BP To Create Global Legal Management System
05 May 2006, BP has selected CT TyMetrix, Inc. (“CTT”) and Interwoven, Inc. (“Interwoven”) as its preferred suppliers to create a global data flow and information management system for its in-house legal department. The two information technology companies have been brought together with Huron Consulting Group (“Huron”) to analyse business processes and integrate workflow, e-billing, document management, and information retrieval systems among its 750 legal staff spread over 50 locations.
Peter Bevan, Group General Counsel said, “BP Legal is creating a truly global matter and information management system to improve our efficiency and help us more pro-actively to manage our legal costs. We are all looking forward to working with these firms, who share our enthusiasm for this innovative project.”
CTT is to provide its hosted 360° matter management software and electronic billing solution to permit BP Legal to manage its workflow on a matter by matter basis and to better analyse and manage its external legal spend.
Interwoven is to provide its WorkSite document management software that will permit BP Legal to store and retrieve electronic documents (including email) efficiently and consistently.
Huron has been engaged to provide business process and implementation support services. Their focus is to ensure full integration between the two software solutions providing a seamless interface that will increase user acceptance and help achieve the desired project benefits. They will also be helping to develop training programmes and support models.
The software suppliers were selected following a lengthy evaluation process, which included a requirement to prove the software’s capability against a specified concept.
BP has formed a team to implement the systems containing members of BP Legal and BP’s Digital Technology department.
Notes to Editors
* BP is one of the world’s largest oil and gas companies, serving about 13 million customers every day in more than 100 countries across six continents. BP’s business is in exploration and production; refining and marketing; and gas, power and renewables including its new BP Alternative Energy business. Through these, BP provides fuel for transportation, energy for heat and light, retail services, and petrochemicals products.
* CT TyMetrix is the market leader in Web-based management solutions, including e-billing, matter management and performance metrics, for corporate law departments and claims organizations. For more information, please visit www.cttymetrix.com. CT, a Wolters Kluwer business, provides intelligent software and service solutions that empower legal professionals to more effectively manage dynamic information, speed workflows and make critical decisions. CT offers corporate compliance and governance services and solutions, including solutions for managing statutory representation, corporate transactions, and jurisdictional and securities compliance; UCC products and services for corporate due diligence, secured lending, bankruptcy, and real estate, among other areas; matter management and e-billing applications, litigation support software, and eDiscovery services; and innovative trademark research offerings from CT Corsearch. CT is based in New York City. For more information, please visit www.ctlegalsolutions.com. Wolters Kluwer is a leading multinational publisher and information services company with annual sales as of 2005 of €3.4 billion and approximately 18,400 employees worldwide.
* Interwoven, Inc. is a provider of Enterprise Content Management solutions for business, enables organisations to unify people, content and processes to minimize business risk, accelerate time-to-value and sustain lower total cost of ownership. Interwoven delivers deep industry-specific solutions which reduce business process cycle time from initial collaboration through design, production, sales, marketing, legal review, IT, and service. Interwoven leads the industry with a service-oriented architecture today and easy-to-use, best-in-class components and solutions. Today, over 3,400 enterprises, law firms, and professional services organizations worldwide are Interwoven customers including BT, Ford, Freshfields Bruckhaus Deringer, General Motors, Jones Day, Motorola and Yamaha. Interwoven is headquartered in Sunnyvale, Calif., with offices around the world.
* Huron Consulting Group (NASDAQ: HURN), a leading provider of financial and operational consulting services, helps clients effectively address complex challenges that arise in litigation, disputes, investigation, regulatory compliance, procurement, financial distress, and other sources of significant conflict or change. The Company also helps clients deliver superior customer and capital market performance through integrated strategic, operational, and organizational change. Huron provides services to a wide variety of both financially sound and distressed organizations, including Fortune 500 companies, medium-sized businesses, leading academic institutions, healthcare organizations, and the law firms that represent these various organizations.
- Contact Information
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- BP Press office
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