Mitratech announced Tuesday it acquired fellow enterprise legal management provider Acuity ELM, its fourth acquisition since the beginning of 2020. Financial details of the deal were not disclosed, but in a press release announcing the purchase, Mitratech CEO Mike Williams noted that the acquisition was motivated by the company’s desire to expand its reach to smaller legal department clients.
“We came to the realization that smaller departments that haven’t yet adopted technology to manage documents, control legal spend, process claims, and otherwise streamline operations have fallen further behind the rest of the industry on the legal technology maturity curve,” he said. “So we saw an incredible opportunity to help this underserved portion of the market, and Acuity ELM will help us do that.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]