Orrick’s first legal tech spinoff acquired by Brightflag

Signage is seen outside of the Orrick, Herrington & Sutcliffe, LLP law firm in Washington, DC, the United States, August 30, 2020. REUTERS / Andrew Kelly

  • Joiner started as a tool developed in-house at Orrick
  • Joiner and Acquirer Brightflag both market legal tech to legal departments

The company and office names listed above are automatically generated from the text of the article. We are improving this feature as we continue to test and develop the beta version. We appreciate your feedback, which you can submit using the feedback tab on the right side of the page.

(Reuters) – The first company to emerge from Orrick, Herrington & Sutcliffe’s in-house technology lab has been acquired by Brightflag, a legal expense management startup, the company said on Wednesday.

The purchase marks a milestone for Orrick and the spinout Joinder as well as the first acquisition for Brightflag, which was founded in Dublin, Ireland.

Joinder was co-founded by former Orrick partner Don Keller, who also served as the company’s CEO.

The software platform began as an internal system developed by Orrick Labs, a team of technologists, for some of the company’s customers. Joinder then spun off as a standalone company aiming to support corporate legal departments with activities such as task and document management.

Joinder’s product will be integrated into Brightflag’s. Brightflag also markets its platform to in-house lawyers, including matter management and legal expense management tools.

The company said it has raised a total of $ 39.1 million from investors since it was founded in 2014. The financial terms of the Joiner acquisition were not disclosed on Wednesday.

According to the company, Brightflag’s customers include the Syngenta Group, SAP and MongoDB Inc.

Some large law firms have developed third-party legal technology tools, but many keep these products for internal client use only.

Joinder became independent from Orrick, which was founded in San Francisco, in April.

Keller said it was “untypical” for a company to be acquired this early in the life cycle. But the initial development of the platform to serve Orrick customers led the team to create a “enterprise-scale product” that would make it ready for takeover faster.

Continue reading:

Orrick Tech Lab is outsourcing the first independent product, providing more customer control

Sara Remember

Sara Merken reports on privacy and data security as well as legal business, including legal innovations and key players in the legal services industry. Reach her at sara.merken@thomsonreuters.com

Comments are closed.