PERSUIT, a technology company that specializes in outside counsel management for corporate legal departments, has acquired Apperio, a spend-management platform for corporate legal.
The news comes as the CLOC Global Legal Institute, a conference devoted to legal operations professionals in corporate legal, kicks off today in Las Vegas.
“This strategic acquisition reinforces…
The London-based company Apperio, which provides legal spend analytics and matter tracking software, said today it has raised a $7 million growth round of venture capital funding. It will use the funding to further develop its product for corporate counsel, meet growing demand from law firms for new functionality, and accelerate its expansion to…
The legal technology company Apperio is today unveiling enhancements to its legal spend management software for corporate legal departments that include options for individuals within a department – including allied professionals and finance staff – to personalize and customize their view of company legal spend data.
It is also introducing another new feature, Matter…
The billable hour has been unfairly painted as the villain of law firm pricing, when in fact opacity is the issue
Guest Post By Nicholas d’Adhemar, Founder and CEO, Apperio
A while back I had a contractor out to my home to quote some remodeling work. The job seemed straightforward, and the contractor gave…
Does the billable hour get a bum rap? Nicholas d’Adhemar, founder and CEO of the London-based spend management company Apperio, believes so. The real culprit for out-of-control legal costs is something else altogether, he believes. By identifying it, d’Adhemar says, both clients…
Earlier in 2021, Apperio released a report on the findings from our survey of 160 in-house lawyers in private equity: Responsibility without control? Legal spend challenges facing private equity leaders in 2021.
Following the positive press reaction to this report, I was consistently asked whether the findings were also relevant to in-house legal teams…
In July, I reported here on a survey of private equity firms in the U.S. and U.K. that found that a softening market for M&As and fundraising, exacerbated by the COVID-19 pandemic, was causing them to scrutinize their external legal spend more carefully than ever before.
Now, the sponsor of that survey, the spend…
A survey of private equity firms in the U.S. and U.K. finds that a softening market for M&As and fundraising, exacerbated by the COVID-19 pandemic, is causing them to scrutinize their external legal spend more carefully than ever before.
But even as this occurs, many of these firms still lack legal spend management technology and…
The U.K. legal technology company Apperio, whose platform provides corporate legal departments with greater transparency into their legal spend through automated tracking, management and analysis, says it is “vigorously” expanding its sales operation into the United States.
The company says it is targeting sales to legal departments within corporations that have legal spend of…
Here are 21 additions to my list of legal startups. This brings the list to 668 entries. Send additions and updates to ambrogi-at-gmail.com. To read more about this list and why I created it, see this post.…
Robert Ambrogi Blog
