In
an
in-depth
piece
I
wrote
about
HerculesAI
last
February,
I
noted
that
the
past
year
had
been
a
big
one
for
the
company.
Well,
it
just
got
even
bigger,
as
Aderant,
a
leading
global
provider
of
business
management
software
for
law
firms,
announced
it
has
signed
a
definitive
agreement
to
acquire
HerculesAI’s
legal
technology
assets.
Previously
known
as
ZERO,
HerculesAI
rebranded
to
its
new
name
last
year,
as
it also
raised
$26
million
in
Series
B
funding
and
launched
a
new
AI-powered
pre-bill
review
platform, Verify,
that
it
said
could
detect
up
to
50%
of
billing
compliance
issues
before
they
result
in
client
deductions.
Under
the
deal,
Aderant
is
acquiring
all
of
the
legal
technology
assets
of
HerculesAI,
including
the
people
that
develop
and
support
them.
The
products
included
are
Apollo,
Athena,
and
Verify,
which
are
the
HerculesAI
products
that
support
the
legal
vertical.
The
company
HerculesAI
will
continue
to
exist
and
operate
its
other
product
lines
that
address
the
needs
of
customers
in
the
insurance
and
finance
industries.
This
is
not
a
full
acquisition
but
a
carve-out
of
their
legal
business.
Alex
Babin,
the
founder
and
CEO
of
HerculesAI,
and
other
members
of
the
executive
team,
will
remain
with
that
company.
Aderant
says
this
acquisition
is
a
significant
leap
forward
in
its
mission
to
deliver
a
fully
automated,
insight-rich,
and
agile
work-to-cash
solution
for
the
legal
industry.
By
embedding
HerculesAI’s
advanced
machine
learning
and
decision
intelligence
into
its
solutions,
Aderant
says,
it
is
“unlocking
unprecedented
levels
of
automation,
insight,
and
agility
for
law
firms
around
the
globe.”
“By
integrating
HerculesAI’s
advanced
compliance
engine
with
our
industry-leading
work-to-cash
platform,
we’re
not
just
automating
workflows
—
we’re
enabling
intelligent
automation
that
drives
measurable
profitability,”
Chris
Cartrett,
Aderant’s
president
and
CEO,
said
in
a
statement
announcing
the
deal.
“Law
firms
will
gain
unprecedented
precision,
speed,
and
confidence
in
their
operations.”
Related:
A
Special
Interview
with
Aderant
CEO
Chris
Cartrett
Recorded
Live
at
Its
Momentum
Global
Conference.
Insofar
as
the
deal
includes
bringing
the
entire
HerculesAI
legal
technology
team
to
Aderant,
Cartrett
said:
“This
acquisition
will
only
enhance
the
AI
engineering
and
data
science
talent
within
Aderant.
That’s
not
just
a
win—it’s
a
strategic
leap
forward.”
Babin,
HerculesAI’s
CEO,
said:
“Aderant
is
a
leading
force
in
legal
technology,
and
each
of
HerculesAI’s
legal
products
fits
naturally
into
their
portfolio.
This
move
strengthens
Aderant’s
end-to-end
work-to-cash
offering
and
further
transforms
compliance
from
a
bottleneck
into
a
business
accelerator.
Just
as
important
as
product
synergy
is
the
cultural
alignment
between
our
teams
–
a
shared
commitment
to
solving
real
problems
for
customers.
That
alignment
goes
beyond
technology
and
sets
the
foundation
for
long-term
impact.”
HerculesAI
launched
in
2017
under
its
former
name,
ZERO,
and
developed
a
mobile
app
that
automatically
captured
lawyers’
billable
time
spent
working
on
email
on
their
mobile
phones.
(In
2020,
I
wrote
about a
“lite”
version
of
this
app ZERO
released
for
smaller
firms.)
In
2021,
it launched
a
desktop
product,
Apollo,
that
automatically
captured
time
spent
on
billable
work
on
a
desktop
device
and
integrated
those
time
entries
into
the
lawyer’s
billing
platform.
It
continues
to
offer
both
AI-powered
time
capture
and
AI-powered
email
classification
and
filing.
Last
year,
it
launched
its
AI-powered
pre-bill
review
platform, Verify,
saying
it
was
so
confident
in
the
product
that
it
offered
its
customers
a
Herculean
promise,
putting
guarantees
in
their
contracts
that
if
they
did
not
reach
a
specified
level
of
return
on
investment,
then
they
owed
nothing.
If
you
will
be
attending
ILTACON
this
week,
you
can
find
Aderant
there
at
booth
#501
and
HerculesAI
at
booth
#1209.
A
Special
Interview
with
Aderant
CEO
Chris
Cartrett
Recorded
Live
at
Its
Momentum
Global
Conference