Eversheds holds off sale of pioneering Tyco support technology
Eversheds has looked at selling its Global Account Management System (GAMS) after discussions with a number of IT providers. The firm has been approached by a number of organisations, including LexisNexis, which was interested in buying the product, which allows clients and lawyers within the firm detailed online access to up-to-date information about work in progress across all relevant jurisdictions.
November 04, 2009 at 07:05 PM
2 minute read
Eversheds has looked at selling its Global Account Management System (GAMS) after discussions with a number of IT providers.
The firm has been approached by a number of organisations, including LexisNexis, which was interested in buying the product, which allows clients and lawyers within the firm detailed online access to up-to-date information about work in progress across all relevant jurisdictions.
Despite the discussions, Eversheds has decided not to sell the product for the time being, though it has not ruled out a future sale. A deal could have seen the firm receive a lump sum payout for the technology as well as potential royalties from future sales.
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