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.
Am Law 100 Firm to Transition from Enterprise in Multi-product Deal
Sep. 13, 2018
Thomson Reuters Elite, part of the Legal business of Thomson Reuters, today announced that U.S. law firm Drinker Biddle & Reath LLP has selected 3E® as it transitions from Enterprise®. As part of the multi-product deal, the firm also will utilize Xcelerate Budgeting and Forecasting.
Ranked 74th in the Am Law 100 and with 11 offices in the U.S. and London, Drinker Biddle chose 3E following an extensive and competitive review process. 3E was selected for its state-of-the-art technological capabilities and long track record of success in the legal enterprise marketplace.
An integral element of the 3E Enterprise Business Management Solution, 3E provides strong workflow and automation capabilities and a scalable foundation built to help firms manage operational and financial aspects of their business. The robust capabilities that are provided through 3E Collections, which is included in the 3E financial management offering, will give Drinker Biddle access to a series of invoice processes connected in an overall workflow, allowing for automated collections and reduced credit risk. Finally, the adoption of Xcelerate Budgeting and Forecasting, a web- and Microsoft® Excel®-based solution for budgeting and forecasting from OLAP Vision, promises to unlock real-time insights into the firm’s revenue and expense budgets, forecasts, and other key targets.
The selection of 3E by Drinker Biddle brings the total number of Enterprise firms that have chosen to transition to 3E to 120, representing more than 46% of all firms that have selected the market-leading financial management system. Overall, 261 law firms around the globe have now selected 3E, of which more than 175 firms are expected to be live on 3E by the end of 2018.
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.
Drinker Biddle & Reath LLP is a national law firm with more than 600 lawyers. The firm provides client service in corporate and securities, litigation, government and regulatory affairs, health care, products liability, corporate restructuring, investment management, labor and employment, insurance litigation, intellectual property, employee benefits and executive compensation, environment and energy, white collar defense and corporate investigations, trust and estates, and real estate.