Yerra Solutions AG, a global Legal and IP consultancy providing consulting, managed services and technology solutions to Global Fortune 500 clients, has announced that it has acquired Lex Connect, an online resource designed to help legal and IP departments gain knowledge about operational best practises and identify the most suitable solutions to solve their challenges. The terms of the deal are undisclosed. Lex Connect founder, Jerome Raguin, has joined Yerra Solutions as the global chief operating officer effective 25 January 2016.
Lex Connect is widely used by in-house leaders in Europe and beyond to better understand the vendor and solution landscape available to them. The site includes a matrix of information about technology and services important to managing a legal and IP department, including those for Enterprise Legal Management, Matter Management, eBilling, eDiscovery, Digital Forensics and others. Lex Connect also provides education through partnerships with associations and media outlets, such as the Association of Corporate Counsel (ACC) whose members regularly receive curated reading lists generated by the site.
“The addition of Lex Connect’s knowledge centre, and Jerome’s expertise, is perfectly in line with the Yerra mission of educating our clients and the in-house community to help legal leaders make the best decisions possible for their legal operations,” states Rajitha Boer, president & CEO of Yerra Solutions AG.
Mr. Raguin will be responsible for managing the operations of Yerra solutions across all of its offices in Europe and Asia and will help to oversee a planned expansion to the United States in 2016. He will also continue to provide to clients and prospective clients the market expertise that led him to start Lex Connect.