TyMetrix and Exterro Partner to Streamline Legal Matter and E-Discovery Management
(Marketwire Via Acquire Media NewsEdge) HARTFORD, CT and PORTLAND, OR -- (Marketwire) -- 01/23/13 --
TyMetrix, the global leader in intelligent solutions for managing the business of law, announced today a partnership with Exterro, the leading provider of unified electronic discovery software, that will integrate the two systems for mutual clients. TyMetrix is adding legal hold and e-discovery management capabilities by integrating the Exterro Fusion® e-discovery suite with its TyMetrix 360 degrees e-billing and management software portfolio. The new partnership and integration will be launched at LegalTech® New York 2013 taking place January 29-31, 2013, in New York.
TyMetrix 360 degrees is designed to help corporate law departments and claims organizations control costs and improve litigation performance. The joint service with Exterro Fusion, which pairs with existing technology for faster execution of litigation tasks, will help clients using both platforms understand how to more effectively control e-discovery costs. Both existing and prospective clients can opt for this service.
"As we continue to evolve TyMetrix 360 degrees as both a global and mobile platform, we have recognized that there is growing client demand to link matter management and e-billing with legal hold and e-discovery processes," said Julie Peck, general manager, TyMetrix. "This partnership begins to fulfill that demand by making it easier for legal teams using TyMetrix 360 degrees and Exterro Fusion to achieve full visibility into the status of matters and capture a full and accurate picture of matter scope, costs and risks."
This partnership will allow TyMetrix clients to immediately tag matters requiring a legal hold in TyMetrix 360 degrees and automatically dispatch relevant matter details to Fusion Legal Hold, an application in the Exterro Fusion suite that automatically sends and manages all legal hold notices from a common software platform. Exterro Fusion will then regularly update TyMetrix 360 degrees with the status of e-discovery efforts, such as the number of custodians, collection details and internal costs associated with the matter for full visibility into activities and costs. In addition, TyMetrix Legal Analytics, a TyMetrix service that combines big data, critical expertise and intuitive tools to deliver business intelligence and benchmark solutions, will further develop integrated processes and capabilities for tracking discovery costs across matters. Clients will also benefit from the clearer picture of total legal costs attached to litigation that Exterro Fusion's e-discovery suite supports.
Greater Visibility into Matter Status and CostsKey benefits of this integration between TyMetrix 360 degrees and Exterro Fusion include:
Streamlined management of matters involving preservation holds and collections Ability to leverage matter information in subsequent legal hold, Early Case Assessment (ECA) and collection activity Elimination of duplicated work and re-keying of information Reduced reporting burdens on the status of legal hold and collection requests Increased ability to track budgets and capture e-discovery costs incurred by internal and contract staff when collecting and preparing evidence for active matters
"The current legal and regulatory climate requires counsel to execute preservation orders and locate relevant evidence quickly and accurately when matters arise. The Exterro-TyMetrix solution mitigates risk by automating the creation of legal hold requests as soon as matters are created and ensures all information managed during the discovery process is accurate," said James FitzGerald, director of strategic alliances, Exterro. "As cases progress, matter information is automatically coordinated with in-place early case assessment and early-stage e-discovery efforts giving counsel the necessary bird's eye view over all case activity, risks and potential costs."
Since TyMetrix 360 degrees is built upon the most highly-configurable SAAS technology, secure integration methods ensure flexibility in deployment whether both systems are hosted or if Exterro Fusion is deployed behind the client's firewall.
This new integration is being showcased at LegalTech® New York 2013, taking place January 29-31, 2013, at The Hilton New York located at 1335 Avenue of Americas in New York, NY. Joint briefings are available at the TyMetrix booth #407 and the Exterro booth #130.
About TyMetrixTyMetrix is the global market leader in delivering intelligent solutions that empower corporate legal departments, law firms and claims organizations to manage the business of law. It provides clients with quality legal management software, services and solutions, including e-billing, matter management and performance metrics, and the expertise required to manage risk, reduce costs and gain the insight required to meet their strategic objectives.
About TyMetrix Legal Analytics, a complementary business to TyMetrix' core software offerings, 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.
About Wolters Kluwer Corporate Legal ServicesWolters Kluwer Corporate Legal Services is the leader in legal process and business performance management. It delivers the people, products and processes to drive transparency, ensure accountability and provide organized, accurate and actionable information for legal, financial and insurance professionals. CLS's business brands -- CT Corporation, NRAI, BizFilings, Corsearch, CT Lien Solutions and TyMetrix -- empower organizations to make better business decisions and be more efficient in today's highly transparent business environment.
Wolters Kluwer Corporate Legal Service is a part of Wolters Kluwer, a market-leading global information services company. Wolters Kluwer had 2011 annual revenues of EUR 3.4 billion, employs approximately 19,000 people worldwide, and maintains operations across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Visit the Wolters Kluwer website for more information.
About ExterroExterro, Inc. is the leading provider of unified e-discovery software. The proven Exterro Fusion® e-discovery platform delivers a 360-degree view into the critical data and workflows required for defensibly and proactively managing e-discovery across the EDRM spectrum. The innovative suite of e-discovery applications built on the Exterro Fusion platform unifies all phases of e-discovery -- from identification, legal hold and early case assessment (ECA) to collection, processing, analysis, review and production. Fusion's open architecture integrates seamlessly with existing business processes and enterprise infrastructures. To learn more, visit www.exterro.com.
Wolters Kluwer Corporate Legal Services
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