Legal IT Insider reports on Harbor's acquisition of the legal management consulting business of investment bank and advisory firm Stout.
Following an interview with Harbor CEO Matt Sunderman, editor-in-chief Caroline Hill cited several reasons he gave for acquiring Stout's LMC practice, including its strong leadership, the potential to expand into new areas like legal hold, data preservation, and e-discovery technology implementation, and enhancing Harbor's existing work in contract lifecycle management, enterprise lifecycle management, and corporate strategy.
Sunderman told Legal IT Insider: “Jim and Stacie have been in this space for two to three decades and have worked with over a third of the Fortune 500 companies. They help those companies upgrade their existing technology; implement new technologies where there are gaps; and align technology from a data integration and migration perspective.
She noted that co-leads Jim Mitchell and Stacie Neeter have extensive experience in the legal technology and consulting space, having worked with senior Harbor executives in the past.
Quoting Stacie Neeter: “Harbor is a natural fit for our team. Its focus on the legal ecosystem and its scale are compelling to our clients in the Fortune 500.”
This is a summary of an article originally published on Legal IT Insider.
- Risk management
- Enterprise legal management
- Contract management