FOR IMMEDIATE RELEASE

Contact:

Alp Hug
Chief Marketing Officer
The Frayman Group
+1 718-648-7700
press@fraymangroup.com

Frayman further distinguishes itself by earning a Microsoft Competency in Software Development

New York – (August 24, 2010) – Frayman Group (www.fraymangroup.com), a leading provider of new business intake and risk management software for law firms, today announced it has attained Gold Certified Partner status in the Microsoft Partner Program.  As a Gold Certified Partner, the highest possible distinction, Frayman has demonstrated expertise with a variety of Microsoft technologies and proven its ability to meet and exceed customer needs.

Frayman Group provides enterprise risk management software for law firms, combining industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. Frayman Group’s risk management solutions including new business intake, lateral hire intake, conflicts management & clearance, information barriers, ethical walls and unusual activity monitoring applications are redefining law firm risk management with a holistic approach that provides speed to new business alongside comprehensive risk management protocols.

“This marks an important milestone in our rapid progression of our company,” said Yuri Frayman, President and CEO of Frayman Group.  “Our customers benefit from our established relationship with Microsoft, as the Gold Certified Partner status continues to distinguish Frayman’s expertise from that of other vendors in our industry.”

“Our developer partners enable us to deliver high-quality solutions and applications to our customers,” said Nick Abbott, group manager in the .NET Developer Product Marketing Group at Microsoft Corp. “As the demand for applications built on the Microsoft platform continues to grow, there are more opportunities for providers of custom-developed applications than ever before. The Software Development Solution Competency provides partners with a way to showcase their expertise delivering custom-built solutions to customers, enhancing partners’ revenue opportunities and positioning them for growth.”

Microsoft Competencies are designed to help differentiate a partner’s capabilities with specific Microsoft technologies to customers looking for a particular type of solution. Each competency has a unique set of requirements and benefits, formulated to accurately represent the specific skills and services that partners bring to the technology industry. The Software Development Competency is designated for organizations who have demonstrated a successful record of developing and marketing software based on Microsoft technologies.

The Microsoft Partner Network represents Microsoft’s ongoing commitment to the success of partners worldwide.  The program offers a single, integrating partnership framework that recognizes partner expertise, rewards the total impact that partners have in the technology marketplace, and delivers more value to help partners’ businesses be successful.

About Frayman Group

Frayman Group, a leading provider of software and services for law firms, combines industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. The company is headquartered in New York City.  For more information, visit www.fraymangroup.com.

# # #

FOR IMMEDIATE RELEASE

Contact:
Alp Hug
Chief Marketing Officer
The Frayman Group
+1 718-648-7700
press@fraymangroup.com

Firm to use Compliguard Protect for Information Barriers, Ethical Walls and Unusual Activity Monitoring

ILTA 2010, Las Vegas – (August 24, 2010) – Frayman Group (www.fraymangroup.com), a leading provider of new business intake and risk management software for law firms, today announced that Stites & Harbison PLLC selected Compliguard Protect for information governance and confidentiality.

Compliguard Protect will provide Stites with a comprehensive ethical wall and information barrier system designed for law firms. Reducing the firm’s risk exposure, Compliguard Protect secures sensitive information across Stites’ mission critical systems including LexisNexis InterAction, DTE Axiom, Open Text eDOCS DM, and Elite Records Manager.

“Our firm selected Compliguard Protect as the strongest way on the market to secure our client’s information, and gained a significant time-savings in configuration and integration thanks to the deployment methodology,” said Tab Barton, IT Director at Stites.  “We were also delighted to find a strong business partner in Frayman Group who clearly aligned with our firm’s mission to place the highest priority on client service, and, as a result, to become the highest quality provider of legal services to our clients.”

With the rapid deployment methodology of Compliguard Protect, Stites attorneys and staff will benefit from the straightforward set-up and maintenance of ethical walls across multiple systems. Based on Microsoft technology, the system’s web-based user interface gives IT the ability to protect sensitive information and reduce risk exposure by establishing, maintaining, monitoring and updating walls from a single point of entry to consistently secure content across all mission-critical firm systems, in real-time.

“We are finding an increasing number of firms are unwilling to accept the expensive, protracted, and services-heavy implementations of ethical wall solutions provided by others in the market,” states Kandace Donovan, Senior Vice President & General Manager, North America of Frayman Group.  “We are delighted to provide Stites with exactly what they needed in a rapid timeframe, and proud to share our expertise in risk management in our mutually respectful business relationship with this preeminent US firm.”

About Frayman Group

Frayman Group, a leading provider of software and services for law firms, combines industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. The company is headquartered in New York City.  For more information, visit www.fraymangroup.com.

About Stites & Harbison PLLC

Stites & Harbison PLLC is a preeminent law firm based in strategic Southeastern U.S. locations and sought by business and institutional clients nationwide for sophisticated transactions, difficult litigation and complex regulatory matters. Tracing its origins to 1832, Stites & Harbison is one of the oldest law practices in the nation and among the largest law firms in the region.  The firm has offices in Louisville, Lexington and Frankfort, Kentucky; Jeffersonville, Indiana; Nashville and Franklin, Tennessee; Atlanta, Georgia; and Alexandria, Virginia. The offices are networked and function seamlessly through use of the latest technology.  For more information, visit www.stites.com.

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FOR IMMEDIATE RELEASE

Contact:
Alp Hug
Chief Marketing Officer
The Frayman Group
press@fraymangroup.com

Compliguard Flow2 is a second-generation workflow and business process management platform, with out-of-the-box templates for New Business Intake, Lateral Hire On-boarding, Anti-Money Laundering, Know Your Client, Alternative Fee Arrangements, and more

Compliguard Flow2 features business user-friendly visual workflow, forms and report designer; Significantly reduces the dependence on IT for creation and modification of workflows

New York – (July 15^th, 2010) – Frayman Group (www.fraymangroup.com), a leading provider of new business intake and risk management software for law firms, today announced its second generation workflow and business process management platform, designed to transform the speed and sophistication of workflow creation and management at law firms.  Already receiving rave reviews, Compliguard Flow2 raises the bar for new business and lateral hire intake for law firms.

The highly anticipated release of Compliguard Flow2 to be showcased in August at the ILTA 2010 Conference, is receiving broad acclaim from early adopters and sets a new industry standard for innovation and ease of user adoption.

“Compliguard Flow2 is revolutionary in that it is the first product of its kind that truly puts the power in the hands of the business, allowing risk experts – not IT – to visually design their own processes with an intuitive Visio plug-in and visually design the corresponding electronic forms,” said Alp Hug, Senior Vice President Products and Chief Marketing Officer at Frayman Group.  “Business users can then test and deploy to the business at the click of a button, shaving weeks, if not months, off the process using traditional approaches.”

“Compliguard Flow2 delivers true agility to law firms,” said Todd Gerstein, CEO of Smart WebParts and acclaimed legal technology expert and consultant.  “New business intake is a mission-critical business process for law firms.  One that requires deep control and nimbleness in order to provide firms with the flexibility and agility they need to adapt to changing business goals and conditions.  Frayman’s Compliguard Flow2 delivers exactly that. ”

Compliguard Flow2 enables firms of all sizes to:

• Balance a flexible business process management toolkit with the reliability of a full-featured packaged solution
• Design, adjust, test, and deploy key business processes in minutes, without the need for IT resources
• Utilize Microsoft Office Visio’s inherently intuitive interface as a canvas to “click-and-connect” pre-configured legal-specific workflow actions and sub-processes
• Create staff- and attorney-friendly electronic forms using a drag-and-drop web interface, no programming required
• Get a quick start by leveraging business-proven templates for processes including New Business Intake (NBI), Anti-Money Laundering (AML), Know Your Client (KYC), lateral hire on-boarding, and more
• Access a continuously growing library of forms, processes, sub-processes, and system integrations, providing just-in-time nimble solutions to emerging new challenges such as alternative billing approvals
• Centralize control using a full-featured control console, enabling the management and monitoring of processes across offices and departments
• Benefit from a risk-based perspective to business – to be used by risk professionals across the firm who understand liability exposure and manage it directly

Compliguard Flow2 will be showcased at the ILTA 2010 Conference in Las Vegas, Booth 403 from August 22^nd to 26^th. To arrange for a private demo at the show or earlier, please contact Flow2Demo@fraymangroup.com.

About Frayman Group

Frayman Group, a leading provider of software and services for law firms, combines industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. The company is headquartered in New York City.  For more information, visit www.fraymangroup.com.

# # #

Contact:

Public Relations
The Frayman Group
press@fraymangroup.com

Compliguard^TM Protect to Power Locke Lord’s Information Barriers, Ethical Walls and Unusual Activity Monitoring

New York – (May 20, 2010) – Frayman Group (www.fraymangroup.com), a leading provider of new business intake and risk management software for law firms, today announced Locke Lord Bissell & Liddell LLP as the latest Am Law 100 firm to select Compliguard^TM Protect for information governance and confidentiality.

After a competitive procurement, the full-service, national law firm Locke Lord selected Frayman Group.  Compliguard Protect’s next-generation approach to information governance and confidentiality was among the key factors in Locke Lord’s final decision.

The powerful solution from Frayman Group will enable Locke Lord’s attorneys and staff to benefit from:

• Comprehensive Ethical Walls – Multiple barrier types (inclusive, exclusive, multi-sided) securing across document management, records management, time and billing, and CRM
• Centralized Control – Fully-featured centralized control console, enabling monitoring and management across offices, systems and applications
• Monitoring Unusual Activity – Monitor unusual activity within the firm, allowing the firm to proactively eliminate risk
• Intuitive and Non-Intrusive SharePoint Portal – Secure self-service for lawyers and staff streamlining access to new requests, notifications, status checks and more
• Real-time Security and Automated Oversight – Instant notification on changes to systems and ability to stop potential breaches before they occur
• Risk-based Perspective – Designed to be used by risk professionals across the firm who understand liability exposure and manage it directly
• Support Global Ethics Rules & Regulations – Comprehensive support, including Market Abuse Directive, Law Society Code of Conduct 2007, HIPAA, HITECH and more

Yuri Frayman, President and CEO of  Frayman Group commented, “We consider Locke Lord an important partner in business – one who recognizes that a business-centric, comprehensive approach to managing risk is critical for today’s modern law firm.” 

About Frayman Group

Frayman Group, a leading provider of risk management software and services for law firms, combines industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. The company is headquartered in New York City.  For more information, visit www.fraymangroup.com.

About Locke Lord Bissell & Liddell LLP

Locke Lord Bissell & Liddell LLP is a full-service, national law firm with offices in Atlanta, Austin, Chicago, Dallas, Houston, London, Los Angeles, New Orleans, New York, Sacramento, San Francisco and Washington, D.C.  With a vast geographic scope, and a national reputation in complex litigation, regulatory and transactional work, Locke Lord is focused on achieving client success as a team.  Among Locke Lord’s many strong practice areas are appellate, aviation, corporate, class action litigation, employee benefits, energy, environmental, financial services, health care, insurance and reinsurance industries, intellectual property, labor and employment, public law, real estate, REIT, tax and technology.  For more information, visit www.lockelord.com.

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Contact:
Public Relations
The Frayman Group
press@fraymangroup.com

Sales Director Joins Team to Support Growing EMEA Region Law Firm Market

London – (April 19, 2010) – Frayman Group (www.fraymangroup.com), a leading provider of new business intake and risk management software for law firms, today announced further expansion of its UK and EMEA division with the addition of Alison Thorpe as Sales Director for the EMEA region.

Based in the company’s London office, Thorpe will be heading up the UK and EMEA sales activities. She will play an instrumental role in building the EMEA sales team and expanding Frayman Group’s reach throughout the UK and Europe in order to better serve the legal market’s new business intake, conflicts management, information governance and confidentiality needs.

“As we expand our operations in the UK and EMEA, we want to make sure we build the best customer-facing organisation to better service the European market,” said Robin Mohan, Senior Vice President and General Manager of EMEA at Frayman Group.  “Alison Thorpe is a great addition to our team.  Her in-depth understanding of law firm risk management requirements and local market dynamics will provide us with the right recipe for success as we position and ramp up for further regional growth.”

Thorpe brings more than a decade of legal technology sales leadership and channel development experience through positions with Axxia Systems and Aderant.  Most recently, Thorpe led the Specialist and Solutions sales team for Lexis Nexis where she managed a team of sales professionals focused on risk management products including Know Your Customer (KYC)/anti-money laundering and e-Discovery applications.

About Frayman Group

Frayman Group, a leading provider of software and services for law firms, combines industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. The company is headquartered in New York City.  For more information, visit www.fraymangroup.com.

# # #

Contact:
Public Relations
The Frayman Group
press@fraymangroup.com

Patent-Pending Technologies embedded in Compliguard™ Suite Deliver Substantial Time and Cost Savings to Law Firms While Automating Conflicts Management Process

New York City — (April 8, 2010) – Frayman Group (www.fraymangroup.com), a leading provider of new business intake and risk management software for law firms, today announced the filing of multiple patents related to automating and streamlining the conflicts of interest search, management and clearance processes. These technological advances are incorporated in Compliguard Analyze™ and Compliguard Clear™, the company’s next-generation conflicts management and clearance applications.

Closely tied to the new business intake and lateral hire activity for every law firm, conflicts management and resolution processes make up a significant portion of time spent when a firm is incepting new business.  Traditionally, vendors and law firms have focused on improving the speed and quality of the search results, by tweaking the underlying search engine.

“Recent studies clearly show that the bulk of the work in the conflicts management process is not in the actual search itself, but in the thinking and strategy that informs the search, along with the post-search activity to prepare the conflicts report for circulation and clearance at the firm,” said Alp Hug, SVP Products & Chief Marketing Officer at Frayman Group.  “At Frayman, we are leveraging innovative approaches to change the focus of a conflicts department from repetitive, arduous work to strategic decision making.  In doing so, we are helping law firms reduce the most time-consuming parts of their new business cycle from multiple business days to mere minutes.”

Frayman Group filed a number of patents with the intention to protect the company’s innovative and unique approach to this automation of the conflicts management and clearance activity.  Using law-firm-specific advanced natural language processing and name matching technology, the patents describe and protect an approach whereby an automated “Conflicts Attendant” is on duty 24/7, monitoring, routing and responding to all new conflicts requests.

“This level of automation and our unique “Conflicts Attendant” approach gives the power and control back to the lawyers, allowing them to issue a preliminary search by simply writing an e-mail on their BlackBerry device and get a response back via email within minutes of the request.”

The patents further protect the unique approach to building an appropriate search strategy based on the type of conflicts of interest search request, automated execution of the search against both internal and external data sources and the cleansing and ranking of the search results for final review by a senior conflicts analyst.

Also protected by the patents is a centralized, collaborative and non-intrusive conflicts clearance process, whereby all email activity related to a particular conflicts clearance request is monitored and captured for full audit trail and compliance.

These new innovative capabilities are designed to help law firms automate and speed up the new business intake process on multiple fronts.  The Compliguard engine provides facilities to capture and template each firm’s unique risk profile so that consistent know-how is applied. This approach reduces risk associated with “knowledge gaps” that occur from staff transitions and departures, while improving the effectiveness and efficiency of conflicts searches, and providing strategic pre- and post-search analytics to increase the thoroughness of the vetting process.

Compliguard Analyze: Frayman Group’s innovative conflicts management system, Compliguard Analyze is designed from the ground up to address the needs of leading law firms, with special emphasis on speed, automation, comprehensiveness and compliance.  The system eliminates repetitive, low-level conflicts activity through automation, providing the conflicts analysts with an environment to focus on the strategic aspects of the conflicts process.

Compliguard Clear: Tightly integrated with Compliguard Analyze, Compliguard Clear provides a platform for the conflicts department to initiate, monitor and capture all interaction, communication and approvals as it relates to the clearance process. The system delivers a completely non-intrusive approach to clearance, with lawyers participating leveraging nothing but email, while ensuring full audit trail and compliance.  The conflicts clearance requests are appropriately formatted for all email platforms, featuring mobile conflicts reports for smart phones including the BlackBerry® and iPhone®.

Compliguard Analyze and Compliguard Clear are part of Compliguard Suite, Frayman Group’s end-to-end risk management platform, which also includes Compliguard Flow for new business intake and lateral hire workflows, and Compliguard Protect,  the company’s comprehensive information governance and confidentiality application providing information barriers, ethical walls and unusual activity monitoring capabilities.  For more information, visit www.fraymangroup.com.

About Frayman Group

Frayman Group, a leading provider of software and services for law firms, combines industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. The company is headquartered in New York City.  For more information, visit www.fraymangroup.com.

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Contact:
The Frayman Group Public Relations
p. +1.718.648.7700
e. press@fraymangroup.com

Compliguard™ Protect Information Barriers and Ethical Walls System to Integrate with Smart Time Classic Entry and Time Capture System

New York City — (March 17, 2010) – The Frayman Group (“TFG”) (www.fraymangroup.com), a leading provider of new business intake and risk management software for law firms, today announced the formation of a partnership with Smart WebParts (www.smart-webparts.com), which provides time capture and time entry software for professional services organizations.

Smart WebParts’ flagship product, Smart Time, is a web-based, on-demand time capture and entry application that helps firms effectively collect, track and recoup billable time, thereby increasing revenue and profitability.

The companies will deliver out of the box integration between Smart Time and Compliguard Protect, Frayman Group’s game-changing ethical walls, information barriers and unusual activity monitoring application. Joint law firm customers leveraging Smart Time will have seamless integration into their centralized security access paradigm, fulfilling firm compliance requirements. Firms utilizing both systems will benefit from advanced risk management capabilities that protect against inadvertent exposure to sensitive information contained in time entry.

“Smart WebParts shares our vision of developing business software for law firms that utilizes new technology to solve real-world challenges,” said Yuri Frayman, President and CEO, The Frayman Group. “We’re looking forward to working with the Smart Web Parts team to ensure continuous alignment between practice management and risk management requirements.”

Todd Gerstein, CEO, Smart WebParts commented, “The Frayman Group is an innovative risk management vendor with the strongest, richest ethical walls application in the market. We are pleased to be partnering with Frayman Group to ensure full compliance within our applications.”

Compliguard Protect is a comprehensive information barriers, ethical walls, and unusual activity monitoring system that delivers a better way for firms to safeguard against inadvertent and

malicious breeches via automated walls set-up and real-time monitoring, maintenance and alerts. Compliguard Protect is part of The Frayman Group’s patent-pending, end-to-end risk management suite, which also includes Compliguard Flow for new business intake, Compliguard Analyze for conflicts management and Compliguard Clear for interactive conflicts resolution

About The Frayman Group

The Frayman Group, a leading provider of software and services for law firms, combines industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. The Frayman Group has 19 years of experience supporting 150,000 lawyers in over 270 law firms worldwide. The company is headquartered in New York City. For more information, visit www.fraymangroup.com.

About Smart WebParts and Smart Time Smart WebParts, LLC (www.smart-webparts.com) was founded in 2009 by Steve Bronstein, owner of Front Office Team, and Todd Gerstein, founder of Legaltec. Each partner has 25+ years of experience in providing the legal industry with technical resources for accounting, practice management, and business process improvement. The company’s flagship product, Smart Time, is a web-based, on-demand time capture and entry application that helps firms effectively collect, track and recoup billable time, thereby increasing revenue and profitability. The company is based in Los Gatos, California.

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FOR IMMEDIATE RELEASE

Contact:
Public Relations
The Frayman Group
press@fraymangroup.com

Compliguard™ Protect Provides Skadden Industry-leading Information Barriers, Ethical Walls and Unusual Activity Monitoring Capabilities

New York City — (February 25, 2010) – The Frayman Group (“TFG”), a leading provider of new business intake and risk management software for law firms, today announced that Skadden, Arps, Slate, Meager and Flom LLP & Affiliates (“Skadden”) has selected Compliguard Protect, the legal industry’s most comprehensive information barriers, ethical walls and unusual activity monitoring system, to proactively secure and protect information across the firm’s information repositories on a global scale.

Skadden is the top law firm for the Fortune 100 recognized for leadership in global bankruptcy, restructuring and M&A representations. The Firm will leverage Compliguard Protect to reduce risk exposure and guard information recognized as sensitive for ethical, privacy or confidentiality reasons by establishing, maintaining, monitoring and updating information barriers to automatically prevent unauthorized or unintended access.

For Skadden, the selection of a technology platform to help secure and protect information repositories firm-wide went deeper than Compliguard’s features and functionality. It was equally important to look at the credentials and capabilities of the vendor, and measure the vendor’s ability to consistently deliver domain expertise, quality work, well-defined maintenance and support practices and overall professionalism. According to Skadden’s Technology Group, “The Frayman Group has proven itself in all these areas over the years.”

Compliguard Protect is a comprehensive information barriers system that delivers a better way for firms to safeguard themselves from inadvertent and malicious breaches via automated information barrier set-up and real-time monitoring, maintenance and alerts. The software provides a comprehensive audit trail of all user and system activity for optimal firm protection. Compliguard Protect was built on a Service Oriented Architecture with all functionality accessible through Web Services APIs for easy, out-of-the-box integration with leading vendor document management, records management, time and billing and email systems.

Yuri Frayman, CEO and President of The Frayman Group commented, “We’ve taken a business-centric, comprehensive approach to developing risk management solutions for law firms, with information barriers being a core pillar of that risk infrastructure. We’re thrilled that leading law firms such as Skadden recognize that investments in risk management technology are also investments toward the future of the business overall.”

TFG’s longstanding working relationship with Skadden includes the recent development and deployment of an interactive conflicts resolution system. Compliguard Protect is part of The Frayman Group’s patent-pending, end-to-end risk management suite, which also includes Compliguard Flow for new business intake, Compliguard Clear for interactive conflicts resolution and the Compliguard Analyze conflicts management system. For more information about TFG’s risk management consulting services and Compliguard end-to-end risk management software suite, visit www.fraymangroup.com.

About The Frayman Group

The Frayman Group, a leading provider of software and services for law firms, combines industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. The company is headquartered in New York City. For more information, visit www.fraymangroup.com.

About Skadden
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates is an international law firm with more than 1,800 attorneys in 24 offices throughout the world. Skadden, Arps provides a broad range of legal services to the corporate, industrial and financial communities representing a broad spectrum of clients, from small high-technology start-up companies to nearly one half of the Fortune 250 industrial and service corporations, as well as many financial and governmental entities. Further information about Skadden, Arps is available at www.skadden.com.

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Contact:
Public Relations
The Frayman Group
press@fraymangroup.com

New Version 4.5 Features Unusual Activity Monitoring and an Attorney Portal with SharePoint 
Web Parts to Better Support Business and Risk Management Initiatives

New York City — (February 24, 2010) – The Frayman Group (“TFG”), a leading provider of new business intake and risk management software for law firms, today announced the upcoming release of Compliguard Protect version 4.5, the legal industry’s most comprehensive information barriers and ethical walls system. Compliguard Protect 4.5 features new, market-leading capabilities to simplify risk management and support business goals, including unusual activity monitoring, a wizard-driven user interface, more wall templates and SharePoint Web Parts for lawyers.

Law firms need to restrict access to sensitive information for myriad reasons, including conflict-of-interest, ethical, business, privacy and confidentiality requirements as set by clients, regulators, governing authorities and firm risk professionals. However, managing access on a firm-wide scale across multiple users and systems is an IT challenge that can have significant business consequences. Compliguard Protect reduces a firm’s risk exposure by proactively establishing, maintaining, monitoring and updating information barriers and ethical walls to prevent unauthorized or unintended access to information across numerous data repositories on a global scale. For optimal firm protection, the software provides real-time alerts as well as a comprehensive audit trail of all user and system activity.

Compliguard Protect 4.5 includes advanced new features and enhancements that add to the simplicity, speed and effectiveness of the system:

• Unusual Activity Monitoring – proactively provides alerts and notifications of unusual activity at the user and information repository levels that could indicate a problem, including uncharacteristic or frequent viewings, emailing and printing of files in the document management system. An automated lockdown feature shuts off access, down to the individual user level, based on pre-set thresholds.
• “My Walls” Web Parts – gives lawyers easy access for viewing walls and issuing wall requests through their SharePoint environment. Available “My Walls” Web Parts allow users to identify walls that they’re part of and why; view outstanding wall memos for acknowledgement per firm risk policies; lookup access rights to a particular client or matter; and request new walls. Plus, this feature enables partners to see all walls related to their clients, matters and staff.
• Wizards and Templates – delivers a more intuitive experience through a powerful new wizard-driven user interface that simplifies and automates wall creation. Templates allow wall administrators to create, save and reuse the most commonly used settings for new walls.
• Barriers Control Center – a visual dashboard tailored to roles delivers a snapshot of the system and easy access to common tasks.
• Integrated, Customizable Memorandums – simplifies the issuance of memos and reminders, including user authorization and acknowledgement tracking to ensure full compliance, with a memorandum editor to customize on a system-wide or per wall basis.
• Enhanced Reporting – more out of the box reports for various activity tracking as well as simplified access to report data via published APIs for in-house report creation and scheduling.

“Compliguard Protect 4.5 speaks to The Frayman Group’s enterprise class product management and software development practices,” said John Kruse, Director of Records and Conflicts Administration, Cadwalader, Wickersham  & Taft LLP.   “We are looking forward to deploying the new version with enhanced functionality to better take advantage of Compliguard Protect in our risk management practices.”

“Information barriers are a key component of a firm’s risk management foundation, which is critical to the vitality of the business overall,” said Yuri Frayman, President & CEO, The Frayman Group. “The enhancement and new features in Compliguard Protect 4.5 are there to help law firms better address their information barriers requirements with full consideration of the underlying business drivers.”

Compliguard Protect is part of The Frayman Group’s patent-pending, end-to-end risk management suite, which also includes Compliguard Flow for new business and lateral hire intake, Compliguard Clear for interactive conflicts resolution and the Compliguard Analyze conflicts management system. For more information about TFG’s risk management consulting services and Compliguard end-to-end risk management software suite, visit www.fraymangroup.com.

Availability: Compliguard Protect 4.5 is expected to be generally available in Q1 2010.

About The Frayman Group

The Frayman Group, a leading provider of software and services for law firms, combines industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. The company is headquartered in New York City. For more information, visit www.fraymangroup.com.

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Contact:
Public Relations
The Frayman Group
press@fraymangroup.com

Proskauer Rose Speeds Up New Business Review and Acceptance with Frayman Group’s Mobile Conflicts Reporting

Frayman Risk Management Consulting Team Developed the Extended
LegalKEY® Conflicts Reporting Capability to Support Blackberry Smartphone Users

New York City — (February 2, 2010) – The Frayman Group (TFG), a leading provider of risk management software and services for law firms, today announced that international law firm Proskauer Rose LLP (Proskauer) has enhanced its new business review and approval process by implementing a firm-wide mobile conflicts reporting capability. This will enable the Firm’s lawyers to easily review and respond to conflicts reports via their Blackberry^® handheld devices.

Founded in 1875, Proskauer made a strategic decision to modernize its conflicts clearance process to streamline report routing and approvals, thereby reducing lawyer time spent reviewing voluminous reports, and recognizing that today’s workforce needs to conduct business via email inboxes, not office desk inboxes.

TFG’s risk management consulting division developed Proskauer’s custom mobile conflicts reporting capability, which integrates with the Firm’s reliable LegalKEY^® Conflicts Management system and TFG’s Compliguard™ Flow New Business Intake system.

The newly rolled-out mobile conflicts reporting functionality enables Proskauer’s conflicts analysts to perform searches using LegalKEY and then disseminate results, using TFG’s custom-developed mobile reports, to the requesting lawyer and other involved lawyers via email in a format specifically-designed for the Blackberry. The reports leverage smart logic to provide relevant results that prioritize hits and specify required action, tailored to the small screen real estate of the Blackberry smartphone. The new mobile conflicts reporting capabilities enable the firm to clear conflicts faster, thereby improving the Firm’s competitive edge and increasing the likelihood of engaging in billable work sooner.

“The Frayman Group’s in-depth knowledge of new business inception requirements and the latest conflicts clearing technology allowed us to strategically extend the value of our existing conflicts management and client intake system investments, while adding significant advantages,” said Derick Arthur, Conflicts/Records Manager for Proskauer. “Conflicts results are transformed into quick and comprehensive summaries that deliver speed and efficiency without compromising thoroughness. The TFG team was our true partner in developing this innovative and invaluable application.”

Yelena Chervinsky, TFG’s Vice President of Risk Management Consulting who led the project development and rollout commented, “Leading global law firms like Proskauer recognize that modernizing existing practices and systems can provide a significant strategic advantage in securing new business, while at the same time improving operational efficiency and mitigating risk on a firm-wide basis.”

TFG has developed similar conflicts reporting enhancements for other large multinational firms that also use the market-leading LegalKEY Conflicts Management for its reliable and thorough conflicts search capabilities. These firms now require more a modernized approach to support the review and approval part of the process via the web and smartphones, including the Blackberry, Palm and iPhone.

TFG’s mobile conflicts reporting functionality expands upon a longstanding working relationship with Proskauer that includes full-service LegalKEY Conflicts Management and Records Management upgrades and Compliguard Flow implementation. For more information about TFG’s risk management consulting services and Compliguard end-to-end risk management software suite, visit fraymangroup.com.

About The Frayman Group

The Frayman Group, a leading provider of software and services for law firms, combines industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. The Frayman Group has 19 years of experience supporting 150,000 lawyers in over 270 law firms worldwide. The company is headquartered in New York City. For more information, visit fraymangroup.com.

About Proskauer Rose LLP
Proskauer, founded in 1875, is an international law firm providing a wide variety of legal services to clients worldwide from offices in Boca Raton, Boston, Chicago, Hong Kong, London, Los Angeles, New Orleans, New York, Newark, Paris, São Paulo, and Washington, D.C.

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