William Bice

Bio

Mr. Bice is a serial Southwest entrepreneur and founding partner of Verge Fund. He started his first business as a freshman in High School, organizing road races like the Duke City Marathon. Bill founded ProLaw Software during the PC revolution while they were still teaching COBOL at the university (from which he subsequently dropped out). Under Bill's leadership as President and CEO, ProLaw achieved an average compound annual growth rate of 78% during the last 5 years as an independent company. ProLaw appeared on the Inc. 500 ranking of the fastest growing companies in the country three years in a row. In 2001, Bill and his team sold ProLaw to West Group, the foremost provider of integrated information solutions to the legal market and a division of what is now Thomson Reuters. During his tenure at West, Bill served on the executive committee in the role of President, ProLaw Software and Vice President, Practice Solutions, during which time he completed the Thomson School of General Management. Bill created the West km business unit, which combines ProLaw technology with West content to create legal-specific knowledge management solutions. For his accomplishments in the creation of the West km business, Bill was co-recipient of Thomson Legal & Regulatory's President's Award for innovation. Bill was on the executive team which completed the acquisition of Elite Information Group, a former competitor to ProLaw Software, and led the product strategy team during the integration transition which combined Elite and ProLaw to create the Thomson Elite business unit. Bill continued in a consulting role with the Thomson Corporation as Chief Strategist, Practice Management Products until 2004. Joining the founding team at Verge was Bill's route to return to startups. Bill founded BoomTime, which is focused on helping small, local service businesses compete with the large chains. Through it's SpaBoom brand, BoomTime has captured over 20% of the day spa market in less than two years since it's marketing launch. Bill serves on the boards of Vertical Power and Nuvita.