Trajectory Capital Management Invests in Legal Decoder; David Solomon Appointed CEO to Lead Next Phase of Growth

NEW YORK, Sept. 29, 2025 /PRNewswire/ --  Legal Decoder, the AI platform recognized as the category leader in legal spend management and a 2025 ACC Value Champion winner, today announced a strategic investment from Trajectory Capital Management and the appointment of David Solomon as Chief Executive Officer. Solomon joins Co-Founders Joseph R. Tiano Jr., who transitions from CEO to President, and Chris Miller, who continues as Chief Technology Officer.

Legal Decoder's platform has delivered stunning results for both Fortune 500 legal teams and AmLaw 100 firms. On the corporate side, clients have saved tens of millions of dollars - including a 25% spend reduction by a Tier 1 global investment bank on a substantial portion of its matters - while achieving tighter billing guideline compliance and sharper insight into firm behavior. Law firms using the platform have improved realization by over 10%, accelerated review cycles by 70%, and reduced disputes by 30%. One Am Law 100 firm reported a 25% drop in flagged line items as billing hygiene improved.

"Throughout the past decade, our analytics platform has turned gut feelings into data-driven, actionable intelligence that drives better results for both law firms and legal departments," said Tiano. "Now that we're squarely in the era of AI, our partnership with Trajectory, Chris and our development team's commitment to deploying best-in-class tools, and David's arrival as CEO, we have the team in place to expand Legal Decoder's impact dramatically. Clients have been realizing millions of dollars in value and we're ready to deliver that at scale."

David Solomon, who built GLG's Law business into its fastest-growing division and previously served as a senior executive at the industry-leading ALSP Axiom, recognizes Legal Decoder as a definitive technology in the evolution of legal services billing.

"For decades, law firms and clients have accepted opaque billing as business as usual. That era is ending," Solomon said. "Legal Decoder is the world-class product that makes outdated billing practices obsolete and a data-driven evaluation of the value of legal services the norm. We're not tweaking around the edges - we're rewriting the rules. Legal Decoder is about to help the industry make a leap forward."

Trajectory Capital Management, a growth equity firm investing in industry-leading enterprise software solutions, underscored the potential.

"Legal Decoder is addressing one of the most critical pain points in the legal industry -optimizing legal spend," said Michael Frankel, Lead Partner at Trajectory Capital Management. "Our AI-driven platform brings the transparency and efficiency the market has been waiting for. With David, Joe, and Chris leading the way, Legal Decoder is positioned for extraordinary growth."

With world-class technology, a proven leadership team, and the backing of Trajectory Capital Management, Legal Decoder isn't just incrementally improving legal billing - it's changing the whole ballgame.

About Legal Decoder

Legal Decoder is the AI-powered leader in legal spend management. The company's Legal Spend Analytics technology analyzes legal spend and billing data to ensure more accurate pricing of legal services while at the same time ensuring best-in-class efficiency in service delivery, unwavering outside counsel guideline compliance and optimal value in legal services delivered for both corporate legal departments and law firms. For more information, visit www.legaldecoder.com.

About Trajectory Capital Management

Trajectory Capital Management is an enterprise technology fund investing in software, data services and application AI. The founding partners have collaborated for the past 15 years, and previously led both operating, acquisition, and investing teams. Over the past three decades, the fund's partners have invested in and acquired dozens of companies and have been involved from early-stage through to billion-dollar outcomes.

Media Contact

David Solomon
CEO | Legal Decoder
[email protected]
917.744.7627

SOURCE Legal Decoder, Inc.