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Centralized Data Repository Results in Significant Business Efficiencies and Return on Investment
LOS ANGELES, Jan. 15, 2013 – Thomson Reuters Elite today announced that DibbsBarker, a leading commercial law firm, has deployed MatterSphere across its offices in Sydney and Brisbane. MatterSphere is legal matter management software that provides a central location for all of DibbsBarker’s matter-related data. It has significantly enhanced the firm’s client and matter opening processes.
“MatterSphere’s centralized database stores valuable information that was formerly manually entered into client reporting systems, spreadsheets or standalone databases. We have already eliminated numerous information silos and enhanced risk management with an improved new business intake process,” said Richard Figar, IT manager at DibbsBarker. “MatterSphere also provides us with a range of new functionality that was simply not previously available to the firm.”
MatterSphere consolidates DibbsBarker’s matter data into one central database that has been integrated with its existing document and practice management systems. As a result, the firm has automated a number of its processes. New clients and matters are now open and active within minutes, a huge improvement on the previous process which took 24 to 48 hours. MatterSphere also updates matters in real-time, which enhances production of precedents and bills, ultimately lowering the risk of correspondence containing inaccurate information. Furthermore, the firm can better manage its risks through online client approval and verification, as well as audit tracking of matter activities including conflict searches, credit assessment and cost estimate histories.
DibbsBarker estimates that the cost of implementing MatterSphere will be offset by replacing a number of disparate products throughout the firm used for handling precedents, workflow, case flow and document assembly. With the removal of these products, savings include costs in the area of maintenance, consulting, and licensing.
MatterSphere integrates with 3E, Enterprise and many other financial management and document management platforms. It is embedded in the Microsoft Office environment to unite operations and promote collaboration across the enterprise and with a firm’s clients. Visit MatterSphere for more information.
DibbsBarker is a commercial law firm with 350 partners and staff located in offices in Brisbane, Canberra and Sydney. DibbsBarker has the expertise, experience and depth of resources to meet legal needs in the core industry areas of energy, resources & infrastructure, financial services, insurance, medical & pharmaceutical, and property. To help clients achieve their business goals, DibbsBarker believes lawyers need to be aligned with, and part of the same industry. With a deep understanding of the challenges and developments occurring in each industry, the firm is able to balance the full spectrum of legal and commercial issues for optimal outcomes. For more information, visit DibbsBarker.