SimpleLegal, a modern legal operations platform offering spend management and matter management, today announced it has been named a Major Player in two IDC MarketScape Reports: IDC MarketScape: Worldwide Enterprise Legal Spend Management 2020 Vendor Assessment (Doc #US45943920, July 2020) and IDC MarketScape: Worldwide Enterprise Matter Management 2020 Vendor Assessment (Doc #US45943820, July 2020).
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“Since our founding in 2013, we remain keenly invested in helping our customers find success. We partner with them to ensure they reach their goals as a corporate legal department and an overall business. This fundamental approach, coupled with our modern and intuitive interface, has grown SimpleLegal into a company that processes $1.8 billion and manages more than 400,000 matters each year,” said Nathan Wenzel, founder of SimpleLegal. “We’re honored to be named a major player in matter management and legal spend management.”
SimpleLegal is a leading enterprise software to manage all legal operations, matters, spend, vendors, reporting, documents and more. Its legal matter management solution serves as the ultimate system of record for corporate legal departments. It unites all associated matter details and data into one modern system, providing a complete view of all matters, driving efficiencies and ensuring that legal work aligns with strategic objectives. The company’s e-Billing and spend management solution allows legal operations professionals to predict costs, allocate resources and select partners to reach business goals. It offers end-to-end control of managing invoices, budgets, accruals and more.
The announcement caps a busy year for SimpleLegal. The company recently kicked off an initiative to help corporate legal departments make critical adjustments to their legal spend during these challenging times. Experts at SimpleLegal partnered with legal operations professionals to analyze thousands of bills and processes, resulting in a cumulative estimated cost savings of $82 million for SimpleLegal customers. Additionally, a recent CLOC survey found that SimpleLegal was one of the most prevalently used e-Billing technologies for corporate legal departments. The company also announced that it doubled its revenue and landed 81 new customers in 2019.
