STP Informationstechnologie: Driving Passion for Legal Tech Solutions
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Uwe Richter, CEO
As a solo attorney or an attorney with a small firm, managing business workflows is a fairly straightforward task. But as the organisation grows, relying on one’s memory or even legacy systems is no longer sufficient. Enterprises need documented processes and systemsto deliver consistent legal services to their clients and to comprehend workflows and project management. While law firm project management refers to the act of planning, controlling, and finishing projects to achieve a certain objective, delivering effective solutions,compliant with regulations, to achieve the same is quite a challenging task. In contrast to conventional law firm management firms, STP—a legal tech company based in Germany—has developed cutting-edge software to support routine case administration.The company’s solutions focus on business success factors, such as process intelligence, profitability, and connectivity.
With the upheaval caused by COVID-19, working from home has become a mandate and, in many organisations, has been accepted as the new standard practice. Among firms that focus on accelerating dataflow among legal tech firms, accessibility of data sources and files is of paramount importance.
A client’s practice is faced with the challenge of ensuring that all files, documents and information can be accessed from different locations and by all authorised employees. At the same time, cost-effectiveness is also key to business efficiency. What clients need are solutions that digitalise their processes, automate standards and deliver key metrics that allow them to manage their law firm like a business in any other industry.
STP helps companies discover tried and tested solutions to optimise their business processes. The company offers effective tools to help manage law firms and delivers powerful solutions for streamlining your administration workflows.
STP helps companies discover tried and tested solutions to optimise their business processes. The company offers effective tools to help manage law firms and delivers powerful solutions for streamlining your administration workflows. Moreover, STP’s turnkey legal e-services help organisations win new clients easily and quickly, while strengthening client loyalty in the long term. Internal legal counsel departments need efficient communication channels and workflows. To achieve this, STP also provides cloudbased apps and legal services that take internal and external collaboration to the next level while raising productivity. "STP provides a solution—winsolnevz— tailored to the needs of the consumer for efficient and effective insolvency administration and business rescue practice."
STP Informationstechnologie Driving Passion for Legal Tech Solutions LEGAL TECH SOLUTION PROVIDERS - 2021 The effects of the pandemic were also palpable in the time it took firms to complete operational cycles.Creating evident detrimental impacts in terms of insolvency filings and business turnarounds, the event caused a lot of legal processes to grind to a halt. In Germany, the number of legal actions is likely to rise sharply from October 2020 when the temporary suspension of the obligation to file for insolvency ends. The collective declaratory action system likewise remains a trigger for group actions and, accordingly, a rising number of legal cases. One prominent example is the diesel scandal. Yet claims based on the German Protection Against Infection Act could also soon result in group actions. To break down insolvencies, STP provides a solution—winsolnevz— tailored to the needs of the consumer for efficient and effective insolvency administration and business rescue practice. winsolvenz lets firms scale their capacities to handle any lawsuit using smart automation supplemented with experienced outsourcing.
The STPteam values trust-based relationships with customers. To deliver on this promise, the company providesits customers with software, services and data tailored to their needs to help them get ahead of the field in their business.Every three months, an external evaluation determines STP’s net promoter score (NPS). The outcome: the STP Group’s NPS is an excellent 76 percent – to put this into perspective, the industry (without STP) has an average NPS of 16 percent.STP solutions are created together with their customers, supplemented by a high level of in-house legal expertise and have been optimised for over 26 years.