Dye & Durham

More than half of Canadians foresee an impending recession, with a third already perceiving economic downturn, reports Dye & Durham. Martha Vallance, COO, pointed to squeezed purchasing power due to high interest rates, affecting housing, retail, and legal services.

Amid economic uncertainty, artificial intelligence emerges as a potential game-changer. However, Dye & Durham’s Q3 2023 Canadian Pulse Report highlights a paradox: 87% experiment with AI, but are hesitant when used professionally.

Bridging the comfort gap is key, especially as AI promises efficiency and accuracy in fintech, requiring client education on its integration.

Want to know more? Check out the source code on Fintech.ca.

Dye & Durham has launched the Unity® global platform, a game-changer for legal practice management. This all-in-one destination offers client intake, task management, accounting, and more, streamlining operations for legal professionals.

With a $60 million investment this year, the platform aims to enhance practice management capabilities in Canada, the UK, Ireland, Australia, and South Africa.

Unity® Global ensures a seamless experience, enabling users to access products and services in one location, with one login and a single bill. CEO Matthew Proud sees it as a transformative achievement, positioning Dye & Durham as a leader in legal technology.

Want to know more? Check out the source code on Fintech.ca.

Dye & Durham Limited, a leading provider of cloud-based legal practice management software, announced today that it has achieved a significant milestone by surpassing $100 million in annual recurring revenue (ARR). This achievement positions the company strongly for future growth.

The ARR milestone was reached this week, reflecting an impressive increase of $33 million since March. The growth can be attributed to high demand for Dye & Durham’s software products, new sales initiatives, and recent acquisitions in the legal practice management market.

Dye & Durham aims to drive ARR to over 50% of total revenue by the end of fiscal 2026 while maintaining annual adjusted EBITDA growth of 20-25%. According to CEO Matthew Proud, this accomplishment showcases the team’s dedication and paves the way for continued momentum.

Want to know more? Check out the source code on Fintech.ca.