We are excited to announce that Nik Reed has been appointed Knowable’s Chief Executive Officer, effective November 1, 2024. Nik, who previously served as Senior Vice President of Product and R&D, succeeds Mark Harris, who will assume the role of Chairman.
From SVP to CEO
Nik co-founded Ravel Law, where he played a pivotal role in developing the legal industry’s first case law language analytics tool that used machine learning to sift through millions of legal documents to surface insights into judges, cases, and attorneys. After Ravel was acquired by LexisNexis in 2017 and rebranded as Context, he successfully led the integration into the LexisNexis analytics portfolio. His journey continued at Knowable in 2019 where he has spearheaded product strategy and R&D and maintained a close partnership with the LexisNexis technology teams who recently launched Lexis +AI and Protégé, a new personalized Legal AI Assistant.
“Nik’s vision and deep expertise in legal technology, and tailoring language-based AI to legal use cases make him the ideal leader to guide Knowable into its next chapter of innovation and growth,” said Chairmen Mark Harris. “His background at legal analytics powerhouse Ravel Law and experience building our product over the last five years into a trusted platform our clients are thrilled to use, uniquely positions him to capitalize on the tremendous opportunities ahead as legal tech continues to rapidly evolve.”
The Path Forward
Knowable entered a joint venture with LexisNexis after spinning off from Axiom Global in 2019 and has since established itself as one of the premier providers of enterprise contract intelligence solutions for post-signature contracts. The company’s proprietary approach combines advanced machine learning with human legal expertise to convert unstructured contract data into accurate and actionable insights, providing revolutionary visibility into risks, obligations, and revenue opportunities.
“Legal technology is at an inflection point, with generative AI and Large Language Models rapidly transforming how legal professionals work,” said Reed. “I was front row when AI first transformed the legal industry with data analytics, and here we are, 10 years later, with even more potential for change. Knowable is uniquely positioned with our industry-leading data accuracy, amazing team, and dedication to the essentials of contract management to thrive in this new wave of innovation. I am honored and excited to lead Knowable as we help organizations unlock greater value from the contracts that govern their businesses.”
This next phase for Knowable promises to change the way executed agreements are managed by providing contracts professional with answers as quickly as they’re being asked. Stay in the loop! Subscribe to our newsletter and be the first to hear about what’s coming next.
Get Our Newsletter
Subscribe to our newsletter for the latest news and updates from Knowable.