The legal tech “app store” Reynen Court has announced its official launch, as the platform continues to gain new backing from Big Law firms.
The platform is designed to help law firms and corporate law departments speed adoption of legal tech tools.
Since Reynen Court’s 2018 founding, the group has enlisted 19 prominent firms to join its consortium, and has gained a total of more than $10 million in investments. Those have come from three firms—Orrick, Sutcliffe & Herrington, Latham & Watkins, and Clifford Chance—plus a venture capital fund and an investment vehicle controlled by Reynen founder and CEO Andy Klein.
Reynen boasts more than 70 legal tech programs for users to choose from. These tools, many of which integrate artificial intelligence, are designed to help with tasks including document search and analysis, e-discovery, and timesheet management.
The platform has been in beta testing since last August with five of its consortium firms, including Orrick, consortium co-chairs Latham & Watkins and Clifford Chance, vice chair firm Paul Weiss, and White & Case.
The commercial launch includes a version of the platform that is available to firms and law departments that enter into licensing agreements with Reynen.
On Jan. 30, the group announced another law firm investment, from Orrick, of an undisclosed amount.
“We are proud to announce our first commercial offering has been delivered on schedule and within budget,” said Klein in a statement. “With tremendous support from five beta period participants, we have advanced the platform’s functionality and refined our deployment and support services. We are now prepared to commercially launch the members of our consortium as well as additional firms and legal departments.”
To read more articles log in.