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Press Release
Allen & Overy LLP Now on ELITE 3E
LOS ANGELES, June 4, 2009 – The deployment of ELITE 3E® by the international legal practice Allen & Overy LLP as the platform for its financial management system marks an important milestone for Elite, part of Thomson Reuters.
Allen & Overy is the largest international law firm to go into production on 3E to date. The firm has 31 offices in 22 countries and more than 5,000 employees.
3E enables Allen & Overy to handle its matter inception, billing and management reporting far more effectively and will ensure consistent processes and controls throughout the firm.
“We have replaced Elite Enterprise and nine other local systems with a state-of-the-art practice management system which will support our entire global network and give us significant headroom for future growth,” said Wim Dejonghe, managing partner, Allen & Overy. “Importantly, it will also enable us to provide a much- improved service for clients, giving all our lawyers around the world instant access to the most up-to-date client information and billings.”
“This is a great step for Elite and for Allen & Overy,” said Steve Buege, president and CEO, Elite. "3E will deliver the up-to-date financial information Allen & Overy needs, at the right time, to the people who need it. This will be important in helping them remain one of the world's leading law firms.”
"This is a big change for the firm, delivered as the result of a close collaborative partnership between us and Elite, and one that I am very excited about,” says Ian Dinwiddie, Allen & Overy’s group finance director. “Moving to 3E is a major step, a bit like going from a tape recorder to an iPod. The new technology in 3E really opens up a whole new world of opportunities for us and will help to significantly reduce our costs.”
Allen & Overy’s preferred approach was to bring all of their offices live, simultaneously, which occurred on May 25. The success of this complex project was made possible through the focused efforts of a joint Allen & Overy and Elite project team, which used the extensive customization framework within 3E to adapt the software to the firm’s new optimized business processes.
Editor’s note: Implementations of ELITE 3E are ongoing around the world, with numerous firms scheduled to be running on the platform soon. Visit http://www.elite.com/newspress/ to get the most current information on the latest firms to purchase and implement ELITE 3E.
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About Allen & Overy
Allen & Overy is one of the world’s leading international legal practices. It has approximately 5,000 staff, including some 450 partners, working in 31 major centres across the Americas, Asia, Europe and the Middle East. For more information visit www.allenovery.com.
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About Elite
Elite is a leading provider of integrated information solutions to professional services firms worldwide. Elite is part of Thomson Reuters and is a premier provider of financial and practice management systems to the legal industry and to other professional services markets, including accounting, marketing services, and management and IT consulting. For more information, visit www.elite.com.
About Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minn., Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange, Toronto Stock Exchange, London Stock Exchange and NASDAQ. For more information, visit www.thomsonreuters.com.