Finance

Thomson Reuters Elite, part of the Legal Professionals division of Thomson Reuters, today announced that Deheng Law Group, one of China’s leading legal services providers, will be adopting 3E®. As part of its effort to harness the power of technology to modernize operations, the firm will also be implementing a number of other Elite solutions, including 3E MatterSphere®, 3E Data Insights, and 3E Workspace.

Global law firm leverages AI-powered search to unlock knowledge and relationships across its 1,000 lawyers and 65 million documents to help streamline financial operations

iManage, the company dedicated to transforming how professionals work, today announced that Womble Bond Dickinson – a transatlantic law firm with more than 1,000 lawyers based in 27 UK and US locations – is using iManage RAVN  to unlock greater insight into its people, financial centric data, and associated relationships to facilitate improved financial operations.

As co-sponsors of this month’s Document Excellence Day, which featured a terrific line-up of speakers on how to make your legal documents better, and with the interesting panel discussion on how to overcome resistance to technology changes; we speak to Johnny Jones – Implementation Lead at Enable -  to find out a little more on his unique client insight and his views on the future of technology within the legal sector.

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With its notable addition of several new clients in the European region, Aderant hosted its largest ever annual EMEA client conference, Momentum Europe, on 15-16 October at the Royal Garden Hotel Kensington in London.

Ensuring your law firm has an accurate policy and process to track billable hours is crucial to a law firm’s existence both for justifying billing and, understanding and predicting WIP and profitability. Most firms have time recording systems in place, and detailed policies to ensure the fee earner and the firm meet their targets. However, if strict procedures are not in place, relying on fee earners to record accurately and at the right time can be time-consuming.

For decades, law firms have charged their clients by the hour. It was a solution that seemed logical at the time. There is a lot that goes into working a case, and no way to tell how long it will take when an attorney begins to pursue one. As such, working a case and billing customers upon resolution seemed to work. However, legal clients today are demanding much more transparency, and this old billing structure no longer makes sense. 

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Legal technology consultancy Pinnacle has launched a new product and service designed to help firms secure a consistently high level of data quality and hygiene.

Monitor is a tool which runs as an automated process that is deliberately system agnostic.  It is used to check Elite 3E, Enterprise, InterAction, Intapp Open and other databases for any data issues and inconsistencies. 

Thomson Reuters Elite, part of the Legal Professionals division of Thomson Reuters, today announced that international law firm Withers Worldwide will be transitioning from Enterprise® to 3E®, making it the latest firm to choose the market-leading enterprise business management solution. Withers will also be implementing 3E Budgeting and Forecasting as part of the transition.

Thomson Reuters Elite, part of the Legal Professionals division of Thomson Reuters, today announced that international law firm Withers Worldwide will be transitioning from Enterprise® to 3E®, making it the latest firm to choose the market-leading enterprise business management solution. Withers will also be implementing 3E Budgeting and Forecasting as part of the transition.

Four years ago, we introduced a thesis called “Your Firm 2020.” At the time, we predicted the majority of law firms will expect legal technology to support better automation, mobility, and collaboration. We also noted that cybersecurity would be one of the most pressing concerns. As we publish this paper, we’re closing in on the final quarter of 2019 and we think those forecasts have largely played out.

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