DW Reporting is delighted to announce that Mishcon de Reya LLP has selected DW Reporting’s market-leading matter pricing and budgeting solution, BigHand Evaluate.
DW Reporting is now part of the BigHand Group, working as an international leading provider of Financial Business Intelligence and Matter Pricing software to law firms.
“As a result of a very successful pilot process, Mishcon de Reya has selected Evaluate to support its approach to data-driven matter pricing, budgeting and tracking, enabling greater insights into the efficient management, process and profitability of legal transactions. The solution will now be rolled out to more departments within the firm.
Ultimately this technology further enhances the client relationship by providing an up to date and accurate statement of costs incurred against budget. This leads to a more timely conversation with the client should the budget or scope of the matter need to be adjusted,” says Richard Hill, Evaluate Regional Manager EMEA for DW Reporting.
"I’m delighted to welcome yet another prestigious law firm into our ever growing user community," says Dan Wales, Managing Director of DW Reporting.
“Mishcon de Reya is known for its innovative and collaborative approach to new technologies within the legal sector, and we are very much looking forward to continuing our relationship with the firm,” Wales says. “After a lengthy review of the market, and a very successful pilot, we have selected Evaluate Matter Pricing to help the firm provide a more detailed and personalised approach to our pricing of individual matters. Evaluate will allow the firm to be far more detailed and granular in our approach to pricing, with the ability to automatically review historical matter data and use that to help guide future pricing for similar matters.
"Once the budget has been approved with our client, the tool will also allow us to monitor the budget in real time against actual," says Simon Kosminsky, Chief Information Officer for Mishcon de Reya. "This provides an up to date picture of progress at any point in time, leading to a more informed relationship with our clients."
For organisations interested in realising the same Matter Pricing benefits as Mishcon de Reya, a free, no obligation demo of BigHand Evaluate is now available.