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The first industry standard, real-time
conflict analysis tool in the Cloud for
lawyers, law firms and legal departments.
HELLOMY NAME IS
a cumbersome
process
costly
for the firm
time-consuming
activity
Conflict checks are normally run
in-house, which is a cumbersome, costly,
and time-consuming activity for the firm.
It is critical to quickly provide accurate
information to bring-in and retain
new business at law firms.
RION instantly processes information,
utilizing an online database that
cross-references parties on all sides of the
table, removing the manual component,
while providing accurate and timely results.
processes
information utilizing
an online database
cross-references
parties on all sides
of the table
removes the
manual
component
provides
accurate and
timely results
Why is RION important?
PROBLEM WORTH SOLVING
Conflicts checks are the cornerstone for avoiding risk in taking on new
business, so it is imperative to hold the process in a high regard. It is
particularly important for clients of legal services providers to know that
their lawyers are ethical.
OUR SOLUTION
RION helps lawyers maintain ethics and provide their clients with
transparency through streamlined due diligence, which allows them
to spend more time on billable work.
The International Organization for Standards
has identified the following benefits
of standardization:
FOR BUSINESSES
Standardization provides cost
savings, enhanced customer
satisfaction, access to new
markets, increased market share
and environmental benefits
FOR SOCIETY
When products and
services conform to standards,
consumers can have confidence
that they are safe and that the
service provider is reliable
FOR GOVERNMENT
Standardization can support
public policy by referencing
standards in regulations; most
states have adopted the
ABA model rules
There is currently no known industry
standard process for conflicts checks.
We surveyed LinkedIn.com’s
Conflicts of Interest Community to establish a
baseline to begin forming a framework that all
law firms can use to improve efficiency and
accuracy of conflict checks globally.
Demographics of the
Conflicts of Interest Community
INDUSTRY
Legal Services.................................33%
Law Practice...................................32%
Staffing and Recruiting........................3%
Information Technology and Services ....3%
Financial Services..............................3%
Information Services...........................2%
LOCATION
Greater Chicago.............................25%
Greater New York City.....................11%
Washington D.C...............................8%
Greater Boston .................................4%
Greater Atlanta .................................3%
San Francisco...................................3%
FUNCTION
Legal..........................................18%
Research.....................................12%
Administrative ................................6%
Business Development .....................5%
Human Resources...........................5%
Sales ...........................................4%
SENIORITY
Senior ........................................30%
Manager ....................................15%
Entry ..........................................16%
Director ......................................11%
VP ...............................................3%
CXO............................................3%
The more attorneys at a firm, the less conflicts analysts there are
# OF ATTORNEYS 0 –100 101–300 301–600 600 +
# OF CONFLICTS STAFF 3 1.62 1.57 1.44
There is a large gap in conflicts procedures
2 takeaways from the survey
While 97% of firms use conflicts software,
only 57% maintain a client relationship library.
Currently, most firms take a different
approach to conflicts checks. Everyone
manages their information differently
opening the door to errors and risk. A lack
of a standard process can lead to waste,
and cost the firm time and money.
This is an example of the current process
This is RION’s process
Benefits of RION Software
TIME SAVINGS
Instant conflict checks
means new business can
be cleared in seconds!
CONVENIENCE
Attorneys can run instant
conflict checks on any mobile
device with a browser and
Internet connection.
COST REDUCTION
Cumbersome manual tasks are
automated meaning more checks,
faster saving time and making
better use of human capital.
CASE MANAGEMENT INTEGRATION
Make your data work harder
for you. Please inquire about
integration with your existing
case management systems.
VERACITY
We are built to integrate with
various sources of corporate data.
We are looking at additional
data platforms as we grow.
AUDIT READY
Audit logs are available for
any reports you require about
the searches you’ve run
with RION.

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Rion Corp Deck

  • 1.
  • 2. The first industry standard, real-time conflict analysis tool in the Cloud for lawyers, law firms and legal departments. HELLOMY NAME IS
  • 3. a cumbersome process costly for the firm time-consuming activity Conflict checks are normally run in-house, which is a cumbersome, costly, and time-consuming activity for the firm.
  • 4. It is critical to quickly provide accurate information to bring-in and retain new business at law firms.
  • 5. RION instantly processes information, utilizing an online database that cross-references parties on all sides of the table, removing the manual component, while providing accurate and timely results. processes information utilizing an online database cross-references parties on all sides of the table removes the manual component provides accurate and timely results
  • 6. Why is RION important? PROBLEM WORTH SOLVING Conflicts checks are the cornerstone for avoiding risk in taking on new business, so it is imperative to hold the process in a high regard. It is particularly important for clients of legal services providers to know that their lawyers are ethical. OUR SOLUTION RION helps lawyers maintain ethics and provide their clients with transparency through streamlined due diligence, which allows them to spend more time on billable work.
  • 7. The International Organization for Standards has identified the following benefits of standardization: FOR BUSINESSES Standardization provides cost savings, enhanced customer satisfaction, access to new markets, increased market share and environmental benefits FOR SOCIETY When products and services conform to standards, consumers can have confidence that they are safe and that the service provider is reliable FOR GOVERNMENT Standardization can support public policy by referencing standards in regulations; most states have adopted the ABA model rules
  • 8. There is currently no known industry standard process for conflicts checks. We surveyed LinkedIn.com’s Conflicts of Interest Community to establish a baseline to begin forming a framework that all law firms can use to improve efficiency and accuracy of conflict checks globally.
  • 9. Demographics of the Conflicts of Interest Community INDUSTRY Legal Services.................................33% Law Practice...................................32% Staffing and Recruiting........................3% Information Technology and Services ....3% Financial Services..............................3% Information Services...........................2% LOCATION Greater Chicago.............................25% Greater New York City.....................11% Washington D.C...............................8% Greater Boston .................................4% Greater Atlanta .................................3% San Francisco...................................3% FUNCTION Legal..........................................18% Research.....................................12% Administrative ................................6% Business Development .....................5% Human Resources...........................5% Sales ...........................................4% SENIORITY Senior ........................................30% Manager ....................................15% Entry ..........................................16% Director ......................................11% VP ...............................................3% CXO............................................3%
  • 10. The more attorneys at a firm, the less conflicts analysts there are # OF ATTORNEYS 0 –100 101–300 301–600 600 + # OF CONFLICTS STAFF 3 1.62 1.57 1.44 There is a large gap in conflicts procedures 2 takeaways from the survey While 97% of firms use conflicts software, only 57% maintain a client relationship library.
  • 11. Currently, most firms take a different approach to conflicts checks. Everyone manages their information differently opening the door to errors and risk. A lack of a standard process can lead to waste, and cost the firm time and money.
  • 12. This is an example of the current process
  • 13. This is RION’s process
  • 14. Benefits of RION Software TIME SAVINGS Instant conflict checks means new business can be cleared in seconds! CONVENIENCE Attorneys can run instant conflict checks on any mobile device with a browser and Internet connection. COST REDUCTION Cumbersome manual tasks are automated meaning more checks, faster saving time and making better use of human capital. CASE MANAGEMENT INTEGRATION Make your data work harder for you. Please inquire about integration with your existing case management systems. VERACITY We are built to integrate with various sources of corporate data. We are looking at additional data platforms as we grow. AUDIT READY Audit logs are available for any reports you require about the searches you’ve run with RION.