Added8th December 2014 by Riverview LawRiverview Law

Creation of Technology Business and launch of Software as a Service solutions for In-house teams

Riverview Law, the fixed priced legal services business, has launched ‘Riverview Law In-house’, a range of software modules that help In-house legal teams in large organisations manage matters, evolve their operating model and improve their effectiveness and efficiency. The Riverview Law In-house software modules complement the existing range of services that Riverview Law offers to large businesses, all of which are experiencing rapid growth. Riverview Law also announces that it is setting-up a separate technology business to exploit the software that it has built and the IP that it has and is creating. The Riverview Law ‘In-house’ modules announced today are just the first of a range of solutions that will be brought to market that have been built using the Riverview Law technology and IP. Riverview Law In-house Riverview Law In-house packages the Riverview Law service delivery and operating model into software modules that can be tailored to any organisation. These modules can be purchased by in-house legal functions individually or in any combination. The In-house modules complement Riverview Law’s existing offerings but are stand-alone and do not require a customer to use Riverview Law’s managed services or other solutions. The initial modules include Instruction Manager which helps manage the flow and the triage of matters into and out of the in-house function and Contract Manager which manages new contract creation from start to finish via multi-language and multi-channels (desktop, tablet, mobile).  The Analytics module provides detailed management information and business insight. Implementation Manager supports and drives the set-up and go-live process and Configuration Manager enables in-house control and management of the workflows, processes and reporting. More modules will be launched in 2015. Riverview Law Technology Business This new business, which will be set-up as a separate entity, will focus on exploiting Riverview Law IP and will be free to license it to any third party including competitors to Riverview Law. Over the last few years it has become clear to the Board of Riverview Law that its technology, built from the user-up not the developer down, has much wider application. The new business will seek to exploit these opportunities. Karl Chapman, Chief Executive of Riverview Law said: “In launching these modules we are following customer demand. Over the last two years many GCs and legal teams have asked if they can license our technology for their internal use. Now they can. The great thing is that our technology is proven and low risk because our teams use the same model to deliver our managed service solutions successfully to existing customers globally. We have always understood the need to combine people, processes and technology effectively. Our service delivery model is built on this approach and so are these modules.” “Creating a technology business that is separate from Riverview Law is a big and natural step for us. We use technology widely in our business. It is a core part of our operating model and mind-set. However, creating a global technology business requires both a different business model and different skills. By establishing this as a separate business the Board now has maximum flexibility for how it develops, manages and grows this area while retaining our focus on growing Riverview Law.”