USA/Canada News
Thomson Reuters Elite, part of Thomson Reuters Legal, today announced that Milbank, Tweed, Hadley & McCloy LLP has selected 3E® as its future finance technology platform, in order to enhance its financial management capabilities.
An integral element of the Elite Enterprise Business Management Solution, 3E provides strong workflow and automation capabilities and a scalable foundation built to help firms manage every operational aspect of their business.
Headquartered in New York, Milbank’s 660 lawyers service global clients from 12 locations across its global network. 3E will now provide the firm with a long-term solution that is continuously developed and enhanced. The powerful technology behind 3E is set to evolve with Milbank, meeting its needs today and well into the future. Furthermore, Milbank will be using the multi-currency, global reporting capabilities and workflow tools to ensure that the running of its practice is streamlined and improved.
“At Milbank, we are focused on finance technology solutions that enhance client value, support outstanding client service, and facilitate lawyer efficiency. After a thorough evaluation that saw us working closely with the Elite team, we determined that 3E offers the market-leading functionality for our financial and practice management that will enable us to do this,” said Mat Rosswood, Chief Financial Officer at Milbank. “We are very excited to evolve our finance technology platform with a solution that can be adapted to meet our exact needs.”
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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