Bloomberg Industry Group today (9 April) announced that it has acquired Dashboard Legal, a New York-founded legal project management and collaboration startup.
The acquisition expands Bloomberg Law’s presence within the legal workflow market, which it entered last year with the introduction of Bloomberg Law Contract Solutions, its AI-powered solution for storing, searching, drafting, and negotiating contracts.
“The addition of Dashboard Legal’s powerful project management and collaboration software to our product lineup expands the breadth of our offerings, which enable attorneys to be more productive and efficient in conducting their most time-consuming everyday tasks,” said Joe Breda, president of Bloomberg Law. “This acquisition dovetails with our vision of building a suite of products that combine our subject-matter expertise with advanced technologies such as generative AI to support attorneys’ day-to-day workflow.”
Founded by attorneys, Dashboard Legal started out life as a platform that was intended to offer a viable alternative to email and generalist collaboration tools such as Slack, Teams and Asana.
While shifting lawyers away from email was, as others have found before, a leap too far, the checklist functionality was a succes, and last year the company introduced task management capability.
Mat Rotenberg, co-founder and CEO of Dashboard Legal, who is joining the Bloomberg Law leadership team to oversee workflow product strategy, said: “Along with my co-founder Fedor Garin, we have a tremendous opportunity to fuel the next generation of legal workflow solutions. We are eager to get to work and take advantage of this unprecedented moment in legal technology.”
Naveen Pai, chief knowledge officer at Gunderson Dettmer, said in a statement announcing the acquisition: “We turned to Dashboard Legal for a legal-specific project management tool to help our attorneys get better organized, collaborate on matters and get real-time visibility into who is doing what and where things stand. We deployed Dashboard Legal firmwide and the adoption and feedback from attorneys has exceeded our expectations. We’re looking forward to seeing how Bloomberg Law further enhances the platform’s already robust capabilities.”
See also:
US startup Dashboard Legal launches resource management tool for associates and partners