Fieldfisher Announces Record H1 Performance and 20% Revenue Growth, Underpinned by New ERP Solution, LexisOne™
European law firm, Fieldfisher, has announced a record H1 revenue performance of £76.8 million, representing growth of 20%.
LONDON, U.K., 23 November 2017 – European law firm, Fieldfisher, has announced a record H1 revenue performance of £76.8 million, representing growth of 20%. This growth has been driven organically by attracting lateral hires and opening new offices. Underpinning this impressive performance is Fieldfisher’s new ERP solution from LexisNexis® Enterprise Solutions, LexisOne™, which went live in June this year.
Fieldfisher has replaced multiple legacy systems including finance, business intelligence and HR, with a single solution, LexisOne, which is underpinned by Microsoft’s global Dynamics platform. Cost savings from using LexisOne in place of these systems is estimated to be £1.76 million over five years.
Fieldfisher deployed LexisOne as the firm's core technology platform and business management solution in 15 months – on schedule and under budget. Fieldfisher is using LexisOne to help standardise and simplify business processes for the firm’s 1000+ employees, creating a unified business environment across its offices in Amsterdam, Silicon Valley and the UK. The firm plans to extend LexisOne to the rest of its European network in 2018.
This implementation marks a transformative step for the industry, with Fieldfisher embracing a completely new approach to law firm management. LexisOne is a cloud-native SaaS solution, which is powered by Microsoft Dynamics®365 in Azure. Collectively, LexisOne and Microsoft Dynamics 365 are providing end-to-end support – from matter onboarding and time & expense capture through to billing & cash collection.