Prosperoware Grows Corporate Legal Customers to 30+, Including Many Fortune 500 – CLOC US Institute
Prosperoware technology solves key process gap and helps departments drive client value
PHILADELPHIA – April 20, 2018 – Prosperoware, a leading enterprise software company delivering innovative technology transforming the business of legal and professional services, today announces the company has grown corporate legal customers to more than 30 legal departments.
Prosperoware technology, globally recognized as the gold standard solution for improving adoption, security and governance of document management systems (DMS), helps law departments enable complete matter lifecycle management and, therefore, drive client value. Prosperoware will exhibit at booth #157 at the CLOC US Institute, to be held at the Bellagio Hotel in Las Vegas April 22-25.
Legal departments, under tremendous budgetary pressure, have a business mandate to drive client value. The result is a two-fold strategy: exerting unprecedented control over spend with outside counsel while simultaneously growing their departments to render highly efficient, cost-effective legal services to internal business units.
Key to optimizing legal service delivery is operationalizing matter management processes to monitor and measure performance. When legal departments lack a standardized legal service request (LSR) process–or matter management in general–this lack of standardization hinders operational efficiency. The negative impacts of these process gaps are multiple: delays in service delivery, frequent time loss related to inability to locate LSR content, and ultimately the inability to measure–and manage–different aspects of the department.
Prosperoware helps law departments solve this process gap around their DMS investment with technology that enables complete matter lifecycle management. From initial matter provisioning through ultimate disposition, including workspace creation, file transfers, information governance, managing security across data repositories, advanced analytics, and legal hold, departments can:
- Automate the creation and maintenance of workspaces, IRM records, and SharePoint sites across the full matter lifecycle
- Transfer matter files into and out of the department via integrated workflow with advanced email parsing, file review, and approval processes
- Provide advanced reporting for the department to monitor and measure DMS adoption
- Secure iManage, NetDocuments, Windows File Shares, SharePoint, and other systems
Company CEO, Keith Lipman, says, “As client value becomes the central market message for law firms and legal departments alike, both types of organizations must find the mix of people, process and technology that can deliver it. We are proud of how Prosperoware technology is the technology of choice for some of the world’s largest organizations as they transform operations to meet the client value challenge. We look forward to a great event at CLOC.”
Prosperoware is an enterprise software company providing solutions for law firms, corporate legal departments, and professional services firms. Our customers include half of the G20 and Am Law 200, 64% of the Am Law 100, 40+ global corporations, including many Fortune 500, and the 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:
- Enforcing and automating need to know security and risk management
- Helping firms deliver more client value through predictable fees and insight into work performed
- Empowering professionals to leverage modern profitability metrics, which drive truly informed pricing, budgeting, and delivery decisions
Our teams work primarily from offices in London, Chicago, Philadelphia, Pristina, and Mumbai. Our more than 270 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.