Three of the world’s top law firms have launched a legal tech platform they hope will bring “systems and information together into one secure space.”
Lupl, backed by Palo Alto’s Cooley, CMS in London and Singapore-based Rajah and Tann, is a cloud-based operating platform that allows teams across multiple verticals to work together in real-time. Its private beta version, open today, has been in development for two years. A public release is scheduled for 2021.
The three firms—which represent a combined 10,000-plus lawyers—have ploughed a combined $10 million into Lupl, has already hired 50 employees – 36 of whom are focused on its tech side. It has also brought on board Heidi Gardner PhD, a Harvard Law School professor and author of Smart Collaboration.
Together they will help finesse a product that speeds up and smoothes legal proceedings by providing a single space in which company staff can work.
“Lawyers today have a critical role to play at the front lines of business,” said Michelle Fang, vice president and CLO at San Francisco car-share startup Turo. “But technology tools for lawyers often seem to hold them back rather than empower them.
“Lupl’s open industry platform has the potential to enhance transparency and collaboration and deliver better, more modern ways of working within our department, with other business functions, and with law firms,” added Fang.