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Elite Unites with Long-Standing Partner eBillingHub to Advance Electronic Billing Automation

LOS ANGELES, July 5, 2011 –Thomson Reuters today announced the acquisition of the assets of eBillingHub, a pioneer and the industry leader in electronic billing delivery and management with proven solutions that help firms quickly and effectively respond to client demand for electronic invoicing. With this transaction, eBillingHub joins Elite under the Business of Law unit of Thomson Reuters. ELITE 3E, Enterprise and ProLaw clients will benefit from complete eBillingHub integration enabling deeper efficiencies and automation to reduce cost and complexity associated with legal e-billing. eBillingHub’s rich partner network of financial and e-billing providers will be maintained to ensure its status as the industry standard platform.

“Adding eBillingHub and their deeply knowledgeable staff to the Elite family was a natural fit from a technology, business and cultural standpoint,” said Cary Burch, COO of Elite. “We are now able to further develop the e-billing solution in step with our integrated financial and practice management platforms for a simpler and more automatic process for our clients.”

eBillingHub is a centralized Web-based application that automatically configures each clients' codes and billing rules with its third-party e-billing vendor. eBillingHub improves billing accuracy and increases client satisfaction by speeding the revenue lifecycle, minimizing submission errors and reducing time-consuming manual steps that can slow down the process and create backlog for hundreds of firms ranging from small- and medium-size organizations to many of the AmLaw200.

eBillingHub's software as a service (SaaS) implementation enables legal and professional services organizations to go live on the system in as little as 4 hours, eliminating the hardware purchase requirements of traditionally delivered software.

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About Thomson Reuters Elite
Thomson Reuters Elite offers an end-to-end enterprise business management solution that allows law firms and professional services organizations to run all operational aspects of their firms including business development, risk management, client and matter management, and financial management. For over 60 years, we’ve demonstrated we understand the business and financial aspects of firm operations, with proven tools that streamline processes to increase visibility and workflow efficiency across the organization and provide the flexibility to change and grow your business. For more information, visit Elite.

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, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 60,000 people and operates in over 100 countries. For more information, go to Thomson Reuters.