Foot Anstey is one of the UK’s top 100 law firms, with over 50 partners and 500 staff – and one of the largest firms outside London. The firm, which has been in existence for over 100 years, is firmly rooted in the Southwest of England, with offices in Bristol, Exeter, Taunton and Southampton.
The law firm prides itself on offering high quality services at a fraction of the cost of London-based firms. However, with pressure on fees becoming even greater, and growing numbers of clients pushing for a fixed-fee model, it has become imperative for all fee earners to have accurate and up-to-date performance, efficiency and financial insight.
For Foot Anstey, a strategic overhaul of the Practice Management system in 2015 prompted a review of the way in which key strategic performance and finance information was provided to the business. As Neil Demuth, Executive Director, Finance Operations explains, “We recognized the need to improve our reporting structure to provide partners and lawyers with readily available information to help them better understand how they are performing, reinforcing a corporate culture of financial control to meet both our own and our clients’ business needs.”
The new Practice Management system included a reporting solution, but the firm decided it was not fit for purpose.
“It didn’t feel intuitive for the end user,” Demuth says.
Having assessed the market, the firm opted for BigHand Quantum Financial Data Warehouse, not only for the intuitive user experience and self service information access it provides but also the company’s deep understanding and experience of the legal marketplace.
To compliment Quantum, Foot Anstey later turned to BigHand's matter budgeting and pricing solution, BigHand Evaluate.
Read case study
We work hard to make sure our technology delivers results for your business. Get in touch to find out how BigHand can help you save time and money.