Justice Bid Secures Strategic Investment From OnDean Forward’s Legal Technology Fund
Summary
$4 Million Backing Accelerates Justice Bids Ability to Fill Market GapFor Enterprises Ensure Transparency And ROI Clarity for Outside Counsel SelectionCHICAGO, May 05, 2025 (GLOBE NEWSWIRE) -- , the leading solution provider that delivers transparency and ROI in outside counsel selection by automating the RFP process, announced it has secured a strategic investment of $4 million from OnDean Forward, a new legal technology investment vehicle backed by Andrew Sieja and former executives from Relativity.Despite being a relatively new company, Justice Bid has dozens of Fortune 1000 legal departments using its product to bring efficiency and transparency to outside counsel selection. Justice Bid streamlines the panel management and RFP process for corporate legal departments, leveraging advanced technology, including AI, to enhance decision making with greater speed, transparency, and insight. Justice Bid resets the standard for fiscally responsible outside counsel selection, making law firms and enterprises accountable to each other for driving legal outcomes that matter materially to a business. Its helping set a new industry standard for how law firm relationships are built and managed.This week Justice Bid is exhibiting at the CLOC event in Las Vegas. Justice Bids platform is powered by data-driven insights that bring the selection of outside counsel into the fold of procurement best-practices, thereby ensuring corporate legal departments obtain better matter outcomes, control costs, and simplify processes.