Stewarts Law, the UK’s largest litigation only legal practice, is about to enter its second year of licensing Omnia Legal Software.
Stewarts Law selected Omnia after reviewing alternative costs budgeting options and the two firms have worked together to add to Omnia’s already considerable functionality.
The program is being rolled out across the firm and is being used for internal ‘budgeting’ as well as for the considerable number of multi-track civil matters where costs management orders have been made.
Julian Chamberlayne, KM & compliance partner at Stewarts Law, welcomed this latest milestone saying, “ Our collaboration with Omnia Legal Software means that we are able to not only produce Precedent H in our costs managed cases, but crucially we can monitor them from the outset in real time, triggering email alerts well before budgets are exceeded.
“This ultimately assists our fee earners to keep our clients informed. Whilst budgeting costs in complex litigation is inherently difficult, by using Omnia we are building up a knowledge-bank of information about our budgeted cases that will help us to continue to improve the accuracy of our costs estimates in future cases.”
Sue Nash, Omnia’s MD, also welcomed the news. “This has been our largest project to date and I am delighted with our collaboration with Stewarts Law. Omnia is an agile development which means that we have been able to incorporate additional features for Stewarts and yet further enhancements to the system are already being developed.
“We look forward to working with them to apply the benefits of costs management in other areas of their practice. This is an exciting time for both firms”.
Julian Chamberlayne also highlighted that the financial management information they are able to obtain from the program may become as important a part of the program as its core costs management function.
Omnia has also confirmed that J-Code functionality is already being programmed and that once the final format of the new Bill of Costs has been decided following the current consultation (Omnia already produces the current format bill and form N260) the program will be ready to produce the new format bill well before its use becomes compulsory – currently projected to be with effect from October 2017.