Ep 148: Exterro’s Bobby Balachandran, ‘LegalTech CEO of the Year’

Bobby Balachandran, founder and CEO of governance, risk and compliance company Exterro, has just been named LegalTech CEO of the Year in the Legaltech Breakthrough Awards. In a year in which so many legal tech companies have seen significant growth, it is a notable honor. But Balachandran is hardly resting on his laurels. He is already eyeing an IPO in the year ahead.    A computer scientist by training, Balachandran founded Exterro in 2008, quickly convincing a Fortune 100 pharmaceutical company to sign on as his first customer. In 2018, Exterro received a reported $100 million investment – at that point one of the largest investments ever in a legal tech company – and went on to make two major acquisitions – of data privacy company Jordan Lawrence and digital forensics company AccessData.    Balachandran joins host Bob Ambrogi to discuss his leadership philosophy as a legal tech CEO, his company’s formation and growth, his views on the legal tech market, and his plans for his company in the years ahead.    Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out.  Paradigm, home to the practice management platforms PracticePanther, Bill4Time, and MerusCase, and e-payments platform Headnote. Woodpecker, legal document automation for solo and small firms. Legalweek New York, back in person for 2022. A reminder that we are on Patreon. Subscribe to our page to be able to access show transcripts, or to submit a question for our guests.