Announcing the launch of new US law company, ConRadPosted on Jul 17, 2018
NewLaw pioneer Radiant Law has launched ConRad (www.conradcontracts.com), a joint venture with Conduit Law, nine months after Conduit outlined plans to “move in an agile and responsive way to deal with immediate client issues,” and with its sights set on expansion into the US market.
“In-house counsel across North America are facing a complex set of challenges which is ultimately driving demand for more flexible and value-driven legal support,” said Conduit founder Peter Carayiannis. “I hear every day from local, national and international organisations who want to join the conversation about new approaches to taming contracts and increasing their capacity to focus on business priorities. The opportunity to work with Radiant Law immediately enhances our ability to explore a new model for meeting their needs and to serve these clients. In addition to helping clients, it has been terrific to work with a like-minded team of professionals in the London and Cape Town offices of Radiant.”
Based in Toronto, Canada’s business and financial capital, Conduit Law has been delivering innovative on-demand legal services since its inception in 2012. Radiant Law, based in London and Cape Town, works with some of the world’s best-known corporations and banks to help them achieve greater value through their commercial contracts.
Alex Hamilton, founder and CEO of Radiant Law: “We know in-house counsel are under increasing pressure not only to do more for less, but do better for less, and demonstrate how legal is delivering business value. Meanwhile the legal services ecosystem is diversifying at an exponential rate. We couldn’t be more excited to be working with Conduit Law to develop solutions for the North America market and for European clients with overseas operations.
“We’re already jointly delivering a support programme for a global financial services giant where Conduit is enabling us to provide 24-hour coverage. I believe the combination of Conduit’s top-quality team located in the North American time zones with Radiant’s proven technology and service approach will offer something really compelling to legal teams looking to speed up their contracting and deliver the best outcomes to their business.”
Conduit Law and Radiant Law have created a jointly-owned US entity called ConRad that is not a law firm and will be supervised by clients’ legal teams as part of this joint venture.