FEATURED Press Release

Factor Secures Band 1 Chambers Ranking for Second Year in a Row  

Factor has received a Band 1 ranking in the Chambers and Partners NewLaw Guide 2024 for global contract lifecycle management for the second year in a row—recognizing Factor’s world-class portfolio supporting, enabling, and transforming complex transactional legal work for large multinational clients.
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When Site Start-Up Goes Wrong: 4 Contracting Pitfalls To Avoid

June 20, 2024
In a new article for Clinical Leader, Factor's Karl Dorwart explores four common pitfalls in clinical trial site start-up, with strategies to reduce delays, cut costs, increase standardization, and enable the faster commencement of more clinical trial sites.
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Generative AI’s Challenge to Legal Sector’s Alternative Providers

June 14, 2024
Factor’s Varun Mehta and Ed Sohn are quoted in the Financial Times discussing why GenAI tools will act as a catalyst for in-house legal teams’ demand for greater efficiency to do more work at higher speeds.
Press Release

Factor Secures Band 1 Chambers Ranking for Second Year in a Row  

June 12, 2024
Factor has received a Band 1 ranking in the Chambers and Partners NewLaw Guide 2024 for global contract lifecycle management for the second year in a row—recognizing Factor’s world-class portfolio supporting, enabling, and transforming complex transactional legal work for large multinational clients.
Event

In-House Impact: Life Sciences Summit

Boston, US
July 17, 2024
Factor will be an Expertise Sponsor at the 5th In-House Impact: Life Sciences Summit on July 17-18, 2024, in Boston, MA. Join us to connect with top legal professionals from the life sciences industry.
Event

5th Clinical Trial Agreements Conference

Philadelphia, PA
August 21, 2024
Factor will be a Sponsor at the 5th Clinical Trial Agreements Conference on August 21-22, 2024, in Philadelphia, PA. Join us to engage with industry leaders on clinical trial negotiations, IP protection, and risk management.
Event

The Economist 3rd Annual General Counsel Summit US

New York, NY
September 05, 2024
Join Factor at The Economist 3rd Annual General Counsel Summit. Factor's CEO, Varun Mehta joins a panel session focused on building trust in the GenAI era.
Event

FT Innovative Lawyers Summit

London, UK
September 11, 2024
Factor are sponsoring the FT Innovative Lawyers Global Summit 2024, a one-day event for general counsel, law firm leaders and CEOs of law and legal tech companies.
Event

The Economist 21st Annual General Counsel Summit

London, UK
November 05, 2024
Join Factor at The Economist 21st Annual General Counsel Summit.
Mention

How to Overcome Resistance to AI in Legal Ops

May 28, 2024
Today's General Counsel recaps Factor's CLOC Global Institute session on GenAI, featuring panelists including Sheila Dusseau, Jessica Jones Escalera and Ashley John.
Mention

Innovating Beyond the Lab: The Critical Role of Contracting in Research

May 28, 2024
In a new article for Applied Clinical Trials, Factor's Ann Heidger Pequeño explores how efficient clinical trial contracting can accelerate the journey from lab research to market-ready products.
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Target Operating Models (TOM) Design: Why TOM is Critical for Legal Departments

May 28, 2024
In a new article for Legaltech Hub, Factor's Michael Callier discusses the integration of technology, people, and processes to enhance efficiency and client service in the legal industry. Explore the importance of a holistic operating model and the 7 critical attributes that drive value and performance.
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GenAI In The Derivatives Market: A Future Perspective

April 18, 2024
Factor's Tom Reynolds contributes to a new ISDA Future Leaders in Derivatives (IFLD) whitepaper which sets out guidance for industry stakeholders, regulators and technology providers seeking to harness the power of GenAI in transforming the over-the-counter (OTC) derivatives market.
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In or Out? - GenAI has Sparked Interest in Bringing More Legal Matters Back In-House

April 12, 2024
Factor's Ed Sohn is quoted in the ALM Morning Minute newsletter on how GenAI is just the latest innovation contributing to a building groundswell for doing more legal work internally.
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The AI Revolution Is Here. Who Will Be the Winners and Losers in Legal Services?

April 08, 2024
Factor’s Ed Sohn is quoted in Corporate Counsel about the impact of AI adoption on in-house legal teams.
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Factor, Top GCs Form Sense Collective to Create ‘Recipe Book’ for Corporate Gen AI Success

February 29, 2024
Integrated law company Factor joined forces with the general counsels of several global corporations to create The Sense Collective, a “collaboration community aimed at accelerating the adoption of Generative AI (GenAI) in the corporate legal realm."
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Leading General Counsel Team up to Support Generative AI Adoption

February 29, 2024
A collaboration spearheaded by Factor includes participation from executives at companies such as Microsoft, Intel, Adobe and Ford.
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GC Cheat Sheet: The Hottest Corporate News Of The Week

February 29, 2024
Big Tech general counsel are launching a legal community aimed at accelerating the adoption of generative artificial intelligence in the corporate space.
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Microsoft, Ford GCs Among In-House Teams Collaborating on Generative AI Initiative

February 29, 2024
A group of general counsel from companies including Microsoft, Ford and Anglo American have banded together with alternative legal services provider Factor to launch an initiative to promote the use of generative AI in corporate legal departments.
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Factor, Big Tech GCs Form GenAI Learning Collective

February 29, 2024
Alternative legal service provider Factor announced it was launching a new legal community aimed at accelerating the adoption of generative artificial intelligence in the corporate space, with founding members from Microsoft, Adobe, Ford and others.
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Major Corporates Including Intel and Microsoft Launch GenAI Collective Facilitated by Factor

February 29, 2024
Several global general counsel launched The Sense Collective, a collaboration community aimed at accelerating the adoption of generative AI in the corporate legal realm. Founding members include Intel, DXC, Microsoft, Adobe, Crowdstrike, Ford, and Anglo American, with global alternative legal services provider Factor facilitating and hosting the community.
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Legal Managed Services Expert Joins Factor’s UK Leadership Team

February 28, 2024
Westlaw Today highlights Factor's U.K. and EU Growth with Investment in Experienced Leaders, with Daniel Marks, VP and U.K./Europe Market Lead, joining Alan Angell, VP, Global Banking & Capital Markets Industry Leader; and Isla Tucker, Delivery Executive, Financial Services in London.
Press Release

Factor Bolsters U.K. and EU Growth with Investment in Experienced Leaders

February 15, 2024
Factor today announced Daniel Marks as VP and U.K./Europe Market Lead, joining Alan Angell, VP, Global Banking & Capital Markets Industry Leader; and Isla Tucker, Delivery Executive, Financial Services, on Factor’s fast-growing U.K. leadership team.
Press Release

Trailblazing GCs Combine Forces to Spearhead GenAI Transformation

February 08, 2024
Global GCs and Factor announce today the launch of The Sense Collective, aimed at accelerating the adoption of Generative AI (GenAI) in the corporate legal community.
Press Release

Factor Appoints Genpact Chief Growth Officer To Board of Directors

November 14, 2023
Factor today announced that Riju Vashisht, Chief Growth Officer at Genpact, will join its board of directors.  
Mention

Implementation of New State Data Privacy Laws Is the Perfect Time to Revisit Your Contracts

October 09, 2023
Factor's Sarah McAvoy purposes a solution to the operational nightmare of data privacy laws continually moving goalposts.
Mention

The Future of Legal Blogging: Embracing AI While Ensuring Ethics and Security

September 27, 2023
Ed Sohn, Factor's Global Head of Capabilities is quoted in LexBlog with his reference to legal services innovation.
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Culture and Contracts: Two Pillars of Risk Management

September 26, 2023
Factor CEO Varun Mehta authors this piece featuring on Directors & Boards.
Press Release

Generative AI Presents Opportunity to Reshape 80 Percent of Legal Spend, Factor Predicts

September 12, 2023
The white paper explores how large language models (LLMs), a subset of GenAI, creates a leadership opportunity for GCs – both through adoption in their legal departments and in providing strategic advice to the business they support.
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Corporate Legal Departments Start Embracing AI, Cautiously

August 21, 2023
Bloomberg Law mentions Factor and our Head of Capabilities, Ed Sohn. He is quoted in their recent article on the speed at which generative AI is evolving.
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Downturn Could Catalyze Welcome Change for In-House Counsel

July 28, 2023
Factor's Chris DeConti highlights how today’s in-house teams must take an honest look at themselves, and develop a ranking of how prepared they are to address complex legal work at scale.
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How Good Contract Management is Key to Navigating a Complex Regulatory Landscape

July 09, 2023
Factor's David Rawson opinion on the approach to contract management strategies that can significantly lighten the burden of increasingly complex regulatory obligations.
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How Contracts Can Insulate Life Sciences Companies From Supply Chain Strain

June 12, 2023
Factor's Karl Dorwart is quoted in SupplyChainBrain's article on how contracts can insulate life sciences companies from Supply chain strain.
Press Release

Factor Notches Band 1 Chambers Ranking

June 14, 2023
Factor has earned a Band 1 ranking in the Chambers and Partners 2023 Alternative Legal Service Providers Guide for contract lifecycle management, recognizing Factor’s leading position among legal technology, Big Four and New Law companies.
Mention

Legal Tech Rundown: Relativity and Microsoft Partnership, File Trail Tool Updates, and More

May 10, 2023
Legaltech news reports how Factor will add the LegalSifter Review Tool to to it's Integrated Contracting Platform.
Mention

How CrowdStrike’s use of an ALSP shifted legal team’s mindset

May 01, 2023
Varun Mehta, Factor CEO, features in Legal Dive's article as he highlights the company's partnership with Crowdstrike.
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The Lawyer Awards 2023: Who’s made the shortlist?

April 26, 2023
Factor Law are shortlisted for Law Company of the Year 2023.
Press Release

Factor Launches Partnership with LegalSifter

May 10, 2023
The partnership comes on the heels of a strategic investment into LegalSifter from Factor and Carrick Capital Partners, of which Factor is a portfolio company.
Press Release

Factor Enters Into Exclusive Partnership With Global Counsel Leaders

April 13, 2023
The venture strengthens a unique community that helps corporate legal chiefs thrive and more effectively address complex business, legal, risk and compliance issues.
Mention

New Demands and Expectations of Today’s General Counsel

February 22, 2023
E. Leigh Dance is the Executive Director of Global Counsel Leaders, a forum for exchange among in-house legal executives, powered by Factor. In March, Leigh will moderate a virtual event with Varun Mehta, CEO of Factor
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Legal Outsourcing Market: Who Benefits and What affects

March 17, 2023
The ALSPs have become a significant segment of the legal market, with a valuation of $20.6 billion, according to Thomson Reuters' Alternative Legal Services Providers 2023 Report. Examples of specialized service providers include Factor, LegalArmy, Axiom, Kalexius, IP Calculus, Deloitte Legal, and Elevate Services.
Mention

How One Legal Leader Fights Costs While Increasing Value

March 10, 2023
Factor CEO, Varun Mehta is mentioned in reference to Integrated Law as well as Factor being highlighted regarding the ACC "Value Champion" Award.
Mention

LegalSifter Receives Investment from Carrick Capital Partners

March 10, 2023
As part of the transaction, Carrick Co-CEO Jim Madden and Director Ivan Whittey will join the LegalSifter board of directors, along with Varun Mehta, CEO of Factor, a Carrick portfolio company that is investing alongside Carrick in the transaction.
Mention

Carrick Capital Partners Invests in LegalSifter

March 10, 2023
Varun Mehta, CEO of Factor joins LegalSifters Board of Directors.
Mention

Alt. Legal Services Co. Factor Hires Ex-Ankura Director

February 22, 2023
Alternative legal service provider Factor announced on Wednesday the hiring of a former senior managing director at Ankura Consulting Group and FTI Consulting to take on the role of Executive Vice President within the Company.
Press Release

Factor Launches Integrated Contracting Platform Driven By Seasoned Growth Company Executive

February 22, 2023
Factor, recently named the Leading Integrated Solution Provider by the Financial Times, has appointed Jessica Block to its executive leadership team. As Executive Vice President of Market Solutions, she will design and launch Factor’s Integrated Contracting Platform, the unified set of capabilities underpinning the company’s services.
Press Release

Association of Corporate Counsel Names Factor & CrowdStrike Value Champions

February 02, 2023
Factor, recently named the Leading Integrated Solution Provider by the Financial Times, was recognized by the ACC as a value champion for their partnership with global cybersecurity leader CrowdStrike.
Mention

How the Legal Profession has Become a Complex Legal Ecosystem

January 21, 2023
Varun Mehta, Factor CEO, is quoted in The Barrister on providing/scaling specialized solutions.
Press Release

Financial Times Names Factor The Leading Integrated Solution Provider

November 10, 2022
The Financial Times names Factor as the leading Integrated solution provider as part of their Accelerating Business Report.
Press Release

Factor adds former GC/Big Law Partner as it launches Integrated Law™ Category

July 21, 2022
Factor announced today it has appointed Jonathan Pedersen as Executive Vice President, Global Practice Lead. He will oversee all of Factor’s engagements, managing technology-enabled teams integrated with legal and business stakeholders across Factor’s global client base.
Mention

BT announces multi-year expanded partnership with managed legal services provider Factor

June 29, 2022
The multi-year arrangement will see Factor lead commercial contracting for procurement and sales across BT’s customer facing units, provide multi-lingual lawyers to support BT in negotiations, and work to improve efficiencies for the company’s legal team, such as using new technologies to reduce time to market and risk.
Mention

No longer just contracts – BT expands managed services partnership

June 28, 2022
BT is renewing and expanding its partnership with global managed services provider Factor, in a “complete synergy” which had allowed the telecoms giant to outsource “more and more complex problems”.
Mention

Factor + BT Expand Partnership, Create ‘Virtual Bench’ Team

June 23, 2022
Contract-focused ALSP Factor and telecoms giant BT have renewed and expanded their long-term managed services relationship. They have also created a special nine-person ‘virtual bench’ team that helps the company on a range of issues in addition to the main Factor contract service.
Press Release

BT and Factor Break New Ground with Expanded Partnership

June 23, 2022
The new multi-year arrangement helps BT Legal ‘connect for good’ with its global stakeholders, clients, and suppliers.
Mention

Mayer Brown, Factor, and Acadia launch flat fee tech + services EMIR derivatives offering

May 11, 2022
Mayer Brown, Factor and derivatives risk management services provider Acadia have launched ‘CAN Comply’ – a flat-fee service for the review and certification of compliance of derivatives executed under the European Market Infrastructure Regulation (EMIR).
Mention

Factor, Mayer Brown and Acadia launch new tech-enabled service

May 11, 2022
Factor, the leader in solutions for complex legal work at scale, today announces the global launch of ‘CAN Comply’ together with Mayer Brown, a leading global law firm with a renowned derivatives practice, and Acadia, the leading provider of integrated risk management services for the derivatives community.
Mention

Factor + Mayer Brown Launch Flat-Fee Compliance Service

May 11, 2022
In an interesting example of an ALSP formally partnering with a major law firm, Factor and US-based Mayer Brown, along with specialist financial risk group Acadia, have created a flat-fee service for derivatives compliance needs, known as CAN Comply.
Mention

Mayer Brown, Partners Unveil Derivatives Compliance Service

May 11, 2022
Law firm Mayer Brown LLP, Factor and technology company Acadia introduced CAN Comply, a new tech-based service to simplify derivatives compliance.
Press Release

Factor, Mayer Brown, and Acadia launch new tech-enabled service to simplify derivatives compliance

May 11, 2022
Factor is excited to announce the global launch of ‘CAN Comply’ together with Mayer Brown and Acadia.
Mention

Legal Tech’s Predictions for Business of Law and ALSPs in 2022

January 07, 2022
2022 predictions continue with a look at what the year might hold in next-generation technology, legal operations, and contract review. Hear what Factor's Michael Callier has to say:
Mention

How much of the legal services pie do ALSPS have? No one really knows

January 06, 2022
Factor welcomes our own Ed Sohn, Senior Vice President's contribution to the discussion surrounding ASLPs and their influence within the Legal Services space.
Mention

Top 10 Procurement Predictions and Trends

January 04, 2022
Factor is thrilled to offer it's expertise as Procurement Magazine speaks to 10 leaders in the procurement industry for their insights and predictions for 2022.
Mention

Legal Tech Adoption Jenga: BlackBoiler

August 30, 2021
Factor is pleased to share it's recent feature with BlackBoiler regarding legal technology adoption.
Mention

Established or in hypergrowth mode? GCs will find a solution

September 06, 2021
Factor hosted a roundtable for in-house counsel to share ideas about solving the needs of tomorrow while grappling with today’s headaches.
Mention

ALSPs Move to Offer Clients Tech Recommendations, But It’s Not an Exact Science

July 30, 2021
Ed Sohn, senior vice president, head of solutions at Factor offers his insights into ALSPs and their future.
Mention

With Expansion, Lawyer Marketplace Priori Is Now Also A Legal Tech Marketplace

July 28, 2021
Factor connects with Priori Legal, a marketplace for in-house legal teams to find and hire outside counsel.
Mention

Agiloft, Kira + BlackBoiler Join ‘Factor Connect’ Partnership

July 28, 2021
Factor has launched a new close partnership group that will initially see CLM Agiloft, Kira Systems, and doc review pioneer BlackBoiler, all join as part of its first cohort.
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Legal tech, law companies bet on collaboration with new partnerships

July 28, 2021
Factor and Priori both launching new legal tech and legal services networks
Mention

The American Lawyer Announces 2021 Industry Awards Finalists

September 30, 2021
Factor is thrilled to be a finalist in The American Lawyer Awards
Mention

Struggling To Retain Associates? ALSPs May Be A Non-Obvious Secret Weapon

July 20, 2021
Don't overlook the importance of good, career-advancing work.
Mention

How Innovative Firms Are Harnessing Young Lawyers’ Ideas to Gain a Competitive Edge

July 12, 2021
From legal tech spinoffs to promising new practice areas, here are three firms encouraging young lawyers’ creative thinking and developing fertile ground for innovation in the process.
Press Release

Factor Launches ‘Factor Connect’ Partnership Program to Accelerate Innovation

July 28, 2021
Continuing its mission to bridge the gap between New Law and traditional law, Factor announces first cohort of participating companies, including Agiloft, Kira and BlackBoiler
Press Release

Factor Launches New Tech-Enabled Transaction Management Service for Law Firms

June 08, 2021
New Law capabilities create the blueprint for the future of transactional practice, driving law firm innovation and profitability
Mention

Law.com: Former Allen & Overy Head Ballheimer Joins ALSP

March 26, 2021
The former global managing partner at Allen & Overy is joining the firm's board of directors with an aim to facilitate more partnerships between the ALSP and law firms.
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Artificial Lawyer: Former A&O Managing Partner, Andrew Ballheimer, Joins Factor

March 26, 2021
In what is one of the biggest legal sector moves in years, Andrew Ballheimer, the global managing partner of Allen & Overy up until October last year, has joined the board of process-focused legal group Factor.
Mention

Law360: Ex-A&O Managing Partner Joins Alt. Services Provider

March 26, 2021
Alternative legal services provider Factor said Thursday that Andrew Ballheimer, a former managing partner at Magic Circle firm Allen & Overy LLP, has joined its board of directors.
Press Release

Andrew Ballheimer, Former A&O Global Managing Partner, Joins Factor Board of Directors

March 25, 2021
Factor bridges the worlds of traditional law and New Law with notable law firm leader on board
Mention

ALSP Factor Reflects On First Year Since Rebrand

March 18, 2021
Factor's Head of Strategy, Chris DeConti, speaks with Steven Lerner at Law360 on Factor's First Year Anniversary as an independent company.
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With Limited Talent Pool, ALSPs Might Have Hiring Advantage Over Big 4

March 18, 2021
The velocity with which ALSPs can move the hiring process as well as their growing prestige within the legal industry could make them more of an appealing prospect for legal talent.
Press Release

A Year of Growth: Factor bridges the gap between traditional law and New Law

February 11, 2021
Legal managed services provider focus on complex legal work at scale validated by the market in the first year of relaunch.
Mention

Benchmark Reform: The Rosetta Stone for New and Old Law

January 11, 2021
Chris DeConti, Head of Strategy at Factor, explores the difference between ‘old’ and ‘new’ law and how they are highlighted in benchmark reform.
Mention

Legal Tech’s Predictions for Business of Law and ALSPs in 2021

January 07, 2021
Many attorneys, technologists and legal experts expect continued change in the legal ecosystem in 2021. But it's not just alternative legal service providers—it's how law firms and corporate legal departments fundamentally interact with their data, their people, and even each other.
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Legal Tech’s Predictions for Legal Technology Innovation in 2021

January 04, 2021
Attorneys and legal technologists see 2021 pushing the trends brought on by remote work even further, with AI and analytics continuing to grab attention. Here's what they're watching out for in the new year.
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Legal Tech’s Predictions for E-Discovery in 2021

December 28, 2020
No in-person review? No problem. Lawyers and legal technologists make their predictions on how the move to remote work, the proliferation of collaboration platforms, and more will affect e-discovery in 2021.
Mention

The New Market: A Look Back At ALSP Hires of 2020

December 22, 2020
Law firms and in-house aren't the only career paths for legal professionals. Here's a look back at some of the tech talent ALSPs hired this year.
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An Overview of the New Central Securities Depository Regulation

December 15, 2020
Factor’s Chris Magee illuminates a new EU regulation, discussing what organizations are impacted and what they can do to meet their compliance obligations.
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Out of Office: Keeping Our Offices Excelling While We Weren’t In Them

December 15, 2020
Sandy Devine, Chief Commercial Officer at Factor, explores how firms have maintained continuity in a radically altered business environment.
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2021 Predictions: The Market View

December 14, 2020
Even beyond the impacts of the pandemic there have been plenty of significant changes in the legal tech sector and across the legal world as a whole. But what of next year? What will 2021 bring? Artificial Lawyer asked a range of experts what they think will happen next.
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Tech is revolutionizing the old-school legal industry. How law firms are partnering up to cut costs and the startups set to benefit.

November 27, 2020
Originally published in Business Insider.
Mention

How Big Law firms like Baker McKenzie and Polsinelli are teaming up with legal tech companies to battle increasing competition in the market

November 25, 2020
Originally published in Business Insider.
Mention

Legal Co. Factor Taps NewLaw Vet For New Consulting Arm

November 17, 2020
Originally published on Law360.
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Factor’s New VP Has Advice for ALSP Competing With Firm Captives: ‘Stay the Course’

November 16, 2020
Originally published in LegalTech News.
Press Release

Factor Welcomes Legal Operations Leader Michael Callier as VP, Head of Solutions and Consulting

November 16, 2020
The addition of Callier comes as Factor addresses market need for solutions to real problems through assessment, frameworks to develop a path forward
Press Release

Factor continues expansion and coverage of Enterprise clients with recent funding and new hires

October 21, 2020
Factor is delighted to announce a significant expansion of the company’s legal market coverage for corporate clients in industries where contracting functions serve in a central role as a strategic business enabler.  
Mention

Factor Names Retired Deloitte Vice Chair Carol Lindstrom to Its Board

October 12, 2020
Originally published in LegalTech News.
Mention

Factor Continues to Diversify Its Leadership

October 12, 2020
Originally published on TechLaw Crossroads.
Mention

Factor Adds Ex-Deloitte Consulting Vice Chair, Lindstrom

October 12, 2020
Originally published on Artificial Lawyer.
Press Release

Carol Lindstrom, Former Vice Chair of Deloitte, Joins Factor Board of Directors

October 09, 2020
Lindstrom Brings Decades of Expertise in Building Technology Businesses and C-level relationships as well as Extensive Experience on the Boards of Major Firms and Non-Profits
Mention

Factor’s Community Care Initiative

October 08, 2020
Last month, we talked about how we're Converting Factor's Diversity Commitment to Action. Today, we wanted to provide an update on one of our early actions: Factor's Community Care Initiative.
Mention

A Different World: For Attorneys, It’s Not the Same Job at an ALSP

October 07, 2020
Originally published on LegalTech News.
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Launching Today: LexFusion Aims to Turbocharge Tech Adoption by Changing the Sales Paradigm

October 01, 2020
Originally published on LawSites Blog.