Just back from Legal Tech where I found a new ELM system, LeGuard, that allows clients access to outside counsel WIP in order to manage matters and spend. To my knowledge this is the second system of this type now available. Is legal ebilling evolving in this direction?
LEDES Oversight Committee Membership Structure Change
The membership of the LEDES Oversight Committee has approved changing from membership by organization to individual membership. The change will facilitate the creation of additional functionality to administer and serve the membership, and allow membership to follow individual members as they move to new employers.
Seasons Greetings 2015
M&A UTBMS Codes Open for Public Comment
The LEDES Oversight Committee has released draft UTBMS codes for Mergers & Transactions. You can view the codes and provide feedback through this page until January 8, 2016.
Mitratech Acquired by TA Associates
We’ve done so much reporting of late on Mitratech acquisitions. In an unusual turn of events, we can report that (this time!) Mitratech has been acquired by TA Associates from Vista Equity Partners.
You have to wonder how the staff at Mitratech are keeping up with it all!
Seriously though, with their portfolio of excellent ELM solutions — TeamConnect, Collaborati, eCounsel, LawManager, CaseTrack, LawTrac, Secretariat and GettingContractsDone — Mitratech is a formidable force in the space. We believe this acquisition means good things for the future of MItratech and congratulate TA on their new acquisition.
Governance Risk & Compliance UTBMS Codes Ratified
The LEDES Board has ratified the GRC UTBMS Code set developed more than a year ago. The new codes are available here on UTBMS.com.
Mitratech (Also) Acquires CaseTrack
CaseTrack, by Economic Analysis Group, has been acquired by Mitratech.
This acquisition, the latest in a dizzying 2015 acquisition schedule by Mitratech, brings yet another ELM product within the Mitratech ELM system portfolio.
Back on the Board!
I am happy to announce that I have been reelected to the LEDES Oversight Committee Board of Directors and will be filling the position of Vice President.
Major Award for GettingContractsDone
GettingContractsDone (“GCD”) has been named a PC Magazine Editor’s Choice solution for 2015. Legal solutions seldom receive this kind of attention from the tech mags, so this is a huge deal.
GCD is among the Bridgeway portfolio suite of products acquired earlier this summer by Mitratech.
My congratulations on this important award go out to Cathi Collins, the current LEDES Oversight Committee President, who was the driving force behind the conception and development of the product, and who has been primarily responsible for its sales and support.
Bridgeway Acquired
Mitratech announced today that it has acquired Bridgeway Software, who provides LawManager, eCounsel, Corridor, Secretariat and Getting Contracts Done (among other systems).
This acquisition expands Mitratech’s suite of top-line ELM products, which already includes TeamConnect, Collaborati and Lawtrac.
We are anxious to see how this acquisition proceeds. It was reassuring to learn that Mitratech has a plan for the different products in their portfolio.