Eversheds Sutherland is planning its own tech-driven alternative business structure with ambitions to turn it into a £100m outfit. Konexo will offer legal managed services, corporate secretarial services and assistance with financial services compliance to global clients. It will also help with legal resourcing. An application to secure an ABS licence is set to be made later this year.

Partner Graham Richardson, head of Konexo, said:

“Intelligent analytics, automation technology and innovative operational processes are at the heart of what we do and this will play a critical role in driving Konexo’s future success.”

The Law Society Gazette    Global Legal Post

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