Mitratech
54 Case Studies
A Mitratech Case Study
KONE Inc., a global leader in the elevator and escalator industry with $6.9 billion in sales and about 35,000 employees across 50+ countries, needed a more efficient way to manage claims and integrate legal data with its Risk Management System. The KONE law department implemented Lawtrac in 2006 to eliminate duplicate data entry, centralize matter management, and free legal professionals to focus on higher-value work.
By integrating Lawtrac with other systems, KONE gained accurate, consolidated cost and case data that improved reserve-setting and decision-making, enabled flat-fee agreements with outside counsel, and allowed litigation costs to be charged back to business units. The result: new case filings fell 27% and outside counsel expenses dropped 29%, with ongoing automation initiatives (subpoena processing and document management) further strengthening compliance and efficiency.
Kurt E. Stepaniak
Senior Vice of President Law & Acquisitions