The 2021 HBR Law Department Survey ranked TeamConnect as the most used matter management system among law departments.
AUSTIN, Texas, April 6, 2022 /PRNewswire/ -- Mitratech, a leading provider of legal and compliance software, announced today that TeamConnect was rated the most widely used matter management system and the second most widely used e-Billing system in the 2021 HBR Consulting Law Department Survey.
The annual HBR Law Department Survey is the leading source of benchmarking data for corporate law departments, providing comprehensive data on legal spending, staffing, operations, technology, outside counsel management, and compensation. The Survey, now in its seventeenth year, continues to expand its focus on global legal function management, including data from over 160 participating companies representing over 15 industries.
The survey gathers comprehensive data on legal staffing, spending, organizational structure, operations, outside counsel management, and technology with 65% of the respondents among the Fortune 500.
TeamConnect is the proven end-to-end platform for Legal Operations to deliver more efficient legal services to the rest of the organization, combining matter management, e-billing, legal spend management, document management, reporting and analytics, and processing automation.
"We are thrilled to have TeamConnect named in this top spot as the most widely used matter management system in the venerable HBR Consulting Law Department Survey," said Mike Williams, CEO, of Mitratech. "TeamConnect has received industry accolades by various analyst firms, and it's even more exciting to be recognized by our users as a leader. This distinction reflects the strong partnership we have with our clients who co-innovate alongside us to drive improved legal results and outcomes for their organizations."
Mitratech's TeamConnect was recognized as an industry leader in the 2021 Hyperion Research MarketView™ and the IDC MarketScape Analyst Reports – Worldwide Enterprise Matter Management 2020 Vendor Assessment.
The full survey results are available here: https://info.hbrconsulting.com/benchmarking-legal-information-services-survey-takeaways-2021
Mitratech is a proven global technology partner for corporate legal, risk, compliance, and HR professionals seeking to maximize productivity, control expense, and mitigate risk by deepening organizational alignment, increasing visibility, and spurring collaboration across the enterprise. Mitratech is a partner to more than 1,800 organizations across the globe, spanning over 160 countries.
Mitratech Holdings Inc. is majority-owned by Ontario Teacher's Pension Plan (OTPP), a leading global investment firm. A minority stake in Mitratech is owned by Hg Capital.
For more info, visit: www.mitratech.com
SOURCE Mitratech Holdings Inc
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