Seal Software Acquires Apogee Legal, Ramping Up Analytics & Legal Industry Footing
Seal Software's move gives it a stronger foothold in its legal vertical, which currently comprises significant portions of its business.
July 19, 2018 at 02:36 PM
2 minute read
Large-scale product overhauls from Thomson Reuters and LexisNexis have marked July a hot month for analytics. The latest to shine a spotlight on this technology is Seal Software, which in a move to bolster its own analytics suite announced July 12 its acquisition of Apogee Legal. Seal saw growth activity earlier this year, announcing a partnership with DocuSign and an investment of $30 million from Toba Capital, which is the company's principal investor. Seal Software is considered part of the intelligent contract analytics market, which Aragon Research estimates will reach a value of more than $10 billion by 2025. Seal CEO Ulf Zetterberg noted in a release Apogee's role in the company's advancement, saying, Apogee's team, " which includes more than 20 AI-literate lawyers” has helped the company's clients develop “advanced analytic 'packs' for highly complex cases.” Analytics technology shows no sign of slowing its growth into the legal sector. Thomson Reuters' Westlaw Edge, a revamp of Westlaw, utilizes analytics for both litigation and research. The same is true of LexisNexis' Lexis Analytics, a suite of technologies largely featuring those of acquired companies, like Ravel Law and Lex Machina.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllTrending Stories
- 1AI: An Enhancement, Not a Replacement for Attorneys
- 2Fowler White Burnett Opens Jacksonville Office Focused on Transportation Practice
- 3Auditor Finds 'Significant Deficiency' in FTC Accounting to Tune of $7M
- 4'A Mockery' of Deposition Rules: Walgreens Wins Sanctions Dispute Over Corporate Witness Allegedly Unfamiliar With Company
- 5Call for Nominations: TLI's Pennsylvania Legal Awards 2025
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250