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Centrally Manage Matter Files to Mitigate Risk and Control Legal Costs
Corporate Counsel Face Additional Pressures with Fewer Resources
With a rising tide of corporate litigation, consolidations, mergers, and some
of the century’s most sweeping changes to corporate governance; corporate
legal departments are facing unprecedented workloads and increased scrutiny.
Tight budgets mandate even more vigilance in controlling large costs such as
outside legal fees and discovery requests.
The key business challenge for corporate legal departments is to find an easy,
cost-effective way for attorneys to manage matter files electronically, streamline
Board of Directors communication, manage e-mail as part of the matter file,
improve contract management, and consolidate work product received from outside
counsel.
Interwoven’s solution for corporate legal departments addresses
five key areas:
Managing the matter file -- Create an electronic equivalent of the physical
matter file, including relevant documents, e-mail, scanned images, tasks,
contact information, and more..
E-mail management -- Manage e-mail in the same searchable repository as
all other matter-related files. Perform full-text searches for e-mail messages
and their attachments. Reduce risk of data loss associated with storage of
e-mail in PST files.
Managing outside counsel -- Effectively manage the workloads of internal
teams and external law firms for better utilization without redundancy. Coordinate
activities surrounding each litigation, make more informed decisions, and
better manage outside counsel, to reduce the total cost of litigation, including
outside counsel fees.
Board of Directors compliance -- Centralized WorkSpaces give the Board and
Corporate Secretary complete knowledge and accounts of all information presented
and decisions made with a fraction of the effort or cost. Respond efficiently
to information requests by regulators, assure that the company is in compliance
and reduce the personal liability of the company's officers.
Contract management -- close contracts more efficiently, store work in process,
final documents, and scanned images of executed contracts, create contract
banks to foster content reuse, and provide visibility to authorized users
across the enterprise throughout the contract cycle
Scalable and Extensible Enterprise Document Management and Collaboration
WorkSite can reach far beyond the needs of the legal department. It is a single
platform that integrates document management, collaboration, workflow, knowledge
management and portal views to manage business content throughout its entire
lifecycle. From initial creation and collaboration, through publishing, reuse,
archival and disposition, WorkSite helps companies worldwide maximize the value
of their content to rapidly increase productivity, improve management visibility
and facilitate compliance.
Unparalelled Productivity for the Mobile Professional
In today’s fast-paced environment, business users need the ability to
access information at any time, from any location. This is especially true for
attorneys and other legal professionals who spend a substantial amount of time
on the road. Until now, mobile users had the ability to download specific files
to a laptop for remote use, but they have lacked the ability to use document
management features such as check-in/check-out, versioning and search while
disconnected from the network.
Interwoven OffSite provides users with the virtual equivalent of their matter
or project file, making all matter-related files stored in WorkSite, including
documents, e-mails, scanned images and other content, readily accessible from
the users laptop, even when disconnected from the network. A fully portable
version of WorkSite, OffSite uses the same familiar user paradigms and interfaces
available in online mode, enabling users to browse the file hierarchy, view
and modify existing documents, create new documents and search repository content.
On reconnection to the network, new and updated files are automatically synchronized,
and OffSite’s sophisticated synchronization algorithm resolves any content
conflicts quickly and accurately. Interwoven OffSite provides the anytime, anywhere
availability that today’s highly mobile, fast-paced business professional
demands.
A Proven Solution
WorkSite enables corporate legal departments to reduce risks and legal costs
by more efficiently utilizing outside counsel, improving service and visibility
to the business, streamlining business processes, and reusing work product.
Considered the gold standard for document management for law firms, WorkSite
is used by more than 100 corporate legal departments to meet their evolving
content management and collaboration needs. Want to learn more? Download our
Corporate Legal Solutions
Brief.
Already have a document management solution? There's never been a better time
to switch to WorkSite. More than 200 companies have already made the switch.
To find out why, please visit our Switch
site.
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