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Mitratech
to Provide FirstEnergy with TeamConnect Legal To Manage Matters, Monitor
Risk, and Reduce Legal Expenditure
TeamConnect
Legal’s Matter Management solution to help FirstEnergy meet business
requirements and manage costs
LOS
ANGELES, CA, May 23, 2006
- Mitratech, a leading provider of software solutions for legal
departments to manage matters, risks, and to ensure compliance, today
announced that FirstEnergy has selected TeamConnect Legal to optimize
legal operations and support business strategies. After comprehensive
competitive evaluations, FirstEnergy chose TeamConnect Legal for its
unique ability to meet the FirstEnergy legal team’s reporting needs in
a user-friendly format.
“As our business continues to grow and reporting requirements
increase, it is important to have a system that provides a real-time
holistic view into pending matters as well as the ability to control
legal spend," explained Gary D. Benz, associate general counsel at
FirstEnergy. “TeamConnect Legal can provide us with that along with
the flexibility to evolve as our business drivers and competitive
pressures likewise evolve."
TeamConnect Legal will initially be implemented for 40 FirstEnergy
users, to reduce the costs and time associated with managing legal
matters.
“We are very excited to automate FirstEnergy’s legal department and
to support their business strategies using our technology," said
Afshin Behnia, President and CEO of Mitratech. “Industry experts agree
that matter management solutions can reduce a company’s legal
expenditures up to 20%. Our 18 years of legal domain expertise across
industries, including Utilities & Energy, together with our superior
technology gives us the competitive advantage required to implement a
solution capable of delivering bottom-line results."
About Mitratech
Mitratech Holdings, Inc. is a leading provider of matter-centric legal
solutions and on-line services for Fortune-size companies, staff
counsel, and government agencies that represent the world’s leading
enterprises. Mitratech's TeamConnect Legal Suite allows progressive
legal departments to monitor litigation, asset, and compliance risk and
reduce legal spend. Since 1987, Mitratech’s domain expertise and
superior technology has enabled more than 250 organizations across all
industries to take a business-focused and results-oriented approach to
the challenges facing legal departments. For more information, please
visit www.mitratech.com. |