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Bodhala Raises $10M to Help Businesses Optimize Legal Spend Like Never Before

Using big law firms can come with steep price tags. Recently, Sears made headlines for filing bankruptcy and being billed over $200M by lawyers and advisors, leaving Sears with little remaining to pay employee severance. Bodhala is the legal spend management platform built for legal teams to optimize and understand their outside counsel spend in a centralized platform. The platform also offers a global data set that tracks over 32,000 law firms and 265,000 lawyers, allowing companies to benchmark their legal spending versus their competitors. Already used by clients in the financial services, healthcare, insurance, energy, and private equity, Bodhala has experienced 300+ percent growth in both revenue and headcount.

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