Wolters Kluwer Announces Game-Changing Acquisition of Effacts Legal Management Software

Monday, October 12, 2015 - 16:16

Wolters Kluwer has announced its acquisition of Effacts, a move that will bring a legal management software solution to small and mid-sized legal departments, so they can:

  • Take control of corporate and legal risks: Effacts provides a framework that houses all legal information, including contracts, legal entities, compliance information and cases – allowing for better control of obligations and rights of a company
  • Increase efficiencies and save money: Via Effacts’ easy-to-navigate dashboard that allows for quick access (one or two clicks) to all key legal information (ability to pull up all your company’s contracts in less than one minute!), corporate counsel now will have all the information they need at their fingertips
  • Better manage the law department and ensure alignment to company goals: Effacts gives corporate counsel the ability to view and analyze work distribution within the legal department and optimize the use of human resources. It also allows for seamless collaboration among the different departments – as well as external legal service providers – all leading to better alignment with business goals and objectives

Wolters Kluwer’s acquisition of Effacts is the next step toward filling a large gap in the small to mid-size corporate counsel market. It also exemplifies Wolters Kluwer’s overall strategy of providing the most sophisticated and comprehensive set of solutions to corporate counsel at small to mid-sized companies so they can focus on achieving business goals and providing deeper insights to their C-suite.