News

Mention | August 04, 2025

Here’s What Legal Leaders Worldwide Are Getting Wrong About AI

In this Bloomberg Law article, Chris DeConti outlines the five mistakes stalling GenAI adoption—and the mindset shift legal teams need to move forward.

Mention | August 04, 2025

Legal Sector Disrupters Hone Generative AI Response

Varun Mehta in the Financial Times on how Factor is helping in-house teams build GenAI capability through practical training, people-centered services, and modern delivery models.

Mention | May 23, 2025

Factor Law Consultancy Launches AI Training Program

Law360 Pulse feature the launch of Factor's new legal AI training program, Sensemaker Academy

Press Release | May 21, 2025

Factor Launches Legal AI Upskilling Program Designed by Lawyers, for Lawyers

Factor's Sensemaker Academy, already adopted by forward-thinking legal teams at Workday and Akin, transforms AI-hesitant legal professionals into confident users through hands-on training in realistic legal scenarios.

Mention | May 15, 2025

Leading Complex Systems, and AI with Jessica Block

Factor’s Jess Block recently joined the Law://What’s Next? podcast to talk about why AI is only part of the smarter contracting solution, and how integrating people, process, and tech is helping legal teams transact better.

Mention | May 15, 2025

The Design Visionary: Nicole Bradick

Factor's Nicole Bradick joins the LawDroid Manifesto podcast to talk about her journey from trial lawyer to legal tech entrepreneur, and how she is transforming legal services with thoughtful design.

Mention | May 06, 2025

ACC Value Champions 2025: Ferring Pharmaceuticals & Factor Law

To refine its self‑service contracting approach, Ferring Pharmaceuticals sought a more efficient way to handle commercial agreements while ensuring necessary legal oversight. Factor Law provided a data‑driven contract management solution that improved workflows, enhanced visibility, and empowered business users to manage contracts independently. This collaboration has resulted in greater efficiency, reduced legal bottlenecks, and a more seamless contracting process, positioning Ferring for long‑term success.

Mention | April 07, 2025

Corporate Counsel: In-House Teams Struggling to Take Legal AI Beyond the Trial Stage

Following our GenAI In Legal Report, Factor's David Mainiero tells Corporate Counsel why corporate legal departments struggle to scale AI beyond pilot projects.

Mention | April 03, 2025

In-House Teams Struggling to Take Legal AI Beyond the Trial Stage

Factor's David Mainiero talks to Legaltech News about Factor's recently-published GenAI in Legal Benchmarking Report 2025 and why in-house legal teams can struggle to move beyond AI pilots.

Mention | April 03, 2025

Inhouse World Is Embracing Legal AI – Survey

The Artificial Lawyer covers the launch of Factor's GenAI in Legal Benchmarking Report, surveying over 120 in-house counsel and legal leaders on AI adoption.

Mention | April 01, 2025

BNY Counsel: Innovation Thrives When Legal Departments Are ‘Strategic Enablers’

The 2025 Legalweek Leaders in Tech Law Awards winner BNY, who won the Most Innovative Legal Department of the Year, describes the cultural transformation they achieved through targeted workshops and The Sense Collective’s co-development sprints that help lawyers embrace AI as a practical tool

Mention | March 31, 2025

Factor Releases Benchmark Study on GenAI Adoption in Legal Departments

LawSites covers the release of Factor's “GenAI in Legal Benchmarking Report 2025,” revealing a significant disconnect between AI access and effective utilization in corporate legal departments.

Press Release | March 31, 2025

Factor Releases Benchmark Study on GenAI Adoption in Legal Departments

Factor releases the GenAI in Legal Benchmark Report 2025 exposing the challenges—and opportunities—facing legal departments in the GenAI era.

Press Release | March 11, 2025

Association of Corporate Counsel Names Factor & Ferring Value Champions

Factor, the market leader in Integrated Law, was recognized by the Association of Corporate Counsel (ACC) as a Value Champion for their work with Ferring Pharmaceuticals

Mention | March 07, 2025

Legal Geek Community News: Spotlight on Nicole Bradick

Nicole Bradick is spotlighted in a recent issue of Legal Geek newsletter discussing why Factor's acquisition of Theory & Principle will propel R&D and result in meaningful client solutions.

Mention | February 17, 2025

Factor Expands AI Capabilities with Acquisition of Legal Tech Design Agency Theory and Principle

Factor Expands AI Capabilities with Acquisition of Legal Tech Design Agency Theory and Principle, reports citybiz.

Mention | February 17, 2025

Factor Accelerates AI Push with Acquisition of Legal Tech Development Studio

Times of Start Ups covers Factor's Accelerated AI Push with Acquisition of Legal Tech Development Studio, Theory and Principle.

Mention | February 17, 2025

Managed Services Company Factor Acquires Legal Tech Design Firm Theory and Principle to Accelerate Its Push Into AI-Enabled Legal Services

LegalTechTalk features Factor's acquisition of Theory and Principle, a specialized legal technology design and development agency. The purchase advances Factor’s strategic shift towards AI-first legal solutions, building on established momentum from 2024, during which Factor successfully deployed AI capabilities across multiple large, high-value legal use cases.

Mention | February 17, 2025

Legal Tech Roundup: Legal Services Co. Factor Buys Legal Tech Design Agency

Factor's acquisition of Theory and Principle is featured in Law360's Legal Tech Roundup

Mention | February 13, 2025

Factor Acquires Legal Tech Design and Development Agency Theory and Principle

Factor's Jessica Block explains to Legaltech News how acquiring Theory and Principle will accelerate Factor's ability to scale its generative AI applications in legal work.

Mention | February 13, 2025

Factor Acquires Nicole Bradick’s Development Agency Theory and Principle in GenAI Push

Legal IT Insider covers Factor's acquisition of Theory and Principle, a legal technology design and development agency.

Mention | February 13, 2025

Managed Services Company Factor Acquires Legal Tech Design Firm Theory and Principle to Accelerate Its Push Into AI-Enabled Legal Services

Factor's acquisition of Theory and Principle, a legal technology design and development agency, is featured in LawSites.

Press Release | February 13, 2025

Factor Accelerates AI Push with Acquisition of Legal Tech Development Studio

Factor, the market leader in Integrated Law, has acquired legal tech design firm Theory and Principle, advancing its strategic shift towards AI-first legal solutions.

Mention | January 23, 2025

Announcing the 2025 Legalweek Leaders in Tech Law Awards Finalists

Factor's The Sense Collective is named among four finalists in the Best Tech Training Program at the 2025 Legalweek Leaders in Tech Law Award. The final winners in all categories will be announced during an in-person awards ceremony and dinner during the Legalweek 2025 conference in New York.

Mention | January 06, 2025

Legal Tech’s Predictions for the Business of Law in 2025

In a new article for Legaltech News, Factor's Chris DeConti shares his prediction for the Business of Law in 2025.

Mention | December 09, 2024

Legaltech Rundown: Legal Services Provider Factor Announces the Launch of the Second Cohort of The Sense Collective

Factor's AI collaboration community, The Sense Collective, features in Legaltech News' latest 'Legaltech Rundown'.

Mention | December 05, 2024

Factor Broadens its Co-Innovation Community and Launches AI Adoption Acceleration Initiative

Presswire: Factor, the market leader in Integrated Law, has launched the second cohort of The Sense Collective

Press Release | December 04, 2024

Push into Legal AI: Factor Broadens its Co-Innovation Community and Launches AI Adoption Acceleration Initiative

Factor expands GenAI initiatives with the launch of The Sense Collective’s second cohort and the new Sensemaker Academy, driving innovation and AI adoption in legal teams.

Mention | November 13, 2024

How AI is removing legal obstacles that slow down business

The Sense Collective, Factor's GenAI collaboration community, features in the Financial TImes' list of 20 initiatives that save time and money in everyday processes - including contracts and procurement

Mention | July 30, 2024

Goldman, Google Back Legal Tech in $1 Billion Funding Rounds (1)

Factor's Ed Sohn discusses Clio's AI strategy and market position with Bloomberg Law, contrasting it with newer AI entrants like Harvey.

Mention | July 18, 2024

AI Accuracy in Legal Research Remains in ‘Check Your Work’ Phase

Factor’s Ed Sohn features in Bloomberg Law discussing why focusing solely on retrieval can be risky for legal teams beginning their GenAI journey. While advancements are on the horizon, the full promise of GenAI's RAG approaches remains to be unlocked.

Mention | June 20, 2024

When Site Start-Up Goes Wrong: 4 Contracting Pitfalls To Avoid

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.

Mention | June 14, 2024

Generative AI’s Challenge to Legal Sector’s Alternative Providers

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 | June 12, 2024

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.

Mention | May 28, 2024

How to Overcome Resistance to AI in Legal Ops

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 | May 28, 2024

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

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.

Mention | May 28, 2024

Target Operating Models (TOM) Design: Why TOM is Critical for Legal Departments

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.

Mention | April 18, 2024

GenAI In The Derivatives Market: A Future Perspective

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.

Mention | April 12, 2024

In or Out? - GenAI has Sparked Interest in Bringing More Legal Matters Back In-House

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.

Mention | April 08, 2024

The AI Revolution Is Here. Who Will Be the Winners and Losers in Legal Services?

Factor’s Ed Sohn is quoted in Corporate Counsel about the impact of AI adoption on in-house legal teams.

Mention | February 29, 2024

Factor, Top GCs Form Sense Collective to Create ‘Recipe Book’ for Corporate Gen AI Success

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."

Mention | February 29, 2024

Leading General Counsel Team up to Support Generative AI Adoption

A collaboration spearheaded by Factor includes participation from executives at companies such as Microsoft, Intel, Adobe and Ford.

Mention | February 29, 2024

GC Cheat Sheet: The Hottest Corporate News Of The Week

Big Tech general counsel are launching a legal community aimed at accelerating the adoption of generative artificial intelligence in the corporate space.

Mention | February 29, 2024

Microsoft, Ford GCs Among In-House Teams Collaborating on Generative AI Initiative

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.

Mention | February 29, 2024

Factor, Big Tech GCs Form GenAI Learning Collective

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.

Mention | February 29, 2024

Major Corporates Including Intel and Microsoft Launch GenAI Collective Facilitated by Factor

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.

Mention | February 28, 2024

Legal Managed Services Expert Joins Factor’s UK Leadership Team

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 | February 15, 2024

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

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 | February 08, 2024

Trailblazing GCs Combine Forces to Spearhead GenAI Transformation

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 | November 14, 2023

Factor Appoints Genpact Chief Growth Officer To Board of Directors

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

Mention | November 06, 2023

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

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

Mention | November 06, 2023

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

Ed Sohn, Factor's Global Head of Capabilities is quoted in LexBlog with his reference to legal services innovation.

Mention | September 27, 2023

Culture and Contracts: Two Pillars of Risk Management

Factor CEO Varun Mehta authors this piece featuring on Directors & Boards.

Press Release | September 12, 2023

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

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.

Mention | September 01, 2023

Corporate Legal Departments Start Embracing AI, Cautiously

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.

Mention | August 21, 2023

Downturn Could Catalyze Welcome Change for In-House Counsel

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.

Mention | August 21, 2023

How Good Contract Management is Key to Navigating a Complex Regulatory Landscape

Factor's David Rawson opinion on the approach to contract management strategies that can significantly lighten the burden of increasingly complex regulatory obligations.

Mention | August 21, 2023

How Contracts Can Insulate Life Sciences Companies From Supply Chain Strain

Factor's Karl Dorwart is quoted in SupplyChainBrain's article on how contracts can insulate life sciences companies from Supply chain strain.

Press Release | June 14, 2023

Factor Notches Band 1 Chambers Ranking

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 | May 15, 2023

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

Legaltech news reports how Factor will add the LegalSifter Review Tool to to it's Integrated Contracting Platform.

Mention | May 15, 2023

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

Varun Mehta, Factor CEO, features in Legal Dive's article as he highlights the company's partnership with Crowdstrike.

Mention | May 15, 2023

The Lawyer Awards 2023: Who’s made the shortlist?

Factor Law are shortlisted for Law Company of the Year 2023.

Press Release | May 10, 2023

Factor Launches Partnership with LegalSifter

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 | April 13, 2023

Factor Enters Into Exclusive Partnership With Global Counsel Leaders

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

Mention | March 22, 2023

New Demands and Expectations of Today’s General Counsel

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

Mention | March 17, 2023

Legal Outsourcing Market: Who Benefits and What affects

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 | March 10, 2023

How One Legal Leader Fights Costs While Increasing Value

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

Mention | March 10, 2023

LegalSifter Receives Investment from Carrick Capital Partners

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 | March 10, 2023

Carrick Capital Partners Invests in LegalSifter

Varun Mehta, CEO of Factor joins LegalSifters Board of Directors.

Mention | February 22, 2023

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

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 | February 22, 2023

Factor Launches Integrated Contracting Platform Driven By Seasoned Growth Company Executive

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 | February 02, 2023

Association of Corporate Counsel Names Factor & CrowdStrike Value Champions

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 | January 21, 2023

How the Legal Profession has Become a Complex Legal Ecosystem

Varun Mehta, Factor CEO, is quoted in The Barrister on providing/scaling specialized solutions.

Press Release | November 10, 2022

Financial Times Names Factor The Leading Integrated Solution Provider

The Financial Times names Factor as the leading Integrated solution provider as part of their Accelerating Business Report.

Press Release | July 21, 2022

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

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 | July 14, 2022

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

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 | July 14, 2022

No longer just contracts – BT expands managed services partnership

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 | July 14, 2022

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

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 | June 23, 2022

BT and Factor Break New Ground with Expanded Partnership

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

Mention | May 24, 2022

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

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 | May 24, 2022

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

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 | May 24, 2022

Factor + Mayer Brown Launch Flat-Fee Compliance Service

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 | May 24, 2022

Mayer Brown, Partners Unveil Derivatives Compliance Service

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

Press Release | May 11, 2022

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

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

Mention | February 15, 2022

Legal Tech’s Predictions for Business of Law and ALSPs in 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 | February 15, 2022

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

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 | February 15, 2022

Top 10 Procurement Predictions and Trends

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 | February 15, 2022

Legal Tech Adoption Jenga: BlackBoiler

Factor is pleased to share it's recent feature with BlackBoiler regarding legal technology adoption.

Mention | February 15, 2022

Established or in hypergrowth mode? GCs will find a solution

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

Mention | February 15, 2022

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

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

Mention | February 15, 2022

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

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

Mention | February 15, 2022

Agiloft, Kira + BlackBoiler Join ‘Factor Connect’ Partnership

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.

Mention | February 15, 2022

Legal tech, law companies bet on collaboration with new partnerships

Factor and Priori both launching new legal tech and legal services networks

Mention | February 15, 2022

The American Lawyer Announces 2021 Industry Awards Finalists

Factor is thrilled to be a finalist in The American Lawyer Awards

Mention | July 30, 2021

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

Don't overlook the importance of good, career-advancing work.

Mention | July 30, 2021

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

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 | July 28, 2021

Factor Launches ‘Factor Connect’ Partnership Program to Accelerate Innovation

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 | June 08, 2021

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

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

Mention | March 26, 2021

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

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.

Mention | March 26, 2021

Artificial Lawyer: Former A&O Managing Partner, Andrew Ballheimer, Joins Factor

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 | March 26, 2021

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

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 | March 25, 2021

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

Factor bridges the worlds of traditional law and New Law with notable law firm leader on board

Mention | March 18, 2021

ALSP Factor Reflects On First Year Since Rebrand

Factor's Head of Strategy, Chris DeConti, speaks with Steven Lerner at Law360 on Factor's First Year Anniversary as an independent company.

Mention | March 18, 2021

With Limited Talent Pool, ALSPs Might Have Hiring Advantage Over Big 4

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 | February 11, 2021

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

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

Mention | January 11, 2021

Benchmark Reform: The Rosetta Stone for New and Old Law

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

Mention | January 07, 2021

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

Mention | January 04, 2021

Legal Tech’s Predictions for Legal Technology Innovation in 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.

Mention | December 28, 2020

Legal Tech’s Predictions for E-Discovery in 2021

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 | December 22, 2020

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

Mention | December 15, 2020

An Overview of the New Central Securities Depository Regulation

Factor’s Chris Magee illuminates a new EU regulation, discussing what organizations are impacted and what they can do to meet their compliance obligations.

Mention | December 15, 2020

Out of Office: Keeping Our Offices Excelling While We Weren’t In Them

Sandy Devine, Chief Commercial Officer at Factor, explores how firms have maintained continuity in a radically altered business environment.

Mention | December 14, 2020

2021 Predictions: The Market View

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.

Mention | November 27, 2020

Tech is revolutionizing the old-school legal industry. How law firms are partnering up to cut costs and the startups set to benefit.

Originally published in Business Insider.

Mention | November 25, 2020

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

Originally published in Business Insider.

Mention | November 17, 2020

Legal Co. Factor Taps NewLaw Vet For New Consulting Arm

Originally published on Law360.

Mention | November 16, 2020

Factor’s New VP Has Advice for ALSP Competing With Firm Captives: ‘Stay the Course’

Originally published in LegalTech News.

Press Release | November 16, 2020

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

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 | October 21, 2020

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

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 | October 12, 2020

Factor Names Retired Deloitte Vice Chair Carol Lindstrom to Its Board

Originally published in LegalTech News.

Mention | October 12, 2020

Factor Continues to Diversify Its Leadership

Originally published on TechLaw Crossroads.

Mention | October 12, 2020

Factor Adds Ex-Deloitte Consulting Vice Chair, Lindstrom

Originally published on Artificial Lawyer.

Press Release | October 09, 2020

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

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 | October 08, 2020

Factor’s Community Care Initiative

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 | October 07, 2020

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

Originally published on LegalTech News.

Mention | October 01, 2020

Launching Today: LexFusion Aims to Turbocharge Tech Adoption by Changing the Sales Paradigm

Originally published on LawSites Blog.

Mention | September 29, 2020

4 Ways Private Equity Is Changing the Legal Tech Industry

Originally published on LegalTech News.

Mention | September 25, 2020

For ALSPs’ Clients, Scalability Matters More Than Head Count

Originally published on LegalTech News.

Mention | September 11, 2020

NewLaw Sees Upturn As In-House Attys Respond To COVID-19

Originally published on Law 360.

Mention | September 09, 2020

ALSPs’ Contract Expert Hiring a Product of Newcomers’ Quick Growth

Originally published on LegalTech News.

Press Release | August 24, 2020

Factor in the Press: Carrick Capital Partners to Expand Investment in Factor

Coverage from the announcement of Carrick Capital Partners Increased Investment in Factor

Mention | August 24, 2020

What’s New? Your ILTA>ON Legal Tech News Roundup

Originally published on LegalTech News.

Mention | August 20, 2020

Palantir and Amazon pick Denver

Originally published on Fortune.com.

Mention | August 19, 2020

Another big investment in alternative legal services providers

Originally published on Legal Futures.

Mention | August 18, 2020

Investment Firm to Take Majority Share in Factor, the Axiom Managed Services Spin-Off

Originally published on LawSites Blog.

Mention | August 18, 2020

Factor Scores New Post-Axiom Investment, Majority Owner

Originally published on Bloomberg Law.

Mention | August 18, 2020

Factor Plans Hiring Spree Following New Investment

Originally published in LegalTech News.

Mention | August 18, 2020

Carrick PE Fund Takes Majority Stake in Factor

Originally published on Artificial Lawyer.

Mention | August 18, 2020

Carrick Capital acquires majority stake in Factor in “one of the biggest net new investments” in the legal market – although the value is not disclosed

Originally published on Legal IT Insider.

Mention | August 18, 2020

Carick Capital Becomes Majority Partner in Factor

Originally published in Orange County Business Journal.

Press Release | August 18, 2020

Carrick Capital Partners to Expand Investment in Factor

The leader in next generation solutions for complex legal work at scale is now poised to accelerate its rapid growth, increase global market share.

Mention | August 06, 2020

5 Ways That Corporate Legal Departments Are Evaluating Their Relationships With ALSPs

Originally published on Corporate Counsel.

Mention | August 05, 2020

What Is New Law? The Definition Can Be Broad, but It’s All About Value

Originally published on Law.com.

Mention | August 05, 2020

ALSPs Are Still More Threat Than Partner to Law Firms

Originally published on Law.com.

Mention | August 03, 2020

Most Legal Departments Are Not Fully Embracing ALSPs, Survey Says

Originally published on LegalTech News.

Mention | July 27, 2020

ALSPs Under Review: The Path to Becoming a Go-To ALSP Runs Through Common Criteria, With Some Noticeable Omissions

Originally published on LegalTech News.

Mention | July 23, 2020

Supporting Buyers of Legal Services in the Current Climate

Originally published on Reinventing Professionals.

Mention | July 15, 2020

An End to the Traditional US Law Firm Monopoly

Originally published on Artificial Lawyer.

Mention | July 15, 2020

An End to the Traditional US Law Firm Monopoly

Originally published on Artificial Lawyer.

Mention | July 15, 2020

Managed Services Veteran Ed Sohn Leaves EY Law To Join Axiom Spin-Off Factor

Originally published on LawSites Blog.

Mention | July 15, 2020

Factor Hires EY Law’s Ed Sohn as Growth Continues

Originally published on Artificial Lawyer.

Mention | July 15, 2020

EY Law’s Former Global Innovation and Tech Leader Jumps to Factor

Originally published on LegalTech News.

Mention | July 15, 2020

EY Law innovation leader Ed Sohn joins Axiom spin-off Factor

Originally published on Legal IT Insider.

Mention | July 15, 2020

Ed Sohn Joins Factor as Head of Solutions

Originally published on City Biz List.

Press Release | July 15, 2020

Legal Industry Innovator Ed Sohn Joins Factor as Head of Solutions

Industry leader Ed Sohn joins Factor as Head of Solutions

Mention | July 07, 2020

Former Gartner Executive Named CEO of ALSP Axiom

Originally published on LawSites Blog.

Mention | June 22, 2020

“Lower Hourly Rates. Make More Money. Hold My Drink ”

Originally published on TechLaw Crossroads.

Mention | June 03, 2020

As Factor Hires Top Team: ‘We Want to Own the Idea of Complex Work at Scale’

Originally published on Artificial Lawyer.

Mention | June 03, 2020

Are Complex Legal Matters Kryptonite to ALSPs’ Cost Advantage?

Originally published on LegalTech News.

Press Release | June 03, 2020

Factor Expands Leadership Team, Invests in Future Amidst Rapid Growth

John Dillon, former CFO, Global Business Solutions at Mercer, takes over as Factor CFO. Roxann Erxleben, 28-year veteran of Accenture is Factor’s new COO

Mention | May 29, 2020

ALSP and Legal Tech Competition Won’t Be ‘Zero-Sum Game’ Post-COVID-19

Originally published on LegalTech News.

Mention | April 30, 2020

A&O Steps Up LIBOR Work With Legal Tech Partnership

Originally published on Law.com International.

Mention | April 28, 2020

Factor and Allen & Overy join forces to take on LIBOR repapering

Originally published on Legal IT Insider.

Mention | April 28, 2020

A&O Works With Factor, Eigen + iManage on IBORMatrix Offering

Originally published on Artificial Lawyer.

Mention | April 28, 2020

40% of LIBOR-based contracts don’t specify an alternative

Originally published on Pensions & Investments Online.

Press Release | April 28, 2020

Factor Partners with Magic Circle Firm Allen & Overy to Offer Comprehensive LIBOR Solution

Factor announces comprehensive LIBOR contract remediation solution and partners with Allen & Overy to help clients meet the massive LIBOR transition challenge

Mention | March 17, 2020

5 Unique Challenges Facing ALSPs in the Modern Market

Originally published on LegalTech News.

Mention | March 16, 2020

For Legal Services Industry, Europe Travel Ban Brings Little Disruption

Originally published on LegalTech News.

Mention | February 18, 2020

Familiar ALSPs Are Risking Unfamiliarity With Name Changes. So Why Rebrand?

Originally published on LegalTech News.

Mention | February 14, 2020

‘ALSP,’ ‘New Law’ or ‘Law Company’: What’s Behind Legal’s Shifting Identity?

Originally posted on LegalTech News.

Mention | February 13, 2020

Knowable Says Its New Platform Turns Your Contracts Into Actionable Data

Originally published on Law Sites.

Mention | February 06, 2020

New law pioneer Axiom acquires legal resourcing rival Bliss Lawyers

Originally published in The Global Legal Post.

Mention | January 28, 2020

Brexit delivering ‘significant’ boost to law firms in North

Originally published in Irish Times.

Mention | January 27, 2020

Rebranded Axiom spin-off Factor to adopt best of breed tech stack – we speak to new CEO Varun Mehta

Originally published on Legal IT Insider.

Mention | January 24, 2020

CEO discusses the disrupting, displacing and deconstructing of legal services

Originally published on ABA Journal.

Mention | January 23, 2020

Disrupting, Displacing, and Desconstructing Legal Services

Originally published on Reinventing Professionals Podcast.

Mention | January 22, 2020

New Factor CEO: Specialization Will Replace Legal Services’ ‘One-Stop-Shop’ Strategy

Originally published on LegalTech News.

Mention | January 21, 2020

New CEO Named for Axiom Managed Services Spin-Off Factor

Originally published on LawSites.

Mention | January 21, 2020

Factor Names Varun Mehta as CEO Following Rebranding from Axiom Managed Solutions

Originally published on LegalTech News

Mention | January 21, 2020

Factor Appoints Varun Mehta As CEO, Former Prez of ALSP Morae Global

Originally published on Artificial Lawyer.

Mention | January 21, 2020

Factor appoints Varun Mehta as CEO

Originally published on Legal IT Insider.

Press Release | January 21, 2020

Factor in the Press: Varun Mehta named as CEO

Coverage from the announcement of Varun Mehta as CEO of Factor.

Press Release | January 21, 2020

Varun Mehta Named CEO of Factor

New Law Veteran to Lead Legal Services Pioneer into Next Era.

Mention | January 16, 2020

LegalTech Innovator Enters New Phase of Growth

Originally published on LawFuel Blog.

Press Release | January 16, 2020

Factor in the Press: Brand Launch

Coverage from the press on the launch of our new brand: Factor.

Mention | January 15, 2020

Wake Up Call: Bloomberg Law

Originally published on Bloomberg Law.

Mention | January 15, 2020

Axiom’s Managed Services Business Rebrands After Spinout

Originally published on Bloomberg Law.

Mention | January 15, 2020

Axiom Spinoff Takes New Identity, Aiming for Growth and Its Own Niche

Originally published on The American Lawyer.

Mention | January 15, 2020

Axiom Spinoff Retooled: The Morning Minute

Originally published on Law.com.

Mention | January 15, 2020

Axiom Managed Solutions Relaunches as Factor

Originally published on Legal IT Professionals.

Mention | January 15, 2020

Axiom Managed Solutions relaunches as Factor

Originally published on Legal IT Insider.

Mention | January 15, 2020

Axiom managed solutions business relaunches as Factor

Originally published on Canadian Lawyer.

Mention | January 15, 2020

Axiom Managed Solutions Becomes ‘Factor’, Looks At AI Contract Negotiation Tools

Originally published on Artificial Lawyer.

Mention | January 15, 2020

Axiom Managed Services Spin-Off Changes Name to Factor

Originally published on LawSites

Press Release | January 15, 2020

Axiom Managed Solutions Relaunches as Factor

After Spin-Out from Axiom, Legal Innovator Enters New Phase of Growth; Investors Double Down on their Commitment to the Company

Press Release | February 19, 2019

Axiom Managed Solutions Spins Off from Axiom.

Axiom Managed Solutions (AMS), the leader in next-generation solutions for complex legal work at scale, today announced that they have been spun off from Axiom, a leading global marketplace for on-demand corporate legal talent, as a new independent companies, effective February 12, 2019.

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