LexisNexis Accepting Applicants for Fourth Cohort of Legal Tech Accelerator
Legal market start-ups receive hands-on mentoring, access to cutting-edge tools, technologies
and other unique benefits designed advance their businesses
July 15, 2019 — Raleigh, NC – LexisNexis today announced that it is accepting applications for the fourth cohort of the LexisNexis Legal Tech Accelerator. The program is designed to give start-ups a leg-up in the rapidly expanding legal tech industry. The accelerator leverages LexisNexis deep expertise in legal, technology and start-up domains, and industry-leading market position to advise and incubate program participants.
The Accelerator will run September through December 2019 and will be co-located in the Menlo Park, CA offices of Lex Machina and at the LexisNexis Raleigh Technology Center in Raleigh, NC. The program will again be led by Lex Machina CEO, Josh Becker; Chief Evangelist, Owen Byrd; and LexisNexis Vice President of Product Management, Jeff Pfeifer; with additional support from LexisNexis Chief Technology Officer, Jeff Riehl, and Chief Product Officer, Jamie Buckley.
“After three successful cohorts, we are pleased to announce the next round of our Tech Accelerator,” said Jeff Pfeifer. “As an organization, we believe deeply in the power of accelerator programs to create and nurture a climate of innovation in the legal market. Each year, we are increasingly impressed by the depth and quality of applicants to our program.”
“The legal tech world is relatively small compared to other tech specialties. Having the expertise and support of LexisNexis was an opportunity that I knew would benefit both the development of my company and my personal growth as a founder,” said Kisha Brown, CEO of Justis Connection. “I was exposed to so much information during my six weeks in the LexisNexis Legal Tech Accelerator, ranging from sales and marketing advice to fundraising and pitching strategies.”
As part of the three-month program, accelerator organizations will participate in a rigorous curriculum designed especially for early-stage companies in the legal market:
- Tools: Access to cutting-edge tools and technologies from LexisNexis and Lex Machina
- Mentorship: Weekly hands-on sessions with LexisNexis executives on growing legal tech companies, and ad hoc discussions with other LexisNexis executives about technology, user experience & design, product development, product marketing and other topics
- Education: One-hour strategy sessions on a variety of topics, including marketing and selling to legal departments; running an agile product development organization; leveraging legal data; best practices in customer service, employee management, marketing and funding
- Connections: Leverage relationships with Stanford and other Bay-Area schools, businesses, VCs and other influencers
- Workspace: Space for up to four people inside the exciting Lex Machina offices in Menlo Park, CA or in the LexisNexis Raleigh Technology Center on the North Carolina State University Centennial Campus
Legal Tech Accelerator participants will also have access to cutting-edge tools and technologies from LexisNexis and will be able to leverage the company’s established relationships with Stanford University, North Carolina State University, Silicon Valley businesses, VCs and influencers to grow their organizations.
“Lex Machina has deep roots in Silicon Valley and LexisNexis is deeply connected in North Carolina’s Research Triangle”, noted Josh Becker, CEO of Lex Machina. “Being actively involved in Stanford University’s CODEX program, and having started as a special interest project at Stanford before spinning off as a start-up, we know first-hand the struggles that legal tech start-ups go through. The goal of our program is to directly address the unique market challenges of launching a company in the legal market.”
Launch of the LexisNexis Legal Tech Accelerator complements a recent announcement by LexisNexis of its support for the Duke Law Tech Lab. LexisNexis and the Duke Center on Law & Tech are working to develop complementary programs that catalyze new legal tech companies and enhance access to legal services. Together, we hope to foster community and connections among legal tech entrepreneurs and leaders and amplify innovation for not only the companies directly involved, but also for the larger legal ecosystem.
Jointly, LexisNexis and the Duke Center on Law & Tech see both accelerator programs as part of a broad and growing ecosystem of support for legal tech companies at all stages in their development. As such, the Duke Law Tech Lab and the LexisNexis Legal Tech accelerator both help selected companies navigate the legal tech start-up environment and find the paths that are right for each individual team. More information about that partnership can be found here.
For more information, or to apply to the LexisNexis Legal Tech Accelerator program, interested parties can find more here . The deadline for applicants is August 9, 2019.
About LexisNexis® Legal & Professional
LexisNexis Legal & Professional is a leading global provider of legal, regulatory and business information and analytics that help customers increase productivity, improve decision-making and outcomes, and advance the rule of law around the world.
As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 130 countries with 10,000 employees worldwide, is part of RELX Group, a global provider of information and analytics for professional and business customers across industries.
About Lex Machina
Lex Machina’s award-winning Legal Analytics® platform is a new category of legal technology that fundamentally changes how companies and law firms compete in the business and practice of law. Delivered as Software-as a-Service, Lex Machina provides strategic insights on judges, lawyers, parties, and more, mined from millions of pages of legal information.
Based in Silicon Valley, Lex Machina is part of LexisNexis, a leading information provider and a pioneer in delivering trusted legal content and insights through innovative research and productivity solutions, supporting the needs of legal professionals at every step of their workflow. By harnessing the power of Big Data, LexisNexis provides legal professionals with essential information and insights derived from an unmatched collection of legal and news content—fueling productivity, confidence, and better outcomes.