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One of the things I’m most excited about in terms of technology is seeing law firms make the jump to fully use Microsoft Office 365 with Word Online. Word Online has developed a lot in the last few years and it’s exciting to see what applications get developed in that realm, and how software vendors adapt their products to work in this ever-evolving environment.
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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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Hogan Lovells is a leading global legal business providing innovative, commercial legal advice and high-quality service across an exceptional breadth of practices to market-leading clients around the world.
Hogan Lovells has more than 5000 people, including over 800 partners, operating in over 47 offices in 25 countries globally.
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Having launched his boutique residential property law firm with fellow founding director, Paul Adams, earlier this year, Stuart’s mission is to offer personalised services blended with sophisticated IT.
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LLM Law is a small firm that primarily deals with criminal cases & appointed representation. They had a server running Windows Small Business server. As a small firm the client wanted the most complete cloud possible but at a small firm price point.
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How BigHand Quantum is providing Morton Fraser with key financial information into operational costs and business capacity to help with the firms strategic planning.
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Increasing numbers of businesses in the UK are experiencing some form of financial fraud.
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The majority of an average working day is dealing with requests and queries relating to our reporting information and environments. These normally come directly from Finance but we work with a variety of departments across the firm. Marketing / Pricing / Business Development / Public Relations / Compliance and direct to senior management.
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Having worked through a number of roles over many years you tend to take elements of old jobs through to new ones, and so day to day my role is very wide ranging, with much of my time business facing, tackling issues or looking to improve on the impact of my teams work within the firm.
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Lots! It really can be varied which is what makes it interesting. This can range from business review meetings, analysing current performance vs. budget, pricing, profitability analysis, review of potential lateral hires, project work, and trend analysis. There is always something going on!
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The Balance Secret Series provides an insider view on the realities of working within the different specialist roles that occupy a law firm finance department.
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Annual accounting and SRA Accounts Rules inspections are a routine part of law firms’ calendars. Accurate, secure accounts management is a tremendous responsibility and preparing for these yearly events is often a stressful and worrying time.
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When Bana Vaid & Associates’ previous software supplier announced it was phasing out its legal accounts system and pushing clients to migrate to a more expensive replacement, the practice took a contemplative look at its options.
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With over 2500 lawyers on six continents, Hogan Lovells needed a highly configurable PMS platform that would allow the firm to effectively manage the global business. To enable this, the firm embarked upon the “Single Finance System” project with the Thomson Reuters Elite 3E platform at the very core of this global implementation.
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When Jane Lodeto and Jane Elgar formed their new legal practice, Browns Solicitors, a year ago, they immediately set about requesting quotes from suppliers of legal accounts software.
