Aderant today (8 February) announces a strategic partnership with London-based legal spend analytics and matter management provider, Apperio. The two companies plan to deliver a solution that law firms can leverage to increase visibility into work-in-progress (WIP) and therefore strengthen the overall client relationship.
The Apperio platform originated from a need for in-house legal teams to have greater visibility into total legal spend across matters and build trust with outside counsel. Apperio quickly realised the benefits their solution would offer law firms: enhancing the firm-client relationship by giving clients real time insights into billing status and faster returns on payment. Apperio gives a law firm’s clients a live look into the progress of their matters and has helped firms on the platform realise a 20-30% reduction in time to WIP-to-cash.
Apperio’s founder and CEO, Nicholas “Nino” d’Adhemar said: “Aderant is a leader in legal technology the world over. Their team has extensive experience implementing best-in-class technology in law firms and is well positioned to help those service providers looking for an edge in client service that a legal analytics and matter management platform delivers.”
The Apperio partnership gives Aderant the opportunity to offer law firms an additional solution to support the work they do for key clients, positioning them as preferred advisors. “Nino and his team at Apperio have worked hard to create something unique, and I’m excited for law firms to discover the benefit it can offer – for both client satisfaction and firm realization,” said Aderant’s president and CEO Chris Cartrett. “The platform has already proven successful within inside counsel offices, but we’ve observed leading law firms beginning to become more transparent as a way to differentiate themselves, build greater trust, and win a larger share of work. It has also significantly improved billing and collections. This pairing perfectly dovetails with Aderant’s mission of helping law firms run a better business.”