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

  • Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
  • Why client insurance needs could change even if their life doesn’t
  • Most Gen Z investors think less than a year ahead when making financial decisions
  • IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
  • Help child-free clients plan for their later years
More Advisor News

Annuity News

  • Guidance, bulletin or reg? NAIC debates form of annuity illustration update
  • Nationwide adds mutual fund-linked strategy to New Heights Select FIA
  • NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
  • NAIC working group pressed to accelerate annuity illustration overhaul
  • State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
More Annuity News

Health/Employee Benefits News

  • How Iowa’s candidates for governor see the future of Medicaid
  • Shapiro Admin helps Pa. residents prepare for Medicaid changes
  • Trump finally puts Obamacare to good use
  • Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
  • Investigators at Emory University School of Medicine Zero in on Medical Education (Disability prevalence, disclosure, and accommodation use in pediatric residency: results from a pilot study): Education – Medical Education
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Revises Outlooks to Negative for Kemper Corporation, Its Affiliates and Subsidiaries
  • WARREN PROBES RISE OF PRIVATE INVESTMENT FIRMS IN INSURANCE SECTOR FOLLOWING MARK WALTER SCANDAL
  • AM Best Affirms Credit Ratings of Erie Insurance Group’s Members and Erie Family Life Insurance Company
  • MIB reports double-digit life insurance app activity in record August
  • 42% of consumers are confused and unconvinced by life insurance
Sponsor
More Life Insurance News

NEWS INSIDE

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

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
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.