Bodhala wins 2021 LegalTech Breakthrough Award again

- ADVERTISEMENT -

New York-based Bodhala, provider of AI-powered legal market analytics,  co-founded by Indian-American Raj Goyle, announced Nov. 17, 2021, the company has been named winner of the “Overall Legal Analytics Solution of the Year” award in the second annual LegalTech Breakthrough Awards.

Bodhala’s solutions give corporate legal departments an unparalleled grasp on the legal work being performed so they can determine the value their law firms provide for the rate they’re being paid, a press release from the company said.

“We founded Bodhala with the belief that great legal talent should come at market-driven prices, and we’re incredibly proud to have built the most powerful solution on the market for legal spend analytics,” CEO Goyle, a former Kansas State Assemblyman, is quoted saying in the press release. “This award from LegalTech Breakthrough reinforces our role in tackling the longstanding, unchallenged and one-sided marketplace,” Goyle added.

The mission of the annual LegalTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of the standout technology companies, solutions and products in the legal technology industry today. This year’s program attracted more than 1,300 nominations from over 12 different countries throughout the world. In 2020, Bodhala was recognized by the awards program as “Legal Spend Management Innovation of the Year.”

Bodhala recently announced that it has been acquired by Onit, provider of enterprise workflow and artificial intelligence platforms and solutions.