SOURCE: Mitratech

Mitratech

April 20, 2010 12:30 ET

Mitratech Enhances TeamConnect Legal Hold With Streamlined UI; Tightens Integration With Its Industry-Leading Matter and Spend Management Applications

Addresses Critical Need for "Matter-Centric" Approach to Legal Holds to More Effectively Protect Against e-Discovery Liabilities

LOS ANGELES, CA--(Marketwire - April 20, 2010) - Mitratech, the leader in collaborative accountability applications including legal operations automation, today announced release of a new version of TeamConnect Legal Hold, the latest application in its suite of TeamConnect Legal solutions. A powerful, yet easy to use solution for managing corporate hold processes, costs and risks, TeamConnect Legal Hold, now includes an enhanced user interface, more intuitive navigation, and tighter integration with TeamConnect's industry-leading matter management and spend management applications. When integrated with TeamConnect Matter Management and eBilling, high-liability actions associated with legal holds are visible to everyone pertinent and handled within the unified user environment for legal automation that TeamConnect provides.

TeamConnect is a holistic platform for automating the significant legal and governance, risk management and compliance processes of enterprise organizations while enabling more productive collaboration and control over costs and liability. As a comprehensive solution, the complete suite of TeamConnect applications enables corporations to link a defensible, repeatable and collaborative process for managing legal holds and the related collection of Electronically Stored Information (ESI) with a comprehensive set of automated Matter and Spend Management functions. Connecting automated processes for managing the collection of relevant ESI over the life of a legal hold to collaborative tools for matter and spend management provides legal departments with greater control over legal holds costs and protection against sanctions and liability related to e-discovery. This "matter-centric" approach to legal holds reduces cost, complexity and risk associated with not meeting FRCP standards and related court-mandated disclosure requirements. 

"E-discovery represents significant challenges for global corporations struggling to manage a complex set of activities involving multiple parties inside and outside of the organization while facing stiff penalties for error," said Afshin Behnia, CEO of Mitratech. "By fully integrating legal holds with matter and spend management, we have extended the reach of our platform to provide comprehensive protections. The net effect of this automation and centralization is to provide the legal department with a robust mechanism to present defensible legal hold policies and actions in court."

Mitratech Partner Kiersted Mates Their Domain Expertise to TeamConnect

TeamConnect Legal Hold is the first application developed by an implementation partner for Mitratech's legal automation platform. Kiersted / Systems, a leader in electronic discovery and legal technology consulting, developed the Legal Hold module to address the growing complexity and risks associated with e-discovery. Kiersted / Systems leveraged the TeamConnect platform's open architecture to build solution capacity that adheres to industry best practices for making the holds process internally trackable and externally enforceable. Mitratech has integrated the Legal Hold solution into the latest version of TeamConnect and now offers the module to its customers, providing additional support as needed. 

"Central to our TeamConnect platform is the ability of partners and customers to modify and expand the solution capabilities to address changing needs and demands," continued Behnia. "Kiersted Systems is a thought leader in the marketplace and we welcomed their extension of our solution as a best-of-breed approach to automating the legal holds process and minimizing corporate exposure and costs."

"Mitratech is a leading innovator in providing corporations with broad powers to automate and ease key legal and compliance processes with a flexible and extendable platform that can adhere to emerging needs and requirements," said George Kiersted, President of Kiersted / Systems. "We are pleased to partner with Mitratech to build new capabilities that expand the TeamConnect platform while furthering our industry's ability to address new challenges."

About Mitratech
Mitratech provides market-leading Collaborative Accountability Applications for businesses and their trusted partners. Mitratech's TeamConnect platform has proven the value of collaborative accountability in corporate legal operations, government case management, compliance and insurance claims litigation management. Applications built on the TeamConnect platform improve the transparency of financial reporting, reduce exposure to risk and boost operating discipline, information security and the efficiency of enterprise processes. The company's Collaborati browser application also meets the accountability and collaboration needs of proliferating extraprise teams, wherein vendors, partners and service providers often have to be included in sensitive teamwork projects such as electronic billing, litigation hold and collaborative budgeting, or those which expose businesses to liability. http://www.mitratech.com 

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