News
Deloitte released its 2021 State of Legal Operations Survey. Nearly half of responding organizations (45%) say they always now consider using alternative legal service providers and legal managed services, up 12% from 2020, suggesting a shift in the competitive landscape. More here.
Kirkland & Ellis announced a November 8 office return for its staff. In recent days, more than half a dozen Big-law firms settled on November return-to-office plans. More here.
Francisco Partners Acquires Paradigm - The investment firm (specializing in tech) has acquired Paradigm, the parent company of PracticePanther, Bill4Time, MerusCase and Headnote. The deal is estimated to be worth $400M. More here.
Thomson Reuters Launches $100M VC Fund - the company announced this week it has launched a $100M venture capital fund to invest in early stage companies that serve professional audiences in legal, tax and accounting, and news media business verticals. More here.
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