Since starting my LawNext podcast in 2018, I have had the great fortune of sitting down almost every week for conversations with the “innovators and entrepreneurs who are driving what’s next in law.” While I enjoy each and every conversation, the numbers of listens reveal something about which topics and guests you, the listeners,…
The 10 Most Popular LawNext Podcasts of 2020
My LawNext podcast features conversations with the “innovators and entrepreneurs who are driving what’s next in law.” But in 2020, “what’s next” was anybody’s guess.
In this list of the 10 LawNext episodes that were most popular during 2020, it may be little surprise that my April interview with legal futurist Richard Susskind…
Investment Firm to Take Majority Share in Factor, the Axiom Managed Services Spin-Off
The managed services company Factor, one of two companies that spun off last year from legal services company Axiom, said today that one of its original investors, the investment firm Carrick Capital Partners, will multiply its stake in the company to become its majority shareholder.
Although the amount of the investment has not been disclosed,…
On LawNext: Mark Harris on the Post-Pandemic Tsunami for Corporate Contracts
Mark Harris is sounding an alarm – or, as he puts it, staging an intervention – for corporate counsel.
Harris and Alec Guettel, the original founders 20 years ago of alternative legal services provider Axiom and, since last year, the CEO and CFO of contract management company Knowable, have taken the unusual step…
Knowable Responds to Pandemic with New Products, Including Free Contract Management
The contract management company Knowable is responding to the COVID-19 pandemic with the release of two new products designed to help companies understand their crisis-related contractual obligations and entitlements, one of which it is offering free through year-end.
One of these new products, Portfolio Visibility, is a streamlined version of Knowable’s contract management…
Knowable Says Its New Platform Turns Your Contracts Into Actionable Data
Large companies have a problem: Keeping tabs on their hundreds or even thousands of contracts and knowing what is in them.
The legal technology company Knowable believes it has a solution to that problem: Technology that translates contract language into structured data to give companies a broad understanding of what contracts they have, what…
The Decade in Legal Tech: The 10 Most Significant Developments
In legal technology, it was a decade of tumult and upheaval, bringing changes that will forever transform the practice of law and the delivery of legal services.
Feisty startups took on established behemoths. The cloud dropped rain on legacy products. Mobile tech untethered lawyers. Clients demanded efficiency and transparency. Robots arrived to take over our…
Ravel Cofounder Leaves LexisNexis, Joins Axiom Spin-Off Knowable
Nicholas (Nik) Reed was two months out of Stanford Law School when he and classmate Daniel Lewis cofounded the legal research company Ravel Law. Becoming its COO, he helped drive its growth.
When LexisNexis acquired Ravel in 2017, he became vice president of product strategy, playing a lead role in…
LawNext Episode 56: Mark Harris, Axiom Founder and Now Knowable CEO
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…
ALSP Axiom Says It Will Receive Significant Strategic Investment from Private Equity Firm Permira
Axiom, one of the world’s largest alternative legal services providers, said today that it has entered into an agreement with private equity firm Permira by which a company backed by Permira funds will take a significant investment in Axiom.
Axiom’s management team, led by CEO Elena Donio, will continue to lead the company,…
LexisNexis Gets Into Enterprise Contract Analytics through Joint Venture with Knowable
[Updated to include comments from Mark Harris, Knowable CEO, and Ritu Khanna, executive vice president, Global Strategy & Acquisitions, at LexisNexis.]
LexisNexis Legal & Professional today announced that it has entered into an agreement to form a joint venture with Knowable, a company that uses machine-learning technology to help companies better understand their…
Alternative Legal Service Company Axiom Prepares for IPO; Spins Off Two Companies
Major news today regarding the alternative legal services provider Axiom: the company has taken steps to prepare for an initial public offering and, separately, has spun off two companies as separate entities.
Axiom said today that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission relating…