Is Covid Driving the Growth of the CLM Market?

Contract lifecycle management has become one of the hottest sectors of legal tech in recent years, and within that sector, Evisort, founded in 2016, has become one of the hottest companies, experiencing four-times revenue growth in 2020 and having just completed a $35 million Series B funding round, for total funding of $55 million.

But Evisort cofounder and CEO Jerry Ting sees his company’s AI-driven technology becoming something more – becoming, in effect, an operating system for companies and legal departments, helping them speed up their contracting and reduce associated costs.

So what makes Evisort stand out in this market and what’s ahead for the company and the CLM sector more broadly? Ting joins host Bob Ambrogi to discuss those questions and more.