On February 21st of this year, affiliates of Apollo Global Management LLC and Handson Global Management (HGM) agreed to combine Novitex and SourceHOV with Quinpario, a publicly traded special purpose acquisition company, to form Exela Technologies, creating an industry-solutions provider for financial technology and business services, delivering mission critical, technology-enabled multichannel information services. The transaction is valued at $2.8 billion.
As Q1 comes to a close, it’s a good time to ask: How is your firm doing? Could your firm improve its back and middle office operations? Can you wrap in an effective cost recovery plan?
Mattern & Associates will be on the road, leading educational panels on this topic. We hope you join us at ALA Annual Conference and Expo in Denver on April 3rd – 5th or at IFMA Facility Fusion in Las Vegas on April 4th – 6th.
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I am sure you heard this same term applied to banks, likewise this applies to large outsourcing and offsite records storage contracts too.
Many firms, however, just renew their outsourcing and offsite contracts with their current vendor. They accept the 5-10% discount the outsourcing vendor is giving them to renew–or in the case of offsite records,
Another Legaltech is in the books, and this year for me was more about getting up-to-speed with existing technology partners and service providers rather than taking in any new concept or must-see product launch.
The E-Discovery market continues to commoditize. Speaking with hosting partners, there is self-awareness that simply offering Relativity is no longer a viable business model (especially given the RelativityOne SaaS model).