In the United States,
Axiom Legal, and Outside GC pioneered the process of bundling experienced lawyers who didn't want full - time work, and selling them to General Counsel at set rates.
Before Pandora, Costin maintained a private legal practice and served as a member of the Attorney Bench at
Axiom Legal.
That value gap has created a market for cheaper service providers, including two represented at the conference:
Axiom Legal, led by former Davis Polk & Wardwell associate Mark Harris; and Virtual Law Partners, started by Silicon Valley veteran Craig Johnson.
Yet the Financial Times in 2012 ranked
Axiom Legal the # 2 Most Innovative Law Firm in Client Service, # 1 Most Innovative Law Firm in Corporate Strategy, # 2 Most Innovative Law Firm in Value Resourcing and # 3 Law Firm in Strategy.
In the matter of
Axiom Legal Financing Fund: Advising the receivers of a Cayman Island investment fund in relation to a number of issues / claims arising out of the fund's collapse into Insolvency.
So take a look at
the Axiom Legal Web site; perhaps this concept might work for you.
Axiom Legal, however, faces stiff competition from California - based Paragon Legal, a company that employs a similar model.
«NYC - based
Axiom Legal Solutions...
Not exact matches
The Economist adds that
Axiom, which is now 11 years old, has been able to grow its revenue steadily as companies seek ways to trim their
legal spending: from $ 55 million in 2008, to $ 80 million in 2010, to an expected $ 120 million in 2011.
«The part [of the
legal profession] that is actually growing,» Katz says, «the Clearspires, the
Axioms,
legal process outsourcers and software companies — they need people with particular sets of skills,... who know the law, understand software and technology, and [know] how to mesh the two.»
Recently, the tech - enabled
legal services company
Axiom announced its first AI offering, AxiomAI.
GLG has hired David Solomon, former director of financial services at
legal services innovator Axiom Global, to be GLG Law's first dedicated general manager, and David Perla, former president of Bloomberg BNA Legal and cofounder of legal - process outsourcing trailblazer Pangea3 (not to mention, Above the Law columnist), as senior adv
legal services innovator
Axiom Global, to be GLG Law's first dedicated general manager, and David Perla, former president of Bloomberg BNA
Legal and cofounder of legal - process outsourcing trailblazer Pangea3 (not to mention, Above the Law columnist), as senior adv
Legal and cofounder of
legal - process outsourcing trailblazer Pangea3 (not to mention, Above the Law columnist), as senior adv
legal - process outsourcing trailblazer Pangea3 (not to mention, Above the Law columnist), as senior advisor.
New
Axiom CEO Elena Donio on ambitious growth plans and transforming the traditional
legal services model
Paul Carr, president of global strategic projects at
Axiom, believes this technology and AI in general could be transformative for the
legal industry.
Canada - based
legal AI company, Kira Systems, has launched a Certified Service Provider Program, with professional services firms Deloitte and Mainspring Consulting Group, as well as alternative
legal services providers
Axiom, Cognia Law and Elevate, all joining as members.
Sandy Devine,
Axiom, Managing Director Europe «Technology transforming
legal services» Jörgen Modin, Chromaway, «Smart contracts of the future» Richard Tromans «Legal AI — Where it Stands Today and What it Means For Lawyers and Clients&r
legal services» Jörgen Modin, Chromaway, «Smart contracts of the future» Richard Tromans «
Legal AI — Where it Stands Today and What it Means For Lawyers and Clients&r
Legal AI — Where it Stands Today and What it Means For Lawyers and Clients»
Hence, it has made more sense for existing providers, including alternative
legal businesses such as
Axiom, for example, to make use of Kira's AI capability in its work for the end client.
They have also been encouraged by the success of other
legal companies, like Slater and Gordon, and
Axiom in the US, and they've seen a lot of potential for investment in the
legal sector.
She gave a great overview of how
Axiom is bringing process and
legal engineering to its clients.
Axiom will initially embed Kira into its M&A Diligence and Integration offering to source relevant clauses from those contracts, thus enabling more efficient interpretation and structuring of contract data, which underlies the insights
Axiom provides to its clients»
legal and business users.
The Rocket Lawyers and
Axioms of the world are already beginning to challenge the flip phone standards that prevail now in the delivery of
legal services.
In the latest episode of Law Technology Now, I have a conversation with Carr about how
Axiom will be using AI to modernize
legal services and streamline processes in order to better serve their clients.
Bryan Friedman, general manager for Canada at
Axiom, which provides technology - enabled
legal and contracting services, warns that «one area particularly impacted by technology is anything that involves high - volume, repetitive work.»
Mark Harris of pioneering alternative law firm
Axiom describes his firm as a non-traditional technology - led provider of
legal services.
To paraphrase the common «look at the sunny side»
axiom, «when your client hands you
legal lemons, make
legal - ade.»
«There are a lot of
Axiom clients who are not yet Cognition clients who handle their
legal work here through traditional firms.
And then there's the streamlined, technology driven
legal service providers like LegalZoom, Trademarkia, and
Axiom.
The new partnership follows in the wake of Allen & Overy's online offering MarginMatrix and
Axiom's new derivatives offering, which has seen it leverage its technology and
legal team to win derivatives work from numerous global banks.
The complexity of modern
legal persuasion goes far beyond the dispensing of moral
axioms.
Bryan Friedman, general manager of
Axiom, says the
legal services provider attracts lawyers who want the ability to say yes or no to certain files.
Carving out our space in the market, we became part of a movement of lawyers on a mission to innovate
legal services, alongside other early adopters like
Axiom and Lawyers on Demand.
Axiom, Elevate, Novus, Pangea3 and others in the New Law pantheon of not - your - grandfather's
legal services providers grew bigger.
Axiom's marketing materials refer to the company as providing «technology - enabled
legal services» and a «new law model on a mission to transform the
legal industry.»
This is the path that companies such as
Axiom Law (
legal placement and outsourcing), Lex Machina (
legal data analytics), KCura (Web - based e-discovery) and Anaqua (intellectual property asset management) have followed.
I report on our conversation for my column this week at Above the Law:
Legal Services Innovator
Axiom Unveils its First AI Offering.
Ambitious growth and amplification of
Axiom's mission to modernise the delivery of
legal services are the twin targets of her ambition.
Consequently, we better remember the most important
legal axiom in the business world:
One can, and many law firms surely do, view
Axiom through that lens as it moves into «end - to - end management and delivery of complex
legal processes.»
Axiom has won work from seven global banks to help them prepare for forthcoming changes in derivatives regulation across the European Union, United States and Asia, leveraging its tech and a team of over 300
legal, negotiation and regulatory specialists trained in derivatives documentation.
Time will tell whether the
Axiom - like concept of providing high - end, project - based
legal services translates well when exported overseas.
But it is the innovation of: (1) alternative
legal services that cut costs by cutting the competence of the people who deliver the
legal services; (2) the commercialization and industrial production of
legal services (such as, LegalX, LegalZoom, LegalZoom (Canada),
Axiom, and, Neota Logic); and, (3) of ownership of law firms by investors referred to as, «alternative business structures.»
A few weeks later, PWC in the U.K. announced it was launching «Flexible
Legal Resources» to provide corporations with lawyers when needed, taking the form of services offered by ASPs such as
Axiom.
San Francisco - based
Axiom provides experienced temporary lawyers for in - house
legal departments, and currently has 250 placed at companies.
Axiom's own website states: «
Axiom is not a law firm and does not provide
legal representation or advice to clients.
BT continues to use alternative suppliers, such as Elevate,
Axiom, Halebury, NewGalexy Services and Obelisk Support, and has launched a number of technology initiatives, such as
legal projectmanagement software, document management and an internallydeveloped software tool for the wider business to seek automated regulatory advice on complex global transactions.
Alternative
legal service providers such as LegalZoom and
Axiom continue to grow and capture market share away from traditional law firms.
Elevate Services and
Axiom Global were identified as the two leading law companies or alternative
legal service providers in a leading industry study announced last November.
Never mind preparing students for Skadden or Linklaters; prepare them for
Axiom, Lawyers On Demand, Clearspire, Quality Solicitors, Eversheds
Legal, and similar operations that look like they'll be offering an increasing percentage of legal jobs over the next couple of dec
Legal, and similar operations that look like they'll be offering an increasing percentage of
legal jobs over the next couple of dec
legal jobs over the next couple of decades.
It's a well - known
axiom in the
legal tech world that effective early data assessment on the front end of the eDiscovery process can significantly reduce data that must be processed later in the workflow.
Formerly Managing Director of
Axiom in the UK and Director of LexisNexis's UK
Legal Business, Nick's expertise lies in the field of new business models, technology and knowledge in the legal se
Legal Business, Nick's expertise lies in the field of new business models, technology and knowledge in the
legal se
legal sector.