![]() ![]() Reardon will remain involved in ASG LegalTech as an active board lead, the company said. Steve Reardon, who was formerly CEO of Bill4Time and also for one of the marketing technology businesses,, was named to lead ASG MarTech. Now, Bill4Time is trusted by both small and large. Last week, ASG announced a similar move in a different vertical, when it acquired six marketing technology businesses and merged them into a single company, ASG MarTech. Founded in 2006, Bill4Time’s cloud-based legal practice management software was created with the guidance of law and consulting firms. ASG is backed by the private equity firm Alpine Investors. The parent company ASG specializes in buying, building and operating software-as-a-service companies across a variety of verticals. While PracticePanther markets primarily to law firms, Bill4Time also markets to professional services firms in other verticals, including accountants, architects and consultants.īoth products have customers ranging from solo to medium-sized firms and even a few larger firms, Nettimi said. Bill4Time, founded in 2006, started with a focus on time and billing, but has expanded into analytics and practice management. Attorneys from small to medium law firms and area of practices will enjoy TimeSolv Legals robust features while performing the critical client billing. PracticePanther, founded in 2012, provides an all-in-one CRM and practice management platform for law firms. Our contact management system gives you the information you want when you want it, in one centralized location. ![]() “From a customer perspective, we have two outstanding products and will keep investing in both of them,” she said. With Bill4Time's legal practice management software, you can better track and manage the client relationship to provide better service, optimize performance and increase efficiencies. Both are strong products with different capabilities and different customer bases, she said. The company has no plans to merge the two products into one, Nettimi told me. “We are looking at the categories where we can help lawyers spend less time managing and get back to practicing law,” she said. Nettimi declined to identify specific products, but said that they are studying the market to determine where the unmet needs are the greatest. In addition to supporting the two existing products, the new company will explore development and acquisition of other products to serve the legal market. “We’re really excited that we have two really strong products and two teams with really different experiences and successes to bring to the table,” Nettimi said. The new company will continue to support both PracticePanther’s Miami office and Bill4Time’s Bellevue, Wash., office, with Nettimi dividing her time between the two. The two products will remain independent brands, Nettimi told me yesterday, while their teams will be brought together in ways that will allow them to share their respective resources, experience and best practices in order to strengthen the collective whole. Kristin O’Neill, who has been director of customer success at Bill4Time for 10 years, will move into that role for ASG LegalTech. Soumya Nettimi, who was named CEO of PracticePanther last October, will now become CEO of ASG LegalTech. Simple Total Attorneys Direct Law Complex Basecamp Onit Zoho Timekeeping Sage Timeslips LexisNexis Bill4Time CosmoLex eBillity. Now, ASG is merging the two companies to create a unified legal technology business, ASG LegalTech. ![]() ![]() See 1000+ open positions on legal.io.jobs or click here to post a job.Over the past two years, the company Alpine SG (ASG) has acquired two legal technology companies, the practice-management platform PracticePanther in 2018 (which I covered here) and the time, billing and practice-management platform Bill4Time in 2017. We curate the best in-house jobs so you don't have to. In-house? Join the conversation on Fishbowl (anonymous). Thomson Reuters Launches $100M VC Fund - the company announced this week it has launched a $100M venture capital fund to invest in early stage companies that serve professional audiences in legal, tax and accounting, and news media business verticals. More here.įrancisco Partners Acquires Paradigm - The investment firm (specializing in tech) has acquired Paradigm, the parent company of PracticePanther, Bill4Time, MerusCase and Headnote. Kirkland & Ellis announced a November 8 office return for its staff. In recent days, more than half a dozen Big-law firms settled on November return-to-office plans. Nearly half of responding organizations (45%) say they always now consider using alternative legal service providers and legal managed services, up 12% from 2020, suggesting a shift in the competitive landscape. All Features of Legal Pro Advanced Data Import Custom LEDES Export Customizable Data Fields Custom Invoice Templates Custom Reports Dedicated Account. Deloitte released its 2021 State of Legal Operations Survey. ![]()
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