London
-
20 September 2011
QlikTech, a leader in Business Discovery—user-driven Business Intelligence—has today announced a series of agreements with UK law firms for the deployment of its innovative QlikView Business Discovery platform.
QlikTech and its partners have provided in excess of 3,000 user licences to UK law firms and have seen significant growth within the Legal space within the past 9 months including deployments with major practices such as Freshfields Bruckhaus Deringer, Berwin Leighton Paisner, Reynolds Porter Chamberlain, Olswang, Dundas & Wilson, Barlow Lyde & Gilbert, Silverbeck Rymer, Tods Murray and Winckworth Sherwood amongst others.
QlikTech reports that the creation of applications offering intuitive user-driven data analysis, focused on providing efficient and cost effective client management have been the primary goals for most law firms. Partners and associates operate in a highly regulated environment, which places time pressure on them to manage both their client work load as well as financial and general administration.
By deploying QlikView, law firms are able to create a support infrastructure that enables law staff and partners to view, analyse and interact with data and monitor their financial performance more effectively. The information is presented instantly through QlikView’s unique and highly intuitive dashboard, enabling managing partners to review performance and identify trends at the macro level and then to drill down through the data to understand cause and effect by client, by fee earner, by practice area and any other metric for which they hold information.
Mark Tothill, Financial Director for Berwin Leighton Paisner comments: "Berwin Leighton Paisner embarked on a corporate Business Intelligence project with the goal of improving productivity, profitability and Client-level engagement through the streamlining of the firm’s financial reporting processes. QlikView was chosen due to the flexibility of the solution to combine multiple and complex sources of data, enable multi-currency calculations, provide an intuitive user interface for Partners and Fee earners to drive their own reporting and analysis."
The QlikView application provides each user with information via a single view with a variety of graphical representations to ensure they are meeting their Key Performance Indicators (KPIs) and also the ability, at a top level, to see how they compare with peers on each KPI that is measured, such as profitability.
QlikView’s adaptability is also highlighted in the number of applications developed to understand client profitability. According to QlikTech, for some law firms, simply creating a consolidated client list can require them to call in their IT provider for help. Taking the step forward to understanding the profitability of clients, types of work and industry sectors, for example, previously presented a major challenge. QlikView enables senior partners to ask these questions themselves, and receive instant and easily understood answers.
Deep Dasgupta, Lead Strategy Analyst for Freshfields comments, “The QlikView dashboard is part of a continued project for our management team and key business users to quickly and easily view and interact with company data across the entire business.”
Another QlikView application that has been attracting significant attention is focused on conflict management; a vital requirement for any law firm before they are able to take on a new client. The process of eliminating potential conflicts of interest has previously been a time consuming and costly task. By creating a QlikView application to address the process, firms can now carry out the majority of the conflict management processes in a few moments and for a fraction of the previous cost.
Sean Farrington, VP & MD QlikTech UK, comments: “Together with our partners, we have been achieving significant success in the legal sector. Our QlikView solution is providing increased accountability and a strong return on investment. It is also leading what many managing partners see as a culture change within law firms; a desire not just to modernise certain working practices, such as administration but to actually ‘leapfrog’ other professional services by adopting the most innovative and intuitive solutions.”
About QlikTech
QlikTech (NASDAQ: QLIK) is a leader in Business Discovery -- user-driven Business Intelligence (BI). QlikTech’s powerful, accessible Business Discovery solution bridges the gap between traditional business intelligence solutions and standalone office productivity applications. Its QlikView Business Discovery platform enables intuitive user-driven analysis that can be implemented in days or weeks rather than months, years, or not at all. The in-memory associative search technology it pioneered allows users to explore information freely rather than being confined to a predefined path of questions. QlikView Business Discovery works with existing BI applications and adds new capabilities: insight for everyone, zero-wait analysis, mobility, an app–like model, remixability and reassembly, and a social and collaborative experience. Headquartered in Radnor, Pennsylvania, QlikTech has offices around the world serving more than 21,000 customers in over 100 countries.