Winner: DLA Piper
Finalists 2011: DLA Piper, Irwin Mitchell, Keoghs, Norton Rose, Roberts Jackson, SJ Berwin
DLA Piper secured the Education and Training Initiative of the Year Award for the imaginative training programme that was implemented to support the roll out of a new budgeting tool. Following its introduction, usage of the tool increase eightfold in less than a year. This has allowed the firm to meet client demands for a more far-reaching and accurate flexible fees programme. The software programme Budgeteer allows users to create budgets for client matters that estimate the number of hours it will take fee earners working at different levels and hourly rates to complete the work. With the help of historic data, partners can then calculate the impact different gearing, discounting, recovery rates and other factors have on the work. This means that partners can have a more informed conversation with clients about fees and fee structures at the start of the case. They can also make commercial decisions on how to run the case as it unfolds.
December 07, 2011 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Winner: DLA Piper
Finalists 2011: DLA Piper, Irwin Mitchell, Keoghs, Norton Rose, Roberts Jackson, SJ Berwin
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