Matter Management

Manage your legal department for business results and value

TeamConnect Legal Matter Management is the legal automation system that helps you achieve collaborative accountability within legal operations while managing that function to business performance objectives. You can reduce legal costs, streamline case handling, enforce workflow and traceable document-handling, collaborate with business units, partner with outside counsel, and ensure compliance irrespective of the size and complexity of your legal teams.

TeamConnect Legal Matter Management allows you to strategically execute legal operations with greater visibility into performance, expenses, and risks, and while retaining high confidence in the repeatability of process and accountability of participants in dispersed legal teams.

The challenges of automating corporate legal process, with a combination of inclusive process participation and ability to assure consistency of procedures and traceability for content and actions, define for Mitratech the essence of collaborative accountability.

Our entire architecture is a product of the demands for collaborative accountability in legal automation, including communications and workflow through easy, intuitive user-interface that anyone can use equally well regardless of the functional domain in which they work; information forensics for accountability; and reliable data management for comprehensive reporting and reconstruction of events. Everything Mitratech offers was forged in the demanding customer needs for legal automation, the heart of which is matter management for enterprise legal functions.

Evaluate performance, improve business value, get pinpoint accountability

TeamConnect Matter Management provides you with direct access to meaningful information in management, regulatory and operational reports. Financial and performance reports deliver critical information on outside counsel costs, law firm performance, and win-loss ratio.

TeamConnect Matter Management provides visibility into all of your essential information in real time, with the ability to drill-down to specifics. Vital matter, risk and exposure metrics are available on dashboards and reports including:

• Spend by Matter Category
• Top 10 Matters
• Top 25 Outside Counsel Spending
• Budget Summary
• Invoice Summary
• Settlement Payout
• Matter Count
• Matter Progress   

TeamConnect also allows you to generate on-the-fly reports using custom searches to quickly filter though matters and records.

Consistently retain the right counsel at the right price

• Build a mutually beneficial relationship with outside counsel by collaborating on all phases of the engagement using matter management.
• Find the right attorney, use trusted resources, share documents securely, watch your legal spend and measure your results.
• Maintain vendor profiles that include key information such as approved timekeepers, negotiated rates, areas of expertise, past performance, and current assignments.
• Standardize the selection process with a step-by-step approach that ensures that attorneys are equipped with the information they need to make informed hiring decisions, and avoid conflicts of interest.
• Capture vendor performance on a case-by-case basis so you only hire the vendors that have successfully met department standards in the past.

Reduce legal spend

Control costs with a holistic approach to legal automation – from litigation to liability exposure and ultimate bottom line results. More than just processing legal invoices, integrated within the TeamConnect matter management system, e-billing provides unprecedented control and accounting for company financials impacted by legal activities.

• Ensure 404 compliance through accurate, complete, and consistent accruals.
• Enable law firms to electronically submit accrual data, with full accountability, for fast, accurate reporting to corporate finance.
• Set matter budgets at the case, vendor, and expense or task-code level.
• Set matter budgets annually, quarterly, monthly, as desired.
• Roll up departmental matter budgets to overall legal spend summaries.
• Monitor cost allocations between and among business units.
• Monitor spend as it relates to services.
• Monitor spend as it relates to liability exposure.
• Limit approval of expenditures if they exceed budgets.
• Consistently evaluate matters of similar type to determine assessment.
• Reduce legal fees by assigning the appropriate vendor based on prior experience to ensure good results.
• Send alerts when actual expenditures are near or exceed budgeted allocations.

Streamline invoice submission and review

• Integrated e-billing eliminates bottlenecks, providing a completely automated and configurable electronic invoice approval workflow.
• Accept electronic invoices from trading partners in numerous formats, including LEDES.
• Manage foreign bills electronically with multi-currency, LEDES 98B-International invoices submissions, and VAT support.
• Review, and make adjustments at the line item or fee / expense level.
• Perform automatic validation of vendors, timekeepers, and rates.
• Set approval limits for individual users and define when invoices should be escalated.
• Maintain a complete audit trail of the invoice workflow for auditing purposes.
• Trigger automatic payment processes when integrated with an Accounts Payable system.

Complete matter management keeps legal staff focused on legalities

• Ensure consistency by automating routine tasks so that attorneys can focus on core activities.
• Data entry wizards enable matter information to be entered consistently and validated for accuracy.
• Built-in workflow automatically assigns matters and generates appropriate notifications and reminders.
• Invoices are routed electronically for approval by assigned managing attorneys.
• Automated tasks reduce redundancies in work effort and eliminate time-consuming manual work.
• Synchronized process workflows ensure that all parties work towards corporate goals.

Practice Areas: Litigation; Labor & Employment; Environmental; Regulatory Compliance; General Liability; Contracts & Agreements; Mergers & Acquisitions; Intellectual Property; Real Estate

Industries: Automotive; Energy & Utilities; Financial Services; Government; Healthcare; Insurance; Manufacturing; Pharmaceuticals

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