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Thomson Reuters Spins Off Elite As Independent Company Now Owned By Asset Manager TPG

Above the Law - Technology

Following news earlier today of the merger of Fastcase and vLex , now comes news from Thomson Reuters that it is selling off a majority stake in Elite, its suite of law practice management and financial products for larger law firms, to TPG, a global asset management firm, making Elite a standalone legal technology business.

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LexisNexis Acquires Case Law Analytics

Legal Tech Blog

According to LexisNexis, the company now supports 6,000 users, within insurance companies, law firms, legal departments and human resources. This alliance with a global player in information and legal technologies will enable us to accelerate our growth and launch our internationalization strategy.

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Thomson Reuters Spins Off Elite As Independent Company Now Owned By Asset Manager TPG

Legal Tech Monitor

Following news earlier today of the merger of Fastcase and vLex , now comes news from Thomson Reuters that it is selling off a majority stake in Elite, its suite of law practice management and financial products for larger law firms, to TPG, a global asset management firm, making Elite a standalone legal technology business.

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Jason Smith

Colin S. Levy

Jason Smith has over 25 years of experience as a practicing attorney (both firm and in-house) and legal technology consultant. He focuses on emerging technology trends and innovation in the legal profession and has received the Award of Merit from the State Bar of Texas for service to the legal technology community.

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Four Best Practices for Evaluating Legal AI Solutions

Law Technology Today

AI continues to capture the imagination of the legal industry – as well it should. Leveraging AI-enabled technology solutions can help corporate legal teams and their organizations generate boundless efficiencies and new insights into their existing business practices.

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What Are the New Technologies in the Legal Field?

Lawmatics

Advances in legal software are rapidly transforming the future of legal technologies. Solutions leveraging automation, AI, and cloud platforms are reshaping law practices of all sizes. Small law firms occupy a unique position where owners must balance legal practice and business ownership.