Long-time Enterprise Customer Also Chooses Xcelerate Financial Reporting and Budgeting/Forecasting Thanks to Newly Offered Integration

Jun. 20, 2018

Thomson Reuters Elite, part of the Legal business of Thomson Reuters, today announced that Kauff McGuire & Margolis LLP is building on its long-standing partnership with Elite and selected ProLaw® to support the next phase of the firm’s growth. The firm will also be utilizing Xcelerate Financial Reporting and Budgeting/Forecasting, now that its capabilities have been expanded to enable integration with ProLaw.

The firm, which has 25 attorneys and 50 employees in total, is based in New York City, and is a specialist in representing management interests in labor, employment, and immigration matters. The firm has been an Enterprise® customer for nearly 25 years and found ProLaw to be the right comprehensive business management solution to meet their specific needs.

ProLaw was selected due to the docketing and calendaring management capabilities for the firm’s lawyers and the fact that time entry, accounting, and financial management are all integrated in one seamless solution. ProLaw allows lawyers to save significant time and increase efficiency in managing their cases, while offering integrated accounting and financial management capabilities to increase overall firm efficiency.

As well as ProLaw, the firm will be utilizing Xcelerate Financial Reporting and Budgeting/Forecasting from Thomson Reuters Elite partner OLAP Vision. Xcelerate is the only web- and Microsoft® Excel®-based budgeting and forecasting application built specifically for the legal and professional services industries and will enable the firm to significantly enhance their financial reporting and budgeting.

ProLaw from Thomson Reuters Elite is the comprehensive, one office business management solution designed for everyone in your office. Intuitive features simplify, streamline, and coordinate the work of lawyers and staff in small and mid-sized law firms, corporate legal departments, and government agencies. Built entirely on Microsoft .NET, ProLaw combines case and matter management as well as time entry, billing, and accounting capabilities within a single integrated solution. ProLaw Mobile provides remote access to ProLaw data via iPad®, iPhone®, and Android™ devices. For more information, visit ProLaw.

Xcelerate Financial Reporting and Budgeting/Forecasting is a web- and Microsoft Excel-based solution for the budgeting and forecasting of operating expenses, fee earner revenue, employee compensation, and capital expenditures. Xcelerate integrates with ProLaw and quickly plugs into human resources and payroll systems to push global assumptions from a firm-wide level down to the individual fee earners and employees. Dashboards provide a single view into firm performance with drill-down capabilities and real-time alerts to help protect profits and plan with greater confidence. For more information, visit Xcelerate.

Kauff McGuire & Margolis LLP has been representing management interests in labor and employment matters for over 45 years, and added a renowned immigration group in November 2017. Headquartered in New York City, KM&M also maintains a satellite office in Los Angeles particularly to service the firm’s many entertainment clients. For more information visit www.kmm.com.

Thomson Reuters Elite is the leading global provider of innovative business management solutions that enable law firms and professional services organizations to streamline operations, maximize efficiency, and increase visibility into all aspects of their businesses. Elite is focused on enabling firms of all sizes and locations to meet their true potential and provide the best service for their clients. For more information, visit Elite.