Huron Legal’s Legal Analytics Solution Further Enhances the Value of Mitratech’s Enterprise Legal Management Offerings
AUSTIN, TX–(September 23, 2015) – As legal analytics and benchmarking become an increasingly important tool for the office of the General Counsel, Mitratech, the market-leading provider of Enterprise Legal Management (ELM) solutions, announced today that Huron Legal’s Sky Analytics solution has qualified as a Certified Legal Analytics Partner.
“Leveraging the power of legal analytics drives tremendous value for legal departments seeking to improve their overall performance,” noted Jason Parkman, Mitratech CEO. “Huron Legal’s Sky Analytics solution offers exceptional insight into legal benchmarking data, and our mutual clients are already realizing the benefits of combining their own internal analytics with benchmarked law firm data. As a long-time partner of Huron Legal, we look forward to deepening our relationship through this program.”
Huron Legal’s Sky Analytics solution provides in-house legal departments with a web-based platform to access on-demand legal spend information and analytics. The platform provides a snapshot of legal matters handled by outside counsel and other vendors as well as access to similar information provided by other participating companies for purposes of benchmarking. The dashboard also offers legal departments key performance indicators and trend metrics which can be flexibly analyzed, including by time frame, practice area and business unit. Huron Legal’s Sky Analytics law firm scorecards measure and benchmark specific activities of law firms and lawyers, including rates, billing practices, staffing and matter efficiency.
“The combination of Mitratech’s ELM platforms with the Sky Analytics solution’s real-time legal benchmarking platform creates powerful visibility and transparency for legal departments,” said Doug Ventola, Huron Legal Managing Director. “Many of Mitratech’s clients were some of the earliest adopters of Sky’s solutions, and we are excited to now bring this partnership to their rapidly growing client base at large.” Mitratech’s Certified Legal Analytics Partner program certifies analytics providers that offer market-leading solutions, deliver a unique value proposition to legal departments, can be integrated with Mitratech’s award-winning ELM platforms, and that are fully trained on Mitratech products.
Mitratech is the most trusted, market-leading provider of fully-integrated enterprise legal management solutions for global legal departments of all sizes, including more than 25% of the Fortune 500 and more than 240 legal departments. Mitratech’s offerings are used by over 65,000 corporate users and 9,000 of their external partners (including 100% of the Am Law 200) in over 140 countries. These solutions include the TeamConnect and Lawtrac product platforms, both of which offer end-to-end matter management, spend management, e-Billing, legal hold, contracts management, reporting, and compliance solutions. Mitratech clients are able to prove demonstrable value creation for their organization by automating legal workflows, improving business outcomes through actionable data and insight, increasing collaboration with external partners, and reducing overall legal spend. To learn more, visit www.mitratech.com.
ABOUT HURON LEGAL
Huron Legal is the premier provider of comprehensive solutions for electronic discovery and litigation management, information governance and compliance, law department management, and legal analytics. Our consultants and technology-enabled services assist law departments of major global corporations and their associated law firms to reduce legal spend, minimize risks, and create efficiencies. Huron Legal is not a law firm; it does not offer, and is not authorized to provide, legal advice or counseling in any jurisdiction. Learn more at www.huronconsultinggroup.com/legal or follow us on Twitter: @HuronLegal.