Free press releases distribution network?

Agency / Source: LexisNexis (a division of Reed Elsevier Inc.)

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



LexisNexis Launches CounselLink Legal Hold Software - LexisNexis CounselLink legal hold helps corporate legal departments execute and manage compliance with legal holds, reducing risk of fines, sanctions and spoliation charges (NYSE: ENL; NYSE: RUK)
LexisNexis Launches CounselLink Legal Hold Software

 

PRZOOM - /newswire/ - New York, NY, United States, 2011/04/13 - LexisNexis CounselLink legal hold helps corporate legal departments execute and manage compliance with legal holds, reducing risk of fines, sanctions and spoliation charges (NYSE: ENL; NYSE: RUK).

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Insurance/Risk Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

LexisNexis, a leading global provider of content-enabled workflow solutions, today launched LexisNexis® CounselLink® Legal Hold, a new product that gives corporate legal departments a stronger, more systematic set of tools to fulfill court-ordered responsibilities with respect to the execution of legal holds. U.S. courts have recently intensified both their scrutiny of legal hold procedures as well as the severity of penalties – including fines and perhaps even spoliation charges – they impose against companies that fail to comply with this fundamental duty to preserve information in the discovery phase of a legal matter.

"LexisNexis® CounselLink® Legal Hold is designed to help remove the fear and the confusion surrounding the entire legal hold process," said Mike Lipps, vice president and managing director, Legal Business Software Solutions for LexisNexis. "CounselLink Legal Hold helps reduce financial risk and provides corporate legal departments with comprehensive and easy to use tools they need to manage all related communication, notifications, audit reports and other forms of electronic verification required by the courts."

When a company is being sued or when there is a reasonable chance the company will be sued, it must issue a legal hold to preserve all information and documents in its possession that may be relevant to the case. The legal department must also send regular reminders to custodians (individuals in possession of potentially relevant documents) and notify custodians when they are released from the hold. CounselLink Legal Hold enables and tracks the E: notifications and acknowledgements — including updates to the initial notification — providing an auditable trail of who was notified, when they were notified, when they acknowledged the notice, and when they were notified that they were released from the hold.

Key Benefits:

• Improves speed and efficiency in creating and issuing written holds to all involved parties in anticipation of pending litigation;
• Integrates with corporate HR systems to track when custodians join or leave the company so that IT departments can be proactively notified in order to preserve information stored on equipment used by former employees;
• Issues and tracks automatic reminder notices to custodians that they still have a duty to preserve;
• Makes all legal hold information available for reporting so that audit reports, statistics and trends can be presented for verification that proper hold notice processes were followed.

Current CounselLink customers can subscribe to the Legal Hold module for an additional fee. The feature will appear as a new tab at the top of the page alongside the Matter and Invoice tabs, and display any related legal holds. CounselLink Legal Hold can also be ordered as a standalone product or as an integrated solution with other CounselLink modules for matter management and e-billing.

For more information about CounselLink Legal Hold, visit lexisnexis.com/lh.

About LexisNexis
LexisNexis® (lexisnexis.com) is a leading global provider of content-enabled workflow solutions designed specifically for professionals in the legal, risk management, corporate, government, law enforcement, accounting, and academic markets. LexisNexis originally pioneered online information with its Lexis® and Nexis® services. A member of Reed Elsevier (reedelsevier.com), LexisNexis serves customers in more than 100 countries with 15,000 employees worldwide.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Insurance/Risk Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: LexisNexis (a division of Reed Elsevier Inc.)

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Insurance/Risk Management articles,
CATCH Visitors via Your Competitors Announcements!


LexisNexis Launches CounselLink Legal Hold Software

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
LexisNexis |
Contact: LexisNexis.com 
800-227-9597 x56044
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any LexisNexis (a division of Reed Elsevier Inc.) securities in any jurisdiction including any other companies listed or named in this release.

Insurance/Risk Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From LexisNexis (a division of Reed Elsevier Inc.) / Company Profile


Read Insurance/Risk Management Most Recent Related Press Releases:

SCOR Named 'Life Reinsurer of the Year 2016' by Asia Insurance Review
SCOR is Named 'North American Life Reinsurer of the Year 2016' by Reactions Magazine
Wunelli Evolves Driver Signature to Take Telematics Apps to Next Stage of Growth
LexisNexis Risk Solutions to Provide Mobile Telematics for Nationwide’s SmartRide Program
LexisNexis Risk Solutions Elevates Insurance Customer Experience with New Active Risk Management Solution
LexisNexis Risk Solutions Launches First Contextual Telematics Insurance Model in U.S.
Resolver’s Perspective™ Incident Management Software Now Fully Integrated with Software House C•CURE 9000 Security and Event Management Solution
PPM 2000 Joins Forces with Resolver
LexisNexis Launches LexisNexis Intelligence Exchange in India for Life Insurers
LexisNexis Risk Solutions Announces New Relationship with Ellie Mae

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com

Visit  NAKIVO, Inc.







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today