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Consilio Completes Acquisition Of Lawyers On Demand And Syke

Sep 05, 2023•over 2 years ago

Acquiring Company

Consilio

Acquired Company

Lawyers

WashingtonLaw PracticeLegalInformation TechnologySoftwareLegal Tech

Description

Consilio, the global leader in legal technology solutions and enterprise legal services, announced today the closing of their previously announced acquisition of Lawyers On Demand (LOD), a pioneer in flexible legal talent, and SYKE, a premier legal technology consultancy headquartered in the UK. The acquisition extends Consilio’s Enterprise Legal Services (ELS) business in Europe, the Middle East, Africa, Asia, and Australia as well as expands its existing presence in the UK.

Company Information

Company

Consilio

Location

1828 L Street Northwest

Washington, District Of Columbia, United States

About

Consilio is the global leader in eDiscovery, document review, flexible legal talent, and legal advisory & transformation services. Through its Aurora Digital Enterprise Platform, the company empowers multinational corporations and law firms to reduce risk, improve efficiency, and drive better outcomes. Aurora integrates advanced AI — including Guided AI Review, Native AI Review, AI Investigation, and TrueLaw narrative AI — into a unified platform that provides freedom, deep project visibility, and control. Consilio operates offices, review centers, and data centers across Europe, Asia, and North America.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed