Slaughter and May announces second Collaborate cohort
Slaughter and May today announces the successful businesses selected to form the second cohort of the firm’s legal tech programme, Slaughter and May Collaborate.
The seven businesses, selected by the Collaborate team alongside the programme’s client and advisory panels, were chosen from a diverse pool of applicants. The second cohort is as follows:
- Della AI - Della accelerates contract review. Users ask their own questions in their own words to analyse the points that matter to them. Della is used in due diligence and internal audits as well as day-to-day analysis of contracts, leases and other legal documents.
- thedocyard - thedocyard is a deal management and transactional workflow platform which digitises and automates deals by standardising repeatable processes, providing real time status updates, providing virtual data rooms and allowing collaboration between parties.
NOTE: The docyard have since been acquired by Ansarada – see more here. - Immediation - Immediation is a confidential online dispute resolution platform, providing advanced hearing and mediation technology to courts, and an alternative fixed-fee, easy, secure and highly efficient method of resolving disputes outside court.
- Juralio - Juralio enables lawyers and clients to map legal work collaboratively so as to plan, execute, control and report more effectively. This helps to deliver better value for clients, better margins for lawyers and less pain for everyone.
- Lexical Labs - The Lexical Labs system is designed to review documents, identify problems or negotiation points and provide solutions, by combining advanced technology and embedded expertise.
- Novastone - Novastone is a secure instant messaging platform integrated with public IM such as WhatsApp and WeChat. It is designed for firms to deliver a personalised client experience through relationship teams.
- Office & Dragons - Office & Dragons is a document automation startup on a mission to make documenting transactions simple, reliable and fast. It empowers lawyers to transform documents from a mess of static text into dynamic representations of data.
The programme opened for applications for its second cohort earlier in the year, with the start date slightly delayed in light of Covid-19 and the challenges faced across the globe. The 2020 programme will now launch virtually, and has been redesigned to allow cohort members, client and advisory panels, and the firm’s lawyers to take part in the programme remotely.
The first part of the programme will involve each cohort member, and their dedicated mentors; a member of the firm’s Knowledge and Innovation Team and a practising lawyer from a relevant legal group, designing a bespoke programme for each cohort member for the following months.
Jane Edwarde, partner at Slaughter and May said:
“The COVID-19 crisis has challenged businesses of all sizes, but it’s an especially difficulty time for start-up companies. Through supporting these seven innovative legal technology providers, we are reaffirming our commitment to the legal tech and start-up community. We have a particularly strong cohort for Collaborate 2020, representing a diverse range of products across the legal tech market.”
Jane Stewart, Head of Innovation at Slaughter and May added:
“The second Collaborate programme is another great opportunity to join forces with our clients to work together with high potential legal tech businesses. This time we have really challenged ourselves to pull together a programme which runs virtually – at least initially - while still offering our cohort the high level of personal interaction with the firm and its clients.”