Legal Trends

Legal instruments used in estate planning to manage and distribute assets after death. Wills specify how a person's assets and affairs will be handled, including the appointment of guardians for minor children and executors for the estate, while trusts involve a trustee managing assets for the benefit of beneficiaries, potentially avoiding probate and providing privacy. These tools are essential for individuals seeking to ensure their wishes are carried out and their loved ones are provided for.

Service model that integrates product functionality, process automation, and expertise within technology to help organizations achieve regulatory compliance and reduce risk. Compliance as a Service typically involves the use of cloud-based solutions to manage and ensure compliance with various regulatory requirements, thereby helping organizations to streamline their compliance processes and mitigate associated risks. This service is particularly beneficial for businesses in highly regulated industries such as finance, healthcare, and manufacturing, where maintaining compliance is critical.

ESG reporting refers to the disclosure of data covering a company’s operations in three areas: environmental, social, and governance. It provides transparency about a company's impact on the environment, social responsibilities, and governance practices, helping stakeholders assess the company's sustainability and ethical conduct. ESG reporting is particularly valuable for investors, regulators, and other stakeholders who demand accountability and transparency in corporate sustainability practices.

A Software Bill of Materials (SBOM) is a detailed inventory of all components, libraries, and modules included in a software application. It provides critical insights into the dependencies and potential vulnerabilities within the software, enhancing transparency, security, and compliance. SBOMs are particularly valuable for software developers, security professionals, and organizations aiming to manage software supply chain risks effectively.

Field that combines genealogical DNA tests with traditional genealogical methods to determine genetic relationships between individuals. Genetic genealogy provides valuable insights into family history and ancestral origins by analyzing DNA profiles, making it a powerful tool for tracing lineage and uncovering genetic connections. This field is particularly popular among family historians and individuals interested in exploring their ancestry and genetic heritage.

Software company that offers tools for comparing documents, identifying changes, deletions, and additions. Draftable supports Word, PDF, PowerPoint, and Excel documents, and is designed to be fast, easy to use, and secure, differentiating itself with its comprehensive document comparison capabilities. The primary users of Draftable are businesses and professionals who need to efficiently manage and review document changes.

Billy Bot is a project by Clerksroom designed to function as a junior clerk robot, interacting with users in a friendly and engaging manner. It assists with clerical tasks and provides support through chat, aiming to streamline administrative processes and improve user experience. Billy Bot is primarily targeted at legal professionals and administrative staff seeking efficient and automated clerical support.

Leading legal tech company based in Scandinavia, pioneering in the legal technology sector. Lexly aims to make legal security accessible to everyone by offering various legal services and solutions, leveraging technology to simplify and democratize access to legal assistance. The primary target demographic includes individuals and businesses seeking affordable and accessible legal support.

Cloud-based legal practice management software designed for law firms and compliance-focused businesses. It offers comprehensive features for workflow automation, automatic document generation, and overall practice management, differentiating itself with its extensive customization options and user-friendly interface. The software primarily targets law firms and legal professionals seeking to streamline their operations and improve efficiency.

A global strategy consulting firm that was originally established as The Parthenon Group LLC in 1991 by former Bain & Company directors William 'Bill' Achtmeyer and John C. Rutherford. The firm merged with EY (Ernst & Young) in 2014, forming EY-Parthenon, and it helps clients develop actionable and impactful strategies to manage complex challenges and transform their organizations. EY-Parthenon primarily serves businesses and organizations seeking strategic guidance to navigate industry dynamics and competitive landscapes.

Comprehensive deal and relationship management platform designed to capture, unify, and apply the collective intelligence that flows through a firm. It offers features such as deal management, relationship management, pipeline tracking, and data analytics, helping firms streamline their workflows, improve collaboration, and make data-driven decisions. DealCloud is primarily used by financial services firms, including investment banks, private equity firms, and other capital markets participants.

Software company founded in 2010, focused on creating software for the legal profession. Everlaw differentiates itself by emphasizing a diverse team and long-term growth, providing advanced tools for legal professionals to manage and analyze legal documents efficiently. The primary target demographic includes legal professionals, law firms, and corporate legal departments seeking innovative solutions for document review and case management.

Luminance is a UK-based legal technology company that provides artificial intelligence solutions for contract analysis, negotiation, and eDiscovery. Its proprietary Legal-Grade™ AI platform, developed by experts from the University of Cambridge, utilizes a 'mixture of experts' approach to automate and enhance various aspects of legal document processing, distinguishing itself by its ability to understand documents conceptually and operate across multiple languages . Luminance primarily serves law firms and corporate legal departments seeking to improve efficiency and accuracy in legal workflows

Data exfiltration refers to the unauthorized transfer of data from a computer or other device, often for malicious purposes. This can occur through various methods such as malware, phishing attacks, or insider threats, and aims to steal sensitive information like personal data, intellectual property, or financial information. Organizations and individuals who handle sensitive data are the primary targets and beneficiaries of measures to prevent data exfiltration.

Auction service provider in the UK, established in 2009 by Jamie Cooke and Ben Ridgway. It is part of the iamproperty Group and offers a range of auction services, including traditional and modern methods, to facilitate property sales. The service primarily targets property sellers and buyers looking for efficient and transparent auction processes.

Debt resolution and technology-enabled collections platform based in Noida, India, designed to improve collections efficiency for financial institutions. Credgenics differentiates itself by using technology, automation intelligence, and optimal legal routes to expedite the recovery of bad loans, increase recovery rates, and reduce collection costs. The platform primarily serves banks, non-banking financial companies (NBFCs), and digital lending firms seeking to enhance their collections processes and manage non-performing assets (NPA).

A company founded in 2013 by Luc Pallavidino and Antoine Louiset, headquartered in Caen and Paris, France, that provides electronic signature services. Yousign differentiates itself by offering a user-friendly platform that ensures secure and legally binding digital signatures, facilitating agreements for businesses worldwide. The primary target demographic includes businesses of all sizes seeking efficient and secure solutions for document signing and management.

A retail store where patients or consumers can purchase cannabis products. These establishments provide cannabis medication based on a doctor's recommendation, although the products are not FDA-approved and lack federal registration. Cannabis dispensaries primarily serve individuals seeking medical or recreational cannabis in regions where it is legally permitted.

Self-funded government organization based in Staples, Minnesota, partnering with education, government, and nonprofit entities to enhance student and community success. It offers a cooperative purchasing program that manages solicitation and contracts for its members, providing efficient and cost-effective solutions. The primary beneficiaries are government, education, and nonprofit organizations seeking streamlined procurement processes.

Fit for 55 is a legislative package proposed by the European Union to reduce greenhouse gas emissions by 55% by 2030. It is part of the European Green Deal strategy, aiming to align EU legislation with new climate goals and promote sustainable development. The package primarily targets EU member states, policymakers, and industries involved in environmental and climate-related sectors.

Verifiable credentials are digital, tamper-evident, and cryptographically secure credentials used for identification purposes, such as digital IDs, birth certificates, and educational certificates. These credentials provide a secure and efficient way to verify personal information, reducing the risk of fraud and enhancing trust in digital transactions. Verifiable credentials are particularly beneficial for organizations and individuals requiring secure and reliable identity verification, such as educational institutions, employers, and government agencies.

Unethical or illegal practice where a broker or trader executes orders on a security for their own account while taking advantage of advance knowledge of pending orders from their customers. This practice can occur in various contexts, including the stock market, cryptocurrency, and high-frequency trading, and is considered harmful to market integrity and client interests. Front running primarily affects retail investors and clients who rely on brokers and traders to act in their best interest.

UK-based platform providing legal and administrative services for startups and small businesses. It streamlines the process of raising investment, managing equity, and handling legal documentation, offering tools for creating and managing investment agreements, share options, SEIS/EIS applications, and cap tables. Seedlegals primarily targets entrepreneurs and small business owners looking to simplify and automate legal processes to focus on growth and development.

Benefit program that provides employees with paid time off to care for a new child, a seriously ill family member, or to address certain military family needs. The specifics of Paid Family Leave (PFL) can vary by country and even by state or region within a country, offering different durations and compensation levels. This program primarily benefits working parents, caregivers, and military families who require time off for personal or family-related reasons.

Cycling Frog is a brand that offers a range of hemp-derived THC and CBD products, including seltzers, gummies, tinctures, mints, and softgels. The brand differentiates itself by providing a variety of consumption methods, catering to diverse preferences for hemp-based wellness products. Its target demographic includes individuals seeking alternative wellness solutions through hemp-derived cannabinoids.

Software company based in London, England, specializing in automated identity verification and Anti-Money Laundering (AML) compliance. It combines Know Your Customer (KYC), AML, and Source of Funds checks to provide secure and efficient client onboarding processes, differentiating itself by emphasizing quick and secure verification. The primary target demographic includes professionals in the legal, property, and finance sectors.

A professional who advocates for the policyholder in appraising and negotiating insurance claims, ensuring that the policyholder receives the maximum compensation for their loss. Public adjusters handle tasks such as evaluating the policy, documenting the loss, estimating costs, negotiating with the insurer, and assisting with paperwork, differentiating themselves from company adjusters who represent the insurance company's interests. They are particularly beneficial for policyholders who have experienced significant property damage and need expert assistance in navigating the complex claims process.

It refers to a premium coworking space located in Sofia, Bulgaria, known as WorkBetter. This space provides over 500 seats and fosters a collaborative ecosystem for diverse business requirements. Additionally, it features a digital learning platform specifically designed for law firm associates.

YMYL stands for 'Your Money or Your Life,' referring to web pages or content that can significantly impact a person's future happiness, health, financial stability, or safety. Google holds YMYL content to higher standards of quality and trustworthiness to ensure that users receive accurate and reliable information. This type of content is particularly relevant to individuals seeking information on critical topics such as health, finance, and safety.

Company based in Austin, Texas, specializing in high-quality, plant-based cannabis products aimed at improving people's well-being. Hometown Hero differentiates itself by its commitment to community support and charitable contributions, enhancing its reputation as a socially responsible business. The company's products are primarily targeted at individuals seeking natural alternatives for wellness and those who value community-oriented brands.