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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. Related: On LawNext: Marking 20 Years, Nextpoint’s CEO Rakesh Madhava Discusses First-Ever Financing, First-Ever Acquisition, and This Week’s User Conference.

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

LawSites

Over the years, the list has included a diverse selection of lawyers, legal technologists, policymakers, judges, law librarians, bar association executives, and people from all walks of life who are innovating in the legal profession. (I This year’s list of honorees reflects a year of transformation for legal services.

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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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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. Its lawyers will not appear in court. ” Leading the firm as managing partner is Andrew R.

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

LawSites

In the legal industry, Bessemer is an investor in the e-discovery company DISCO , which went public in July 2021, and was a relatively early investor in law practice management company Clio. “I’m excited to lend my expertise to Litify customers at a time when demands on legal service providers are increasing.”

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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. We talk often of the justice gap in this country — of the fact that the roughly 50 million low-income Americans receive no or insufficient legal help for 92% of their civil legal problems.

Legal 131
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The 10 Legal Tech Trends that Defined 2021

LawSites

Where legal innovation in 2020 was characterized by acceleration and adaptation, in 2021 it was slowed by a sense of malaise – malaise driven by uncertainty. Do lawyers return to the office or not? Do legal conferences return live or not? Yes, in 2020, the legal industry accelerated its adoption of technology.

Legal 141