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This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
US firm Elite Data Processing has won the contract to supply City firm Rowe & Maw with a new billing system.
Project "Trident", using software from Elite, will replace the current Wang system by March 1995.
The Trident plan incorporates a relational database accounting system with a PC network-based front office suite of applications using open technology.
Elite's Informix relational database will accommodate reporting and marketing requirements. Management reporting will become more flexible, with fee earner Executive Information System (EIS) facilities, available in a Microsoft Windows environment.
Chris Pullen, head of marketing at Rowe and Maw, says the Wang system is reliable but no longer state of the art. "We now need a quality system to provide a quality service to our clients," he says.
The new system will provide more detailed information for clients, as well as improved fee earner productivity, the firm claims.
The IT tender was issued to five suppliers.
"Elite has proven itself in the market because some of the top 20 law firms have already used its software successfully. There is no danger of it not functioning. It's been tried and tested as well as being the leading edge in computer technology," says Pullen.
David Thorpe, Elite's UK sales manager, says of the deal: "It is a nice account to have and we hope this relationship will carry on for many years."
The US-based supplier has successfully courted law firms since it first came to London in 1993 and is a strong competitor to well-established UK firms.