Reed Smith Enters the Legal Technology Market With GravityStack Subsidiary
The firm's new U.S. subsidiary will incubate and license legal technology, as well as offer tech counseling and managed services to law firm and legal department clients.
April 24, 2018 at 01:11 PM
5 minute read
The original version of this story was published on Legal Tech News
Photo Credit: Diego M. Radzinschi/ALM
Joining a growing number of law firms entering the tech business, Reed Smith announced the launch of GravityStack, a spin-off subsidiary technology group that will create and license the firms' technology products and provide managed services to law firm and legal department clients.
Bryon Bratcher, head of practice support at Reed Smith and now the managing director of GravityStack, described the new U.S.-based subsidiary as a “data-driven technology group trying to tackle some of the challenges that come up both in litigation transactions and compliance areas of law.”
The new subsidiary, which is wholly owned by Reed Smith, will act as an internal development incubator for new legal technology that it will design, test and license out to legal clients. GravityStack, though, will operate in a few others areas as well. “One is legal technology and systems counseling,” Bratcher said, noting that the group will help clients analyze their data and recommended, implement and optimize legal technology systems.
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