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E-Discovery Company Nextpoint Raises Growth Capital Investment of Undisclosed Amount

LawSites

The cloud-based e-discovery company Nextpoint has received a growth capital investment from RF Investment Partners , a company that provides structured growth capital. The firm will provide discovery and litigation legal services to other law firms and to corporate legal departments.

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ALSP Factor Launches Product for Law Firms to Manage and Support Transactions

LawSites

There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Now, building on these experiences, Factor is launching a productized, tech-enabled Legal Transaction Optimization service specifically for law firms.

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The 2023 Fastcase 50 Announced, Honoring Legal’s Innovators, Visionaries and Leaders

LawSites

“This has been an amazing year of change for legal tech, including at vLex and Fastcase,” said Ed Walters, Fastcase co-founder and the Chief Strategy Officer of vLex. This year’s list of honorees reflects a year of transformation for legal services. Bill Girdner , Editor, Courthouse News Service.

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Exclusive: In A First For E-Discovery, Tech Company Nextpoint Is Launching A ‘Data-Driven’ Law Firm Under Arizona’s Liberalized Ownership Rules

LawSites

In a first for an e-discovery technology company, Chicago-based Nextpoint is launching an Arizona law firm June 1 under that state’s liberalized law practice rules that allow non-lawyers to own law practices. ” Leading the firm as managing partner is Andrew R.

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KLDiscovery Inc. Completes Acquisition of Cenza Technologies Private Limited

Cenza

KLD”), a leading global provider of electronic discovery, information governance, and data recovery services, today announced the closing of their previously announced acquisition of the business of Cenza Technologies Private Limited (“Cenza”), an India-based alternative legal services provider (“ALSP”).

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Bessemer Venture Partners Acquires Majority Stake in Legal Practice Management Company Litify

LawSites

Bessemer Venture Partners , a VC firm that has already made substantial investments in legal technology companies such as Clio, DISCO and Anaqua, has acquired a majority stake in Litify , a law practice management platform founded in 2016 by a team of people who came out of Morgan & Morgan, the largest plaintiffs’ law firm in the United States.

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The Justice Gap in Legal Tech: A Tale of Two Conferences and the Implications for A2J

LawSites

In the blur of activity that was last week, I attended two legal tech conferences, plus an adjacent legal technology summit. After starting the week in New York at the glitzy celebration of big law tech that is Legalweek , and ending it in Charlotte, N.C., Let’s be generous and call it the top 10% of the population.

Legal 137