Filevine Acquires Parrot, Boosting AI Legal Services
Deal News | Apr 23, 2025 | Globenewswire
Filevine, the leading legal work platform, has announced its third strategic acquisition by acquiring Parrot, a full-stack platform designed for transcribing, scheduling, and managing depositions. Filevine's CEO, Ryan Anderson, highlighted that this acquisition is more than just an expansion; it's a transformation in how legal professionals operate. Founded by Eric Baum, Bryan Baum, and Tomas Scavnicky, Parrot offers advanced technology in speech recognition and other legal tech functionalities. This acquisition allows Filevine to extend its capabilities into remote deposition services, transcript automation, and medical record management, significantly enhancing the efficiency of legal workflows. Aaron OBrien, Parrot's CEO, along with his team, will join Filevine to further strengthen its position in the legal tech industry. Full integration of Parrot services with Filevine's offerings, including AI-powered features through Depo CoPilot and FilevineAI, will roll out shortly to their clientele.
Sectors
- Legal Technology
- Artificial Intelligence
Geography
- United States – Filevine is based in Salt Lake City, Utah, and Parrot is headquartered in New York City. The acquisition affects the U.S. legal and technology markets.
Industry
- Legal Technology – The acquisition of Parrot by Filevine significantly affects the Legal Technology industry by enhancing AI-powered legal services and workflow automation.
- Artificial Intelligence – Parrot's AI-driven tools for deposition and record management are a key component of this sector, making it relevant to the article.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Filevine | Acquirer | Company | A leading legal work platform for managing complex legal work. |
| Parrot | Target Company | Company | A full-stack platform providing deposition and legal management services with an AI focus. |
| Ryan Anderson | CEO of Filevine | Person | Leads Filevine and sees the acquisition as transformative. |
| Aaron OBrien | CEO of Parrot | Person | Brought in to scale Parrot's vision and will join Filevine. |
| Eric Baum | Co-founder of Parrot | Person | Special Victims Unit prosecutor who co-founded Parrot to disrupt traditional court reporting. |
| Bryan Baum | Co-founder of Parrot | Person | Tech entrepreneur and investor who co-founded Parrot. |
| Tomas Scavnicky | Technologist and Co-founder of Parrot | Person | Helped develop Parrot's proprietary technology. |
| Cain Elliott | Chief Legal Futurist at Filevine | Person | Describes the transformative impact of the acquisition in legal workflows. |