Legal technology companies are expanding their products and buying vendors with niche market expertise as they aim to become sole sources of cutting-edge tools for law firms and legal departments.
Legal operations management platform SimpleLegal is Onit's first acquisition and will become a stand-alone subsidiary of the Houston-based enterprise workflow company.
Onit, Inc., a Houston, TX-based provider of enterprise workflow solutions including enterprise legal management, contract management and business process automation, acquired SimpleLegal, a Mountain View, California-based provider of legal spend, matter and vendor management software.
Private equity driven deals continue to dominate the legal sector news as, following a $200m strategic investment by K1 Investment Management in January, Onit yesterday (13 May) announced that it has acquired SimpleLegal.
Legal industry thought leaders join forces to deliver most comprehensive product offering in the Enterprise Legal Management space.
Four months after receiving a $200 million strategic investment, Onit, a Houston company that provides enterprise workflow products for large corporations and legal departments, is putting that money to good use — acquiring SimpleLegal.
SimpleLegal, the spend management pioneer, which Artificial Lawyer only recently profiled, has been bought by Onit, the massive process automation and legal data management company, in further signs of consolidation in the legal tech market.
The acquisition comes after the Houston company received a $200 million private equity investment in January.
SimpleLegal announces a new feature that allows customers to collect feedback from in-house attorneys on their experience working with a particular law firm or vendor.
LyondellBasell (NYSE:LYB), one of the largest plastics, chemicals and refining companies in the world, selected SimpleLegal's platform to power their global legal department.
SimpleLegal announces Budget Request – a feature designed to streamline the process for managing matter-level budgets and provide in-house counsel with a more structured way to administer budgets and collaborate with vendors.
In a panel discussion held at the SimpleLegal headquarters in Mountain View, CA, local Silicon Valley legal ops leaders said professionals who can combine operational and tech savvy are in high demand.
SimpleLegal CEO, Nathan Wenzel, was featured on "The Recorder" and shares how in-house legal teams are increasingly using data analytics for a variety of tasks. He discusses how analytics will play a crucial role in the future of the services and how legal teams can emerge as a more quantitative department.
SimpleLegal CEO, Nathan Wenzel, speaks with the Legal Corner of Entrepreneur Podcast about why SimpleLegal is the leading legal operations management platform.
SimpleLegal, a modern legal operations platform offering e-Billing and spend management, matter management and analytics software, today announced its latest product capability: Intelligent Invoice Workflow. The new feature provides legal operations teams, in-house attorneys and finance departments the ability to create programmatic and configurable rules to better enforce billing guidelines, alternative fee arrangements (AFAs), discounts and more.
Richard Tromans, Founder of the Artificial Lawyer, interviews SimpleLegal CEO, Nathan Wenzel, discussing all things legal technology and the need for a more data-driven and quantitative legal department to drive cost savings.
In this interview, SimpleLegal CEO, Nathan Wenzel, discusses the changing role of GCs. He also outlines the importance of legal operations, a growing function within modern legal departments, and shares how legal teams can best leverage technology to amplify their work.
In this podcast, Nathan Wenzel and Ian Connett discuss the origins of SimpleLegal, why legal is one of the last "black holes," and how Nathan's business background helps him to find unique legal tech improvements.
SimpleLegal announces the launch of Legal Requests, a new offering that helps organizations and in-house legal teams understand the "why" behind their legal spend and improves communication throughout all departments around legal needs.
Shining a spotlight on legal technology providers and their impact on the industry, CIOReview named SimpleLegal one of the “Top 20 Most Promising Legal Technology Providers”.
In Evolve Law's 100th podcast episode, host Mary Jutten interviews SimpleLegal CEO, Nathan Wenzel, to learn more about SimpleLegal's legal operations software and how it helps data-driven legal departments make informed decisions, streamline processes, and uncover valuable insights for improved legal spend management.
CEO Nathan Wenzel is featured on the "5 Things I Wish Someone Told Me" series, created by Yitzi Weiner. He shares his personal backstory, who he admires most and why, and more.
CEO Nathan Wenzel is featured on the "The Recorder" and leverages his experiencing working with legal departments of all sizes to provide his list of top tools every legal department needs to streamline legal operations, drive efficiencies, and reduce costs.
Evolve Law was back in Silicon Valley for another great tech event, this one focused on the "Tech Savvy In-House Counsel." The event kicked off with a Darwin Talk from Tina Fan of SimpleLegal who presented on "Best Practices for Implementing Legal Operations Software" and was followed by a panel discussing the role of general counsel and the legal operations department in the current environment, how it could improve, and where it's headed in the future.
Join our CEO, Nathan Wenzel, on the Data Driven Discussions podcast with host and Outlier CEO, Sean Byrnes, to learn about the recent (and tremendous) growth of the legal operations function, the need for legal to shift from the traditional qualitative mindset to a more quantitative approach, and how data is changing the way companies run their corporate legal departments.
SimpleLegal CEO, Nathan Wenzel, joins host, Harry Stebbings, on The Twenty Minute VC to talk about SimpleLegal’s journey from the very beginning as a services-based consulting company, to our Y Combinator experience, and finally, getting three term sheets in 36 hours.
Zach Abramowitz, CEO and co-founder of ReplyAll.me, spoke with SimpleLegal CEO Nathan Wenzel on the recent Series A funding led by Emergence Capital, what the company plans to do with the funds, the growth of legal ops, and more.
Evolve Law Now Podcast host, Mary Juetten, sits down to talk to Nathan Wenzel, CEO and Co-Founder of SimpleLegal, about his product, his team's background, and the feedback he has been receiving from his customers. Tune in to find out more about the technological innovations happening in the legal field now!
IPfolio Corporation, a leading provider of cloud-based Intellectual Property Management Software, and SimpleLegal, a leading provider of modern legal operations software for in-house legal departments, integrate their offerings to improve process efficiency for corporate Legal and IP groups.
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