Nineteen years ago, Mark Harris and Alec Guettel founded Axiom, a pioneering service to provide on-demand legal talent to corporate legal departments, growing it into a company with a roster of more than 2,000 lawyers that works with over half of the Fortune 100, while also developing technology and managed services arms.
Last February, gearing up for a possible IPO, Axiom spun off its technology and managed services entities into two new companies: Knowable, which uses machine-learning technology to help companies better understand their contracts, and Axiom Managed Services (AMS), which offers people, processes and technology to provide outsourced legal help to companies.
With the spin-off, Harris and Guettel moved to Knowable, with Harris as CEO and Guettel as CFO. In July, Knowable announced that it had entered into a joint venture agreement with LexisNexis Legal & Professional, allowing Knowable to continue to operate independently, but with the benefit of LexisNexis’s resources and infrastructure.
On this episode of LawNext, Harris joins me to discuss his new “contract intelligence” company, which aims to help companies get a global view of their risks, obligations and entitlements. He also recounts his 19 years starting and growing Axiom.
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