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 BUSINESS INTELLIGENCE - Partnership with Redwood AnalyticsPress Release 7 February 2007 FMRC Legal and Redwood Analytics take business intelligence to the Australian and New Zealand legal markets. Through the partnership, Redwood will leverage FMRC Legal's expertise and understanding of the Australian and New Zealand legal landscape. The two companies will deliver valuable content, comprehensive reporting, key performance information, and knowledge services, right from the outset of the partnership. Redwood's Business Intelligence suite is used by 30% of the U.S. AmLaw 100 and firms as small as 18 lawyers alike and is already being adopted by some of Australia and New Zealand’s leading firms. These firms rely on the applications to analyse, manage, and report upon firm performance. Redwood Analytics develops business intelligence applications that help law firms access the information they need to make key business decisions regarding pricing, staffing, budgeting and forecasting. Its tools are designed with a focus on helping firms forecast profitability and shorten the budget planning cycle. Redwood’s software enables legal and business staff to quickly turn data into actionable information without an ongoing need for custom programming and complex calculations and can be applied to all areas of a law firm's business, with special modules dedicated to billing & collections, profitability, business development, productivity, budgeting, reporting, benchmarking, merger analytics and matter planning. Redwood's latest product, Lawyer Dashboard, is a software application that allows front-line lawyers to access the power of business intelligence. "Redwood is without question the leading software when it comes to business intelligence in the legal sector so they were the obvious strategic partnership choice," said Sam Coupland, Director of FMRC Legal. “Redwood is a proven solution with a solid market leadership position in the North American legal market and we know that collectively we can deliver valuable content and a comprehensive suite of analyses and information from day one." "FMRC Legal is Australia and New Zealand's largest specialist legal management consultancy and are the clear partner of choice in the legal business world," said Norm Mullock, Chief Development Officer, Redwood Analytics. “Both companies pride themselves in delivering the highest level of client service and support. It is this collective commitment to client service that made the choice to partner with FMRC Legal an easy one. Most importantly it offers clients integrated and powerful answers to their business intelligence challenges and the level of service that Redwood customers have come to expect." About Redwood Analytics Redwood's software provides immediate returns upon deployment and is sophisticated enough to grow with our customer's needs. Redwood has developed best practices for financial management, and its analytic tools provide a fresh understanding of the key drivers underlying their business performance. Redwood is widely acknowledged for the ability to design flexible solutions and meet and anticipate client needs in customer service, R & D, and knowledge transfer. For more information regarding Redwood's offerings, please visit www.redwoodanalytics.com. About FMRC Legal The organisation is recognised as a major centre for training solicitors in legal practice management. Some 5000 people have been introduced to management methods and techniques. FMRC Legal heralded productivity management methods, cash flow management techniques and partnership performance strategies that are now standard practice in progressive firms of all size. FMRC Legal provides practice management training, consulting, and conducts a number of surveys of the profession annually. FMRC Legal act for law firms throughout Australasia, from major national firms to mid-sized, boutique and progressive small firms. In addition, we also serve a number of government departments and bodies. For more information on FMRC Legal please visit www.fmrc.com.au _______________________________________________________________________
Released by: FMRC Pty Ltd For more information:
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