Innovations in Conflicts of Interest Methodology
For well over a decade, law firms have had very limited choices in the realm of Conflicts of Interest software. The choices that have existed were essentially all based on the same approaches for searching, analysis, and overall conflicts information management.
Elegrity’s work with law firms around New Business Intake, Conflicts of Interest and other risk areas over the last 16 years has provided us the opportunity to observe the Conflicts of Interest research and analysis models in many different law firms.
Our observations show dramatic discrepancies across firms in terms of both the number of resources dedicated to the Conflicts of Interest function, and the split of roles and responsibilities surrounding this function.