Risk and regulatory and compliance needs rank among the top concerns of Chief Legal Officers—and so to, of law firms. Law firms possess vast stores of electronic and hard copy client information, going back years, sitting in vaults with various vendors all over the country or on electronic records management system (RMS) and document management systems (DMS).
As a follow-up to last week’s blog concerning the impact of recently announced changes at Ricoh, Mattern talked with Ricoh leadership and learned the following:
Managed Services Customers
Mattern & Associates verified with Ricoh leadership that layoffs should not impact Managed Services customers of Ricoh USA (customers with an on-site labor component).
Ricoh USA announced recently it’s laying off about 5% of its 26,000 staff in the United States.
John Greco, company spokesman stated the company’s changes are meant to make it easier for customers to do business with Ricoh and that nearly half of laid-off employees “will interview with other members of the Ricoh Family Group dealer network.”
Ricoh is selling accounts to the local dealers mostly from the mid-range products to the low-end.
Last month, we conducted the live webinar, “Maximizing Cost Recovery for In-house Litigation Support/eDiscovery,” and received an overwhelming response—many have asked for an additional opportunity to join this conversation. We’re pleased to conduct a new, live broadcast on Wednesday, May 3rd at 12pm ET.
As demand growth continues to be flat,
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.