Global News
Prosperoware, a leading enterprise software company delivering innovative technology that connects the business with the practice of legal and professional services, today announces its sponsorship of the 15th Annual Legal Malpractice & Risk Management Conference.
The event will be held March 2-4, 2016 at the Westin Chicago River North in Chicago and will focus on risk management strategies for corporate law departments and their outside counsel.
The LMRM is widely recognized as the industry’s leading conference addressing issues in risk management and legal malpractice. This year’s panelists will specifically address security concerns of General Counsel and Managing Partners, the increasing complexity of Outside Counsel Guidelines from the corporate counsel and law firm vantage points, limiting access to information repositories to effectively meet compliance standards, as well as take a look at the future of the legal services industry as service providers proliferate.
Prosperoware’s Milan and Umbria platforms comprehensively satisfy information governance and empower legal process management, respectively. Specifically, the Milan InfoGov platform helps achieve compliance while simplifying file transfers, confidentiality management, retention, investigations, ethical walls, and more.
Confidentiality management in particular is a core issue clients are demanding in response to an increasing volume of legislation in the U.S., E.U., and elsewhere; firms are being required to shift their security models to “need to know” and must enact exclusion processes to prevent users from accessing matters they are not working on or to keep all or part of many matters confidential. This is as technically challenging as it is operationally complex for firms to implement without negatively impacting their attorneys.
Information governance policies are just one aspect of what is now typically included in modern Outside Counsel Guidelines (OCGs). Delivered along a spectrum of detailed stipulations, outside counsel guidelines now extend well beyond downward pressure on costs to stipulating security and access requirements as well as an array of multi-faceted preferences including third party service providers, staffing of matters, and IT requirements.
Enabling firms to systematize proliferating OCGs, manage the price to value flow in the legal supply chain, as well as deliver mature legal process management is the focus of Prosperoware’s Umbria.
Keith Lipman, President of Prosperoware comments, “Prosperoware is pleased to sponsor the LMRM Conference and to both partake in and lead these business critical conversations confronting the market. We look forward to productive thought leadership—as well as discussing the solutions that will move the industry forward.”
To learn more about Milan for Information Governance, click here.
To learn more about Umbria for Legal Process Management, click here.
Prosperoware is an enterprise software company providing solutions for law firms, corporate legal departments, and professional services firms. Our customers include nearly half of the G20 and Am Law 100 firms as well as large global corporations and Big Four accounting firms. Our innovative software transforms how professionals work and enables firms to deliver more value to clients while protecting profitability. We empower firms to reduce costs, improve profitability, and better compete by:
- Simplifying iManage administration and improving user adoption of electronic files
- Enforcing and automating information governance with a focus on security and risk management
- Improving relationships with clients by delivering predictable fees and beneficial insight into the work performed
- Empowering professionals to leverage modern profitability metrics, which drive truly informed budgeting and pricing decisions
Our teams work primarily from offices in London, Chicago, and Philadelphia. Our more than 255 customers range in size from small firms with just a handful of users to those with more than 14,000. Prosperoware customers include: Akin Gump, Goodwin Procter, Baker Botts, Hill Dickinson, Berwin Leighton Paisner, DLA Piper, Duane Morris, Hughes Hubbard & Reed, Sheppard Mullin, Comcast, and NBCUniversal.
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