After Spin-Out from Axiom, Legal Innovator Enters New Phase of Growth; Investors Double Down on their Commitment to the Company
Axiom’s diversity statistics eclipse legal industry standards
New York, NY (June 19, 2019) - Axiom, a leading global marketplace for corporate legal talent, today announced a strategic hire to its executive leadership team—Sidra Berman joins Axiom as Chief Marketing Officer (CMO) and Executive Vice President (EVP). Based in Axiom’s New York headquarters, Berman will report to Axiom CEO Elena Donio and play a pivotal role defining Axiom’s brand as a marketplace, which empowers the world’s leading and most innovative businesses to solve their legal problems in a more modern, efficient way.
Axiom Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering
New York, NY (February 19, 2019) - Axiom Global Inc. today announced it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The proposed offering is subject to, among other things, completion of the SEC review process and market conditions.
San Francisco, CA (February 19, 2019) - Knowable, the market leader in enterprise contracts intelligence, and Axiom Managed Solutions (AMS), the leader in next-generation solutions for complex legal work at scale, today jointly announced that they have been spun off from Axiom, a leading global marketplace for on-demand corporate legal talent, as two new independent companies, effective February 12, 2019.
Axiom Expands Board of Directors with Appointments of John Reid-Dodick, WeWork and Kathleen Philips, Zillow Group
Reid-Dodick Joins as Compensation Chair and Philips as Audit Chair | ‘New Economy’ Leaders Share Axiom Vision for Future of Work
New York, NY– Axiom, the leading global alternative legal services provider, announced two strategic hires to its leadership team. Cathy Johnson joins Axiom as Chief Information Officer (CIO) and Lisa Young joins as General Counsel (GC). As Axiom continues to significantly grow and scale its business, Johnson and Young will play critical roles in furthering Axiom’s mission to transform the legal industry through talent and technology.
New York, NY – Trillions of dollars of lease obligations are set to hit corporate balance sheets in December 2018 for US companies, and January 2019 for international companies as new lease accounting standards (ASC 842 and IFRS 16) take effect. The two standards introduce new rules for how companies identify and measure the value of leases, and how they report them on corporate balance sheets. But as the deadlines for compliance loom, companies will need to look beyond leases – to their entire contract portfolio – in order to meet the requirements, according to new insights from Axiom, the leading global alternative legal services provider.
New York, NY (June 26, 2018) – Intralinks, the world’s leading Virtual Data Room (VDR) provider, and Axiom, the leading global alternative legal services provider which has supported more than $500 billion in corporate transactions, today announced that they have formed an alliance to provide new and existing clients innovative solutions for buy and sell-side due diligence and post-merger integration.
Axiom Launches Brexitbridge To Handle The More Than 7.5 Million Financial Services Contracts That Require Updates For Brexit
Brexit creates the most significant contracting challenge the financial services industry has ever faced, with more than 7.5 million contracts requiring amendments within the next 12 months, according to an Axiom analysis. Axiom launches BrexitBridge – a standardised, flexible solution to update contracts ahead of Brexit – to help companies respond.London (MARCH 15, 2018) – Major financial services companies operating across the UK and EU will need to review and update more than 7.5 million contracts in the next 12 months – including trading documents, key supplier agreements, loans and non-trading contracts – according to new analysis from Axiom, the leading global alternative legal services provider. To help the industry meet this challenge, today Axiom is launching BrexitBridge, a flexible, modular solution that combines artificial intelligence (AI), business intelligence tools and legal expertise to expedite the review, revision and renegotiation of contracts on a large scale.
Axiom Launches Contracts Intelligence Platform To Drive Radical Transparency In Corporate Transactions
New York, NY (January 30, 2018) — Axiom, the leading global alternative legal services provider, today announced the Contracts Intelligence Platform, a state-of-the-art technology solution for corporate transaction teams that speeds the contract review process, reveals potential deal synergies and provides business-critical information in a clear, elegant system.The Contracts Intelligence Platform, used during buy or sell-side due diligence or during post-merger integration, provides two key functions: First, the technology automates contract review, using artificial intelligence to collect and identify relevant clauses. As part of Axiom’s M&A Diligence and Integration solution, experienced legal professionals also provide oversight to ensure data accuracy and interpret contractual language into structured, measurable data fields.
Axiom Announces Appointment Of Dr. Matthias Schwenke To Head The Company’s Newly-launched Operations In Germany
FRANKFURT (May 22, 2017) – Axiom, the leading alternative legal services provider, is entering the next phase of its ambitious growth strategy across Europe as Dr. Matthias Schwenke joins to head the company’s operations in Germany.
LAS VEGAS, NV (May, 9 2017) – Seventy to ninety percent of merger and acquisition activity fails to achieve its goals. These failings are primarily due to the de-prioritization of deal integration and due diligence analysis. In-house lawyers understand these pre- and post-deal pitfalls, and are eager to affect change, but do not feel empowered to do so. Instead, they feel confined to due diligence box-ticking exercises, which add limited value to deal outcomes. These are the findings from The Deal Machine: M&A 2017, released today at The 2017 Corporate Legal Operations Consortium (CLOC) Institute by alternative legal services provider Axiom, in conjunction with Raconteur.
BELFAST, Ireland (April 20, 2017) – Axiom, the leading alternative legal services provider, announced the official opening of its new Belfast Centre of Excellence located in the Lincoln building. The new space represents a significant expansion of the company’s Belfast operations and the third relocation for growth since the Centre’s launch in 2012. The Centre will now accommodate anticipated hiring for the next two years, with offices for approximately 350 team members and legal professionals.
Axiom Announces Agreement With Johnson & Johnson Services, Inc. To Provide Contract Management Services Globally
NEW YORK, NY (December 15, 2016) – Axiom, a leading provider of technology-enabled legal and contracting services, today announced a 5-year, managed contracting services agreement with Johnson & Johnson Services, Inc. Under the terms of the agreement, Axiom will provide a multi-shore contract management service supporting the company’s global procurement contracting function.
NEW YORK (November 2, 2016) — Axiom, a leading provider of technology-enabled legal and contracting services, today announced a significant expansion of its senior leadership team. Mark Harris, who co-founded the firm 16 years ago and has served as its CEO ever since, will move into the role of Executive Chairman. Elena Donio, a respected technology executive, will join Axiom as its next CEO and join the company’s Board of Directors, effective November 30. Together, Harris and Donio will partner to spearhead ambitious growth and the amplification of the firm’s mission to modernize the delivery of legal services.
Cognition Llp Announces Corporate Reorganization, Acquisition By Axiom And Establishment Of Caravel Law
Toronto (BUSINESS WIRE) – (Jan 14, 2016) – Cognition LLP announced today the reorganization of its business to align more specifically to its two primary customer lines: larger corporations with legal departments (General Counsel Clients) and small/medium enterprises without in-house legal counsel (SME Clients). Axiom Cognition will focus on Canadian General Counsel Clients and will be acquired by Axiom at the end of January, while Caravel Law, a newly established professional corporation, will concentrate on SME Clients. Both Axiom Cognition and Caravel share the mission of providing innovative, cost effective legal services and technology-enabled solutions to their respective client bases.“At the same time we are equally proud to have served as a refreshing option for top quality legal talent to continue practising in their chosen profession on their own terms.”
London, UK–(BUSINESS WIRE) (January 5, 2016) – Axiom, a leading provider of technology-enabled legal services, today announced that Sara Morgan will assume the position of General Manager in London. In her new role, Morgan will spearhead Axiom’s further growth in the UK, where the firm helps clients develop innovative responses to the complex and rapidly evolving legal, regulatory and compliance landscape.
Award Recognizes Innovation in the Application of Technology and Data Analytics to Commercial Contracts