Latest news with #Aderant
Business Wire
3 days ago
- Business
- Business Wire
Aderant Signs Deal to Acquire HerculesAI Legal Technology Assets Accelerating AI Capabilities in Work-to-Cash Solution
ATLANTA--(BUSINESS WIRE)-- Aderant, a leading global provider of business management solutions for law firms, today announced that it has signed a definitive agreement to acquire the legal technology assets from HerculesAI, a pioneer in AI-driven billing compliance and decision intelligence. This strategic move marks 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. 'This acquisition is a game-changer for our clients,' said Chris Cartrett, President & CEO of Aderant. By embedding HerculesAI's advanced machine learning and decision intelligence into Aderant's solutions—and supercharging MADDI, Aderant's AI-powered virtual associate—Aderant is unlocking unprecedented levels of automation, insight, and agility for law firms around the globe. This powerful integration doesn't just streamline workflows; it proactively prevents revenue leakage, boosts realization rates, and redefines compliance as a strategic advantage—all driven by AI that understands the context, intent, and urgency behind every decision. 'This acquisition is a game-changer for our clients,' said Chris Cartrett, President & CEO of Aderant. 'By integrating HerculesAI's advanced compliance engine with our industry-leading work-to-cash platform, we're not just automating workflows—we're enabling intelligent automation that drives measurable profitability. Law firms will gain unprecedented precision, speed, and confidence in their operations. Beyond the technology, we're equally excited to welcome the entire HerculesAI legal technology team to Aderant. AI-centered development is at the core of our strategy, with many successful product releases in recent years. This acquisition will only enhance the AI engineering and data science talent within Aderant. That's not just a win—it's a strategic leap forward.' Alex Babin, founder and CEO of HerculesAI, added, 'Aderant is a leading force in legal technology, and each of HerculesAI's legal products fits naturally into their portfolio. This move strengthens Aderant's end-to-end work-to-cash offering and further transforms compliance from a bottleneck into a business accelerator. Just as important as product synergy is the cultural alignment between our teams - a shared commitment to solving real problems for customers. That alignment goes beyond technology and sets the foundation for long-term impact.' Aderant has released nine AI driven products into the market in the past two years. The integration of HerculesAI technology into Aderant's ecosystem will enable even greater real-time enforcement of outside counsel guidelines (OCGs), internal billing policies, and historical patterns—delivering audit-ready analytics and one-click resolution of billing issues. Combined with Aderant's AR Automation and Cloud solutions, this creates a seamless, end-to-end work-to-cash experience. Aderant will be exhibiting at ILTACON 2025, conference of the International Legal Technology Association, on August 11-14 at the Gaylord National Resort and Convention Center in National Harbor, Maryland (Aderant booth #501 & HerculesAI booth #1209). For more information on Aderant, visit About Aderant® Aderant is dedicated to helping law firms run a better business. As a leading global provider of business management and practice-of-law solutions, the world's best firms rely on Aderant to keep their businesses moving forward and inspire innovation. At Aderant, the 'A' is more than just a letter. It represents how we fulfill our foundational purpose, serving our clients. Aderant operates as a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the S&P 500 and Fortune 1000. The company is headquartered in Atlanta, Georgia, and has several other offices across North America, Europe, and Asia-Pacific. For more information, visit email info@ or follow the company on LinkedIn. About HerculesAI HerculesAI converts rules-heavy, document-bound workflows into real-time, auditable data flows for the world's most regulated enterprises. Its AI agents capture data from any source, map it to company or industry standards, and validate every field against business rules—eliminating manual entry, cutting administration time by up to 70 percent, and ensuring continuous compliance. SOC 2 (Type II)-certified, the platform can be deployed in the customer's cloud or on-premises. Founded in 2014, HerculesAI's headquarters are in Campbell, California, with global offices in Europe, the United Kingdom and Canada. Learn more at
Hamilton Spectator
31-07-2025
- Business
- Hamilton Spectator
Epiq Billing Services Transforms Legal Billing Process at Am Law 100 Firm
NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) — Epiq announced today a new partnership with an Am Law 100 firm to provide Epiq Billing Solutions — the premier, reliable, secure solution to stabilize cash flow, reduce costs, and improve overall efficiency. Epiq delivers end-to-end billing solutions designed specifically for the complex needs of law firms to enhance financial operations and accelerate cash flow. By leveraging deep expertise across major billing platforms, such as 3E/Elite, Aderant, BillBlast, LawPay, InTapp Billstream, Collaborati, eBilllingHub, CounselLink, and Tymetrix, Epiq is able to proactively resolve invoice rejections, streamline workflows, and deliver measurable results. 'Partnering with Epiq underscores our dedication to legal innovation so that we can elevate efficiency and output while maintaining the high standards our clients expect,' said the firm's Chief Financial Officer. 'Epiq has a proven track record in driving process improvement in the legal billing space. The support provided by Epiq is strengthening our ability to overcome challenges in tracking billable hours while boosting productivity and ensuring compliance with complex billing guidelines.' Leveraging Epiq subject matter experts well-versed in common law firm applications and supported technological processes, including AI, law firms are now able to realize faster turnaround times, quicker invoice generation, reduced invoice errors, and improved cash flow. Epiq Billing Solutions is a proprietary billing solution where Epiq clients can expect to expedite: Services are provided by talented billing experts in Epiq Global Resource Centers , which provide 24/7/365 administrative and middle office support to some of the largest global organizations across the legal, financial, and corporate sectors. 'Our highly skilled billing specialists don't just respond to errors, they proactively identify patterns and streamline processes across all major legal billing systems,' said Michelle Connolly , Senior Vice President of the Global Business Transformation Solutions business at Epiq. 'Firms can now maximize realization rates, invoice faster, and reduce errors and lengthy appeals, ultimately leading to improved efficiency and profitability.' Epiq uncovered that the average law firm experiences an 18 percent realization loss due to billing challenges. 'This means that nearly one-fifth of billable work is not converted into revenue, negatively impacting a firm's profitability,' Connolly said. 'Even more, 81 percent of firms report having issues with a significant portion of invoices remaining unpaid or delayed, creating real cash flow challenges. These problems – coupled with resource constraints and the need for continuous training – highlight the importance of streamlining billing operations.' Epiq routinely works with the top law firms in the world to provide technical expertise and best practices so they can focus on core competencies and more strategic activities. By outsourcing business transformation services , such as billing , marketing and creative services , administrative support , office services , and records and information governance , law firms are able to increase efficiency, improve cost-effectiveness, centralize processes, add scalability, and standardize outputs. About Epiq Epiq, a technology and services leader, takes on large-scale and complex tasks for corporate legal departments, law firms, and business professionals by integrating people, process, technology, and data. Clients rely on Epiq to streamline legal and compliance, settlement, and business administration workflows to drive efficiency, minimize risk, and improve cost savings. With a presence in 18 countries, our values define who we are and how we partner with clients and communities. Learn how the approximately 6,100 Epiq people worldwide create meaningful change at . Press Contact Carrie Trent Epiq, Senior Director of Corporate Communications and Public Relations
Business Wire
07-07-2025
- Business
- Business Wire
Miles & Stockbridge Continues Transformation of its Legal Operations with Aderant Expert Sierra and Stridyn Analytics
ATLANTA--(BUSINESS WIRE)-- Aderant, a leading global provider of legal business management software, has announced that Miles & Stockbridge, an Am Law 200 law firm with more than 200 lawyers and offices in Maryland, Washington, D.C., Virginia and New York, has chosen its Expert Sierra cloud-based platform to further transform their operations and supercharge efficiency. With the flexibility and scalability of this robust cloud platform, the law firm will also be able to unify financial, operational, and practice management data to deliver real-time insights through AI-powered Stridyn Analytics. "We are excited to partner with Miles & Stockbridge in their journey toward digital transformation and enhancing their cloud-first strategy,' said Chris Cartrett, CEO and President at Aderant. "We are excited to partner with Miles & Stockbridge in their journey toward digital transformation and enhancing their cloud-first strategy,' said Chris Cartrett, CEO and President at Aderant. 'Expert Sierra and Stridyn Analytics will empower their teams with cutting-edge tools and real-time insights, enabling them to deliver exceptional service to their clients while optimizing their internal processes.' Miles & Stockbridge will also be able to automate and streamline timekeeping, pre-billing, billing, and rates processes to shorten the work to cash cycle and minimize deductions, while providing unmatched compliance management, data security, and scalability. "Miles & Stockbridge's focus on operational excellence, growth and innovative client service will be enhanced by the adoption of Expert Sierra as our practice management cloud solution,' said Kristin Donohoe, Chief Financial Officer at Miles & Stockbridge. 'This transition marks a significant step in our commitment to leverage advanced technology to enhance our operations and efficient delivery of client services. In addition, the integration of Stridyn Analytics will provide us with unparalleled insights for informed decisions that will drive our firm's growth long term.' About Aderant ® Aderant is dedicated to helping law firms run a better business. As a leading global provider of business management and practice-of-law solutions, the world's best firms rely on Aderant to keep their businesses moving forward and inspire innovation. At Aderant, the 'A' is more than just a letter. It represents how we fulfill our foundational purpose, serving our clients. Aderant operates as a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the S&P 500 and Fortune 1000. The company is headquartered in Atlanta, Georgia, and has several other offices across North America, Europe, and Asia-Pacific. For more information, visit email info@ or follow the company on LinkedIn. About Miles & Stockbridge Miles & Stockbridge is an Am Law 200 law firm with more than 200 lawyers and offices in Maryland, Washington, D.C., Virginia and New York. The firm's lawyers help global, national, local and emerging business clients preserve and create value by helping them solve their most challenging problems. For more information, please visit their website and follow Miles & Stockbridge on LinkedIn, Facebook and X.
Yahoo
07-07-2025
- Business
- Yahoo
Miles & Stockbridge Continues Transformation of its Legal Operations with Aderant Expert Sierra and Stridyn Analytics
Innovative Cloud and AI Solutions to Enhance Efficiency and Deliver Real-Time Insights for Am Law 200 Firm ATLANTA, July 07, 2025--(BUSINESS WIRE)--Aderant, a leading global provider of legal business management software, has announced that Miles & Stockbridge, an Am Law 200 law firm with more than 200 lawyers and offices in Maryland, Washington, D.C., Virginia and New York, has chosen its Expert Sierra cloud-based platform to further transform their operations and supercharge efficiency. With the flexibility and scalability of this robust cloud platform, the law firm will also be able to unify financial, operational, and practice management data to deliver real-time insights through AI-powered Stridyn Analytics. "We are excited to partner with Miles & Stockbridge in their journey toward digital transformation and enhancing their cloud-first strategy," said Chris Cartrett, CEO and President at Aderant. "Expert Sierra and Stridyn Analytics will empower their teams with cutting-edge tools and real-time insights, enabling them to deliver exceptional service to their clients while optimizing their internal processes." Miles & Stockbridge will also be able to automate and streamline timekeeping, pre-billing, billing, and rates processes to shorten the work to cash cycle and minimize deductions, while providing unmatched compliance management, data security, and scalability. "Miles & Stockbridge's focus on operational excellence, growth and innovative client service will be enhanced by the adoption of Expert Sierra as our practice management cloud solution," said Kristin Donohoe, Chief Financial Officer at Miles & Stockbridge. "This transition marks a significant step in our commitment to leverage advanced technology to enhance our operations and efficient delivery of client services. In addition, the integration of Stridyn Analytics will provide us with unparalleled insights for informed decisions that will drive our firm's growth long term." About Aderant® Aderant is dedicated to helping law firms run a better business. As a leading global provider of business management and practice-of-law solutions, the world's best firms rely on Aderant to keep their businesses moving forward and inspire innovation. At Aderant, the "A" is more than just a letter. It represents how we fulfill our foundational purpose, serving our clients. Aderant operates as a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the S&P 500 and Fortune 1000. The company is headquartered in Atlanta, Georgia, and has several other offices across North America, Europe, and Asia-Pacific. For more information, visit email info@ or follow the company on LinkedIn. About Miles & Stockbridge Miles & Stockbridge is an Am Law 200 law firm with more than 200 lawyers and offices in Maryland, Washington, D.C., Virginia and New York. The firm's lawyers help global, national, local and emerging business clients preserve and create value by helping them solve their most challenging problems. For more information, please visit their website and follow Miles & Stockbridge on LinkedIn, Facebook and X. View source version on Contacts Aderant Contact Will Ayers, Senior Communications Strategist at Media Contact Christy Burke, Burke & Company PR917-623-5096cburke@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Aderant Launches Next-Gen Cloud Financial Management Applications at 2025 Momentum Global Event
New Cloud Accounts Receivable (AR), Cloud General Ledger (GL), Stridyn Analytics, and askMADDI Deliver Enhanced Intelligence and Automation Capabilities, Transforming Law Firms' Financial Operations ATLANTA, May 20, 2025--(BUSINESS WIRE)--Today Aderant®, the leading global business management software provider for law firms, launched four new cloud-based technology solutions – Cloud Accounts Receivable (AR), Cloud General Ledger (GL), Stridyn Analytics, and askMADDI – at its Momentum Global conference in Dallas, Texas. These new AI-powered applications deliver a more unified, modern, and personalized user experience, enabling firm accounting and finance teams to better coordinate, access real-time data, improve decision making, and drive efficiency in daily, monthly, and year-end activities. "Aderant is laser focused on delivering an unmatched client experience, and the launch of these new cloud-based financial management applications at 2025 Global Momentum will continue to raise the bar," said Chris Cartrett, President & CEO of Aderant. "Aderant is the leader in business of law solutions for the world's largest law firms. We do not take our role in these firms' daily operations lightly and continue to live our mission to deliver mission critical solutions that drive exceptional business results for law firms through relentless commitment to innovation and our clients." At the event, attendees have exclusive opportunities to see onsite demonstrations of these new applications, as well as access to pricing promotions only available to event attendees. Highlights of the next-gen cloud financial management applications include: Next-Gen Cloud Accounts Receivable The Aderant cloud-based AR solution in Expert Sierra streamlines end-to-end cash receipting, improving speed, accuracy, and visibility. Powered by MADDI, Aderant's AI-powered virtual associate, it automates invoice matching, eliminates manual remittance handling, and reduces paper use. Law firms benefit from faster adjustments, better tracking of partial payments, and real-time cash reporting for more efficient audits. Next-Gen Cloud General Ledger Historically, the general ledger has been a highly manual process ripe for innovation. Now, integrated with MADDI to deliver next-gen insights and automation to query and filter information, the new cloud-based GL solution in Expert Sierra is designed to enhance, automate, and streamline financial activities. It empowers firms to maximize profitability and eliminate fraud by enabling more efficient and optimized decision-making, powered by AI. Stridyn Analytics for Next-Gen Reporting and Analytics The cloud-based Stridyn platform was launched at 2024 Momentum Global, and Stridyn Analytics now furthers its capabilities by unifying financial, operational, and practice management data to deliver real-time insights through a single, intuitive platform. With AI-powered analytics, natural language queries, and customizable dashboards, users can easily access and act on key information—no technical expertise required. Scalable and accessible from anywhere, it empowers law firms to make confident, data-driven decisions faster. askMADDI Further enhancing the power of its MADDI AI solution, askMADDI delivers a seamless Natural Language Query (NLQ) experience, enabling users to effortlessly access and understand data from a multitude of integrated Aderant cloud applications. Simply put, askMADDI is purposefully designed and built to empower legal professionals with faster insights, streamlined workflows, and intelligent support. Seamlessly integrated into the Stridyn platform, askMADDI delivers context-aware answers and actionable intelligence. Acting as a trusted virtual associate, askMADDI is always on, always responsive, and always willing to empower users with power of AI, amplifying their productivity. "AI is revolutionizing the way businesses manage their financial operations. By integrating AI into our new cloud-based Accounts Receivable and General Ledger applications, we're enabling smarter automation, reducing errors, and accelerating decision-making," said Andy Hoyt, Chief Technology Officer at Aderant. "This technology not only streamlines workflows but also empowers finance teams with predictive insights, helping them stay ahead in an increasingly dynamic marketplace." For more information about Aderant, go to About Aderant® Aderant is dedicated to helping law firms run a better business. As a leading global provider of business management and practice-of-law solutions, the world's best firms rely on Aderant to keep their businesses moving forward and inspire innovation. At Aderant, the "A" is more than just a letter. It represents how we fulfill our foundational purpose, serving our clients. Aderant operates as a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. The company is headquartered in Atlanta, Georgia, and has several other offices across North America, Europe, and Asia-Pacific. For more information, visit email info@ or follow the company on LinkedIn. View source version on Contacts Aderant Contact Will Ayers, Senior Communications Strategist at Media Contact Christy Burke, Burke & Company PR917-623-5096cburke@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
