PALO ALTO, Calif.– LAWFUEL – Legal Announcement Service –IntApp Inc., the leading provider of confidentiality management, time capture and integration software for the legal industry, today announced that international legal practice Norton Rose Group has selected IntApp’s Wall Builder product to bolster its confidentiality and compliance initiatives.
Norton Rose Group will be deploying Wall Builder to comply with information barrier recommendations established by the Solicitors Regulation Authority (SRA) and insider list management practices mandated by the Market Abuse Directive.
SRA Code of Conduct Rule 4 establishes strict client confidentiality standards for law firms. These rules are even more stringent when firms represent adverse parties. In these situations, such as auction scenarios where the firm acts for multiple parties, organisations must create information barriers to prevent inappropriate internal access of client information. They must also enforce rigorous internal notification, acknowledgment and tracking processes.
Additionally, when serving clients who have issued qualified financial instruments that trade on regulated markets, firms must also comply with the Market Abuse Directive. These rules require firms to maintain and produce accurate lists of all personnel with access to insider information, as directed by the Financial Services Authority (FSA).
“With professional and regulatory requirements driving firms to adopt more stringent confidentiality and information audit practices, we’ve seen tremendous interest in Wall Builder since its UK launch in 2007,” said John Hall, CEO, IntApp. “We’re pleased to support Norton Rose’s initiatives to remain at the forefront of compliance and client protection.”
“We see an opportunity to offer our clients the most extensive confidentiality protections available,” said Kevin Mortell, COO, Norton Rose Group. “IntApp is proving to be a terrific partner in this endeavour, enabling our firm to automate compliance and tracking processes that previously required tremendous staff involvement and adding further protection to sensitive information stored within the firm.”
Norton Rose Group is also adopting IntApp Time Builder, software that accelerates billing processes by providing lawyers (or their secretaries) with a comprehensive “daily diary.” It does this by monitoring the key tools used throughout the day (including email, calendar, documents, web, phone and mobile devices), cross referencing client matter information and creating a consolidated journal delivered over the web, via email or as a paper report.
“The ability of Time Builder automatically to capture a detailed record of billable activity will compliment our existing time recording systems and practices and will be a significant time-saver for our fee-earners,” said Brendan McDonagh, Head of Systems and Revenue at Norton Rose Group. “In addition to expected internal benefits, clients will benefit from more detailed bills.”
IntApp provides software solutions that enable law firms to increase attorney billability, ensure client confidentiality and maximize staff productivity. With over 100 customers, including 30% of the National Law Journal’s 200 largest US firms, and a vibrant partner community, IntApp has been embraced and endorsed as an industry standard. For more information, visit www.intapp.com.
About Norton Rose Group
Norton Rose Group is a leading international legal practice. We offer a full business law service from our offices across Europe, the Middle East and Asia.
Knowing how our clients’ businesses work and understanding what drives their industries is fundamental to us. Our lawyers share industry knowledge and sector expertise across borders, enabling us to support our clients anywhere in the world. We are strong in corporate finance, financial institutions, energy and infrastructure, transport, and technology.
The Group comprises Norton Rose LLP and its affiliates. We have over 1000 lawyers operating from offices in Amsterdam, Athens, Bahrain, Bangkok, Beijing, Brussels, Dubai, Frankfurt, Hong Kong, Jakarta*, London, Milan, Moscow, Munich, Paris, Piraeus, Prague, Riyadh*, Rome, Shanghai, Singapore and Warsaw.
* associate office
“IntApp,” “Wall Builder” and “Time Builder” are trademarks of IntApp, Inc. Other trademarks are the property of their respective owners.