Axiom Managed Solutions, one of two businesses spun off from alternative legal services provider Axiom in 2019, is rebranding as Factor and intends to double in size with a renewed financial commitment from its initial investors.

Chris DeConti, head of strategy for the company, said that after a decade in business, the company understood it occupied a unique role in the New Law ecosystem, with a focus on relatively complex work such as contract negotiations rather than commoditized work like e-discovery.