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Held in the Netherlands for legal thought leaders from the EMEA
Prosperoware, a leading enterprise software company delivering innovative technology that transforms the business and practice of legal and professional services, today announces its sponsorship of Lexpo.
Held in Amsterdam, Lexpo will bring legal thought leaders from EMEA to discuss innovation across Law Firm & Legal Department Business Structures, Law Firm Security, and Legal Service Delivery. The event will be held April 21st at Park Plaza Schiphol Airport Hotel.
Two fundamental shifts law firms must address through innovative, technology-driven means are the shift from revenue to profit-oriented business models as well as modernizing information governance processes. To succeed on the first, firms require comprehensive understanding of the economics of their engagements to deliver legal services profitably under increasingly complex pricing arrangements, and to do so predictably. This requires shifting away from an entrenched revenue model to a fundamentally reconfigured profit-oriented business model that will facilitate the profitability of legal services under increasingly complex pricing arrangements.
At the same time, recent law firm breaches and changes in legislation in the U.S., E.U., and elsewhere have led clients to implement more stringent information governance policies, including a fundamental shift from the “share everything” security of the past to new “need-to-know” policies. Firms must secure confidential information and establish information barriers and ethical walls without compromising productivity.
Prosperoware’s Milan InfoGov and Umbria platforms are two innovative sets of products that comprehensively satisfy information governance, compliance, and regulatory requirements, and leverage business intelligence to empower effective pricing, budgeting, LPM, and business development respectively. The Milan InfoGov platform delivers the industry’s most comprehensive ethical wall and confidentiality management solution on the market, providing an intuitive and powerful interface for risk teams and matter owners alike through enhanced administrative capabilities to distribute functions at a granular level, comply with ISO 27001, and satisfy clients’ sophisticated requirements for data privacy and security.
Umbria’s data first platform provides the core infrastructure which enables better collaboration between law firm leadership, lawyers, business development, pricing, finance, and human resources teams—delivering the data-driven decision making which enables firms to shift to a profit-oriented business model and predictably price the delivery of legal services.
Ben Weinberger, Vice President of Solutions at Prosperware, comments: “Prosperoware is pleased to sponsor the Lexpo Conference and congratulates Rob Ameerun on assembling an excellent, on-point agenda. We’re looking forward to the informative presentations and engaging sessions led by colleagues and industry leaders known to spark provocative discussions around these key areas of innovation.”
Read Law Firms Must Focus on Profits, not Revenue and Information Governance vs. Productivity: The Central Challenge.
For more information and to register for the Lexpo Conference, click here.
Prosperoware is an enterprise software company providing solutions for law firms, corporate legal departments, and professional services firms. Our customers include nearly half of the G20 and Am Law 100 firms as well as large global corporations and Big Four accounting firms. Our innovative software transforms how professionals work and enables firms to deliver more value to clients while protecting profitability. We empower firms to reduce costs, improve profitability, and better compete by:
- Simplifying iManage administration and improving user adoption of electronic files
- Enforcing and automating information governance with a focus on security and risk management
- Improving relationships with clients by delivering predictable fees and beneficial insight into the work performed
- Empowering professionals to leverage modern profitability metrics, which drive truly informed budgeting and pricing decisions
Our teams work primarily from offices in London, Chicago, and Philadelphia. Our more than 255 customers range in size from small firms with just a handful of users to those with more than 14,000. Prosperoware customers include: Akin Gump, Goodwin Procter, Baker Botts, Hill Dickinson, Berwin Leighton Paisner, DLA Piper, Duane Morris, Hughes Hubbard & Reed, Sheppard Mullin, Comcast, and NBCUniversal.
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