LegalEase Solutions, a company that provides customized legal solutions for corporations, in-house legal departments and law firms, has acquired the contract lifecycle management (CLM) consulting firm CLM Gurus, along with key executives and staff.
LegalEase says that the acquisition adds senior talent and experience for its end-to-end CLM implementation offerings, which encompass selection, requirement scoping, migration, abstraction, technology integration and change management.
CLM Gurus co-founder and CEO Jim O’Hare will serve as vice president, CLM Services, and will lead the vertical for LegalEase. Rita Zandbergs and Spencer Essey both join as directors.
“Successful and cost-effective CLM implementation requires a holistic and strategic approach at every stage to get it right, which is missing with many deployments right now,” said LegalEase CEO and co-founder Tariq Akbar.
“With Jim O’Hare and his team joining LegalEase, we have added some of the best CLM talent out there to bolster every aspect of our services for enterprise clients. It has also significantly enhanced our onshore U.S. delivery team, complementing our substantial offshore delivery capability.”
“We’re excited to join LegalEase, a legal tech pioneer for 17 years with a well-deserved reputation for guiding prominent in-house legal departments through all phases of legal transformation,” said O’Hare. “This is an exciting time for CLM, and working within LegalEase will ensure we can address a substantial need in a massively growing market.”
Tariq Hafeez, LegalEase president and cofounder, said it is critical for a CLM provider to be able to identify the right internal and external teams, blend strategic direction around selection of the right platform, and deploy the right technical and change management skills.
“There is an art to ensuring the CLM solution addresses a company’s needs and continues to evolve with the business,” Hafeez said. “With Jim and his team onboard, we have built a dominant offering for the CLM market.”