Click here to close now.

Welcome!

News Feed Item

Mitratech Reaches Agreement to Acquire TeamConnect Legal Hold Product From Kiersted Systems

Acquisition Strengthens Mitratech's Ability to Invest And Innovate Upon the TeamConnect Legal Hold Product, a Key Component of Its Industry-Leading, End-to-End Enterprise Legal Management Platform

AUSTIN, TX -- (Marketwired) -- 06/09/14 -- Mitratech, the leading provider of enterprise legal management solutions, announced today that it has reached agreement to acquire TeamConnect Legal Hold, previously a white-label solution for TeamConnect, developed by Kiersted Systems. This acquisition of TeamConnect Legal Hold further solidifies Mitratech's position as the most comprehensive provider of enterprise legal management solutions in the corporate legal industry.

While TeamConnect clients have been able to utilize the TeamConnect Legal Hold product as a key module on the TeamConnect platform for the last 4 years, direct control over the product will allow Mitratech to expand its investment and innovation in a product that provides significant value to the Office of the General Counsel.

"Our partnership with Kiersted Systems has been invaluable over the past 4 years," noted Mitratech CEO Jason Parkman. "With their support, almost 20% of TeamConnect clients have taken advantage of TeamConnect Legal Hold's mission-critical functionality. It is because of the value that our clients realize in this product that we pursued this acquisition."

Kiersted Systems President George Kiersted adds, "We look forward to a continued partnership with Mitratech as a key implementation partner for TeamConnect solutions, and we are proud that our development of the TeamConnect Legal Hold product has created value for legal departments globally."

TeamConnect Legal Hold helps legal staff create, maintain, and enforce a legal hold process that can withstand judicial scrutiny, minimizing the overall risk to the business. Legal departments are able to:

  • Identify matters requiring legal hold early in the matter lifecycle, reducing risk to the organization
  • Select custodians using integration with an HR database
  • Get visibility throughout the legal hold lifecycle and quickly pull documentation needed for court appearances, with powerful out-of-the-box reporting.
  • Send email notices to custodians and non-TeamConnect users, directing them to a secure site where they can attest to compliance and understanding of holds.
  • Access recipient responses through mobile devices
  • Get real-time tracking agreement and compliance
  • Assert greater control of the discovery process by storing matter management and legal hold information in one central location

With almost 30 years of experience as the authority in enterprise legal management solutions, including matter management, spend management, contracts management, compliance solutions, and legal hold, Mitratech's products are used by more than 25% of the Fortune 500 and 100% of the Am Law 200. To learn more, visit www.mitratech.com

ABOUT MITRATECH

Mitratech is the leading provider of fully integrated enterprise legal management solutions for global legal departments of all sizes, including more than 25% of the Fortune 500 and more than 220 organizations in all. Mitratech's offerings include the flexible, comprehensive, and trusted TeamConnect and Lawtrac product platforms, both of which offer end-to-end matter management, e-Billing, legal hold, contracts management, entity management and GRC solutions. Mitratech clients are able to prove demonstrable value creation for their organization by automating legal workflows, improving business outcomes through actionable data and insight, increasing collaboration with external partners and reducing overall legal spend. To learn more, visit www.mitratech.com

ABOUT KIERSTED

Kiersted provides radically efficient electronic discovery and consulting services to law firms and corporate legal departments. With nearly three decades of exceptional service and proven results, clients rely on Kiersted for some of the largest and most complex projects. Their seasoned professionals help meet deadlines, manage costs, and reduce risk. Kiersted's consulting services provide expertise in matter management, electronic billing and legal hold. As a Relativity Premium Hosting Partner with kCura's Relativity Best in Service designation, Kiersted provides the best possible Relativity experience, combining exceptional project managers, talented developers, and a rugged, sophisticated infrastructure. Kiersted has offices in New York, Houston, and Newport Beach. To learn more, visit www.kiersted.com.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
In the midst of the widespread popularity and adoption of cloud computing, it seems like everything is being offered “as a Service” these days: Infrastructure? Check. Platform? You bet. Software? Absolutely. Toaster? It’s only a matter of time. With service providers positioning vastly differing offerings under a generic “cloud” umbrella, it’s all too easy to get confused about what’s actually being offered. In his session at 16th Cloud Expo, Kevin Hazard, Director of Digital Content for SoftL...
"A lot of the enterprises that have been using our systems for many years are reaching out to the cloud - the public cloud, the private cloud and hybrid," stated Reuven Harrison, CTO and Co-Founder of Tufin, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
To many people, IoT is a buzzword whose value is not understood. Many people think IoT is all about wearables and home automation. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed some incredible game-changing use cases and how they are transforming industries like agriculture, manufacturing, health care, and smart cities. He will discuss cool technologies like smart dust, robotics, smart labels, and much more. Prepare...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world...
SYS-CON Events announced today that JFrog, maker of Artifactory, the popular Binary Repository Manager, will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based in California, Israel and France, founded by longtime field-experts, JFrog, creator of Artifactory and Bintray, has provided the market with the first Binary Repository solution and a software distribution social platform.
In his session at 16th Cloud Expo, Simone Brunozzi, VP and Chief Technologist of Cloud Services at VMware, reviewed the changes that the cloud computing industry has gone through over the last five years and shared insights into what the next five will bring. He also chronicled the challenges enterprise companies are facing as they move to the public cloud. He delved into the "Hybrid Cloud" space and explained why every CIO should consider ‘hybrid cloud' as part of their future strategy to achi...
"We have a tagline - "Power in the API Economy." What that means is everything that is built in applications and connected applications is done through APIs," explained Roberto Medrano, Executive Vice President at Akana, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
"We got started as search consultants. On the services side of the business we have help organizations save time and save money when they hit issues that everyone more or less hits when their data grows," noted Otis Gospodnetić, Founder of Sematext, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
Containers are changing the security landscape for software development and deployment. As with any security solutions, security approaches that work for developers, operations personnel and security professionals is a requirement. In his session at DevOps Summit, Kevin Gilpin, CTO and Co-Founder of Conjur, will discuss various security considerations for container-based infrastructure and related DevOps workflows.
Internet of Things is moving from being a hype to a reality. Experts estimate that internet connected cars will grow to 152 million, while over 100 million internet connected wireless light bulbs and lamps will be operational by 2020. These and many other intriguing statistics highlight the importance of Internet powered devices and how market penetration is going to multiply many times over in the next few years.
Internet of Things (IoT) will be a hybrid ecosystem of diverse devices and sensors collaborating with operational and enterprise systems to create the next big application. In their session at @ThingsExpo, Bramh Gupta, founder and CEO of robomq.io, and Fred Yatzeck, principal architect leading product development at robomq.io, discussed how choosing the right middleware and integration strategy from the get-go will enable IoT solution developers to adapt and grow with the industry, while at th...
The most often asked question post-DevOps introduction is: “How do I get started?” There’s plenty of information on why DevOps is valid and important, but many managers still struggle with simple basics for how to initiate a DevOps program in their business. They struggle with issues related to current organizational inertia, the lack of experience on Continuous Integration/Delivery, understanding where DevOps will affect revenue and budget, etc. In their session at DevOps Summit, JP Morgenthal...