Reed Smith's Tech Subsidiary GravityStack Hits Maturity Milestone
With its first on-premise licensing deal with Toronto-based law firm McCarthy Tétrault, Reed Smith's GravityStack has evolved from a cloud-based provider to a full-service tech company.
January 23, 2019 at 11:00 AM
4 minute read
Since launching as an independent legal tech subsidiary of Reed Smith in last April, GravityStack has been quickly ramping up its business. The subsidiary has developed five proprietary legal tech platforms that it licenses as cloud-based software-as-a-service (SaaS) products to hundreds of clients, including corporate legal departments and other law firms, according to Bryon Bratcher, managing director of GravityStack.
Recently, GravityStack also took a big step forward in becoming more of a full-service legal technology provider. Early this month, it licensed its e-discovery analytics and business intelligence tool Periscope, initially created by Reed Smith in 2014, as an on-premise solution for Toronto-based law firm McCarthy Tétrault.
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