Leading Environmental Law Firm to Transition from Enterprise to Multiple Solutions from Thomson Reuters Elite

Dec. 18, 2019

Thomson Reuters Elite, part of the Legal?Professionals division?of Thomson Reuters, today announced that leading environmental law firm Beveridge & Diamond PC is the 300th firm to choose the market-leading business enterprise management solution 3E®. As part of its transition from Enterprise®, the firm will be adopting several other Elite solutions, including eBillingHub®, 3E Data Insights, and 3E Budgeting and Forecasting, as well as partner solution Cosine Matter Planning.

Headquartered in Washington, D.C. and with more than 120 lawyers across seven U.S. offices, Beveridge & Diamond provides strategic counsel on all matters relating to environmental law, as well as representing clients in environmental, toxic tort, and other litigation. An Elite customer since 1998, the firm chose to implement 3E following a rigorous market review.

By harnessing the power of 3E, Beveridge & Diamond will benefit from significant efficiencies through automation, enhanced financial management capabilities, and paperless billing. Further, the firm will be well positioned as it considers a potential longer-term transition to 3E in the Cloud.

In addition to adopting 3E, Beveridge & Diamond will streamline the complexities around dealing with multiple vendors through the deployment of eBillingHub, the leading electronic billing solution designed specifically for law firms. The firm also will benefit from robust visualization tools and actionable insights available through 3E Data Insights, further enabling data-driven decision-making.

Further, the firm will be adopting 3E Budgeting and Forecasting, a web- and Microsoft® Excel®-based solution for budgeting and forecasting of operating expenses, fee earner revenue, fee earner compensation, and capital expenditures. Finally, the adoption of partner solution Cosine Matter Planning will help maximize the capabilities of the 3E platform through more accurate resourcing, pricing, and profitability of matters.

“We are thrilled to mark this tremendous milestone of 300 customers for 3E, with the selection of our market-leading enterprise business management solution by Beveridge & Diamond,” said Barb McGivern, General Manager, Legal Professionals Mid-Size Law, at Thomson Reuters.” More and more firms continue to embrace 3E as the platform of choice to power their businesses into the future, bringing together data, analytics, and insights to drive lawyer and law firm decision-making.”

3E from 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 business. Designed from the ground up on Microsoft .NET, 3E offers built-in application development capabilities. Why does it matter? The unique architecture enables firms to become more agile, lawyers to quickly respond to client needs, and staff to easily track and manage activity on any scale—from single-office to multi-office and multinational. 3E is the next-generation technology that can help firms improve efficiency, increase profitability, and confidently take on a future without limitations. For more information, visit 3E.

Beveridge & Diamond has more than 120 lawyers in seven U.S. offices who concentrate their practice on environmental litigation (including toxic torts), regulatory, compliance, and transactional matters. Widely recognized as one of the premier environmental law and litigation firms in the U.S., and for its leadership on diversity and inclusion, the firm helps clients in numerous industry sectors resolve critical environmental and natural resource challenges relating to their facilities, products, and operations around the world. Learn more at www.bdlaw.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.