Osler

Osler, Hoskin & Harcourt LLP continues to cement its reputation as one of Canada’s most forward-looking law firms. At the centre of its innovation strategy is Natalie Munroe, Chief of Osler Works – Transactional & Legal Operations.

Munroe leads efforts to integrate artificial intelligence into legal workflows, while emphasizing responsible use and rigorous data security. Osler created a legal operations team in 2022, now driving transformation across practice areas. Generative AI has accelerated change, she noted, broadening its reach firm-wide. Training lawyers to pair legal knowledge with technical proficiency is critical as new roles emerge.

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Osler, Hoskin & Harcourt LLP is marking a decade of growth since opening its Vancouver office in 2015. From a small founding team, the firm now counts 130 professionals, including 65 lawyers, and has advised on landmark transactions such as Clio’s US$900-million Series F round and its US$1-billion acquisition of vLex.

Led locally by managing partner Mark Longo, Osler has become a fixture in B.C.’s innovation economy, working across the lifecycle of technology companies while supporting accelerators, cleantech ventures, and community programs. Industry leaders praised Osler’s role in scaling startups and strengthening British Columbia’s innovation ecosystem.

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Osler has released its Deal Points Report: Venture Capital Financings 2024, analyzing 160 preferred share financings totalling US$3.73 billion. Covering 646 deals since 2020, the report reveals early-stage rounds comprised 76.3% of 2024 financings but only 22.7% of invested dollars.

Series B deals rose, while Series C and later-stage rounds—just 12% of deals—accounted for 54.6% of capital due to mega-rounds. AI and IT companies represented 41.2% of deals and over a quarter of total capital. Ontario, B.C., and Québec dominated activity, while Alberta posted growth, capturing 12.5% of deals.

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