World's Largest Online Marketplace to Rollout Legal Spend Management Platform to Legal Department and Firms Across the Globe

HARTFORD, Conn., Aug. 23 /PRNewswire/ -- CT TyMetrix, the premier provider of Web-based legal operations management solutions for corporate law departments and claims organizations, today announced that eBay, the world's largest online marketplace with more than 90 million active users, has chosen CT TyMetrix 360 as its global legal spend management platform.  eBay's selection of CT TyMetrix comes on the heels of other large, global companies, including the Royal Bank of Canada and Royal Philips Electronics choosing to work with the company – furthering its reputation as the de facto legal spend management experts. CT TyMetrix is a part of Wolters Kluwer Corporate Legal Services.

As eBay's legal department works with more than 250 law firms around the world, it was looking for a product that could provide it with robust e-billing functionality, a proven track record of success and straight-forward integration into its existing financial environment.  After a competitive search, eBay chose the CT TyMetrix 360 e-billing and matter management tools to help it manage its legal operations more efficiently and at lower cost.  CT TyMetrix 360 will provide eBay with access to customized financial reporting, integration with its existing accounts payable systems and support to align in-house counsel with the many law firms it works with across the globe.  

"After looking into several options, we found that CT TyMetrix's industry knowledge and expertise for matter management and e-billing meshed very well with eBay's needs," said Lauren Giammona, senior legal operations manager at eBay.  "Among the capabilities that we found especially attractive is the Dynamic Reporting feature which will provide us with greater flexibility in creating and modifying existing reports and a greater insight into our overall legal spend. We also expect that the automated notification feature of the Dynamic Workflow engine will save time and increase efficiency by driving this business process. CT TyMetrix facilitated a rapid implementation strategy for us that allows us to quickly take advantage of their spend management solution so that we can meet our ambitious operational excellence objectives."  

"Our track record in attracting the world's leading companies to our solution speaks volumes," said John Weber, general manager, CT TyMetrix.  "CT TyMetrix is turned to time and again by the world's most prestigious organizations to improve operational efficiency and gain unprecedented insight into their businesses."    

eBay's rollout was completed on August 16, 2010, four months after commencement of the project.  

About CT TyMetrix

CT TyMetrix is the market leader in Web-based legal management solutions for corporate law departments and claims organizations.  It provides clients with quality legal management software – including e-billing, matter management and performance metrics – and the expertise required to reduce costs, improve results and gain the insight required to meet their strategic objectives.  CT TyMetrix is based in Hartford, Conn., with business operations in Chicago and London.  For more information, please visit www.cttymetrix.com or www.cttymetrix.co.uk.

About Wolters Kluwer Corporate Legal Services

Wolters Kluwer Corporate Legal Services is a business of Wolters Kluwer, a market-leading global information services company with annual revenues (2009) of euro 3.4 billion ($4.8 billion) and approximately 19,300 people worldwide. Visit www.wolterskluwer.com.

SOURCE CT TyMetrix

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