Top International Law Firm Olswang Selects Elite 3E Practice and Financial Management Solution
LOS ANGELES, May 9, 2011 – Olswang, a leading international law firm with a commanding reputation for helping change business landscapes in a wide range of industries, has selected ELITE 3E as its new practice management system. After an extensive review of the options available, Olswang selected the system to serve its global staff of over 650, including more than 100 partners across six European offices.
“3E will become an essential tool to achieve our key strategic objectives,” commented Olswang's chief executive, David Stewart. “It will provide accurate management information for decision support, workflow of our key business processes, such as billing, and easier access to client and matter information for our lawyers via a fully web-based system to help provide better and more efficient service to our clients.”
Commenting on the system's advantages, Olswang's finance director, Edward Gordon-Hall, continued, "3E will enable us to drive profitability through enhanced financial management, aligned particularly with the global reach of our operations. In addition, 3E will provide the platform to empower our people to better manage their clients and their own performance.”
3E is a full multi-currency, multi-language system designed to meet the accounting and compliance requirements of international firms such as Olswang. Some of the most valuable features in 3E for Olswang include embedded reporting and drillable metrics, key performance indicator (KPI) tracking and matter budgeting. 3E’s integrated development environment (IDE) will enable Olswang to easily customise processes and incorporate new features as the demands of business change over time.
Olswang’s IT director, Clive Knott, added, “We wanted a more proactive business intelligence suite of client information that could integrate with all of our technology platforms. 3E delivers this, enabling us to consolidate multiple systems and databases into a single 3E system and readily share data with other key software applications in the firm.”
“It is a pleasure to welcome Olswang to our growing list of 3E clients,’’ said Kim Massana, president of Elite. ‘’Olswang conducted a detailed functional and technical evaluation of all options and 3E came through in shining colours. The 3E platform is now well-proven and we are seeing significant market adoption by law firms internationally.”
ELITE 3E offers powerful core financial and practice management features and built-in application development capabilities, all seamlessly integrated into one high-performance system. Designed from the ground up on Microsoft .NET, 3E provides an integrated development environment that enables firms to become more agile in responding to client needs. A full suite of capabilities is delivered through a consistent web-based user experience that allows staff to easily track and manage activity on a multi-office, global scale.
Olswang is a leading law firm with a reputation for changing business. Not just the legal profession, which we’ve influenced by embracing brave new relationship models, but also our clients’ businesses and the wider industries in which they compete.
Founded in 1981, our Firm has grown to a team of over 650, including more than 100 partners across six European offices. We’re also proud of our long-established best friends' network, consisting of leading independent law firms throughout the world as well as our formal alliance with major US law firm, Cooley LLP.
Energy, confidence and responsibility are the hallmarks of our meritocratic, unstuffy culture. We strongly believe that our people are among the brightest and most commercially minded the profession has to offer, evidenced by the close, trusted relationships they inspire.
For more information or to set up an interview please contact:
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020 7067 3009
Media & Communications Officer
020 7067 3046
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.
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