One third of law firms don’t invest in cyber-security training

Australians are paying upwards of $17 billion per year to combat the rising impact of cyber-crime, but worryingly one in three law firms are not investing in regular cyber-security training. Recent research by leading legal technology experts GlobalX and peak industry body the Australasian Legal Practice Management Association (ALPMA) has revealed that one third of Australasian legal firms are spending no time on cyber security training. GlobalX CEO Peter Maloney said this statistic highlighted the need for law firms to invest in cyber security training and technology to mitigate risks posed to law firms and their clients.   “Lawyers and conveyancers host a […]

Law firm built software acquired by a leading legal software company

NetDocuments acquires US law firm Chapman and Cutler’s Closing Room Deal Management Application Acquisition Expands Company’s Secure Cloud Platform Capabilities to Streamline Document Management NetDocuments, the leading secure cloud-based content services platform for law firms, corporate legal teams and compliance departments, has announced that it acquired Closing Room, a deal management application developed by Chapman and Culter LLP to streamline transactional closing processes. “Closing Room, designed for lawyers, by lawyers, has been stamped ‘safe, valued and proven’ and is a strategic addition to the NetDocuments platform,” said Josh Baxter, NetDocuments CEO. “The acquisition serves to extend our company’s rich partner […]

PEXA changes course from ASX float to trade sale

Official announcement: Property Exchange Australia (PEXA or the Company) today [6/11/18] announces that an offer to acquire PEXA first made on 8 October by Link Group (ASX: LNK), Morgan Stanley Infrastructure Inc and Commonwealth Bank of Australia (ASX: CBA) (Consortium) (Trade Sale Offer) and subsequently increased on 5 November has now been accepted by shareholdings representing greater than 50% of PEXA’s issued capital (Trade Sale Trigger). Under the Trade Sale Offer: The price agreed with the Consortium represents an implied enterprise value for PEXA of at least $1.5bn, which can potentially increase to $1.6bn depending on the level of final acceptances for […]

The new legaltech company for which tech may be the least important factor

The launch of Immediation How important is technology for resolving disputes? If two parties really want to resolve their dispute they can achieve it with such ordinary tech as the telephone and email. When parties are stuck in disagreement, is adding even more tech, like Skype for example, going to make a difference? Unlikely. If parties to a commercial dispute end up in a court process, they and their advisors will be required to comply with the procedures and technology of the court. When we hear that dispute resolution through the court system is too slow, too costly and too […]

Face-to-face verification of Chinese property buyers

Legal technology specialist GlobalX has expanded its Verification of Identity (VOI) technology into China to support the purchasing process of Australian property by Chinese investors.  Based in Beijing’s China World Trade Centre, IDSecure’s bilingual verification agents will provide a complete Verification of Identity (VOI) service to increase the efficiency of land and property transactions in Australia. GlobalX CEO Peter Maloney said the exciting announcement was an industry-first that enables Australian legal practitioners to quickly and easily verify their China-based clients. “This service means IDSecure’s VOI professionals will facilitate face-to-face verification of Chinese buyers on behalf of the legal practitioner, a […]

You had me at the first click – converting website visitors into clients

Settify was launched in February 2017 for family law firms. It recently introduced a service for firms offering wills and estates services. In Australia and New Zealand, 110 law firms have signed up to Settify. Legal Practice Intelligence had questions about Settify. Max Paterson (pictured below), Settify’s co-founder and CEO, kindly responded. But first, here is a short video of Settify in action: What problem does Settify solve? Clients are increasingly used to getting things done online, from buying plane tickets, to organising holidays, to banking. We wanted to make the services of family lawyers similarly accessible. Also, I was […]

US service makes data available on 100,000 lawyers’ litigation history

Latest Addition To Litigation Analytics Provides Insights On 100,000-Plus Attorneys Bloomberg Law’s enhanced Litigation Analytics tool now enables users to search, review, and analyze company representation information for more than 100,000 attorneys at over 775 law firms. The addition of this wealth of attorney data— which complements Litigation Analytics’ existing judicial, company, and law firm analytics—enables attorneys at law firms to quickly gain intelligence on their competition and chart winning legal strategies. The tool can also be used by in-house legal departments to help them evaluate and select the right outside counsel. To learn more about how litigators can leverage Bloomberg […]

Cabenet cloud practice management launches template document merging

KIStemplates for automated matter data merging With cabenet KIStemplates a user can convert any office document or third-party precedent to be used for automated matter data merging. The matter data merging of KIStemplates is designed to save time creating documents without significant changes to current internal practices. cabenet’s secure cloud server gives access to your firm’s KIStemplates anywhere, and on any device. Open a KIStemplate and all pre-set data fill fields will automatically update with the correct matter information. Matter documents created with the assistance of KIStemplates can be store to your firm’s existing document storage system or managed securely for anywhere, anytime access […]

DLA Piper Delivers Collaborative Administrative Resource Model with BigHand Now

Case Study by BigHand The legal market is undergoing the most significant change in a generation, one that requires law firms to fundamentally redefine operations. From the rise in competitive law firms specialising in the delivery of legal services rather than the practice of law, to the growing need for new metrics including Net Promoter Score rather than Profit Per Partner, the constitution and practice of law is undergoing extensive transformation. Forward-looking firms see these changes coming – global law firm DLA Piper embarked upon a strategy to reduce costs and improve the efficiency of back office services as far […]

pdfDocs 4.5 from DocsCorp fully supports integration with iManage Work 10.2

DocsCorp releases a new update to pdfDocs, its PDF creation and editing software with full support for iManage Work 10.2. DocsCorp, a leading provider of enterprise productivity solutions, has announced the release of the newest version of its PDF creation and editing software, pdfDocs (4.5 U4b), with full support for iManage Work 10.2. This latest version fully integrates with iManage Work 10.2 via the modern REST API. Other PDF solutions still require iManage FileSite or DeskSite to integrate. pdfDocs 4.5 U4b is available for immediate download or purchase. iManage Work 10.2, the newest version of the powerful cloud-based solution from […]