Steptoe & Johnson Achieves Process Efficiency with Elegrity's LBMS Conflicts of Interest System - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
September 30, 2014 Newswires
Share
Share
Post
Email

Steptoe & Johnson Achieves Process Efficiency with Elegrity’s LBMS Conflicts of Interest System

PR Web

Bridgeport, WV and San Francisco, CA (PRWEB) September 30, 2014

Steptoe & Johnson PLLC, a leading energy law firm with 15 offices throughout the United States, sought to optimize its Conflicts of Interest business processes as part of the firm's ongoing operational improvement initiatives.

"We wanted to reduce the effort and time it was taking to research potential conflicts of interest while simultaneously increasing the effectiveness of our research and reviews. We continue to enjoy growth in size and geography. Accordingly, we knew we needed to make key adjustments in this area now to ensure the firm's risk management stayed ahead of that growth. At the same time, we continue to focus on the efficiency and cost-effectiveness of our processes to ensure our clients receive quality service at competitive rates," states Rick Mackessy, Steptoe & Johnson's COO.

Steptoe & Johnson, recognized for its strengths in the energy industry, chose Elegrity as their business and technology partner.

"We went to Elegrity for their innovative thought leadership and technology in law firm business process management and law firm risk management. Elegrity had already successfully assisted us with optimization of our New Business Intake and other downstream processes, so we felt confident in this choice," Mr. Mackessy continued.

Elegrity's risk management consultants evaluated the firm's current Conflicts of Interest operational structures, processes and technologies, noting several areas of key efficiencies that would be immediately made possible with the implementation of Elegrity's Law Business Management System® (LBMS®) Conflicts of Interest module.

"It was clear from our up-front analysis of the firm's current processes and technologies that the innovations contained within our Conflicts of Interest module would have significant positive results for Steptoe & Johnson. First, we identified many steps in their current processes that were completely obviated by our technology while maintaining the integrity of the conflicts analysis. Second, we knew our innovations surrounding conflicts of interest searching, analysis and results review would provide increased visibility and clarity of results, thereby speeding up downstream attorney reviews and clearance processes," indicates Joy E. Spicer, Elegrity's Founder, President & CEO.

The implementation incorporated migration of the firm's conflicts of interest data from their legacy system, conflicts analyst training, and a rollout of a dramatically modified review format for the firm's attorneys.

Mr. Mackessy adds, "We are very pleased with the end results so far. Our conflicts researchers indicate their efforts are much more efficient and less labor intensive. Our attorneys are receiving their conflicts requests back more quickly and new clients and matters are opened in a more timely manner. Additionally, the search results presentation is much improved and has reduced the time attorneys need to spend to achieve the same level of effectiveness of their reviews."

"We are excited to bring a new level of innovation to law firm Conflicts of Interest software, along with a welcome and needed option to the marketplace. Most of all, we are pleased to be able to help Steptoe & Johnson PLLC continue meeting its objectives for operational excellence and growth," concludes Ms. Spicer.

About Steptoe & Johnson PLLC

Steptoe & Johnson PLLC is a U.S. law firm with core strengths in energy, labor & employment, litigation and transactional law. In 2013, Steptoe & Johnson celebrated 100 years of helping clients reach their goals. Visit http://www.steptoe-johnson.com.

For more information, contact Betsy Spellman, Chief Marketing Officer, at (304) 933-8000 or by email: betsy.spellman(at)steptoe-johnson(dot)com

About Elegrity, Inc.

Elegrity is the manufacturer of Law Business Management System® (LBMS®), the only Law Firm Business Process Management and Law Firm Big Data platform built specifically to implement Cradle-to-Grave® management of law firm clients, matters and employees.

For more information, visit http://www.elegrity.comhttp://www.elegrity.com/law-firm-blog/

Legal Notices

Copyright @2014-2015 Elegrity, Inc. All Rights Reserved. 160 Pine Street, San Francisco, CA. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

Read the full story at http://www.prweb.com/releases/LawFirmBPM/ConflictsofInterest/prweb12205098.htm

Copyright:  (c) 2014 PRWEB.COM Newswire
Wordcount:  653

Advisor News

  • Addressing the ‘menopause tax:’ A guide for advisors with female clients
  • Alternative investments in 401(k)s: What advisors must know
  • The modern advisor: Merging income, insurance, and investments
  • Financial shocks, caregiving gaps and inflation pressures persist
  • Americans unprepared for increased longevity
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Making Surprising Moves in Monday Session
  • Aspida Life and WealthVest Offer a Powerful New Guaranteed Income Product with the WealthLock® Income Builder
  • Lack of digital tools drives wedge between insurers, advisors
  • LIMRA: Annuity sales notch 10th consecutive $100B+ quarter
  • AIG to sell remaining shares in Corebridge Financial
More Annuity News

Health/Employee Benefits News

  • Baystate, Mercy advocate takeover as public worries about ER waits, delivery rooms, Medicare
  • Kansas state employees retain choice of Blue Cross, Aetna for health insurance
  • Rob Sand unveils water quality, public health plan
  • Mark Farrah Associates Assessed Year-End Health Insurance Segment Membership Trends
  • Symetra Names Jeff Sealey Vice President, Stop Loss Captives
More Health/Employee Benefits News

Life Insurance News

  • Symetra Names Jeff Sealey Vice President, Stop Loss Captives
  • 3 ways AI can help close the gap for women’s insurance coverage
  • Best’s Market Segment Report: AM Best Revises Outlook on Italy’s Life Insurance Segment to Stable From Negative
  • Globe Life Inc. (NYSE: GL) Making Surprising Moves in Monday Session
  • Dan Scholz to receive NAIFA’s Terry Headley Lifetime Defender Award
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

Inside the Evolution of Index-Linked Investing
Hear from top issuers and allocators driving growth in index-linked solutions.

Press Releases

  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
  • Hexure Offers Real-Time Case Status Visibility and Enhanced Post-Issue Servicing in FireLight Through Expanded DTCC Partnership
  • RFP #T01325
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet