Introducing Enterprise Resource Planning
Fieldfisher recently took the decision to adopt an enterprise resource planning (ERP) system. The plan is to replace multiple business systems with LexisOne, an integrated suite of applications, which includes all the core business capabilities we need as a law firm – general ledger and legal accounting; matter planning; time, travel and expense processing; billing; procurement; purchase; business intelligence and asset management; and human resource management.
In doing so, Fieldfisher hope to become a highly efficient business operation (of course), but more importantly, the approach will deliver value to their clients too. It’s not a decision Fieldfisher took lightly – there is a strong business rationale behind it.
This article by Mike Giles, Finance Director at Fieldfisher appeared in Lawtech magazine.