Howard Kennedy, a leading London-based law firm, has successfully addressed capacity challenges within their Banking and Real Estate Finance team, resulting in exceptional outcomes.
The Challenge
When a specific client approached Howard Kennedy with a substantial increase in the number of transactions required in a short space of time, the firm faced a challenge. Existing processes meant the team involved had reached capacity, necessitating either the recruitment of additional fee earners or significant process improvements. The crux of the issue lay in the manual transfer of information into 17 separate documents, a time-consuming and error-prone process with associated risks.
The Results
The client feedback highlights Howard Kennedy's achievement in overcoming these challenges. The firm now completes matters ten days faster than other law firms handling similar work portfolios. This impressive turnaround has led to several key benefits:
This achievement represents the successful integration of technology and a fundamental shift in how work is approached at Howard Kennedy. The firm has embraced a new way of working that emphasizes adaptability and efficiency, setting a benchmark in the industry.
For more information on Howard Kennedy's remarkable achievement and to explore the complete case study, please visit https://kim.world/3tNvaCn.
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