Leading Law Firms Organize, Find, and Govern Their Business Content with Interwoven
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New Global Customers, Innovative Product Offerings, and Competitive Wins Extend Interwoven's Leadership Position in Legal Industry
NEW YORK, Feb. 5 / -- LEGALTECH 2008 -- With the explosion of information and rapidly evolving security and regulatory demands, the legal industry today faces a unique set of challenges. Law firms understand they need strategic information management solutions that enhance client service, increase productivity, and manage risk. As a result, an increasing number of firms are turning to Interwoven, Inc. (NASDAQ:IWOV) (http://www.interwoven.com/), a global leader in content management solutions, to gain competitive advantage and support efficiency growth.
Law firms have made Interwoven their top choice because of the company's depth of expertise in the legal arena as well as the breadth of offerings Interwoven delivers to solve the unique challenges law firms face. In 2007, Interwoven released significant enhancements to its legal business content management suite, which included updates to document and email management, records management, and mobility solutions.
And the recent launch of Interwoven Universal Search - Professional Services Edition (http://interwoven.com/ius) underscores the company's commitment to deliver innovative solutions that address the changing needs of law firms. The solution has added to Interwoven's momentum in the legal marketplace, with several strategic customer wins in the fourth quarter, including DLA Piper.
Continued Global Customer Momentum in 2007
In 2007, Interwoven expanded its market-leading position by adding 150 new law firm customers, which included a record number of competitive wins. Interwoven legal customers include over two-thirds of the Global 100 law firms and 125 of the Am Law Top 200 firms.
In the fourth quarter of 2007 Interwoven added four Am Law 100 firms -- including Reed Smith LLP, Drinker Biddle & Reath LLP, and Weil Gotshal & Manges LLP -- who chose Interwoven's solutions to tackle their broad and unique set of content management needs.
In addition to securing these US-based firms, Interwoven has gained considerable traction among law firms abroad. New international firms who selected Interwoven in 2007 include:
o A top three Danish law firm, PLESNER Svane Gronborg
o A top three Norwegian law firm, Wikborg Rein
o A leading firm in France, Salans
o Two of the top five German law firms, including Norr Stiefenhofer Lutz
o Two new law firms in Israel -- Shavit Bar-On Gal-On Tzin Nov Yagur and
Amit, Pollak, Matalon & Co
o One of the top three largest law firms on the African continent, Edward
Nathan Sonnenbergs
"Law firms today face a multitude of challenges including an extraordinary amount of information, a changing workforce, new regulations, higher client expectations, and continued globalization," said Chris Junker, general manager and vice president worldwide sales, professional services industry solutions at Interwoven. "Interwoven continues to address these complex demands by providing innovative and comprehensive solutions that help professionals organize, find, and govern their business. Our customers' confidence in Interwoven is demonstrated by our increasing new business, strong pace of competitive conversions, and expanding global presence."
"As a long-time customer, we are pleased to see Interwoven continue to drive innovation and leadership in the content management market for professional services," said Doug Caddell, CIO at Foley & Lardner LLP, a leading international law firm with more than 1,000 attorneys in 22 offices and more than 50 practices. "The investments that Interwoven is making in search, email management, and mobility enable us to drive toward a vision that helps us continue to attract and retain the best talent in the industry and provide the highest service levels to our clients globally. It validates our decision to invest in the Interwoven WorkSite platform as the underpinning of our information management strategy."
LegalTech 2008
Interwoven will be exhibiting at LegalTech New York 2008 at the Hilton New York Hotel, February 5-7, 2008. To learn how professional services firms can leverage Interwoven solutions, please visit booth # 2000/2002. For more information, go to http://www.legaltechshow.com/.
About Interwoven
Interwoven is a global leader in content management solutions. Interwoven's software and services enable organizations to effectively leverage content to drive business growth by improving the customer experience, increasing collaboration, and streamlining business processes in dynamic environments. Our unique approach combines user-friendly simplicity with robust IT performance and scalability to unlock the value of content. Today, more than 4,200 enterprise and professional services organizations worldwide have chosen Interwoven, including: adidas, Airbus, Avaya, Cisco, DLA Piper, the Federal Reserve Bank, FedEx, HSBC, LexisNexis, Microsoft, Samsung, Shell, Samsonite, White & Case, and Yamaha. Over 20,000 developers and over 300 partners enrich and extend Interwoven's offerings. To learn more about Interwoven, please visit http://www.interwoven.com/.
Source: Interwoven, Inc.
CONTACT: Danielle Hamel of Interwoven, Inc., +1-408-953-7251, dhamel@interwoven.com
Web site: http://www.interwoven.com/
http://www.legaltechshow.com/
