An article written by Chris Cartrett, President and CEO at Aderant
Technology has had a significant impact on the ways law firms do business, which is why Aderant continues to make it a priority to equip law firms with innovative solutions that drive better results.
This is why we released Stridyn, our new AI-driven cloud platform.
With Stridyn, law firms receive a game-changing cloud platform that facilitates the connection and integration of data from third-party vendors, creating a unified data environment by linking disparate data sources together. Stridyn powers all our cloud applications, giving our clients power to unlock AI-enabled capabilities at no additional charge. This is a testament to our continuous efforts to help law firms transform their work-to-cash businesses with cloud and AI transformation.
The Success of Expert Sierra – A Cloud-First Strategy
This year, we announced that Aderant has more than 170 Expert Sierra clients, evidence of our ongoing commitment to migrate clients to the cloud. Expert is the #1 end-to-end legal finance and practice management solution, and Expert Sierra is a powerful cloud-hosted delivery that benefits large and mid-sized law firms. As Stridyn powers Sierra, clients will soon gain access to new applications that incorporate the intuitive Stridyn UI and operate on native cloud infrastructure. Accounts Receivable and General Ledger will be available first, with additional modules coming soon.
We have moved more than 30% of our Expert clients over to Sierra and every new client we have has gone straight into the cloud. Our goal is to eventually get everybody into the cloud and firms are well on their way to doing just that.
Applying AI to Solve Real Business Problems with MADDI
AI is the buzz in legal tech right now. Aderant launched MADDI, our AI virtual associate, in 2023 and we have discovered its uses to be infinite, both internally and for clients.
We launched askMADDI, Aderant’s official chatbot solution and personal assistant, at Global Momentum 2024. Today it benefits our support and services teams, and soon our clients will be able to askMADDI how to do certain tasks, giving them instant answers and saving them the trouble of contacting tech support. askMADDI comes pre-trained with knowledge base data from Aderant’s customer support documentation and can be trained using a firm’s internal data. MADDI-powered capability is also being applied to Aderant products, as we see no bounds to its capabilities.
We also released a new Accounts Receivable automation which advances the firm’s cash application process. We have added an automation aspect so once a bill is paid, MADDI automatically matches it up to the appropriate matter. This is only the beginning of many more plans to integrate MADDI into both our client-facing products and internal operations.
Talent Management – All About the People
As we have focused on talent management internally and bringing world-class thought leaders to drive innovation across Aderant, we have also made it a priority for our clients with our vi by Aderant product suite. This includes our new viAllocate solution which helps law firms staff the right lawyers based on their skills and availability. viAllocate improves utilization and helps law firms develop talent.
Collaborations and Acquisitions
Incredible advances in technology are keeping our team busy, and we are constantly looking for other opportunities to automate, build efficiency, and create a better customer experience for our clients.
- Expanding the Vanderbilt Law/VAILL Collaboration
Aderant’s collaboration with Vanderbilt AI Law Lab (VAILL) kicked off in 2024. This collab signifies everything Aderant stands for – breaking down silos, transcending barriers, educating, and continuous learning that prepares law firms and legal experts for the future.
- Acquisition Plans
On the M&A front, we are always looking for interesting opportunities, and we hope to see more transactions as the year continues. We are in a wonderful place because we have the right muscle to build transformative products and bring them to market in a way that is safe, secure, and that puts law firms first.
Excited for the Future
Our cloud and AI transformation initiatives have strong traction, and our leadership team has clear goals and steps to achieve them. Law firms have withstood tremendous change over the past few years, and they have emerged stronger and more efficient. Aderant is proud to play a crucial role in helping our clients solve business problems with our innovative solutions, and there is much more to come.