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Growth Potential: Law Firm Earns $900,000 Selling Services Online to Clients
London-based Eversheds recently won the 2005 'Best Use of Technology' award from the European Managing Partners Forum. The annual practice-management competition is open to law, accounting, property management, management consulting and other professional services firms. Categories cover marketing, human resources programs, diversity efforts, financial management and more. I was honored to be a judge for the technology category.
Eversheds has 28 offices, most in Europe (none in the United States). The firm has 2,236 lawyers and a total staff of 3,874. Eversheds reports annual gross revenues of '302.8 million ($538 million) and profits per equity partner of '350,000 ($622,000). Its client roster includes banking giant HSBC; energy supplier Centrica; insurer Legal & General Group; utility providers National Grid and United Utilities, and manufacturer Rolls-Royce.
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In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.