Business & Practice

Wake Up Call: Former Big Law Partner Sells Legal Tech Startup Doxly

Aug. 16, 2019, 11:33 AM
  • Chicago-based legal tech firm Litera Microsystems acquired Indianapolis-based startup Doxly, a provider of transaction management software that was created by former ICE Miller corporate and securities partner Haley Altman a little over three years ago. No terms were disclosed. Doxly’s clients are mostly law firms, such as Wilson Sonsini Goodrich & Rosati, where Altman was an associate earlier in her career. That firm said this week that it’s using Doxly, which eases the signing and closing processes, for its emerging companies group. (AbovetheLaw.com) (Artificial Lawyer)

  • Doxly is one of about 50 vendors listed on legal tech platform Reynen Court, which yesterday officially launched its “app store” aimed at enabling corporate lawyers to securely buy and download programs. Reynen Court also lists alternative legal services provider Elevate, e-discovery provider Everlaw; and AI automation platform Neota Logic, as vendors. The platform’s “beta” launch starts off with its five original backer firms Latham & Watkins, Clifford Chance, Paul Weiss, White & Case, and Orrick using it, with the rest of its 18-firm consortium to start later. (BLAW via BLB)

  • LeClairRyan’s partners have voted to dissolve, but problems keep piling up for the Richmond, Virginia-based firm. The latest is a California lawsuit alleging $100,000 in unpaid fees. (BLAW via BLB) Meanwhile, lawyers continue to stream out of the firm. In Newark, New Jersey, K&L Gates picked up a team of four LeClairRyan lawyers focused on environmental litigation and regulation and mass tort litigation. It named Joseph F. Lagrotteria, head of LeClairRyan’s environmental practice area, Dorothy Mello Laguzza, Gary M. Sapir, and Adam G. Husik as joining. (KLGates.com)

  • Management-side worklaw firm Littler appointed its Orlando managing shareholder, Jeffrey Jones, to also serve as managing shareholder of its Miami office, effective Aug. 1. (Littler.com)

  • Sidley Austin advised New York headquartered GoldenTree Asset Management on its deal to buy Syncora Guarantee Inc., the financial guarantee insurance subsidiary of Bermuda-based Syncora Holdings Ltd., for $392.5 million. Golden Tree also got advice from Sheppard, Mullin, Richter & Hampton, while Debevoise & Plimpton advised Syncora. (Nasdaq)

  • Milbank advised a consortium of investors led by Hong Kong private equity firm EXS Capital and Japanese fund manager ACA Investment on its investment into SonKim Land Corporation, a developer of luxury real estate properties in Vietnam. SonKim Land raised a total of $121 million, including $13.5 million from Credit Suisse. (Milbank) (Yahoo! Finance)

  • The Legal Services Corporation, an independent nonprofit established by Congress to provide financial support for civil legal aid to low-income Americans, said it awarded $4.3 million in pro bono innovation grants to 14 legal aid organizations. The Volunteer Lawyers Project of the Boston Bar Association’s $234,161 grant targeted two clinics to help victims of wage theft and defendants in debt collection cases. Legal Services NYC’s $473,450 in grants is headed for programs to help low income tenants improve their housing conditions. (LSC.gov)

  • Texas-based firm Haynes and Boone is helping train legal-aid lawyers to provide free legal counsel to New York City low-income residents facing eviction. (BLAW via BLB)

Lawyers, Law Firms, Deals

  • An Arizona task force is considering proposals for rule changes that could allow nonlawyers to do some legal tasks, in a bid to improve access to justice. The Arizona proposals go further than similar panels in California and Utah have gone on the subject. (BLAW via BLB)

  • Seattle-based Hagens Berman Sobol Shapiro said it is investigating London-based luxury clothing e-commerce site Farfetch Limited for possible disclosure violations related to its September 2018 IPO, which the law firm said raised over $880 million on the New York Stock Exchange. (Fashion Law) (Financial Times)

Laterals, Moves, Promotions

  • The University of North Carolina hired a former Justice Department appellate litigator, Charles Marshall, to fill its vacancy for vice chancellor and general counsel, effective Sept. 16. Marshall, who is also a former adviser to now-Senate Majority Leader Mitch McConnell, arrives most recently from a Raleigh law firm, where his focuses include data privacy, digital media, business litigation and election and ethics law. (UNC.edu)

  • Connecticut-based property casualty insurance company Travelers Cos. Inc. promoted associate group general counsel Yafit Cohn to be its first chief sustainability officer. (Investor.travelers.com)

  • The University of Rochester hired a higher education in-house veteran, Donna Gooden Payne, as its new vice president and general counsel, effective Oct. 21. She arrives from East Carolina University, where she is university counsel and vice chancellor for legal affairs. (Rochester.edu)

Legal Actions, Decisions

  • A federal judge this week ordered the Kansas U.S. Attorney’s Office to pay all legal fees and costs in a criminal case, after finding the entire office in contempt of court for allegedly listening to defendants’ attorney-client conversations, in violation of their constitutional rights. (Law & Crime)

  • A federal judge ruled yesterday that Georgia can use its old electronic voting machines in 2019 but it has to switch to a new paper ballot system starting with presidential primary elections next year. Morrison & Foerster partner David Cross is representing pro bono a group of Georgia citizens who are plaintiffs in the suit, Donna Curling v. Brad Raffensperger. (BLAW) (Atlanta Journal Constitution)

To contact the correspondent on this story: Rick Mitchell in Paris at rMitchell@correspondent.bloomberglaw.com

To contact the editors responsible for this story: Rebekah Mintzer at rmintzer@bloomberglaw.com; Molly Ward at mward@bloomberglaw.com

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