Thomson Reuters sponsoring MaRS LegalX cluster

legalx

LegalX, the legal tech cluster at MaRS, announced a collaborative agreement with Thomson Reuters meant to further bridge the gap between startups, legal practitioners, and the business community.

Through the partnership, Thomson Reuters will sponsor the legal cluster; Thomson Reuters’ The Legal Executive Institute and its other businesses will facilitate events and other initiatives which LegalX communities with law firm leaders.

“We want to accelerate the dialogue between lawyers, technologists, designers, engineers, and entrepreneurs to drive change,” said Neil Sternthal, managing director for Canada, Australia and New
Zealand, for the legal business of Thomson Reuters.

“The LegalX Cluster uniquely connects these groups. We envision that this collaboration will help industry, startups, lawyers, government, and academia exchange knowledge, ideas, and resources to jointly develop the future of the legal industry.”

The move is part of a growing trend at Thomson Reuters to work with startup communities. Last month, the organization announced that the establishment of Thomson Reuters Labs in Communitech, a new data innovation space.

“We are thrilled to work with our friends at Thomson Reuters, and to have LegalX and the new Thomson Reuters data lab at Communitech engage for the benefit of our startups and the industry.” said Aron Solomon, head of LegalX at MaRS.

Salim Teja, executive vice president of Venture Services, added that partnerships are key to helping startups working in LegalX reach their full potential. With 53,000 employees across the world and sales of $12.1 billion, Thomson Reuters is well-positioned to bring a global perspective to startups working in the legal cluster. “The MaRS community is dedicated to helping entrepreneurs bring breakthrough ideas to market, build innovative companies and scale globally,” said Salim Teja, executive vice president of venture services at MaRS Discovery District.