Consilio to acquire Lawyers On Demand and SYKE from Bowmark Capital.

Consilio, a legal technology solutions and enterprise legal services provider, agreed to acquire Lawyers On Demand, a flexible legal talent company, and SYKE, a legal technology consultancy, from Bowmark Capital, a pivate equity firm. Financial terms were not disclosed. “The Flexible Talent market remains fragmented and we continue to explore opportunities to create impactful solutions for legal teams as they face an unprecedented amount of talent concerns, as a result of historically high attrition rates, budgetary freezes, and legal industry salary increases out of reach for many corporations. This acquisition brings LOD’s and SYKE’s deep expertise in flexible legal talent and legal technology consulting onboard while unlocking greater scale and capabilities for our clients," Andy Macdonald, Consilio Chief Executive Officer.