A letter from President & CEO Shahzad Bashir on the upcoming merger of Clutch Group and Morae Legal. Link to full press release.
May 2, 2017
Dear Clients & Colleagues,
We are delighted to share with you that Clutch Group and Morae Legal are merging to form “Morae Global Corporation,” a combined entity with a comprehensive range of products and services that will serve the legal and compliance industry for years to come in a disruptive, transformative and measurable manner.
In an industry where innovation is consistent with resolving legal challenges faster or cheaper or through automation, Morae Global will be dedicated to recapturing the disruptive spirit. Our business and service model is built on being different to our clients and to our people.
Since inception, both Morae and Clutch have been focused on helping corporate law departments and their law firms manage their people, processes and technologies in order to solve their legal, compliance and economic problems. This merger allows us to offer an innovative alternative to the highly-fragmented approach to legal services procurement.
Morae Global will continue to offer Clutch Group’s internationally recognized eDiscovery and Managed Review services along with the proprietary Clutch.IQ product suite by integrating Morae Legal’s Information and Discovery Management under the Clutch brand, which includes information governance and discovery consulting.
Morae Global’s eLEXir segment, which places on-demand legal resources inside corporate law departments, will be strengthened by global options in India and Europe as well as enhanced contract review automation technologies.
And lastly, Morae Global’s clients will benefit from comprehensive Law Department Management Consulting supported by a global footprint and deep subject-matter expertise in core industry verticals. `
While the formation of Morae Global will bring significant benefits to our clients including enhanced scale, an enlarged global footprint, and a greater cross-section of inter-related products and services to drive value across our relationships, we remain committed to delivering world class service to our clients and a promising career to our people at all times. The Clutch and Morae project teams will continue to seamlessly deliver on ongoing projects for our clients across all our relationships.
As President and CEO of Morae Global, I look forward to serving our clients, my colleagues, and our investors. I am pleased to announce that Gary Holdren, founder and former CEO of Huron Consulting Group, will serve as Chairman of the Board and Abhi Shah, founder and CEO of Clutch Group, will serve as Vice Chairman of the Board.
As we continue to reinvent the way legal consulting services are provided to law departments, I’d like to thank all our stakeholders for their continued support. This merger will mark an important milestone in the histories of both organizations and marks the birth of a new entity, poised to deliver value to all stakeholders.
President & CEO