Equitrac Announces Integration with LookUp Precision, the Legal Industry’s Leading Online Research Tracking Application28 Aug, 2007
Equitrac Announces Integration with LookUp Precision, the Legal Industry’s Leading Online Research Tracking Application
ORLANDO, FL – Equitrac Corporation, a world leader and trusted name in intelligent cost recovery and print management solutions, announced integration with LookUp Precision from Advanced Productivity Software. With this integration, Equitrac Professional 5 now provides automatic tracking and costing of online research from sites including Lexis, Westlaw, Pacer, and hundreds of others.
Equitrac’s extensive integration options for leading time & billing systems and robust web services for administration, reporting and exception editing augment the extensive tracking and intuitive user interface of the Look-Up Precision application. Through the LookUp Precision application, law firms can track usage metrics for any online resource, including accurate, validated client/matter assignment.
Announced at the opening of ILTA '07, the 30th annual educational conference of the International Legal Technology Association, Equitrac’s integration with LookUp Precision provides summary or detailed reports, including user information, transactions, search terms, and costs, which are instantly available to the firm and can be processed through Equitrac for a complete cost recovery solution. This means that the electronic resource vendors no longer have a monopoly on usage information, putting firms on solid ground when negotiating resource contracts.
“Online research costs can be very significant and are often unallocated and untraceable at the client matter level,” said Randy Henderson, Senior Marketing Manager at Equitrac. “This industry leading partnership ensures that our clients have a powerful tool for complete and accurate tracking and analysis of these costs, adding further value to their investment in Equitrac technology.”
“Many firms are already processing the transactions tracked by LookUp Precision through Equitrac,” explains Devin GawneMark, LookUp Precision Product Manager, “so it’s only natural that we work together to improve our compatibility and standardize our interoperation to bring the maximum return to our clients while removing any administrative or technical burden.”
LookUp Precision 2007, which includes enhancements designed for Equitrac integration, is now publicly available. Firms using LookUp 2005 are able to upgrade at no additional cost.