CT TyMetrix and Legal OnRamp Partner to Accelerate Legal Transformation Through Networking and Spend Data
Collaboration Equips Corporate Law Departments with Enhanced Modeling and Spend Management Capabilities around Legal Costs
HARTFORD, Conn., March 3 /PRNewswire/ -- CT TyMetrix, part of CT, a Wolters Kluwer business and the premier provider of Web-based legal management solutions for corporate law departments and claims organizations, today announced a partnership with Legal OnRamp to collaborate on linking Web 2.0 content, playbooks and profiles with CT TyMetrix's industry-leading legal spend management and business intelligence expertise.
The Legal OnRamp platform enables corporate counsel to share information and simplify workflows within the legal department (SecureRamp "Playbooks") or across a broader network of experts, corporate peers and outside law firms (Legal OnRamp "Profiles"). OnRamp uses leading Web 2.0 collaboration technology to improve productivity and reduce costs of legal work. Legal OnRamp is the first Web 2.0 system to integrate a general "walled garden" community with discrete, privileged, secure legal department productivity platforms.
David Curle, Director and Lead Analyst of Outsell, the leading publishing analyst firm, said, "The TyMetrix-OnRamp partnership is the first in a series of moves by key players toward a restructured legal services industry and an integration of content, workflow and data at the client. Driven by in-house counsel, OnRamp has clearly become the leading professional networking platform in law and the focal point for change among in-house lawyers. Stay tuned!" (http://www.outsellinc.com/about_us/employees/David_Curle )
As part of the collaboration, CT TyMetrix will establish Data Point, an online environment within Legal OnRamp to help clients understand and harness the power of their data and more effectively manage their legal spend. CT TyMetrix will also collaborate with Legal OnRamp to capture and share client feedback on lawyer performance and offer current TyMetrix customers the opportunity to license the SecureRamp platform developed by Legal OnRamp in partnership with Cisco.
"The Legal OnRamp partnership enables CT TyMetrix to utilize the strength and knowledge of our people, products and services to provide valuable spend management data to the market," said John Weber, general manager, CT TyMetrix.
Legal OnRamp evaluated several e-billing and matter management software providers before deciding to partner with CT TyMetrix because of its vast base of sophisticated customers and its vision and execution around how to use data to make legal spend more efficient and manageable, according to Paul Lippe, a founder of Legal OnRamp.
"CT TyMetrix is also the leader in offering a Software-as-a-Service hosted solution, using the power of the network to empower corporate law departments to successfully collaborate with outside law firms and service providers," Lippe said. "That technology vision meshed well with Legal OnRamp's use of the most innovative Web 2.0 approaches to helping legal professionals do their jobs better and more efficiently."
About Legal OnRamp
Started by General Counsel, Legal OnRamp is the leading Web 2.0 Platform for law, helping legal departments reduce costs and improve quality through Collaboration. www.legalonramp.com
About CT TyMetrix
CT TyMetrix, part of CT, is the market leader in Web-based legal management solutions for corporate law departments and claims organizations. It provides clients with quality legal management software – including e-billing, matter management and performance metrics – and the expertise required to reduce costs, improve results and gain the insight required to meet their strategic objectives. CT TyMetrix is based in Hartford, Conn., with business operations in Chicago and London. For more information, please visit www.cttymetrix.com or www.cttymetrix.co.uk.
CT, a Wolters Kluwer business, provides the tools to help legal and financial professionals manage risk on many levels. From managing corporate compliance to legal department performance, trademark protection to matter management and electronic data discovery to preparing cases for litigation, CT has the right solution to meet a host of needs. CT is based in New York. For more information, please visit www.ctlegalsolutions.com.
About Wolters Kluwer
Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer had 2008 annual revenues of euro 3.4 billion, employs approximately 20,000 people worldwide and maintains operations in over 35 countries across Europe, North America, Asia Pacific and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Visit www.wolterskluwer.com for information about our market positions, customers, brands and organization.
SOURCE CT TyMetrix
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