AdvoLogix Achieves Record Growth and Expands its Global Reach with Enhanced Legal Matter Management Solutions

January 24 18:36 2018 Print This Article

SUGAR LAND, Texas, Jan. 25, 2018 (GLOBE NEWSWIRE) — AdvoLogix®, a leading provider of cloud-based law practice and legal matter management solutions, today announced the company closed 2017 with record growth in new accounts and user subscriptions, expanded global reach to new customers in South Africa, Saudi Arabia and Lebanon, and delivered more than 75 customer-driven improvements to the AdvoLogix Matter Management solution.

“AdvoLogix accelerates into 2018 with increased momentum after a very successful 2017,” said Jonathan Reed, chief executive officer of AdvoLogix. “I am pleased to announce that key metrics associated with our business are showing excellent results across all functional areas of the company. With each new release of AdvoLogix Matter Management, we took considerable time to listen to our customers and developed integrations, features and improvements based on their needs to help them improve legal processes, increase productivity and operate more efficiently. The success of our customer-centric approach is showing in the company’s growth in both new accounts, ARR, and year-over-year user subscriptions.”

Some of the highlights of 2017 that are propelling AdvoLogix’s momentum into 2018 include:

  • Three major releases of AdvoLogix Matter Management with more than 75 new features, enhancements, and other customer-driven product improvements.
  • Expanded global reach to corporate legal departments and law firms in South Africa, Saudi Arabia and Lebanon.
  • 42 percent growth in overall user subscriptions.
  • 51 percent growth in annual recurring revenue (ARR) resulting in three consecutive years of 50% growth.
  • Experiencing negative churn as existing customers grow or expand the use of AdvoLogix in adjacent practice areas.
  • New and enhanced integrations for our partner ecosystem, which simplified customer deployments.
  • Engagement of three new partners to service accounts on a global basis extending our best-fit delivery approach.
  • Implementation of comprehensive digital marketing automation strategy to provide engine for ongoing organic growth.

More information about AdvoLogix can be found at http://www.advologix.com.

About AdvoLogix
Founded in 2006, AdvoLogix® is a leading law practice and legal matter management solution that helps law firms and general counsel automate unique business processes and simplify legal matter management. The AdvoLogix cloud-based enterprise solution centralizes matter management, conforms to unique workflows and practice standards, and provides industry leading security and reliability. AdvoLogix offers comprehensive configuration and integration with thousands of add-on applications to extend the solution to meet specific business needs. For more information, visit www.advologix.com and follow AdvoLogix on Twitter @AdvoLogix.

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Vicki LaBrosse
Edge Legal Marketing
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Jonathan Yaniv
Jonathan Yaniv

Jonathan is the founder and editor-in-chief of TrustedNerd.com. Covering major tech shows such as CES, Jonathan is always there for the latest tech news. Want your gadget to be reviewed or have a release you'd like to be considered for publishing? Send Jonathan an email, jonathan [at] trustednerd.com

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