Agiloft named a Leader in the 2024 Gartner® Magic Quadrant™
Award highlights Agiloft’s continued leadership and innovation in global legal technology
REDWOOD CITY, Calif., November 20, 2024 – Agiloft, a leader in data-first contract lifecycle management (CLM), today announced it has been named the recipient of the 2024 LegalTech Breakthrough “Overall LegalTech Platform of The Year” award.
In its fifth year, the LegalTech Breakthrough Awards program evaluates and recognizes standout legal technology companies, products and services around the globe. This year’s program attracted thousands of nominations from over 12 different countries throughout the world.
“Being named ‘Overall LegalTech Platform of the Year’ is an amazing achievement for us,” said Eric Laughlin, CEO at Agiloft. “It feels great to be recognized for the work we’ve put into building a platform that truly helps legal and contracting teams agree and thrive. We’ve always believed that legal operations shouldn’t be bogged down by manual processes and disconnected systems, and we’ve worked hard to create a platform that solves these problems.”
“Agiloft stands out by offering a powerful, adaptable platform that prioritizes user experience. One-size-fits-all solutions don’t suffice for the legal industry. Organizations are facing increasing complexity in their operations, contract management, regulatory demands, and the need for smarter decision-making. Getting the most out of contracts can be complex but the contract process shouldn’t be,” said Bryan Vaughn, Managing Director, LegalTech Breakthrough. “Agiloft is empowering legal teams to navigate complex challenges with confidence. Combining a user-friendly and customizable nature, along with customer-centric collaboration, Agiloft and its data-first solution streamlines critical functions for effective and efficient contract management. We’re pleased to award them with ‘Overall LegalTech Platform of the Year’ for 2024!”
Over the past year, Agiloft has continued to enhance its offerings through strategic product innovations, including a new generative AI capability, part of the Data-first Agreement Platform to enable legal and contract teams to quickly review and markup contracts, reducing risk without causing endless redlining loops in review process. In addition, Agiloft introduced its new GenAI Prompt Lab™ capabilities and the new ConvoAI Document Q&A™ earlier this year, providing unmatched connectivity between contracts, generative AI large language models, and the people using them.
“This award is really about the value our customers get from our technology, and we’re incredibly proud of the impact we’re making. I’m looking forward to all the exciting things we have planned for 2025,” added Laughlin.
This recognition adds to a growing list of industry accolades for Agiloft in 2024, including being named a Leader in the 2024 Gartner Magic Quadrant for Contract Life-cycle Management, in addition to the ProcureTech100 list, and in the Spend Matters 50 Providers to Know list.
About Agiloft
As the most trusted global leader in data-first contract lifecycle management (CLM) software, Agiloft connects contractual commitments to real business outcomes using its flexible Data-first Agreement Platform (DAP). With contract data as the foundation, customers quickly and collaboratively reach agreement and leverage contract visibility to thrive with competitive advantage. Employing powerful, pragmatic artificial intelligence as a legal force multiplier, and robust integration capabilities as a data liberator, organizations around the world trust Agiloft’s certified implementers to deliver connected, intelligent, and autonomous solutions across the entire contract lifecycle. With a 99.6% implementation success rate, it’s clear why some of the largest companies choose Agiloft to unlock the value of contract data and accelerate business. Learn more at www.agiloft.com.
About LegalTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the LegalTech Breakthrough Awards program is devoted to honoring excellence in legal technologies, services, companies and products. The LegalTech Breakthrough Awards program provides a forum for public recognition around the achievements of LegalTech companies and solutions in categories including Case Management, Client Relations, Data and Analytics, Documentation, Legal Education, Practice Management, eDiscovery and more. For more information visit LegalTechBreakthrough.com
Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.
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