BigHand has acquired legal AI pricing specialist Ayora, strengthening its AI strategy and expanding its capabilities in legal pricing and commercial intelligence.
The acquisition follows the companies’ strategic partnership announced earlier this year and brings Ayora’s AI technology, data enrichment capabilities and team into BigHand. The first phase will focus on integrating Ayora with BigHand Matter Pricing, with AI capabilities expected to expand across BigHand’s wider portfolio, including Resource Management and Business Intelligence.
BigHand said Ayora’s technology transforms unstructured firm data into contextual intelligence, helping law firms improve pricing decisions, profitability and commercial performance through AI-powered insights.
Sam Toulson, CEO of BigHand, said: “By bringing Ayora into BigHand, we’re combining exceptional AI and pricing expertise with trusted technology to help law firms make smarter commercial decisions, improve profitability and stay ahead in an increasingly competitive market.”
The first integrated capabilities between BigHand Matter Pricing Cloud and Ayora are expected to be available later this year.
Source: Ayora
Read the full article: https://www.ayora.ai/updates/bighandacquires-ayora-to-accelerate-ai-innovation-in-legal-pricing
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