Articles
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4 weeks ago |
news.bloomberglaw.com | Evan Ochsner
Wolters Kluwer expects transaction to be finalized next monthAcquisition cost is €425 million in cash for software dveloperDutch information services company Wolters Kluwer said Thursday it would pay €425 million in cash to acquire Brightflag, a maker of software for in-house legal departments, , it said Thursday. The deal amount, at about $482 million, ranks among the largest recent legal technology acquisitions. Thomson Reuters in 2023 acquired Casetext for $650 million.
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4 weeks ago |
news.bloombergtax.com | Evan Ochsner
Dutch information services company Wolters Kluwer said Thursday it would pay €425 million in cash to acquire Brightflag, a maker of software for in-house legal departments, , it said Thursday. The deal amount, at about $482 million, ranks among the largest recent legal technology acquisitions. Thomson Reuters in 2023 acquired Casetext for $650 million.
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1 month ago |
news.bloomberglaw.com | Evan Ochsner
Strong growth and partnerships attracted funding, Legora saidLegora clients include Cleary Gottlieb and Goodwin ProcterLegora, the legal AI startup that’s taking aim at the U.S. legal market, raised $80 million in a startup funding round that values the company at $675 million. The announcement Wednesday continues an eventful year for Legora, which was founded in Sweden in 2023.
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1 month ago |
news.bloombergtax.com | Evan Ochsner |Catalina Camia
Legora, the legal AI startup that’s taking aim at the U.S. legal market, raised $80 million in a startup funding round that values the company at $675 million. The announcement Wednesday continues an eventful year for Legora, which was founded in Sweden in 2023. The startup has changed its name from Leya to Legora, formally launched in the US, and announced partnerships with big law firms Cleary Gottlieb and Goodwin Procter.
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1 month ago |
news.bloombergtax.com | Evan Ochsner |Catalina Camia
To get the most bang for the buck from contracting software, corporate legal teams need to do a lot of things right. Contract lifecycle management software, many vendors say, can make some of the legal department’s core functions more efficient by providing cloud storage and automated redlining. A CLM system can help a legal department manage all agreements, from drafting and negotiation to execution, monitoring, and termination.
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