Largest Online Platform for Legal Profession Accelerates International Growth
United States of America (Press Release) October 5, 2007 --
Bellevue, Washington — October 5, 2007 Serengeti Law today announced that its online matter management and electronic billing system for the legal profession has added its 50,000th law firm user. Together with the more than 12,000 corporate law department users also on Serengeti, the system’s total user count now exceeds 62,000 legal professionals in more than 125 countries.
This large international base of users is driving an acceleration in the adoption of Serengeti, by both in-house and outside counsel. Over the past year the number of new law firm users coming onto Serengeti has grown to more than 1,600 a month (up from under 1,000 a year ago). Similarly, the rate at which new law department users are connecting to Serengeti has more than doubled to over 400 per month (up from less than 200 a year ago).
Serengeti’s web-based system gives legal teams a secure and efficient way to exchange key information related to their legal projects, including documents, bills, budgets, status updates, exposure, reserves, and results. More than one million legal bills (with billions of dollars in annual legal spending) have been processed through Serengeti’s system.
“Today we are seeing a network effect: accelerating growth as current users invite their colleagues to join them on Serengeti,” said Rob Thomas, Serengeti’s Vice President of Strategic Development. “It doesn’t matter if members of a legal project team are in the same office or on the other side of the world—they all have immediate access to the latest information and documents wherever they have an Internet connection.”
Because of its unique cost structure, Serengeti’s system is used not only by the world’s largest law departments and law firms, but also by solo practitioners at both companies and firms. The cost of Serengeti’s complete matter management/e-billing/contract management/reporting system starts at $2,000 a month for corporate law departments, and there are no charges to law firms.
About Serengeti Law
Serengeti Law provides Serengeti Tracker, a web-based electronic invoicing and matter management system used by corporate law departments to work more efficiently with their law firms. Serengeti Tracker includes online document and contract management, electronic bill processing, automated budget management, and configurable matter management. In-house counsel can also create reports to analyze trends in spending, track status and results, and create performance benchmarks. More information is available at: www.serengetilaw.com.
This large international base of users is driving an acceleration in the adoption of Serengeti, by both in-house and outside counsel. Over the past year the number of new law firm users coming onto Serengeti has grown to more than 1,600 a month (up from under 1,000 a year ago). Similarly, the rate at which new law department users are connecting to Serengeti has more than doubled to over 400 per month (up from less than 200 a year ago).
Serengeti’s web-based system gives legal teams a secure and efficient way to exchange key information related to their legal projects, including documents, bills, budgets, status updates, exposure, reserves, and results. More than one million legal bills (with billions of dollars in annual legal spending) have been processed through Serengeti’s system.
“Today we are seeing a network effect: accelerating growth as current users invite their colleagues to join them on Serengeti,” said Rob Thomas, Serengeti’s Vice President of Strategic Development. “It doesn’t matter if members of a legal project team are in the same office or on the other side of the world—they all have immediate access to the latest information and documents wherever they have an Internet connection.”
Because of its unique cost structure, Serengeti’s system is used not only by the world’s largest law departments and law firms, but also by solo practitioners at both companies and firms. The cost of Serengeti’s complete matter management/e-billing/contract management/reporting system starts at $2,000 a month for corporate law departments, and there are no charges to law firms.
About Serengeti Law
Serengeti Law provides Serengeti Tracker, a web-based electronic invoicing and matter management system used by corporate law departments to work more efficiently with their law firms. Serengeti Tracker includes online document and contract management, electronic bill processing, automated budget management, and configurable matter management. In-house counsel can also create reports to analyze trends in spending, track status and results, and create performance benchmarks. More information is available at: www.serengetilaw.com.
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