The Aug. 2010 MarketView Report of Hyperion Research, “e-Billing and Matter Management Systems for Corporations,” includes a five-page history of those systems. It is a useful summary of where we are in 2011.
The comprehensive and detailed report foresees an integration of functions that currently operate from a variety of databases and other applications. The “solution footprint” that will bring together many of these functions they name “Enterprise Legal Management.” Of particular interest to me is a prediction that “as the ELM segment solidifies, we anticipate the entry of larger enterprise application vendors such as Oracle, SAP, Sage and Microsoft, as well as legal technology providers from other specialty areas.” Law department managers, they suggest, will continue to see a vibrant market at full competitive pitch.
Disclaimer: I know both founders and received a copy of the report at no cost.