Legal tech · Industry brief

Valeo Legal Services Pricing Platform, now available through ResearchAndMarkets.com, provides real-time hourly rate data for over 2,900 law firms and 20,000 companies worldwide, sourced from court filings and regulatory disclosures. The platform offers attorney rate comparisons by firm, practice area, experience level, and location, along with Legal Project Management analytics and competitive intelligence on corporate legal spending. Valeo's data has been cited in over 200 federal and state court cases, positioning it as a market intelligence tool for law firms setting rates, corporate counsel optimizing legal budgets, and consulting firms providing advisory services on legal pricing.

Reed Smith Legal Solutions launched Aquarius, an automated legal services platform designed to help crypto-asset issuers comply with the EU's Markets in Crypto-Assets Regulation (MiCAR). The platform combines automated services including crypto-asset categorization, white paper generation, and ESG compliance with lawyer-led consultancy, featuring modular design and transparent pricing to make MiCAR compliance more cost-effective and accessible. Reed Smith plans to expand Aquarius logic to other jurisdictions including the UK, UAE, Hong Kong, and Singapore as they introduce their own regulatory requirements.