- Acquisition of Insight Legal Software significantly expands Dye
& Durham reach in key U.K. market
- Growing demand for cloud-based legal practice management
software designed to make it easier to manage a law firm, organize
cases, and collaborate with clients provides significant
opportunity for Dye & Durham and Insight Legal in the U.K. and
worldwide
TORONTO, Jan. 23,
2023 /CNW/ - Dye & Durham Limited (TSX: DND)
("Dye & Durham" or the "Company"), one of the world's
largest providers of cloud-based legal practice management software
designed to make managing a law firm, organizing cases, and
collaborating with clients easy, today announced the
enhancement of its practice management software offering for the
U.K. legal community with the acquisition of leading U.K-based
software firm Insight Legal Software Ltd. ("Insight Legal").
Dye & Durham has become a leading provider of cloud-based
practice management solutions - the mission critical systems that
enable law firms to manage their operations with increased
efficiency, ease and profitability - for small and medium-sized law
firms. Robust functionality designed to support matter management,
human resource management, client intake, client management,
document storage, and trust and practice accounting helps legal
firms manage and improve relevant aspects of their operation in a
single, integrated solution.
"As one of the world's largest providers of cloud-based legal
practice management software Dye & Durham is always looking for
ways to strengthen our product offering and provide the most robust
and capable suite of solutions designed to enable our customers to
increase their efficiency and profitability," said Martha Vallance, Chief Operating Officer, Dye
& Durham. "The addition of Insight Legal enhances our existing
practice management capabilities while enabling us to continue to
grow our product offering for and footprint in the important
U.K. market."
Founded in 2011, Insight Legal has established itself as one of
the U.K.'s premiere legal practice management technology
innovators, with more than 900 clients and 5,000 users throughout
the U.K. The company is best known for its all-in-one practice
management platform that combines legal accounts, case management,
firm management and a variety of seamless integrations designed to
help legal professionals improve the efficiency of their day-to-day
operations.
This press release is being issued for information purposes
only. Dye & Durham does not consider the information contained
herein to be material information as such term is defined under the
rules of the Toronto Stock Exchange.
About Dye & Durham
Dye & Durham Limited provides premiere practice management
solutions empowering legal professionals every day, delivers vital
data insights to support critical corporate transactions and
enables the essential payments infrastructure trusted by government
and financial institutions. The company has operations
in Canada, the United Kingdom, Ireland,
and Australia. Additional information can be found
at www.dyedurham.com
Disclaimer
This press release is being issued for information purposes
only. Dye & Durham does not consider the information contained
herein to be material information as such term is defined under the
rules of the Toronto Stock Exchange.
This press release may contain forward-looking information
within the meaning of applicable securities laws, which reflects
the Company's current expectations regarding future events,
including statements relating to the Company's continued growth in
the U.K. market. In some cases, but not necessarily in all cases,
forward-looking statements can be identified by the use of forward
looking terminology such as "plans", "targets", "expects" or "does
not expect", "is expected", "an opportunity exists", "is
positioned", "estimates", "intends", "assumes", "anticipates" or
"does not anticipate" or "believes", or variations of such words
and phrases or state that certain actions, events or results "may",
"could", "would", "might", "will" or "will be taken", "occur" or
"be achieved". In addition, any statements that refer to
expectations, projections or other characterizations of future
events or circumstances contain forward-looking statements.
Forward-looking statements are not historical facts, nor guarantees
or assurances of future performance but instead represent
management's current beliefs, expectations, estimates and
projections regarding future events and operating performance.
Forward-looking information is based on a number of assumptions,
including, but not limited to: (a) Dye & Durham's results
of operations will continue as expected, (b) the Company will
continue effectively execute against its key strategic growth
priorities, (c) the Company will continue to retain and grow its
existing customer base and market share, (d) the Company will be
able to take advantage of future prospects and opportunities, and
continue to realize on synergies, (e) there will be no changes in
legislative or regulatory matters that negatively impact Dye &
Durham's business, (f) current tax laws will remain in effect and
will not be materially changed, (g) economic conditions will remain
relatively stable throughout the period, and (h) the industries Dye
& Durham operates in will continue to grow consistent with past
experience. Forward-looking information is also subject to a number
of risks and uncertainties, many of which are beyond the Company's
control, which could cause actual results and events to differ
materially from those that are disclosed in or implied by such
forward-looking information. Such risks and uncertainties include,
but are not limited to, the risk discussed under "Risk Factors" in
the Company's most recent annual information form and those set out
in its most recent management discussion and analysis. Dye &
Durham does not undertake any obligation to update such
forward-looking information, whether as a result of new
information, future events or otherwise, except as expressly
required by applicable law.
SOURCE Dye & Durham Limited