Wary of consultants bearing solutions? There’s an option. Rather than reading the tea leaves of the Hype Cycle, check out Reynen Court. This app platform, designed to make it faster and easier for law firms to adopt legal technology by making products available for roll-up-the-sleeves test drives, recently rolled out a separate consortium for corporate law departments at major financial institutions (Barclays, BNP Paribas, Morgan Stanley, UBS) and other blue-chip brands (Cisco, Intel). According to Reynen founder and CEO, Andrew Klein, the law department cohort will meet from time to time with their law firm counterparts. “We are driven by the opportunity to establish clear standards for the legal technology sector,” Klein says. “Since the legal services market is triangular – defined by law firms, legal departments and the vendors of technology – it has always been our plan and ambition to bring into collaboration the in-house legal departments.”
Published November 9, 2021.