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Law Technology News Chronicles E-Discovery Startup's Venture Capital Journey

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NEW YORK, Aug. 1, 2014 (GLOBE NEWSWIRE) -- In its August 2014 cover story, ALM's Law Technology News provides an instructive look at how NexLP, an e-discovery startup company, captured the attention and support of venture capitalists.

"The success of NexLP at Techstars Chicago, a top business accelerator for startup companies, offers a possible roadmap for other legal technology companies in pursuit of VC money and support," said LTN Editor-in-Chief Monica Bay. "NexLP was one of 10 companies selected from 705 applicants for a three-month 'boot camp' and funding. We also explore how key law firms are supporting the program, helping both Techstars and the new companies."

On a similar theme, the new issue of LTN also includes a feature article – "Launch Pad" – that follows a four-year journey that brought two competitors together in order to develop and launch a new trial presentation tool.

The August 2014 issue of LTN is available online now at www.lawtechnologynews.com.

Other editorial highlights address the following topics:

  • Why Big Law and five key associations are strongly opposing the recent decision by the Texas Bar to ban the non-lawyer job titles of "officer" or "principal" in the state.
  • Silicon Valley rising stars argue for the need to make legal documents, especially court files, readable by machines.
  • Highlights of the recent 2014 LegalTech West Coast conference.
  • How Big Law is transforming its cybersecurity policies and is no longer ridiculed as the "underbelly" of risk management.

Law Technology News provides timely information and insight into the latest technologies, products, and services available for the legal marketplace, as well as analysis and commentary from industry experts and senior law firm and corporate counsel decision makers. It is distributed to more than 40,000 selected subscribers and is available online at www.lawtechnologynews.com. Law Technology News is published by ALM.

About ALM

ALM is a global leader in specialized business news and information. Trusted reporting delivered through innovative technology is the hallmark of ALM's award-winning media properties, which include Law.com (www.law.com), The American Lawyer, Corporate Counsel, The National Law Journal and The New York Law Journal. Headquartered in New York City with 16 offices worldwide, ALM brands have been serving their markets since 1843. For more information, visit www.alm.com.

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CONTACT: Media Contact: Daryn Teague Teague Communications 661.297.5292 or dteague@teaguecommunications.com

Source: ALM