| Eversheds | Standout | Billing approach for client Tyco. | 8 | 6 | 7 | 21 | The firm's performance is measured by comprehensive metrics. Payment is determined by client satisfaction and bonuses are payable if the firm proactively reduces litigation. |
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| Allen & Overy | Standout | Diligence: a flat fee derivatives database. | 7 | 6 | 7 | 20 | Developed by the firm to give clients access to cross-border information through an easy to use interface. It delivers value for money by eliminating the initial need to instruct counsel. |
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| Clifford Chance | Highly commended | Bespoke Billing Management: using a cost control manager for clients on large transactions. | 7 | 7 | 5 | 19 | A human, proactive solution to the challenge of project management and managing costs for clients. Has managed 30 big transactions, reducing the time spent by the partners on this activity and work in progress periods. |
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| iLaw | Highly commended | General approach to billing in a low leveraged law firm. | 6 | 7 | 5 | 18 | Adaptable, flexible approach to billing, partly enabled by the firm's innovative structure, whereby it only employs senior lawyers and has low overheads. |
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| Eversheds | Highly commended | Gams: Global Account Management System. | 6 | 7 | 5 | 18 | A system that marries up client service and billing initiatives, Gams offers budgeting, transparent billing and the ability for clients to access crucial management information. |
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| Addleshaw Goddard | Highly commended | Cost-free litigation package to fund class action-like claimants with the help from Calunius Capital. | 6 | 6 | 6 | 18 | The combination of different elements: third party funding, Conditional Fee Arrangement (CFA), After the Event insurance (ATE) and a hedge fund give this litigation funding arrangement an innovative twist. |
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| Wragge & Co | Commended | Using CFAs and ATE for commercial cases. | 5 | 5 | 6 | 16 | A systematic approach where all Wragge litigators are trained in how to use these funding arrangements. |
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| DLA Piper | Commended | Budgeteer. | 5 | 6 | 5 | 16 | A software system that institutionalises the firm's approach to scoping and case budgeting for litigation. |
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| Tuca Zbarcea & Asociatii | Commended | Risk-sharing in international arbitration. | 5 | 6 | 4 | 15 | Innovative for the Romanian market to use different rates for different types of work. |
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| Clifford Chance | Commended | Rugby World Cup 2007: swapping legal advice for sponsorship rights and tickets. | 5 | 5 | 5 | 15 | As official law firm to the International Rugby Board, the firm used a 'time bank' to receive 3000 tickets and branding rights. An example of payment in kind with a twist. |
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