However, just two years after its birth, Dentons started launching affiliated companies that would enable it to drive innovation in the legal space. Unsolicited emails and other information sent to Dentons will not be considered confidential, may be disclosed to others, may not receive a response, and do not create a lawyer-client relationship. Data Privacy: AdTech is a growing trend, however it also give rise to concerns about how advertisers … The webinar takes place on 16th December at 4 pm GMT. On the other hand, innovation - continually trying new things, consciously avoiding preconceived notions or biases, and thinking expansively and creatively about ways to solve problems - is a much more difficult, messier mandate. Let’s get started. It is the first initiative of its kind. For example, at Nextlaw Labs, we're currently collaborating on a few systemic solutions. Especially if they already had all the know-how and resources to incubate innovative legal tech, processes, and companies? However, just two years after its birth, Dentons started launching affiliated companies that would enable it to drive innovation in the legal … Operating at the intersection of innovation, strategy, finance and law, our venture tech and startup lawyers offer perspectives on evolving industry trends and emerging market opportunities. (nobody is expecting attorneys to know how to use these new tools perfectly well - they have a bit of leeway to experiment, try and fail without judgment). On any given day, I could be vetting potential investments and partnerships with early-stage legal tech startups. Michigan State University was employed to advance the common good in rare ways for at least 150 decades. Hence, I look at legal industry modernization as leveraging the lessons others have learned about operating in a global economy, with all the constraints and benefits of the world we live in today. And most importantly, because the entrepreneurial mindset requires seeking out diverse perspectives, I am optimistic that this experience has shown how essential diverse teams are to creating solutions that will be useful to people with different needs, assumptions, skill levels, and perspectives. D’Amore received his B.S., with distinction, from the Cornell University College of Agriculture and Life Sciences, in biology and society, and his J.D. Maya also serves on the boards of Legal Access Alameda, LexLab, and OneJustice. Legal Tech Download: Dentons, Orrick Make Tech Plays. Hence I grow quite curious when I find exceptional examples, and Avvoka’s Academy is undoubtedly one. Since I'm in the trenches, I feel responsible for guiding early-stage technologies with a more holistic, longer-term view. Our mission is to solve business problems via early-stage legal tech. Maya Markovich: No two days at Nextlaw Labs are the same (chuckles). location.telNoTitle+' '+location.telNo:''}}, {{location.mobileNo? from Yale Law School. 'M '+location.mobileNo:''}}. Hence, I draw on that experience to maximize engagement, drive adoption, and overcome resistance. Cookie Consent Manager © 2021 Dentons. : What's the Future and Why It's Up to Us, The Fuzzy and the Techie— Why Liberal Arts Will Rule the Digital World, They're pushing their firms to eliminate outdated models, Top 5 CloutLegal posts in '20 and what to expect in 2021, How Avvoka ensures its innovation yields value. With access to justice, we need tools that increase access to and quality of legal services without algorithmic bias. Dentons' Public Policy practice is excited to invite you and your colleagues to the next edition of Dentons Dialogue: a series of dynamic conversations breaking down front burner policy issues around the US. If Dentons were as large in America as the firm is in its U.K and the Middle East region, relative to the size of the legal market, it would have 2,274 U.S. lawyers. I often feel there's now an opening for lawyers to do more experimenting with new tools and processes, with the psychological safety to do so. There are many problems to be solved, and a real opportunity to define the market with a new solution. Where do you start? Others are joining to guide the legal arms of KPMG, Deloitte, EY, and PwC, which differ in focus but by and large on offering digital and automated legal innovation services to existing firm clients. The legal profession is undergoing disruption, driven by forces that include globalization, technology, generational shifts, as well as client needs, expectations and demands. Q: What do you consider the most important skills that lawyers should have for the future? Partner with our multidisciplinary team of lawyers who specialize in corporate, venture capital, mergers and acquisitions, initial public offerings, licensing, privacy, intellectual property, capital markets, tax, litigation, employment, real estate and regulatory for cutting-edge counsel across the technology sector. Battley joins the FTSE 250 British watch retailer after five years as GC and company secretary at New Look. This website and its publications are not designed to provide legal or other advice and you should not take, or refrain from taking, action based on its content. Back in 2013, when I went through acceleration, I wondered why law firms weren't doing what felt intuitive. Anything else? He argues we need to build and employ technology for the good of many rather than the benefit of a few. With her unique background spanning behavioral science, law, investment, and change management, she delivers next-generation technology, process, client, and business growth services across the globe for the Dentons ecosystem, including acceleration of legal tech … By Varsha Patel | February 02, 2021 at 07:23 AM We use this information to make the website works as well as possible and to improve our services. Nextlaw has since grown into five operating units. By Aebra Coe. Now at Cornell Tech, D’Amore brings his legal industry experience to the Cornell Tech community, teaching Technology Transactions and Trade Secret Law and Practice. It can sometimes be challenging when the demand is higher than what the startup can scale to immediately. We ask many questions and listen to the end-users (attorneys or clients). There are already countless examples of the pitfalls of technology built by a homogeneous group. If you could sum it all up in one word, what would it be? Q: As a part of your role, how often do you interact with legal tech startups? You know - gathering feedback, running pilots, assessing success, supporting implementation, and helping scale intelligently while addressing pressing market challenges. Another great book is The Fuzzy and the Techie— Why Liberal Arts Will Rule the Digital World by Scott Hartley. You are currently viewing Dentons' global capabilities in Technology. Can law schools shape the next generation of legal? What should they pay attention to? As someone with the good fortune to work with colleagues from around the globe, I know that understanding and collaborating with diverse points of view is not optional - it’s NECESSARY. Dentons is a global legal practice providing client services worldwide through its member firms and affiliates. Dentons delivers on all fronts. Nowadays, Ivan leads STP Informationstechnologie AG's Sofia RnD center with project/development management, culture, strategy, and special project initiatives. Editor’s note: we’ve written a few times about the likely coming Compliance as a Service - CaaS - model. It is paramount to focus on applying new methods to existing workflows and adapting existing workflows to new demands. Based on a new technology platform, the Nextlaw Global Referral … what the startup can scale to immediately, the legal profession is undergoing disruption, WTF? Not the old school kind of lawyer, but trusted counselors who can think creatively, have in-depth knowledge of their business and have the EQ to understand their needs. Loosening the bonds of the billable hour, and becoming more comfortable with the value and process of experimentation, are critical to transforming the legal industry. : What's the Future and Why It's Up to Us by Tim O'Reilly. Dentons has advised the management team and shareholders of Sigma Sports on a new minority investment made by Primary Capital Partners LLP, a leading provider of private equity finance for UK-based growth companies. Graduates of Michigan State University College of Law - the names, photos, skill, job, location. I've personally spoken to most of those as part of our vetting process. Some BigLaw firms have much more to show than what it usually seems (as I also learned a few articles ago). Greater Chicago Area Director, Legal Affairs at Rand McNally Consumer Electronics Education The John Marshall Law School 2001 — 2004 JD, Intellectual Property Law Michigan State University 1996 — 2000 B.S., Science and Technology … D’abord, il constitue un livre de lecture qui présente des histoires tantôt amusantes, tantôt tristes, avec des personnages différents pour chacune d’elles. Please click Confirm below to continue. Simply, I try to stay on top of the rapidly expanding and evolving global legal tech landscape. Editor's note - Maya puts it quite nicely why lawyers will be in demand in the future, even as their role changes (e.g., through use of RPA). To proceed, please click Accept. Global law firm Dentons has entered Ecuador through a combination with Paz Horowitz Abogados, raising its presence in Latin America and the Caribbean to 26 countries. After his work in law firms and inhouse, he started a legal tech company. MM: I loved WTF? Information on the Michigan State University College of Law - contacts, students, faculty, finances. The law has not benefited from these advances in the way other industries have. We have to make this tectonic shift as an industry to enable substantive progress toward growth, improved efficiency, increased access to justice, or any other advancements. So, yes, managing expectations is also a big part of my role! What the team is known for Dentons is a growing force in the Dutch FinTech market, in no small part due to the calibre of its recent hires. Nextlaw Labs - the first among the group of Nextlaw companies -  was founded in 2015. Their perspective will inform and steer the development of the most creative and successful new business models. Additionally, I engage in strategic planning with global practice leaders to define and execute their practice innovation strategies. Ce livre d’histoires s’adresse aux enfants de plus de “8 ans”. We work closely with our sister company, Nextlaw Labs, to partner with and drive exploration of early-stage legal technology in the Dentons ecosystem – the world’s largest firm, its clients, and Nextlaw Referral Network, the largest legal … Its aim is to curate, pilot, and adopt legal tech and processes that address legal business challenges. Dentons has advised the family office of Ivan Chrenko, working alongside the office’s longtime trusted legal advisor, Law & Trust, in connection with the sale of Exponea, a leading European customer data and experience platform, to Bloomreach, a US venture capital backed eCommerce digital experience platform. In the contemporary world of clutter, the only way to stick out from the noise is to lend a helping hand. Dentons is a global legal practice providing client services worldwide through its member firms and affiliates. Why leave innovation to someone else? The end goal is (of course) to identify and prioritize business problems within the practice of law for which technology might be a solution. MM: Regardless of the leaps and bounds made in legal technology, the billable hour continues to constrain industry development. MM: I think the most significant threat is going back to the traditional practice of law. Operating as a boutique within the world’s largest law firm, Dentons Global Venture Technology Group delivers nimble, seasoned counsel to cutting edge tech companies and venture investors from our offices located in the world’s most vibrant tech … Likewise, it brings diverse stakeholders together for a common goal that benefits them individually and collectively. MM: There's a growing understanding that change is imperative, especially now, which helps build momentum. ILSA, launched earlier this year, plans to work with […]. However, it has to include elements like a full-time founder/leadership team, an MVP, and some early market traction. With $2,899,600,000 gross revenue in 2019, the firm placed 5th on the 2020 Global 200 ranking. Understanding how people think and what motivates them is also useful. Nextlaw Ventures (the Labs investment arm and the world's first legal tech-focused venture fund); Nextlaw Referral Networks (the world's largest networks of small to midsize firms and PR firms); and. On the other hand, techies, or computer scientists, build and manage the technology supporting the business models. Dentons’ FinTech Ins & Outs product offers … However, others are leaning into innovation with a focus on the mid- and longer-term future - where our clients will need us more than ever before. Legal Tech Profile: Libryo – Dentons, New Products + Spending Funds Wisely Legal tech company Libryo has partnered with 10,000-lawyer Dentons to roll-out its new compliance system, which will … She has been central to Nextlaw Labs, Dentons's tech-focused innovation catalyst, since its inception in 2015. Hartley posits that the contributions of the fuzzies--social scientists--are too often discredited. It just makes sense. MM: It depends on the situation. Some enable real-time transparency into environmental regulations, COVID-19 requirements across regions, and compliance with rapidly shifting statutory obligations. Tell us whether you accept cookies. Clients urge them to adapt to the standards of flexibility, efficiency, and transparency they're already using. Other areas of expertise include transactions involving agricultural technologies, energy, oil sands, resource recovery technologies and many other specialized technologies. MM: We've reviewed close to 400 legal tech startups as part of our Nextlaw Ventures investment opportunity pipeline. Dentons is pleased to announce that David Wotherspoon has joined the … Litigation plays an important role in a law firm’s suite of services, and in this first-ever ranking, we are celebrating Asia’s top 15 litigators. For lawyers, knowledge of context, critical thinking skills, and EQ are increasingly important. Dentons is proud to announce the launch of the Firm’s Transformative Technology and Data Strategy practice group. To succeed in today’s highly competitive technology sector, you need a law firm with sector-specific legal expertise and experience, as well as a deep understanding of the key business issues driving change in the industry. Last year, it maintained its position as the tenth-most recognised legal … Below are Maya's answers, insights, and thoughts on the importance of innovation in the legal industry. MM: Working with legal tech startups is so rewarding. ROSS Intelligence presents Legal Tech Corner – named one of the Top 50 Legal Blogs by the American Bar Association – your number one resource for news and updates on the law, legal technology, artificial intelligence, and much more. In addition to Nextlaw Labs, these include: These entities all provide Dentons clients with holistic, comprehensive support that goes well beyond traditional legal services. With her unique vantage point, I was curious to learn what was behind the Dentons initiative. Building a team of people very different from yourself and appreciating their way of solving problems is a vital yet underestimated component of success. Adopting AI is crucial for the future of the legal industry, say top legal experts during this year’s virtual LegalWeek conference. Q: For starters, would you tell us how your typical day looks? Q: Dentons created Nextlaw Labs and Nextlaw Ventures to support, reinvent, and boost its primary business. Get plugged into our deep network of venture capital investors, advisory board members and seasoned tech … They also need to develop competency in creativity, flexibility, collaboration, and emotional intelligence. That’s why Dentons, the world’s largest law firm, created the Nextlaw Referral Network, with members spanning more countries than any other legal referral network. She delivers next-generation technology, process, and business growth services across the globe for the world's largest firm and its clients, including the acceleration of legal tech startups in the Nextlaw Ventures portfolio. And since the sector is snowballing, I still talk with new startups every week. Dentons is honoured to be once again recognized as the leading firm in Ottawa for Technology law according to Lexpert. My personal favorite is still The Mom Test. Through our experiences advising a wide range of participants in the technology ecosystem from emerging growth software and IT companies to multinational technology suppliers, we deliver creative solutions that stand out, help you achieve strategic objectives, minimize risk and deliver results that grow market share. Nextlaw Labs was started to shape and drive this disruption and embrace the opportunity to be a force for transformation. He closely follows and writes on future of law, legal tech, ALSPs, and new ways of delivering legal services. The underlying tech may change, but the role of lawyers is becoming all the more crucial as these technologies evolve. Q: What books (if any) would you advise anyone (interested in innovation) to read? Early-stage is indeed a fluid term - for us, it is seed or pre-seed. The legal profession’s constraints have traditionally not made any room for this, nor for supporting and seeing the value in others’ experimentation. location.mobileNoTitle+' '+location.mobileNo:''}}, {{location.telNo? In May 2016, Dentons announced plans to disrupt the pay-to-play legal referral industry with its own free, quality-based referral network. Nextlaw Labs – Dentons’ experiment with legal tech Some BigLaw firms have much more to show than what it usually seems (as I also learned a few articles ago). How do these impact Dentons’ business operations? I also work closely (and daily) with the startups we've collaborated with via investment or partnership. Luminance's 'Diligence' legal tech platform is used by the law firm for M&A due diligence, real estate and data protection compliance Support Independent Law News Here 2 March 2021-Luminance, the leading artificial intelligence platform for the legal profession, has announced that innovative Portuguese law firm, Vieira de Almeida (‘VdA’), has become the latest customer to "Dentons is committed to using intuitive and clever technology to advance the practice of law and help solve our clients' legal challenges. {{ getActiveCase(headerData.languageLinks,'active',true).languageCode | uppercase}}, {{ getActiveCase(headerData.languageLinks,'active',true).name}}, {{contact.firstName}} {{contact.lastName}}, {{location.telNo? And to truly effect change, lawyers with character qualities of resilience, creativity, curiosity, comfort with ambiguity, and a bias to action will have the most impact. Q: What do you see as potential threats to law firms today? Law has been mostly static for generations. Ivan is an Ambassador at European Legal Tech Association (ELTA). Dentons has advised Sberbank on the acquisition of 100 percent of Yo-Engineering, which has been developing the Russian “Yo-mobile” hybrid electric car, from Belarusian company KG Impex. News Australia’s Thomson Geer Returns to Dentons for Latest Partner Hire The latest departure follows 20-person raid by the local firm on Dentons last year. Legal innovation is also an excellent place to use my experience and create meaningful change in the legal industry. NextLaw Labs, the Silicon Valley-based legal tech incubator wholly owned by Dentons, this week announced its first investment will be in ROSS Intelligence Inc., a legal research tool powered by IBM’s Watson technology. Q: Vice-versa, what do you find as possible opportunities? A lot of what we do involves change management. MM: While the law will never be the same, clients will need us more than ever. Likewise, I often work with attorneys to explore new solutions and consult with clients on their legal workflow challenges. Dentons advises UniCredit on a €450 million secured sustainability-linked financing for Gunvor Gro Dentons August 3, 2020 . The legal profession is feeling a broad urgency to modernize. Down the road, I see legal services delivered increasingly on a project-based, SaaS model. Wasn’t churning billable hours good enough? Dentons … Dentons is a global law firm driven to provide you with the competitive edge in an increasingly complex and interconnected marketplace. MM: Dentons recognized early on that the legal profession is undergoing disruption, driven by things like globalization, technology, generational shifts. Students at the University of Toronto developed a new form of legal technology that has heads turning in the legal profession. Q: “Definition, development, launch, and adoption…” - Let’s focus on the “definition” part a bit - how do you define early-stage legal tech? Our $800 billion profession has traditionally been very resistant to change. I give my best to accelerate companies, their business, and technology, both in and outside the Dentons ecosystem. Dentons, born and grown in a series of mergers, would otherwise feel like a typical BigLaw story. Must be daily, right? You are switching to another language. Thursday 25 February, 4pm to 6pm, taking place virtually. The ladies and gents at Avvoka [...], The Innovation in Law Studies Alliance (ILSA), an initiative aiming to help law schools modernize study programs, will gather some of the most renowned experts in innovating legal education. It helps to reach buy-in on new processes. All of those have to ensure that legal services are both effective and ethical. Law firm Dentons has recruited five new partners from Cassels, Brock & Blackwell LLP in an effort to strengthen its insurance law practice. Dentons Canada Summer Students Get Hands On with Legal Tech On: Aug 26 Author: Editor Categories: Business , Technology , Thought leadership Summer 2020 brought a virtual Summer Student experience to Dentons Canada, and Nextlaw Labs was excited to give summer students the opportunity to spend part of their time learning how legal tech … Global law firm Dentons has recruited Loïc Lemercier as a partner and Head of the Intellectual Property and Technology practice in Paris. Helping you in the digital transformation of your business. In terms of identifying challenges to be solved, we take a loose design approach to our work. In a related transaction, Sixth Street’s Growth fund invested US$150 million in Bloomreach. Why does Dentons invest heavily in legal tech? Q: What is the most energizing part of working with legal tech startups and legal innovation? The firm has a market-leading financial regulatory practice, supported by its strength in technology… “One thing that we have at Dentons … Global law firm Dentons has added a former Stradling Yocca Carlson & Rauth partner as a partner and co-head of the firm's Southern California venture technology group, based out of its offices … She also mentors for LegalGeek's Women in LawTech, The Legal Forecast, and the University of Arizona TechLaw Fellows programs, supporting legal tech initiatives to improve access to justice and gender equity. Find at Dentons Skip to content This website uses cookies to give you the best user experience, for analytics, and improvement of functionalities of this website and third party sites. It's starting to become clear which firms are focusing on coming out of this situation better than they were before, and which are thinking this is a temporary shift. Dentons FlashpointDaily Global Situation ReportMarch 9, 2021Global Situation Update: March 9, 2021A Brazilian judge annuls all sentences against former President Luiz InácioLula da Silva, … The prototype even caught the eye of law firm giant, Dentons, who just … Dentons 20-Strong Scottish Team Heads to Local Rival The team will join later this year and is led by two partners. They're pushing their firms to eliminate outdated models of work. All rights reserved. Event: Secrets to Success: legal tech edition — with Dentons, DWF, Pinsent Masons and ULaw. Some firms and legal departments are shelving or abandoning innovation or transformation projects. Why do you feel Dentons took this step? August 7, 2015 Dentons, the global law firm, today announced that Nextlaw Labs, its collaborative innovation platform, has joined with IBM to create a technology platform program using IBM Cloud to enable startups to create and deploy legal … But I hope there will be, at least for some, a real shift in outlook that will make folks more open to that experimentation and thus, pave the way for real innovation and transformation. And what is the most challenging aspect of it? We simply cannot win without it. If you are not already a client of Dentons, please do not send us any confidential information. This website and its publications are not designed to provide legal or other advice and you should not take, or refrain from taking, action based on its content. Dentons’ Amsterdam FinTech team has visualized four types of partnerships and investments between incumbents and FinTech companies.
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