Hawaiian Electric Company Chooses LexisNexis CounselLink Software for Legal Matter Management and e-Billing

CounselLink to Help Legal Team More
Effectively and Efficiently Manage their Costs and Matters
LexisNexis (www.lexisnexis.com),
a leading provider of content and technology solutions, announced today it has
reached a multi-year agreement to provide its CounselLink® software to Hawaiian
Electric Company and its subsidiaries, which serve 95 percent of the state's
1.2 million residents on the islands of Oahu, Maui, Hawaii Island, Lanai and
Molokai. LexisNexis® CounselLink® enables corporate law departments to more
effectively and efficiently manage their legal spend and matters, while at the
same time optimizing their outside counsel relationships.
"The legal team at Hawaiian Electric
is eager to take advantage of the e-billing and matter management tools
available through CounselLink," said Susan A. Li, vice president and general
counsel, Hawaiian Electric Company. "Hawaiian Electric and its subsidiaries
engage nearly 50 outside law firms at any given time and by leveraging
CounselLink, we believe we can become much more efficient in how we work with
these firms in order to control costs so we can keep rates as low as possible
for our customers."
"We're excited that Hawaiian
Electric has chosen CounselLink to help them manage their outside legal matters
and costs," said Jeff Schuett, vice president and general manager, Corporate
Counsel Solutions at LexisNexis. "With the introduction earlier this year of
stronger matter management tools as well as our recent integration with
Microsoft? Outlook?, CounselLink has become a truly indispensable tool for
corporate legal departments."
CounselLink consists of robust
e-billing capabilities, comprehensive matter management functionality,
actionable reporting and analysis tools and various outside counsel
collaboration features. More information about CounselLink can be found at http://corporate.lexisnexis.com/
counsellink/.
About LexisNexis Legal &
Professional
LexisNexis Legal & Professional (www.lexisnexis.com) is a leading global provider
of content and technology solutions that enable professionals in legal,
corporate, tax, government, academic and non-profit organizations to make
informed decisions and achieve better business outcomes. As a digital pioneer,
the company was the first to bring legal and business information online with
its Lexis® and Nexis® services. Today, LexisNexis
harnesses leading-edge technology and world-class content, to help
professionals work in faster, easier and more effective ways. Through close
collaboration with its customers, the company ensures organizations can
leverage its solutions to reduce risk, improve productivity, increase profitability
and grow their business. Part of Reed Elsevier, LexisNexis Legal &
Professional serves customers in more than 100 countries with 10,000 employees
worldwide.
LexisNexis helps professionals at
law firms and legal departments of all sizes manage the business element of
their practice with innovative software and mobile solutions for customer
relationship management, competitive intelligence gathering and assessment,
time and billing management, matter management, client analysis, legal holds
and more.
About Hawaiian Electric Company
Hawaiian Electric Company and its subsidiaries, Maui Electric Company and
Hawaii Electric Light Company, serve more than 400,000 customers on the islands
of Oahu, Hawaii, Maui, Lanai and Molokai, home to 95% of the state of Hawaii's
population. Hawaiian Electric Company is a subsidiary of Hawaiian Electric
Industries. (NYSE: HE). For more information, visit www.heco.com.
Posted
Wed, Oct 12 2011 12:12 PM
by
Tina George
Filed under: CounselLink®, Hawaiian Electric Company