{"id":16277,"date":"2020-10-01T13:41:07","date_gmt":"2020-10-01T17:41:07","guid":{"rendered":"https:\/\/gutenberg-atl.staging.breakingmedia.com\/legal-innovation-center\/?p=16277"},"modified":"2020-10-01T13:41:07","modified_gmt":"2020-10-01T17:41:07","slug":"mitratech-acquires-acuity-elm-enhancing-its-legal-operations-solutions-portfolio","status":"publish","type":"post","link":"https:\/\/abovethelaw.com\/legal-innovation-center\/2020\/10\/01\/mitratech-acquires-acuity-elm-enhancing-its-legal-operations-solutions-portfolio\/","title":{"rendered":"Mitratech Acquires Acuity ELM, Enhancing its Legal Operations Solutions Portfolio"},"content":{"rendered":"

Austin, TX (September 29, 2020)<\/strong> \u2013 Mitratech, a leading global provider of legal and compliance software, today announced its acquisition of Acuity ELM, a provider of SaaS e-Billing, matter management, claims defense, and legal hold products to small and mid-size corporate legal teams.<\/p>\n

With this acquisition, Mitratech will now be able to offer a comprehensive and complementary range of ELM solutions to suit the needs of legal and claims departments of any size, including small and mid-sized ones. The ease of adoption and use of Acuity ELM\u2019s platform also complements Mitratech\u2019s existing offerings, as well as the user-centric culture of support and collaboration behind it.<\/p>\n

As Mike Williams, CEO of Mitratech explained, \u201dAcuity ELM\u2019s platform enables anyone from first-time adopters to longtime power users to take advantage of leading-edge features and best-in-class support.\u00a0 Its flexibility and scalability in meeting even a small legal or claims department\u2019s needs over time make it a perfect fit for our portfolio.\u201d<\/p>\n

Throughout 2020, Mitratech has been focused on enabling legal and compliance teams to leverage technology and enhanced processes to ensure business compatibility for their organizations. \u201cWe came to the realization,\u201d Mike Williams says, \u201cthat smaller departments that haven\u2019t 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.\u00a0 So we saw an incredible opportunity to help this underserved portion of the market, and Acuity ELM will help us do that.\u201d<\/p>\n

Mitratech already offers TeamConnect ELM, an industry-leading end-to-end platform whose customer base includes 30% of the Fortune 500.\u00a0\u00a0 As industry analyst IDC recently noted as it recognized Mitratech as a leader in the ELM market, \u201cMitratech continues to be recognized by its customers as a leader in enterprise legal management.\u201d<\/p>\n

Acuity ELM provides integrated matter management, outside counsel management, e-Billing, analytics and reporting, delivered as an adaptable, cloud-based platform. By balancing control, efficiency, cost-consciousness, functionality, and security, it offers a complete solution for small to mid-sized legal and claims departments, one that can scale to meet their demands as they grow or evolve.<\/p>\n

\u201cSmall and mid-size departments certainly can use end-to-end ELM solutions,\u201d Mike Williams says, \u201cbut they\u2019re also looking for product and providers who give them \u2018walk-to-run\u2019 support, who are able to help them grow, who can empower them at every stage of their legal tech\u00a0maturity process.\u201d<\/p>\n

Founded in 1996 as TrialNet and based in Richmond, VA, Acuity ELM has built a powerful reputation and track record:<\/p>\n