Morae Global Corporation and Apperio, a legal spend analytics and matter tracking platform, announce a strategic partnership to help corporate legal teams improve their relationships with external providers and reduce their external legal spend. The addition of Apperio fulfils a complementary role – enhancing the transparency of legal costs – within Morae’s curated roster of solution partners which can be used collectively or individually based on client needs.
During a time of economic uncertainty, Morae is working with clients to improve the predictability of legal spend and transform the way in which both technology and managed services are adopted for the future.
“Morae combines the data from Apperio with an expert layer of market knowledge and intelligence to arm corporate legal departments with insights into their external relationships. This includes identifying trends and opportunities for process and profitability improvements,” said Justin North, Managing Director at Morae. “Our clients deserve proven tools that build trustworthy, sustainable relationships with their external providers, including enhanced efficiency and reduced legal spend. Apperio provides a core component for a modern approach to in-house technology.”
Nicholas d’Adhemar, CEO and Founder at Apperio, added: “Our mission at Apperio is to free both general counsel and their law firms from the grind so they can focus on their goals: building strong relationships, developing trust and driving returns. We’re thrilled to be in partnership with Morae to help clients unlock new saving levers and spark behavior change.”
Apperio connects directly to law firm systems to provide a live view of all matters, including unbilled work-in-progress and invoiced matters. Apperio’s technology provides legal department clients with instant visibility of historic legal spend and the unique ability to see data on any unbilled work.
“The ability for clients to directly observe fee-earner behavior is game changing. There are mutual benefits for both law firms and clients, including building transparency, promoting seamless collaboration, reducing billing frustration and increasing cash flow predictability. This is exactly the type of behavior and efficiency we aspire for our clients to achieve,” said Mathew Crocker, Chief Strategy Officer at Morae.
For more information about how Morae and Apperio are working together to transform legal, please contact Justin North ([email protected]).