Aderant Acquires HerculesAI's Legal Tech Assets
Aderant has signed a definitive agreement to acquire the legal technology assets of HerculesAI, a move that aims to enhance Aderant's AI capabilities for law firms. This acquisition, announced by Aderant, includes HerculesAI's AI-driven billing compliance and decision intelligence tools, such as Apollo, Athena, and Verify.
The acquisition will integrate HerculesAI's advanced machine learning and decision intelligence into Aderant's solutions, which is expected to unlock unprecedented levels of automation, insight, and agility for law firms globally. Aderant's President and CEO, Chris Cartrett, emphasized that this integration will not only streamline workflows but also enhance profitability by preventing revenue leakage and boosting realization rates.
HerculesAI will continue to operate its other product lines in the insurance and finance sectors, while its legal technology team will join Aderant. This strategic move is seen as a significant leap forward in Aderant's mission to deliver a fully automated, insight-rich, and agile work-to-cash solution for the legal industry.
We hope you enjoyed this article.
Consider subscribing to one of our newsletters like Legal AI Weekly, AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from: Legal AI
More from: Funding
Subscribe to Legal AI Weekly
The source for the Legal AI software news, analysis, emerging applications: contract review, e-discovery, research.
Market report
2025 Generative AI in Professional Services Report
This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.
Read more