Legal departments are increasingly intertwined with – and impacted by — corporate compliance, governance, and legal risk.
This year, concerns over regulatory and global compliance dominated all other top risk areas for the first time in the history of The General Counsel Report, with 30% noting this was their top risk for 2024. In contrast, 25% listed privacy and 15% listed data protection as the number one risk.
The Cost of a Siloed Approach
As organizations continue to grapple with administrative law challenges (changing technologies, ethical and procedural challenges, judicial reviews, etc.), legal operations teams will continue to struggle with limited visibility across multiple systems, matters, and geographic locations.
- Access Issues with matter or risk data within different systems (different logins and permission restrictions; data may be siloed to certain teams).
- Inability to report on matters or legal hold data from across the entire enterprise (different reporting languages and models in disconnected solutions can cause users to rely on reporting that’s fraught with errors. As soon as data is extracted, it is often no longer accurate and timely, causing data latency issues).
- Struggle to perform audits when needing to pull data from multiple systems.
- Lack of executive oversight, with an inability to get an accurate pulse check on data, hold status, or matter progress across the organization.
- At worst: Lawsuits, loss in litigation, fines, etc.
Connecting the Dots: A Unified Framework for Legal Management and Compliance
Harnessing technology, expertise, and collaboration for seamless legal operations and compliance.
Rechtliches Unternehmensmanagement
Ensure every matter type — from employment complaints and breaches of contract to mergers, divestitures, ethics questions, and — is properly captured and managed, across all relevant geographies.
Legal Hold Software
Store, track, and leverage relevant evidence for defensible compliance while increasing hold execution speed.
Automatisierung von Arbeitsabläufen
Build workflows on your own, organize and structure tasks and activities, auto-generate documents, notifications, reminders, enable real-time collaboration, store documents in a central repository, and more.
Leading Regulatory Compliance Platform
Consolidate and connect data across your compliance discovery, ethics, IT, cyber, third-party, model, and enterprise risk management, integrating your controls and data into one consolidated, centralized view.
See How Mitratech Can Streamline Your Enterprise Legal & Compliance Management
Contact us to schedule a demo and discover how our integrated solutions can transform your enterprise legal and compliance management efforts.
The Mitratech Advantage: Continuous Monitoring & Improvement For Your Legal and Compliance Teams
When these elements work together, you improve performance with continuous feedback. Here’s how it works:
- Matter management that seamlessly integrates with legal hold technology gives you better visibility over hold details like hold name and number, the primary attorney, hold status, custodian information and compliance status, matter type and more.
- Legal hold software benefits from inherited matter security via the matter management platform, centralized reporting and data visualization, increased efficiency for staff and attorneys, consistency in reporting, and more.
- Workflow automation underpins the entire process with drag-and-drop design tools, making it simple to design and publish automated processes in only hours or days, not weeks or months.
- Leading compliance and regulatory management technology allows you to access specific capabilities, configure differences, and coalesce data between core systems and departments while building a consistent risk taxonomy across different processes.
Your Result is a More Compliant, High-Performing Workplace with Fewer Data Silos
Market-leading AI and ML to provide sentiment analysis, deliver data summaries, and reduce the amount of manual risk management processes
Improved audit readiness and ease, allowing you to track risks from when they arise through to mitigation and remediation within one system
Seamless data synchronization between your matter management and legal hold solution for better reporting, management, and control
Rapid implementation, onboarding assistance, and seamless data migration for quick time-to-value
One common reporting tool and data language for a single source of organizational truth
No-code simplicity for easy set up and management (without the need for technical expertise or additional service hours)
Start Your Connected Enterprise Legal and Compliance Management Journey with Mitratech
Contact us to schedule a demo and discover how our integrated solutions can transform your enterprise legal and compliance management efforts.
DEMO ANFORDERN
Powerful Solutions That Meet You Where You Are – And Take You Where You Want to Go.
Your existing applications do not have to be replaced or overhauled to start experiencing the benefits of Mitratech Connected Enterprise Legal and Compliance Management. The beauty lies in its ability to meet you where you currently are by integrating with and supplementing your existing legal systems and software — and scale to where you want to be.
Award-Winning Matter Management
Mitratech offers the #1 most widely-used and sophisticated matter management and eBilling software, delivered to the most complex legal teams around the world.
Key benefits:
- Cut the work involved in opening and assigning new matters by 75%
- Schaffung einer einzigen Quelle der Wahrheit für die Rechtsabteilung
- Enable informed, strategic decisions
- Control external legal spend
Streamlined Legal Hold
The Mitratech LegalHold Platform is an intuitive SaaS solution that gives you complete control of every legal hold process, so you mitigate litigation risk, cut costs, and improve outcomes.
Key benefits:
- Save your team up to 75% of administrative time and drive towards 100% compliance
- Draft quick and personalized hold notices, automatic reminders & escalations
- Leverage secure integrations with matter management, Active Directory, and HR systems
- Access a centralized database that is easily accessible for discovery
Learn more about Mitratech LegalHold
Intelligent Workflow Automation
Mitratech TAP Workflow Automation is a cloud-based, no-code solution for automating high-volume, repetitive business processes.
Key benefits:
- Automate workflows on your own, organize and structure tasks and activities
- Auto-generate documents, notifications, and reminders
- Enable real-time collaboration, store documents in a central repository, and more
Einhaltung von Vorschriften
Mitratech has connected its best-in-class products from across our market-leading GRC portfolio to further break down risk siloes that arise from disparate systems and teams.
Key benefits:
- Access a holistic, 360-degree view of risk from across your entire organization
- Surface, manage and report on risk data from our Policy Management, Vendor/Third-Party Risk Management, Ethics Hotline & Compliance Training and EUC & MRM solutions, and more… all within one AI-powered platform
- Drive global compliance
- Risikominimierung durch frühzeitige Bewertung und Reaktion
Ready to See the Benefits for Yourself?
These solutions work together in a powerful feedback loop to connect and approve your enterprise legal management.
