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News

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nonbillable.co.uk > news > lexisnexis-billion-revenue-relx-funding-token-usage

While legal tech startups chase funding, LexisNexis is closing in on £2bn revenue

4+ hour, 27+ min ago   (523+ words) LexisNexis’ underlying revenue rose 10% to a record £959 million in the first half of 2026, driven in part by adoption of its AI products. The results highlight the financial firepower behind one of legal tech’s biggest players, with parent company RELX funding…...

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nonbillable.co.uk > news > this-ai-native-law-firm-is-building-a-dream-team-of-ex-big-law-lawyers

This AI-native law firm is building a dream team of ex-Big Law lawyers

1+ week, 1+ day ago   (585+ words) Norm Ai has raised a $120 million Series C round valuing it at $1.2 billion, as its affiliated AI-native law firm ramps up Big Law hiring. The AI-native law firm has recently added senior lawyers from Kirkland, Ropes & Gray, and Sidley. Most…...

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nonbillable.co.uk > news > sidley-london-private-equity-push-brian-fahrney

Sidley’s London PE push was years in the making, says executive committee chair Brian Fahrney

3+ week, 3+ day ago   (439+ words) Sidley Austin's rapid rise in London has been no accident. Speaking on The Non-Billable Podcast, executive committee chair Brian Fahrney says the US firm's transformation from a relatively niche finance practice into one of the City's fastest-growing private capital players…...

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nonbillable.co.uk > news > legaltech-talk-launches-us-event

LegalTechTalk launches US event after rapid growth in Europe

1+ mon, 1+ week ago   (382+ words) LegalTechTalk will launch a US edition in Miami in December 2027, marking the fast-growing legal tech conference's first expansion outside Europe. The business has grown rapidly since its 2024 debut, attracting more than 5,500 attendees and 400 speakers this year, with revenue expected to…...

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nonbillable.co.uk > news > orrick-adds-four-more-partners-transatlantic-finance-buildout

Orrick adds four more partners to transatlantic finance buildout

1+ mon, 1+ week ago   (278+ words) Orrick has added four structured finance partners across London and the US, including Polly O’Brien from McDermott in London. The firm’s hiring drive began with last year's headline-grabbing 37-lawyer raid on Cadwalader. Orrick has continued its structured finance hiring spree…...

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nonbillable.co.uk > news > legora-ramps-up-growth-new-european-offices-london-tech-hub

Legora ramps up growth with new European offices and London tech hub

1+ mon, 2+ week ago   (344+ words) Legora is opening offices in Madrid, Milan and Paris as well as adding an engineering hub to its London location. The Swedish legal AI company says it is targeting 700 EMEA employees within the next 6-12 months. Legora is set to open…...

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nonbillable.co.uk > news > kirkland-ellis-private-equity-fundraising-palantir

Kirkland's latest AI bet targets private equity fundraising

1+ mon, 2+ week ago   (333+ words) Kirkland has partnered with Palantir on a platform designed for private equity fundraising and fund formation work. The launch comes just a week after Kirkland unveiled plans to invest $500 million building its own AI tools, underlining the firm's aggressive push…...

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nonbillable.co.uk > news > legal-ai-startup-wordsmith-raises-70-million-series-b

Legal AI startup Wordsmith lands $70m Series B

1+ mon, 3+ week ago   (353+ words) Wordsmith has raised a $70 million Series B led by Highland Europe and Index Ventures. The company says more than 500 businesses now use its platform to manage legal work internally and reduce reliance on outside counsel. Legal AI startup Wordsmith has…...

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nonbillable.co.uk > news > legora-buys-real-estate-ai-startup-cadastral-acquisition

Legora buys real estate AI startup in fourth deal of the year

1+ mon, 3+ week ago   (520+ words) Legora has acquired commercial real estate AI startup Cadastral, marking its fourth acquisition of 2026. The legal AI company said the acquisition supports its strategy of building an agentic AI platform that extends beyond law firms and in-house legal teams into…...

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nonbillable.co.uk > news > litigation-ai-startup-founded-city-lawyer-crimson-fundraise-mark-feldner

Litigation AI startup founded by former City lawyer raises $2.5m

1+ mon, 3+ week ago   (405+ words) Crimson has raised an oversubscribed $2.5 million seed round backed by Y Combinator and legal industry investors. The startup co-founded by a former City lawyer participates in A&O Shearman’s legal tech incubator Fuse. A litigation AI startup co-founded by a…...