Legal tech marketplace rebounding following COVID-19 dip

Cyndi Liebhardt

Gillian Scott also saw issues in the lawful tech current market when COVID hit in March. Scott is spouse, Impressive Products at Osler, Hoskin & Harcourt LLP. Formerly a husband or wife in the litigation team, Scott is now in demand of evaluating, acquiring, staffing, pricing and launching Osler’s lawful […]

Gillian Scott also saw issues in the lawful tech current market when COVID hit in March. Scott is spouse, Impressive Products at Osler, Hoskin & Harcourt LLP. Formerly a husband or wife in the litigation team, Scott is now in demand of evaluating, acquiring, staffing, pricing and launching Osler’s lawful item choices, which include Osler Sprint, an automated franchise disclosure and e-contracting system.

“Trying to provide new solutions for the duration of a pandemic is extraordinarily hard. Advertising authorized merchandise in and of itself is not an straightforward slog, but during a pandemic when folks are scrambling to make sure that their enterprises keep on being feasible is not a fantastic time to be pitching new lawful offerings,” Scott suggests.

“As we are coming out of it, it is in fact making some chance.”

In August, Barr and Thomson Reuters debuted HighQ 5.4, a cloud-primarily based system made use of for customer, document, challenge, transaction, litigation, compliance and portfolio management. HighQ was founded in 2001, owned privately until eventually 2015 and by the time Thomson Reuters acquired it in July 2019, was applied by 400 legislation firms, globally.

“We have usually centered on creating collaboration software and shopper engagement computer software. And about the a long time, we have expanded our system substantially,” says Barr.

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