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Real-time legal spend management; law firms push daily time-entry data enabling live budget tracking and rate benchmarking before invoices arrive. Used by in-house legal teams. London-based.
Apperio is a London-based legal spend management company that provides in-house legal departments with real-time visibility into outside counsel fees as work happens, rather than waiting for invoices. Law firms connected to Apperio push time-entry data to the platform daily, enabling legal ops teams to track spend against matter budgets in near-real time, forecast end-of-quarter spend, and compare rates and efficiency across panel firms. Apperio targets general counsel offices at mid-market and enterprise companies that manage significant panels of outside counsel and need to close the information gap between work performed and billing. The platform integrates with eBilling systems like Brightflag and provides analytics for benchmarking firm performance. Founded in 2014, Apperio has been adopted by major brands and financial institutions and has raised funding from investors including Notion Capital and Episode 1.
Relativity confidentially filed for IPO in early 2026, the first legal tech company to do so since 2021, while rebranding as a legal data intelligence platform.
Relativity was founded in 2001 in Chicago by Andrew Sieja (originally as kCura) and rebranded under its current name in 2017 after its eponymous e-discovery platform became the industry standard. The company serves over 300,000 users in approximately 40 countries, including 198 of the Am Law 200 law firms and the U.S. Department of Justice, processing over 145 billion files through its cloud platform RelativityOne. Valued at $3.6 billion following a 2023 investment round, it plans to invest more than $170 million in R&D in 2025.
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