SOURCE: TyMetrix

TyMetrix

September 26, 2013 08:30 ET

Fox Business Innovation Series Selects TyMetrix as Global Market Leader in Enterprise Legal Management

Series Highlights Market Leading, Cutting-Edge Technology Advancements Such as TyMetrix 360 and TyMetrix Legal Analytics

HARTFORD, CT--(Marketwired - Sep 26, 2013) - TyMetrix, the global leader in intelligent enterprise legal management solutions for mastering the business of law, is proud to be selected by the Fox Business series "Innovations" with Ed Begley, Jr. as the global market leader in enterprise legal management. TyMetrix was the only company selected in the legal technology industry, accentuating its strength in this space. The segment featuring TyMetrix will air on Sunday, September 29th at 5:30 p.m. EDT.

"Innovations" exclusively features companies with the most advanced technology available. It selected TyMetrix as leading provider of intelligent software and services, noting that viewers would be "blown away" by its market-leading technology and cutting-edge advancements which include:

  • Technology that fosters collaboration, such as TyMetrix 360˚, the platform for legal professionals to access and manage legal matters, invoices, claims and e-billing.
  • LegalVIEW®, the largest and most powerful contributory warehouse of legal performance data in the world with over $45 billion in anonymous data.
  • Products that provide predictive models and benchmarking insights for legal departments, claims organizations and law firms to gain a better understanding of their operational strategies and gain a competitive advantage.

"Being featured on the Fox Business Innovation Series is a testament to the hard work across the board, not just at TyMetrix, but from our clients, to help develop game-changing technologies that are ahead of anything else in the market," said Julie Peck, general manager, TyMetrix. "We are honored to be recognized for our efforts in bringing the most innovative tools and analysis available for legal professionals to set real benchmarks and remain competitive in the industry."

The feature segment comes on the heels of the release earlier this year of the advanced user interface for the global TyMetrix 360˚ platform, which is helping transform the business of law. Designed with unique input from TyMetrix clients, obtained through in-depth surveys and visits to client offices to observe how lawyers work, TyMetrix 360˚ provides users with increased functionality that is above and beyond what is available in the market, and responds to today's changing work styles for legal professionals.

In addition, the segment discusses how TyMetrix Legal Analytics is shaping the way legal professionals serve their clients by providing statistics to make informed, data-aided decisions. One of the company's analytics tools shown on the segment is the newly released MatterAnalayzer™, powered by LegalVIEW, a groundbreaking solution that provides real invoice data for law firms on legal fees, hours spent, allocations and hourly rates.

"I congratulate TyMetrix on its selection as a software leader by the Fox Business Innovation Series. TyMetrix is forward thinking in its approach to product design, and we were happy to work with them to help them use a user-centered design approach to redesign its core product," said Karen Holtzblatt, CEO of InContext Design, the firm which collaborated with TyMetrix on the release of TyMetrix 360˚. "Together we went into law offices to understand how TyMetrix could transform the way its clients work. The result was a superior product that has received rave reviews and meets the real needs of customers in the enterprise legal management space."

The approximately seven-minute feature recognizes TyMetrix for its current advancements, but also for being the pioneer in legal e-billing, matter management and performance metrics in the business of law. Numerous TyMetrix executives are interviewed, discussing topics such as the evolving use of mobile technology in law, technology adoption patterns in the U.S. and EMEA, and investments in security based on advanced protocols to ensure the data its clients use is safe.

About TyMetrix
TyMetrix is the global market leader in delivering intelligent enterprise legal management solutions that empower corporate legal departments, law firms and claims organizations to master the business of law. It provides clients with quality legal management software, services and solutions, including spend and matter management, collaboration, performance metrics, and the expertise required to manage risk, reduce costs and gain the insight required to meet their strategic objectives. Its TyMetrix Legal Analytics service combines unparalleled analytical and legal domain expertise with LegalVIEW® -- the world's largest permission based contributory data warehouse of legal performance data -- to provide predictive and analytical models, benchmarking and insights to legal departments and all professionals involved in managing the business of law. TyMetrix is part of Wolters Kluwer Corporate Legal Services. For more information, please visit www.tymetrix.com.

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