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Paradigm, Parent to Three Practice Management Platforms, Acquired By Francisco Partners

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It began by acquiring Bill4Time in 2017, followed by PracticePanther in 2018, MerusCase in 2019, and Headnote in 2020. In February 2019, ASG merged the two companies to create a unified legal technology business under the name ASG LegalTech, naming as CEO Nettimi, who had taken over as PracticePanther CEO the prior October.

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Exclusive: As UpCounsel Launches Crowdfunding Campaign, the Phoenix-like Story Of Its Rise from Near Shutdown

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Sixteen months later, UpCounsel has overhauled its business model and says that it is profitable and poised to further disrupt the legal tech market. In its first 12 months under new ownership, it says, it has doubled its revenues and saved clients over $12 million in legal fees.