issue to

resolution ■ Claim, party and law firm tracking and email

alerts ■ Claim value ■ Document acquisition ■ Party and law firm outcome track record ■ Party and law firm relationships ■ Data on over 34,000 claims

Judgments ■ Insight on over 5,000 judgments ■ Outcome analytics, forecasting and modelling ■ Law firm and barrister experience ■ Expert praise and criticism ■ Case length and cost factor data ■ Sitting bench record and judge decision

history ■ Arguments and Court propensity ■ Appeal frequency and outcome

Courts covered

England and Wales High Court civil litigation in the Chancery and Queens Bench Division includ-ing:

■ Business List ■ Chancery Appeals ■ Competition List ■ Financial List ■ Intellectual Property List ■ Revenue List ■ Admiralty Court ■ Commercial Court ■ Financial List ■ Technology and Construction Court ■ Queen’s Bench Claims ■ Media & communications List

Main practice areas and sectors

■ Agribusiness & food supply ■ Aviation ■ Banking & finance ■ Commodities & mining ■ Construction & infrastructure ■ Consumer products ■ Healthcare ■ Insurance ■ Investment funds ■ Leisure & sport ■ Logistics ■ Manufacturing & industrials ■ Mergers & acquisitions ■ Oil & gas ■ Pharmaceutical ■ Professional services ■ Public sector ■ Real estate ■ Shipping & maritime ■ Technology, media & telecoms ■ Utilities & power generation