Elevate Acquires Sumati, Expanding Capabilities and Scale in Contract Lifecycle Management Support

LOS ANGELES – December 5, 2018 – Law company Elevate today announced the acquisition of Sumati Group, a leading provider of contract lifecycle management (CLM) managed services. The move expands Elevate’s existing contracts support capabilities globally with over 200 Sumati lawyers and technologists providing contract review and analysis, and CLM managed services on over 20 leading CLM platforms. The deal also adds Sumati’s proprietary software for contract review and analysis to Elevate’s technology arsenal, which was recently expanded by Elevate’s acquisition of enterprise legal AI technology and consulting firm LexPredict.

“The combination with Sumati provides us additional capabilities and capacity to meet growing customer demand for contracts support solutions across the contract lifecycle continuum,” says Kunoor Chopra, VP of Legal Services at Elevate…

Steve Harmon Joins Elevate as General Counsel

LOS ANGELES – November 27, 2018 – Global law company Elevate announced today that Steve Harmon has joined as General Counsel.

Harmon currently leads multiple practice areas in the Cisco law department, where he has worked with Cisco’s Chief Legal Officer Mark Chandler for 19 years. He will divide his time going forward, continuing to lead non-Elevate portions of the Legal Operations portfolio at Cisco while serving at Elevate. Harmon is also a co-founder and Board member of the Corporate Legal Operations Consortium (CLOC) whose broad mission is to promote collaboration among in-house legal operations professionals…

Elevate Acquires LexPredict, Expanding Capabilities in Artificial Intelligence and Data Science

LOS ANGELES – November 14, 2018 – Global law company Elevate today announced the acquisition of enterprise legal AI technology and consulting firm LexPredict. The move combines the comprehensive legal services offering of Elevate with the data science team and AI engine of LexPredict, creating more sophisticated technology-enabled solutions for law departments and law firms.

“Elevate and LexPredict have been collaborating closely for over a year, leveraging AI to improve speed and accuracy in M&A due diligence and contract analysis for Cisco,” says Pratik Patel, VP of Innovation at Elevate. “We’re merging our businesses to increase the pace at which we are integrating AI into our enterprise legal management suite, Cael ELM and collaborating on solutions that are ‘AI + HI’ – artificial intelligence plus human intelligence…