09:34, March 20 354 0

2018-03-20 09:34:07
Fieldfisher agrees Integreon deal in latest development for its low-cost arm

Fieldfisher’s alternative legal solutions arm Condor is partnering with Integreon in the fourth partnership announced by the firm since it launched over a year ago.

The tie-up means Fieldfisher will be able to use Integreon’s services in documentation review, as well as solutions offered in response to GDPR, Brexit and anti-money laundering regulations.

The partnership brings Condor’s collaborations up to four: the Integreon union was preceded by unions with eClerx in January 2017, Cognia Law in October 2017 and Donaldson Legal Consulting in November 2017.

Condor counts former Ashurst partner Chris Georgiou as its CEO. Georgiou launched Condor in January 2017 with the brain power of derivatives partner Luke Whitmore.

Speaking to The Lawyer, Georgiou said: “The idea was to form a new wing of the firm that would deliver legal work in a different way, which has more efficient resourcing options using lawyers and non-lawyers in cheaper locations.”

“The most important part of this partnership is the additional scaleability that it gives us. With larger projects, it is difficult to predict how much work there will be and how many people you need on it.

“If you’re looking at Brexit for instance and you’re doing a project that lasts a year with all the peaks and troughs, clients need the confidence you can handle that.”

The new partnership is intended to capitalise on Integreon’s delivery centres across four continents that benefit from multilingual and around-the-clock capabilities in locations such as South Africa, India and Northern Ireland.

Condor primarily focuses on commercial contract negotiation, documentation project delivery and technology driven data analytics with an AI capacity. However, it has not yet partnered with a business that specifically focuses on AI solutions.

Georgiou said: “Some firms build their own independent capabilities and I think we’re quite cautious about that. These products are continuing evolving, and what’s best for a particular process or type of work is changing constantly. We want to make sure that at any particular time we’re looking at the right technology for a task.”

Last November, Fieldfisher announced its half-year results for 2017/18, revealing a 20 per cent turnover rise from £64.1m to £76.7m in a continuation of its strong run of financial performances.