Contact Information: Media Contact: Terri Thornton Thornton Communications (404) 932-4347
MMM Successfully Completes Contract Management Project for ERDAS
Law Firm's Contract Management System Provides Clarity, Efficiency, Effectiveness
| Source: Morris, Manning & Martin
ATLANTA, GA--(Marketwire - December 3, 2008) - Morris,
Manning & Martin, LLP recently used its new Contract Management System
to help Atlanta-based ERDAS, formerly known as Leica Geosystems Geospatial
Imaging, make its contracts more manageable, accessible, efficient and
effective.
ERDAS, based in Atlanta, is an
international leader in the geospatial information market. Like many large
companies, it has thousands of contracts, with various renewal dates, for a
wide range of services. The team from Morris, Manning & Martin reviewed and
inventoried every single contract, suggesting ways to improve future
negotiation and organization.
"The project was quite large and actually turned out to be more complex
than we originally thought," says ERDAS Legal and Contracts Manager Lynne
Jenson. "Our acquisition of assets and stock in three other companies
during a six-month period complicated the process further. Now, we finally
have a system we can follow without a lot of difficulty. The work was well
worth the money; the company will definitely benefit from it. It feels like
Christmas for me, to be honest," she added.
Morris, Manning & Martin's Contract Management System helps businesses of
all sizes manage their contracts more efficiently and effectively. The firm
launched the unique, cost-effective solution earlier this year. Experienced
attorneys and paralegals from the firm's Technology Group work with clients
to streamline a variety of legal agreements including services, vendors,
manufacturing, sales and licensing documents. Contract management is a
component of MMM's patent-pending Legal Project Management System.
"ERDAS can use MMM's ERDAS-project team to provide training for future
Legal/Contracts Department resources, which we hope to have as we continue
to transition personnel and businesses as a result of acquisition. We can
build on the strong document infrastructure the MMM team created," Jenson
added. "Their personnel worked closely with my office to understand our
needs and learn about our typical contracting process. They allowed good
communication in working through a huge process. The team was professional
and sensitive to my time constraints in meeting to discuss certain types of
documents and provided good input for ERDAS' future plans to create an
electronic database of all files, protected by password, but which will
allow all legal and management personnel to access read-only documents as
needed."
In addition to the basic services provided to ERDAS, the firm can also use
the team's extensive knowledge to provide legal overflow assistance,
becoming an ongoing resource for contract-related matters. The team can
also analyze the volume, organizational structure and process flow, then
offer "best practices" recommendations. Regular review and updates of the
implemented system are available to current clients upon request in order
to help access changing needs or audit the ongoing process.
"The Contract Management System helps businesses fine-tune processes,
anticipate deadlines and make contract-related information more easily
accessible," says Linda Klausing, Morris Manning's Project Management
Director.
"In ERDAS' case, one person is responsible for all the company's contracts,
but it can also add clarity and prevent duplication of efforts when
responsibility is decentralized and spread throughout multiple divisions of
the organization," adds Paul
Arne, a Partner in Morris Manning's Technology Group. The group has
represented technology, computer, medical device and Internet companies in
complex transactions for more than 20 years.
For more information about contract management, contact Linda Klausing at
lklausing@mmmlaw.com or (404) 504-5464.
About ERDAS
ERDAS creates geospatial business systems that transform our earth's data
into business information, enabling individuals, businesses and public
agencies to quickly access, manage, process and share that information from
anywhere. Using secure geospatial information, ERDAS solutions improve
employee, customer and partner visibility to information, enabling them to
respond faster and collaborate better. It also means better
decision-making, increased productivity and new revenue streams. ERDAS is a
part of the Hexagon Group, Sweden. For more information about ERDAS or its
products and services, please call +1 770 776 3400, toll free +1 866 534
2286, or visit www.erdas.com .
About Morris, Manning & Martin, LLP
Morris, Manning & Martin, LLP, (www.mmmlaw.com) enjoys national prominence
for its corporate finance, securities, mergers and acquisitions,
litigation, technology, intellectual property, real estate and real estate
capital markets, environmental, insurance and healthcare practices. The
firm has offices in Atlanta, Raleigh-Durham, Savannah and Washington, D.C.