Legatics secures over £500,000 in funding

Legatics Press Release Photo - Oct 2018.jpg

Legatics, the deal management platform that automates the work of lawyers and provides a more efficient and transparent method of running legal transactions, has secured more than £500,000 in investment from a combination of angel investors and venture partners. This investment brings the company’s post-money valuation to £3.14 million.

Legatics has predominantly been used for streamlining workflows in large-scale banking and finance transactions. The investment will be used by Legatics to fund the fast-growing legal technology company’s continued global expansion and further development of the platform. This includes continuing Legatics’ expansion beyond banking and finance into corporate use cases, including mergers & acquisitions and equity capital markets.

As part of the investment round, two non-executive directors will join the Legatics board. Simon Black, a former member of the Board at magic circle firm Allen & Overy and Managing Partner of their China and Japan offices, and Andrew Jameson, previously Head of Investment Banking for EMEA at MUFG, one of the world’s largest banks.

Simon Black commented that he “spent 25 years in private practice waiting for the kinds of automation solutions that Legatics offer and it’s a privilege to be joining the Legatics board.  Their software really understands how deals are run and how lawyers are wired and has already provided law firms and their clients with significant efficiency savings”.  

Andrew Jameson added that “Legatics is one of the most innovative yet practical legal technology companies that I have seen and I am excited to be joining the board to be part of growing a world-leading legal deal management platform”.

Anthony Seale, founder and CEO of Legatics, commented that “Legatics is very excited about working with Simon and Andrew. As a software company, Legatics has always taken pride its level of sector-specific expertise and Simon and Andrew’s experience of legal transactions and investment banking at the highest level will bolster Legatics’ understanding of all users who engage with the platform”.

Legatics is currently being used by more than half of Chambers and Partners top global banking and finance law firms on transactions in more than 15 countries.  The growing Legatics team includes former lawyers from Clifford Chance, Freshfields Bruckhaus Deringer, Allen & Overy, Herbert Smith Freehills and DLA Piper who have specialised in different areas of law, bringing a wealth of experience and insight into the nuances of transactional practice. With a fast release cycle for new features informed by that insight, Legatics is continuing to work closely with its customers to release several new features and use cases over the coming months.

Legatics Exhibits at Barclays LawTech Eagle Lab Launch

Legatics was selected as one of six companies to exhibit at the launch of the Barclays LawTech Eagle Lab on 19 June 2018, an event attended by an estimated 237 lawyers, professional service providers and other stakeholders in the legal industry, including professionals from the Law Society and Barclays' academic and law firm partners. The Legatics team showcased its software as part of the exhibit, and participated in a video presentation about the Legatics platform and the challenges facing the legal industry which are being addressed through the adoption of LawTech. Speakers at the event included Stephanie Pagni, UK General Counsel of Barclays, Simon Davis, Deputy Vice President of the Law Society and the Rt Hon Lord Keen of Elie QC.

Daniel Porus (Legatics   Head of Business Development  ) in Eagle Lab launch video.

Daniel Porus (Legatics Head of Business Development) in Eagle Lab launch video.

Barclays describe Eagle Lab as being a way to bridge the gap between law firms and LawTech companies, and the community provides access to key industry players who support and mentor those innovators. The Legatics team looks forward to being part of the Eagle Lab community.

For more information about Eagle Labs please visit https://labs.uk.barclays/lawtech.

Legatics featured in Forbes, Legal IT Insider and Artificial Lawyer

Legatics have recently been featured in a number of publications covering developments in the legal technology sector. Press coverage has included pieces from:


Forbes, in relation to Allen & Overy's roll out of Legatics' platform in their global Banking and Finance practice, as well as partaking in the firm's technology programme 'Fuse'.

Legal IT Insider, in relation to the Legatics story, including fundraising, product development and growth.


Artificial Lawyer, on the benefits and adoption of Legatics' platform.

Allen & Overy adopt Legatics across their global Banking and Finance teams

Magic circle law firm Allen & Overy have announced that they are adopting the Legatics platform throughout their global Banking and Finance practice following a successful pilot.

Banking lawyers across the international legal practice are using Legatics' automated conditions precedent (CP), bible creation and issue tracking processes, saving time and cost, and enabling them to spend their time on higher value, strategic legal work.

David Campbell, Banking partner at Allen & Overy in London, commented: “Following a long period of collaboration with Legatics, we are very happy to introduce the system for use throughout the Banking practice worldwide. It’s already getting very positive feedback from clients, saving time for our lawyers and making a significant difference to the way they support clients on deals.”

Allen & Overy's full press release is available at http://www.allenovery.com/news/en-gb/Pages/Allen--Overy%27s-Banking-practice-adopts-Legatics-technology-after-successful-collaboration-in-Fuse.aspx.


Image of Allen & Overy by Alan Stanton under CC-by-SA 2.0 licence.

Legatics deliver talks on the legal technology landscape with Kyan

Anthony Seale, Product Lead at Legatics, gave a talk on Legatics' story and the legal technology landscape, attended by law firms, in-house counsel and other industry participants. He described the challenges when innovating in the legal sector, which include changing risk averse and ingrained working habits and how Legatics overcomes these challenges with software that is easy to use and presents interfaces that mimic traditional legal practice.


Kyan are holding another legal technology event on 3 May 2018 as part of their Campus series of talks at which Daniel Porus, Head of Business development at Legatics will be speaking. For further information and to request an invitation please visit http://campus.kyan.com/.

Legatics join Fuse, Allen & Overy’s tech innovation space


Legatics is to join Fuse, a technology innovation space within Allen & Overy. The Legatics River modular deal platform, alongside Legatics’ long term vision was presented in July to a selection committee that included Oli Harris (J.P. Morgan), Robert Kerrigan (Funding Circle), Alex Wong (Amazon) and Sam Myers (Balderton Capital).

High levels of lawyer input have been central to the success of Legatics’ software offering to date. As the Legatics River platform expands, working closely with Allen & Overy lawyers will ensure that the platform continues to accurately embody lawyers' complex working practices.

For media interviews, enquiries and information please contact info@legatics.com.

Legatics launch Legatics River matter platform

Legatics have launched Legatics River, an end-to-end transaction platform that improves the client experience and efficiency of many legal processes.

The software is modular, allowing lawyers to pick and choose the functionality they wish to use upon their matter. Legatics’ previous software, ‘Conditions Perfect’, popular for the management of conditions precedent in financing transactions, has been integrated as one such module in the Legatics River platform. Legatics have also added further modules that organise and automate bible (or ‘closing set’) production, handle complex document negotiations and efficiently collect and distribute KYC. As with all of Legatics’ software, large amounts of lawyer time has been invested into redesigning each legal process, ensuring that the software accurately represents the nuanced workflows of front-line practitioners.

Legatics’ state-of-the-art information security systems have also been expanded to allow law firms to hold their own database and file encryption keys. Retaining such control allows law firms to satisfy even the most stringent of client requirements.

For media enquiries, information or interviews please contact info@legatics.com.

About Legatics

Legatics turn traditional paper and email based legal processes into simple and innovative software. The company enables law firms to realise large efficiency gains by rethinking the day-to-day work of lawyers and introducing highly automatic software. The client experience of a process is placed at the forefront of all new designs.

Legatics software development is led by lawyers, meaning it accurately embodies legal tasks, is easy and pleasurable for them to use and upholds the high standards of client care and communication firms have built their reputation on.