Integreon announced its acquisition of Allegory, a litigation management software business founded by alt.legal Innovation Award winner Alma Asay, further upping its game in the space.
“Consolidation” is the watchword in the legal tech field, with eDiscovery vendors seeing a flurry of mergers and acquisitions over the past 18 months or so. Clients wanted big organizations capable of driving costs down and taking advantage of economies of scale when it comes to data security. It’s no surprise that this has spread beyond eDiscovery proper and into the workflow solutions that lawyers increasingly rely upon to manage cases swiftly and efficiently for their clients.
And Allegory is well known for providing clients with the access they crave in keeping a litigation on track. As Integreon CEO Bob Rowe explains:
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For litigators and in-house counsel, Allegory’s technology offers a greater level of transparency and efficiency, providing real-time access to all litigation information in context. “That context is critical,” Rowe explained. “It’s abundantly clear that in-house counsel want more control than ever before. This collaborative environment puts everything in front of you at once – giving our clients a deep edge over the opposing side in complex litigation matters.”
With this deal, Integreon not only grabs Allegory’s technology, but also brings along its entire team, including Asay who joins Integreon as Chief Innovation Officer, Legal Solutions.
As 2017 draws to a close and we make predictions about the legal tech market in 2018, I think it’s safe to say that “consolidation” will remain at the top of everyone’s mind.
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Joe Patrice is an editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news.