We are very pleased to welcome global law firm Hogan Lovells to the FileTrail customer community.
Leading law firms are rethinking information governance — taking a more holistic approach to data management, embracing automation, and recognizing the critical importance of records management. According to the IG Initiative Annual Report, 94% of law firms identify records management as a key part of IG, ranking it higher than e-discovery (86%), risk management (77%) and compliance (88%).
Working closely with law firms on their IG initiatives for more than 20 years, FileTrail has learned the challenges law firms face when setting up IG programs and implementation. High overhead costs and detailed manual procedures mean that compliance with IG policies and outside council guidelines often aren’t followed as well as they could be. This leaves many firms at risk.
To help law firms navigate these challenges, FileTrail has designed a new educational series titled “IG Vision for the Future” for ILTACON 2018 at Room Baltimore 5 at the Gaylord National Resort and Convention Center. The breakout sessions will offer a range of expert insight into records and IG policy management, IG automation, and more to help firms improve compliance, save money, and prepare for the future.
The legal services market is fluctuating at an increasing rate, and attorneys are moving to other firms in an effort to advance their careers or achieve a better work/life balance. In this environment, many firms’ back-office operations are spending more resources performing file transfers and returning files to clients—processes that are complex, fraught with risk, and very expensive.
Am Law 100 law firm Shook, Hardy & Bacon employs nearly 480 attorneys globally from its 12 offices throughout the United States and London. In recent years, the firm has made a commitment to modernizing its operations, increasing efficiency, and reducing risk in order to better serve its health, science and technology clients.
This month, leading industry publication Peer to Peer: The Quarterly Magazine of ILTA invited FileTrail to share its industry expertise on information governance. In particular, how new and evolving industry regulations are transforming the way law firms approach retention and disposition of physical records and electronic documents.
This month, leading industry publication Law Technology Today invited FileTrail to share its insights about information governance (IG). As a leader in IG software automation, FileTrail’s team have a lot to say on this topic.
Recently, FileTrail released new connectors for law firms looking to integrate their records management and document management platforms. Law firms using NetDocuments, iManage (versions 5 through 10) and OpenText eDOCS can now use FileTrail connectors to allow users access to physical records without leaving their DMS.
Most firms understand they need to invest time and resources into developing policies and procedures to manage the vast amounts of information in their possession. However, properly executing IG policies comes with numerous difficulties.
News about FileTrail's latest information governance (IG) innovation is spreading quickly. Soon after launch, our newest Information Governance Solution--FileTrail Enterprise Retention (FER)--is getting major attention from some pretty big players. Most recently, the folks at ILTACON wrote a full article about FER.