Welcome!

News Feed Item

Mitratech Unveils the Latest Evolution in Legal Management Technology

New Version of TeamConnect Enables Legal Departments to Stop Compromising on Their Legal Management Software Selections

AUSTIN, TX -- (Marketwired) -- 06/23/14 -- Mitratech, the leading provider of enterprise legal management solutions, announced today the release of the next generation of its highly agile and sophisticated TeamConnect platform. While the 4.0 version of TeamConnect continues to offer fully integrated, comprehensive legal management products Mitratech is known for -- including matter management, spend management and e-Billing, contract management, legal hold, and compliance solutions -- this highly configurable and upgradable platform revolutionizes legal technology expectations.

"Today, legal departments are offered two choices: they can get up and running quickly with out-of-the-box products and process apps that offer limited functionality, minimal security, and only basic configurability OR they can spend months and millions of dollars implementing a complex, robust enterprise solution that is likely going to take the same amount of time to upgrade a year or two from now. We don't believe either of these options is satisfactory," said Mitratech CEO Jason Parkman.

"The new TeamConnect allows legal departments to stop compromising. It offers the robust, sophisticated functionality that TeamConnect has long been known for -- while ensuring that the product can be implemented, administered, configured, and upgraded in an efficient and sustainable manner, resulting in lower total cost of ownership for our clients. We know that both of these goals are incredibly important, and we are thrilled to offer the only solution that fulfills both of these needs."

Early results show that an average TeamConnect client will see the payback period on their initial investment cut by 43% due to increased configurability, faster implementation, and new functionality.

Key components of the latest release ensuring that legal administrators can configure and maintain the solution efficiently and sustainably include:

  • Highly configurable financials and collaborative budgeting that enable clients to track spend and reduce costs using the methods that work best for their business
  • Best-in-class workflow design that offers the flexibility legal departments need to handle both simple and complex procedures, while removing administrative burdens and improving efficiency
  • An easy-to-use screen design tool that allows administrators to quickly modify existing screen designs and generate new designs from scratch without the need for any customizations
  • Enhanced search and record editing functionality that improves TeamConnect's usability, leading to improved adoption and productivity

For clients on the new TeamConnect, upgrades are also much simpler due to the high configurability of the solution (reducing reliance on customizations) and the availability of new tools designed specifically for TeamConnect upgrades:

  • An upgrade toolkit that offers a suite of tools that significantly reduces the time and effort to perform upgrades
  • An enhanced API layer that ensures any customizations that clients create are easily upgradable from version to version

These enhancements, combined with the deep existing functionality of TeamConnect, offer clients a sustainable platform for innovation -- one that enables the legal department to be the best-run function in the corporation. By consolidating management of all critical legal functions, TeamConnect gives legal departments greater visibility into legal operations -- helping to increase legal staff productivity, improve collaboration with internal partners and outside counsel, lower total legal spend, and drive more predictable and strategic business outcomes.

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

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
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will d...
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Le...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
As Cybric's Chief Technology Officer, Mike D. Kail is responsible for the strategic vision and technical direction of the platform. Prior to founding Cybric, Mike was Yahoo's CIO and SVP of Infrastructure, where he led the IT and Data Center functions for the company. He has more than 24 years of IT Operations experience with a focus on highly-scalable architectures.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
CI/CD is conceptually straightforward, yet often technically intricate to implement since it requires time and opportunities to develop intimate understanding on not only DevOps processes and operations, but likely product integrations with multiple platforms. This session intends to bridge the gap by offering an intense learning experience while witnessing the processes and operations to build from zero to a simple, yet functional CI/CD pipeline integrated with Jenkins, Github, Docker and Azure...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Dhiraj Sehgal works in Delphix's product and solution organization. His focus has been DevOps, DataOps, private cloud and datacenters customers, technologies and products. He has wealth of experience in cloud focused and virtualized technologies ranging from compute, networking to storage. He has spoken at Cloud Expo for last 3 years now in New York and Santa Clara.
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.