Mitratech has launched a new SaaS product for legal customers.
Mitratech’s Senior Vice President, Product Management, Chris Kraft launched TeamConnect Essentials solution in the UK and Europe at CLOC 2019 London Institute. This is an SaaS legal operations solution, designed for legal departments that are early in their transformation journey.
“Essentials was launched in the U.S. last year in October and is already gaining momentum. Legal teams in the UK and Europe are no exception to the challenge of doing more with less, so it only makes sense to deliver a solution that will help reduce legal spend and save time. We’ve found that solutions like Essentials can result in saving £200,000 per year in estimated staff time for a legal department of 10, and can reduce overall legal spend by as much as ten per cent.”
Mitratech has recognised the growing demand from legal departments of all sizes for better, faster, less expensive business operations and has experienced continued growth, innovation and recognition as a result of addressing these industry needs.
Mitratech acquired ThinkSmart and TAP, the workflow automation solution, in April 2018. TAP was integrated with the enterprise version of TeamConnect and TeamConnect Essentials using TAP ’s workflow automation engine to extend TeamConnect’s reach across the enterprise.
Mitratech added 80 new clients spanned five continents in 2018, and grew the total number of law firms using our e-Billing solutions by 25 per cent, with 10 per cent growth in total legal spend being processed through its e-Billing portal, Collaborati.
Mitratech CEO Jason Parkman said: “Growth in clients and activity across the industry continues to show that legal is rising,” said “We have embraced the expanded importance and responsibility of legal for our clients and are committed to continued innovation to transform the legal industry. We’re proud of how these efforts continue to be recognised.”
