Mitratech Enterprise Legal Management Shines Bright at the 2024 Fall LegalTech TAM Awards

Vivian Susko |

Bringing home back-to-back, quadruple accolades alongside some of the most recognized and trusted names in legal.

We could not be more excited to share that for the second year running, Mitratech has been recognized by Theorem Legal Marketplace with not just one but four prestigious honors in the 2024 LegalTech TAM Awards Program.
This year, we were named a winner in the following categories:

  • Top 5 Highest-Rated ELM
  • Leader in Legal Tech
  • Best Overall for Enterprise
  • Highest User Adoption

We’re even prouder to say that this recognition is not a one-time phenomenon. Last year, Mitratech garnered the same badges for “Leader in Legal Tech,” “Best Overall for Enterprise,” and “Highest Rated,” with the one outlier being “Top Performing.”

A Little Background: What Are the Theorem LegalTech TAM Awards?

Shaped by insights from partners like the Corporate Legal Operations Consortium (CLOC) and the Association of Corporate Counsel (ACC), The Theorem LegalTech TAM (Total Addressable Market) Awards celebrate the top legal tech solutions that excel in innovation, ease of use, and customer satisfaction. Assessing each solution based on user feedback and market impact, the awards aim to make it easier for organizations to find reliable, high-performance tools for their legal operations.

Who (and What) Decides Who the Legal Tech “Leaders” Are?

The annual Legal Tech TAM Awards represent the first real data-backed recognition from a network of leading legal organizations that represent the total addressable market (TAM). Awards are determined after thorough review, scoring, and analysis of adoption data collected from verified buyers across the Theorem Marketplace network. And with Theorem tracking over $300 million in global legal software spend, that network is quite large, which is why these awards have gained traction for being one of the most trusted identifiers of leadership and innovation in legal technology.

Compiling data from across its network to rank the Best Software by legal function and category. These awards help legal departments and law firms identify impactful technology partners, drawing on extensive industry collaboration and rigorous evaluation. Mitratech was selected among this year’s finalists for its unique ability to provide a uniform platform for everything from matter management to legal hold and document automation, with recent strides being made in the latter with our recent acquisition of HotDocs.

“As legal teams strive to do more with less, there is increasing pressure on leaders to adopt digital solutions and better manage workflow processes,” said Joshua Maley, Managing Director of the LegalTech TAM Awards. “The Mitratech platform stands out for its ability to help legal professionals operate faster, smarter, and more efficiently with its comprehensive feature set that addresses the complete workflow.”

Why Are These LegalTech Awards So Significant?

These awards are significant because they come directly from user feedback on Theorem’s legal tech platform, the largest and most trusted marketplace for legal technology. They mean so much to us because they are awarded based on real user experiences and insights from leading legal organizations around the world, who rely on these reviews to make informed decisions about the solutions that best fit their unique needs.

From robust Enterprise Legal Management (ELM) solutions to best-in-class matter and spend management capabilities, this tells us that we’re delivering on our commitment to constantly evolve, innovate, and improve for our customer base — all while working to foster stronger partnerships and collaboration via user feedback.

Our back-to-back recognition in this esteemed program reflects our company’s commitment to evolving alongside the ever-changing landscape of our customers and community. As legal technology continues to expand in scope, these awards underscore our role as a cornerstone of reliability, innovation, and leadership in the industry.

And Finally, Why Are We So Personally Excited About Them?

We’ve had quite a year here at Mitratech, and if you don’t mind us bragging (there is a proud employee behind every blog post, after all!), there are more than a handful worth highlighting. This recognition joins an impressive list of accolades, including:

We’re humbled by what this team has accomplished, excited for what’s to come, and grateful to have all of you along with us for it all! To read more details about the award and recipients, you can go here.

Empower. Automate. Elevate. LegalTech TAM Awards.

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