Rhys Dipshan

1 month ago | law.com | Rhys Dipshan

LexisNexis Risk Solutions (LNRS) has suffered a data breach that affected the personal information of over 360,000 customers, according to a data breach notification letter filed with the Office of the Maine Attorney General. The data stolen included clients’ personal data, which Lexis said “included name, contact information (such as phone number, postal or email address), Social Security number, driver’s license number or date of birth.”

1 month ago | law.com | Rhys Dipshan

Only a handful of legal tech companies are public—in fact, the number dropped by one since last year. But while only a sliver of the industry gives an inside look into their finances, the quarterly reports these few put out can shed light on important topics, from where expenses are growing fastest, to the cost of M&A deals and exact size, and loyalty, of a customer base.

1 month ago | law.com | Rhys Dipshan

On Monday, Maveri, a legal tech startup focused on streamlining corporate due diligence for M&A and startup lawyers, came out of stealth mode and announced $3.5 million in funding from a number of investors, including Goodwin partner and co-chair of its Global M&A group, Lawrence Chu. Other investors included venture capital firms Alven, Day One Ventures, Lightscape Partners, Tectonic Ventures, K5 Global and Cadenza, as well as a number of angel investors.

1 month ago | law.com | Rhys Dipshan

On Monday, Maveri, a legal tech startup focused on streamlining corporate due diligence for M&A and startup lawyers, came out of stealth mode and announced $3.5 million in funding from a number of investors including Goodwin partner and co-chair of its Global M&A group Lawrence Chu. Other investors included venture capital firms Alven, Day One Ventures, Lightscape Partners, Tectonic Ventures, K5 Global and Cadenza, as well as a number of angel investors.

1 month ago | law.com | Rhys Dipshan

On Monday, outside counsel management platform Persuit announced that it acquired legal spend analytics and matter management provider Apperio. Financial details of the deal were not disclosed. A press release from Persuit announcing the acquisition noted that the deal allows the company to build “an end-to-end platform that powers smarter decision-making from intake to invoice approval and payment.”