Top 20 Legal Technology Companies - 2017
Legal technology innovation is now a reality! In the recent past, law firms and professionals have been extensively utilizing the industry technologies, like cloud, mobility, and virtual assistants, and machine learning to specifically drive e-discovery, legal process outsourcing, billing, court presentation, and case management. Moreover, the AI-driven revolution in the legal services industry is predicting a radical disruption in the era of ‘robo-lawyers’.
The legal industry operates with extreme precision and high level of professionalism as it involves working under time-managed workflows. A horde of experts are working at the crossroads of technology and law to facilitate the move towards automation and legal efficiency by transforming the legal workflow into smartly organized digital information. Since there is an ongoing fundamental shift in the client’s expectation, law firms focus on technology-enabled CRM strategies to organize and manage all facets of law practice to bring in more profit, while streamlining operations.
In an effort to help law firms with the transition to a more dynamic and technologically-evolved ecosystem, a panel of prominent CEOs, CIOs, VCs, analysts, along with the CIO Review’s editorial board reviewed scores of Legal Technology Solution Providers and chose the top 20 companies.
In our selection process, we looked at the vendors’ capability in designing solutions that can effectively manage legal data, bringing in an efficient and productive process chain, and at the same time deliver consistent insights to enhance business value.
We present to you the 20 Most Promising Legal Technology Solution Providers 2017.
|Aderant||Provides comprehensive business management software for law and other professional services firms|
|American LegalNet||Provider of risk management workflow solutions for law firms|
|BEC Legal Systems||Offers Docketing, Word Automation, Document Assembly, and Matter Management|
|Capital Novus||Provides innovative, high quality technology solutions to the legal,corporate, and government communities|
|CSC||Simplifies billing and expense tracking, monitor outside counsel performance, and promote best practices in managing legal matters|
|FRONTEO USA||Provider of global eDiscovery, managed review solutions and big data analytic services driven by AI|
|IPfolio||Next-generation, IP Management software that helps companies inventing the future protect their discoverie|
|LDiscovery||Provides a full range of e-Discovery services to law firms, corporations and Government Agencies|
|Legal Files Software||Developer of case and matter management software applications for the legal industry|
|Legal Suite||Provides ELM solutions to proactively reduce financial and legal risk, maintain compliance standards and meet a rising tide of regulatory agency demands|
|LexisNexis||Develping legal research and content-enabled workflow solutions|
|Logikcull||Provides legal professionals an easy to use and powerful document discovery platform that they can access from anywhere|
|Mitratech||Offers ELM solutions integrated with integrated matter management, e-Billing, legal hold, contracts management, entity management and compliance solutions|
|Morae Legal||An end-to-end legal consulting and solutions provider, focused on helping law departments enhance performance with measureable results and reduced costs|
|MyCase||Provider of case management software that helps modern law firms manage cases, track time, automate billing, and communicate efficiently with clients|
|Nextpoint||Nextpoint provides powerful, on-demand evidence management—from collection, through discovery, and into trial with just one login|
|QDiscovery||Delivers eDiscovery and digital forensic services and solutions|
|Rocket Matter||Rocket Matter provides web-based legal practice management and time and billing solution for small to mid-sized law firms|
|RVM Enterprises||Offers eDiscovery solution for filtering relevant documents by robust data analytics|
|SmartAdvocate||Provides a fully integrated case management system designed for personal injury, mass tort and other litigation practices|