Kiersted's Legal Hold Product Acquired by Mitratech

Kiersted Systems has announced that it has reached agreement with Mitratech, a leading provider of enterprise legal management solutions, for Mitratech to acquire the TeamConnect Legal Hold product Kiersted developed.

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"I am very pleased to say that the product has been adopted widely and has provided much value,” said Kiersted President, George Kiersted

HOUSTON, Texas (PRWEB) June 17, 2014

Kiersted Systems, a leader in e-Discovery services and legal technology solutions, has announced that it has reached agreement with Mitratech, a leading provider of enterprise legal management solutions, for Mitratech to acquire the TeamConnect Legal Hold product Kiersted developed.

“Five years ago, Kiersted Systems embarked on a quest to combine our expertise in Legal Hold with our deep technical knowledge of TeamConnect to develop a unique and compelling Legal Hold solution. I am very pleased to say that the product has been adopted widely and has provided much value,” said Kiersted President, George Kiersted.

“Our partnership with Kiersted Systems has been invaluable over the past four years,” noted Mitratech CEO Jason Parkman. “With their support, almost 20% of TeamConnect clients have taken advantage of TeamConnect Legal Hold’s mission-critical functionality. It is because of the value that our clients realize in this product that we pursued this acquisition.”

TeamConnect Legal Hold helps legal staff create, maintain, and enforce a legal hold process that can withstand judicial scrutiny, minimizing overall risk to the business. Using the product, legal departments are able to identify matters requiring legal hold early in the matter life cycle, select custodians using integration through an HR database, quickly pull needed documentation for court appearances, get real-time tracking, reports and compliance, and more.

Kiersted is a proud Mitratech partner. Its experienced TeamConnect professionals have developed a range of solutions to add value to TeamConnect implementations.

“We enjoy a productive partnership with Mitratech, and I look forward to the investment and ingenuity Mitratech will bring to Legal Hold going forward. We will work to ensure a smooth transition and will continue to offer our high level of expertise to existing and new Legal Hold users, and to the wider TeamConnect community,” George Kiersted said.

For 30 years, Kiersted has provided leading products and services to corporate legal departments. The company remains committed to providing top quality solutions to meet and exceed the needs of its clients as well as legal departments of all kinds.

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About Kiersted Systems:
Kiersted provides radically efficient electronic discovery and consulting services to law firms and corporate legal departments. With nearly three decades of exceptional service and proven results, clients rely on Kiersted for some of the largest and most complex projects. Their seasoned professionals help meet deadlines, manage costs, and reduce risk. Kiersted’s consulting services provide expertise in matter management, electronic billing and legal hold. As a Relativity Premium Hosting Partner with kCura’s Relativity Best in Service designation, Kiersted provides the best possible Relativity experience, combining exceptional project managers, talented developers, and a rugged, sophisticated infrastructure. Kiersted has offices in New York, Houston, and Newport Beach. To learn more, visit http://www.kiersted.com.

Media Contact:
Linda Gordon, Vice President, Sales and Marketing
lgordon(at)kiersted(dot)com | 713-739-7883 ext. 306

About Mitratech:
Mitratech is the leading provider of fully integrated enterprise legal management solutions for global legal departments of all sizes, including more than 25% of the Fortune 500 and more than 220 organizations in all. Mitratech’s offerings include the flexible, comprehensive, and trusted TeamConnect and Lawtrac product platforms, both of which offer end-to-end matter management, e-Billing, legal hold, contracts management, entity management and GRC solutions. Mitratech clients are able to prove demonstrable value creation for their organization by automating legal workflows, improving business outcomes through actionable data and insight, increasing collaboration with external partners and reducing overall legal spend. To learn more, visit http://www.mitratech.com.


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