BANNOCKBURN, Ill., Feb. 15, 2017 /PRNewswire/ -- Scott Brinkley, CEO of A360, Inc., announced today that The LOGS Group, LLC, a national provider of law firm practice management solutions, has spun off from the LOGS Network and joins ARMA Acquisition, LLC, to form the largest practice management services provider organization in the default legal services marketplace. The transaction closed on January 26, 2017 and includes creation of an Employee Stock Ownership Plan (ESOP) benefit for employees.
Gerry Shapiro and David Kreisman, co-founders of the LOGS Network of law firms, established The LOGS Group, LLC in 1996 to centralize the administrative functions (payroll/benefits admin, invoicing/billing collections, technology, compliance etc.) of their national law firm and title network. This practice management model positioned the firms to dedicate their resources and attention to providing high-quality legal services and customer service, without sacrificing compliant, efficient, and cost effective administrative services. Gerry Shapiro explains, "The spin-off of our established practice management group into this separate legal entity will allow our experienced leadership team and employees to expand on this proven strategy for the betterment of the broader legal marketplace and our collective mortgage industry client base."
"Many mortgage default servicing law firms are facing challenging market dynamics as volumes contract while administrative demands and associated costs continue to rise," adds Brinkley. "The practice management and technology solutions we provide will enable law firms across the country to direct their focus on delivering exceptional legal services to their clients while reducing internal operating expenses; it's a win-win proposition for all parties involved."
A360, Inc, the new ESOP organization, will operate under four distinct brands, providing innovative and compliant solutions to the mortgage industry and broader financial services community: complete legal practice management services provided by Firm Solutions, software solutions and full IT support services provided by assure360, national property reports, title search, and title data solutions provided by C2C Title Data Services, and record retrieval and court reporting services provided by Blue Ribbon Legal.
About The LOGS Group, LLC
The LOGS Group LLC was formed in 1996 for the purpose of providing a centralized practice management operation for the management of all administrative needs for the law firms and title companies within the LOGS Network, owned by Gerry Shapiro and David Kreisman.
About ARMA Acquisition, LLC
ARMA Acquisition was formed in 2014 to build the foundation for a diversified law firm practice management business. The group completed four acquisitions over a two-year period which introduced technology solutions, litigation support services, law firm outsourcing services, and title data solutions, all delivered to the market from a common platform.
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SOURCE A360, Inc.