Software facilitates conflict resolution for law firms.
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Press Release Summary:
Web-based LegalKEY® Interactive Conflicts Resolution(TM) enables law firms to collaboratively review and resolve conflicts before bringing in new business. Software works in conjunction with LegalKEY Conflicts Management(TM), which provides conflict of interest searches. Reports can be reviewed online, and firm-defined fields streamline conflict resolution process. Risk management features capture entire user thread involved in resolving each hit.
Original Press Release:
Hummingbird Raises the Bar for Proactive Compliance with Release of LegalKEY® Interactive Conflicts Resolution(TM)
New dynamic report review capabilities designed to improve law firm compliance and capture audit trail of conflicts resolution process
TORONTO, ON, and ILTA '06, ORLANDO, FL, Aug. 21 // -- Hummingbird Ltd. (NASDAQ:HUMC)(NASDAQ:TSX:)(NASDAQ:HUM), a leading global provider of integrated enterprise content management (ECM) and network connectivity solutions today announced the release of LegalKEY(R) Interactive Conflicts Resolution(TM), a Web-based system that enables law firms to collaboratively review and resolve conflicts before bringing in new business. LegalKEY Interactive Conflicts Resolution works in conjunction with LegalKEY Conflicts Management(TM), which provides thorough conflict of interest searches against internal and external (e.g. OFAC/SDN) source for optimal firm protection.
LegalKEY Interactive Conflicts Resolution was designed to help attorneys resolve conflicts quickly, interactively and thoroughly. After a conflicts search is initiated, users can review "hit" reports online and collaboratively work with each other to resolve conflicts. With firm-defined fields and easy-to-navigate views, these dynamic reports streamline the conflicts resolution process significantly and improve the turn-around time for beginning billable work. Further, risk management features capture the entire user thread involved in resolving each hit and automatically declare the entire conflict resolution related to each client/matter as a record in the matter file once approved.
"We understand the challenges law firms face in balancing the need to begin billable work with risk mitigation. Interactive Conflicts Resolution not only streamlines the conflicts review process, but also provides a complete audit trail and record of the resolution process," said Yuri Frayman, Vice President, Legal Business Solutions, Hummingbird Ltd. "It is yet another advancement in our continuing commitment to provide our law firm customers with leading edge proactive compliance capabilities."
LegalKEY Interactive Conflicts Resolution is part of Hummingbird Enterprise(TM) for Legal, which includes New Business Intake(TM), Conflicts Management, Document Management, Records Management and Critical Dates Management(TM) systems developed specifically for law firms. Hummingbird is showcasing LegalKEY Interactive Conflicts Resolution during the International Legal Technology Association (ILTA)'s annual conference, held August 21-24 at the Grande Lakes Resort, Orlando, Fla.
About Hummingbird Enterprise(TM) for Legal
Hummingbird Enterprise for Legal, with LegalKEY(R) practice support solutions, provides an end-to-end proactive compliance framework to ensure that information is properly captured, reviewed, utilized and stored throughout the lifecycle of a matter -- from initial client/matter intake through to final disposition. Hummingbird Enterprise for Legal includes: New Business Intake, Conflicts Management, Document Management, Records Management and Critical Dates Management systems, all tailored specifically to the way that information flows and is used in law firms. More than 65% of the AMLAW 100, and nine of the top 10 global law firms use Hummingbird. For more information, visit http://www.hummingbird.com/legal.
About Hummingbird
Hummingbird Ltd. (NASDAQ:HUMC)(NASDAQ:TSX:)(NASDAQ:HUM) is a leading global provider of enterprise software solutions. The Company's enterprise software solutions fall into two principal categories: enterprise content management (ECM) solutions, and network connectivity solutions. Hummingbird's ECM solutions enable organizations to manage the lifecycle of enterprise content from creation to disposition, thereby enabling organizations to address critical business needs, such as information management, business continuity, compliance and risk mitigation. The network connectivity solutions provide a comprehensive set of core network technologies that enables the enterprise to connect to any type of legacy system.
Founded in 1984, Hummingbird employs over 1,400 people and serves more than 33,000 customers, including 90% of Fortune 100. Hummingbird solutions are sold directly from 40 offices worldwide and through an Alliance Network of partners and resellers. For more information, visit http://www.hummingbird.com/.
