Global News
In Response to Growing Client Demands for Greater Efficiency and Visibility
Thomson Reuters Elite, a leading global provider of enterprise business management solutions to legal organizations and professional services firms, announced today the launch of its Client & Matter Management solution.
A component of Elite’s comprehensive Enterprise Business Management Solution (EBMS), the Client & Matter Management products are designed to help firms manage every aspect of their businesses and execute on strategic goals.
MatterSphere, the matter management offering, and Engage, the legal project management offering, are specifically designed to address firm demands to reduce costs and improve profitability while increasing client satisfaction.
Elite’s Client & Matter Management products improve efficiency and control throughout the entire matter lifecycle by eliminating information silos and centralizing access to client and matter data. Clients establish consistency in their matter workflow processes to ensure cost efficiency, as well as adherence to firm guidelines. Because the Client & Matter Management solution makes it easy to develop matter pricing that is predictable, transparent, and profitable, firms can easily optimize and track matter performance against their budgets.
Foley & Mansfield, a national law firm based in Minneapolis, looked to Thomson Reuters Elite last year to help the firm streamline and unify the firm’s technology and related business processes across its 10 offices. “Foley & Mansfield selected the Client & Matter Management solution to support the continued growth of our firm by providing a centralized, extensible platform for our business and financial systems,” said Peter Torseth, Director of Finance. “After exploring numerous technology solutions, we found nothing on the market comparable to Elite’s enterprise-wide technology platform. As our implementation progresses, we increasingly realize the full potential for the Client & Matter Management solution in streamlining our processes and improving client service through enhanced practice efficiencies.”
“Now more than ever, it is crucial that firms be able to deliver on their client requirements without being restrained by a lack of accessibility to critical information, visibility to matter workflow processes, or insight to profitability and performance,” said Elisabet Hardy, vice president of product management, Thomson Reuters Elite. “Client & Matter Management within Thomson Reuters Elite’s EBMS provides improved efficiency, reliable consistency, and predictable and transparent pricing. Many firms have already made the transition to our Client & Matter Management solution to streamline processes and repeatable practices, and we anticipate an upward trend in firms choosing to save time while meeting growing client demands.”
Elite’s Client & Matter Management solution will be featured at LegalTech New York 2014. For additional information, visit Client & Matter Management.
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. Our next-generation technology connects people, tasks, workflows, and business processes and is tailored to help firms and organizations meet organizational requirements and strategic goals.
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