As we look back at 2018, we reflect on a few key findings in ILTA’s 2018 Technology Survey with regard to information governance and records management, which show continued focus and growth in these areas across the 431 firms who responded:
October 22–24, 2018
This week, FileTrail announced its partnership with Tikit- the leading global provider of legal software solutions. The result is a strategic partnership between their two areas of expertise to create innovative and complete solutions for their client base. Today law firms of every size can deploy a holistic solution to the complete document life cycle ecosystem.
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.
As Shook researched options for replacing LegalKey, it aimed to find a modern records management platform that not only worked with NetDocuments, but that also addressed its complex information governance requirements. In FileTrail the firm found a holistic solution that integrates with NetDocuments, as well as automates the execution of all IG policies throughout both the RM and DM repositories.
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.
Want to learn all about the latest in innovations in records management (RM) and information governance (IG)? This month,FileTrail will be at ILTACON 2018 in National Harbor, MD, hosting seven breakout sessions to share what works, what doesn’t, and what’s next in RM and IG for law firms. Our breakout sessions will be held in Baltimore 5.
If you have the goal of updating your aging records management software, we have some exciting news! We can show you how to easy it is to deploy a streamlined solution that integrates all of your DM/RM systems to deliver a seamless user experience. Plus, you can now automate retention and disposition for all of your paper and electronic records with just a few clicks.
Think about how quickly data grows at law firms. Every new matter is accompanied by paper records and electronic files, many of which are governed by Outside Counsel Guidelines (OCG) for when data should be destroyed or returned to the client. Moreover, OCG becomes increasingly complex every year, which is further compounded by rapidly expanding government regulations. Recently, we’ve seen their impact with the rollout of the EU’s General Data Protection Regulation (GDPR) on May 25, 2018.