Tag: Innovation

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.

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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.

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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.

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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.

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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.

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TLT has created a £500,000 investment fund to help test technology and other ideas more quickly before providing them to clients.

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A new scheme focusing on business and legal operations is the latest graduate offering from international firm Norton Rose Fulbright.

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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.

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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.

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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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