Firm Honored for Innovative Use of Information Technology to Create Business Value.
IDG's CIO magazine has announced that Foley & Lardner LLP is a recipient of the 2010 CIO 100. The 23rd annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT).
“This year's CIO 100 awards draws well-deserved attention to companies that are not only innovating with IT but creating genuine business value as well,” said Maryfran Johnson, editor in chief of CIO Magazine & Events. “These winning companies and their IT organizations are an inspiration to businesses everywhere.”
The firm received this honor in large part for its budget management tool – a technology developed by Foley that provides its attorneys and clients with real-time data regarding actual fees incurred against budget, enabling its attorneys to manage work for clients efficiently and provide predictable pricing. This Web-based tool provides the data and reports necessary for the effective management of matters and fees, and greatly enhances communication and collaboration with firm clients.
“In collaboration with clients, our attorneys use the budget management tool to proactively manage legal projects and budgets to ensure client business objectives and fee expectations are aligned, provide predictable pricing and avoid budget surprises, which are all capabilities highly valued by our clients,” said James R. Kalyvas, chair of the firm's Information Technology & Outsourcing Practice and one of the lead business representatives in the development of this tool.
The Foley budget management tool is just one of the technology-based solutions Foley offers that promotes collaboration between the firm’s attorneys and its clients while integrating seamlessly into day-to-day firm activities. Another such tool is FOLEY ClientSuite, a dedicated Web site that allows clients to track and manage matters and acts as a repository for case files and other information.
“We pride ourselves on the use of innovative technology to address client concerns and improve our ability to deliver high-quality services with distinctive value,” said Douglas D. Caddell, chief information officer at Foley. “Through Foley’s client service interview program, we listen to what our clients have to say and heavily invest in technology that allows us to better address client service requirements and thus exceed their expectations.”
About the CIO 100
The recipients of this year's CIO 100 award were selected through a three-step process. First, companies filled out an online application form detailing their innovative IT and business initiatives. Next, a team of judges reviewed the applications in depth, looking for unique practices and substantial results. Finally, CIO editors reviewed the judges' recommendations and voted on the final 100. Once the top 100 honorees were selected, several honorees were chosen to receive an additional special award. The recipients of this special award will be revealed at the CIO 100 awards ceremony in August. Complete coverage of the 2010 CIO 100 awards are online at www.cio.com and will be featured in the August 1st issue of CIO magazine.
About Foley & Lardner LLP
Foley & Lardner LLP continually evolves to meet the changing legal needs of our clients. In a recent survey of Fortune 1000 corporate counsel*, Foley ranked first for superior client service and value. We also were named to the InformationWeek 500 list for four consecutive years for our client-focused technology. With nearly 1,000 attorneys in 21 offices and more than 60 practices, Foley strives to provide high-caliber business and legal insight. Our team-based approach, proprietary client service technology, and practice depth enhance client relationships while seeing clients through their most complex legal challenges.
About CIO Magazine
CIO produces award-winning content and community resources for information technology executives thriving and prospering in this fast-paced era of business, as well as creates opportunities for information technology and consumer marketers to reach them. The CIO portfolio includes CIO.com, CIO magazine (launched in 1987), CIO Executive Programs and the CIO Executive Council. CIO properties provide business technology leaders with analysis and insight on information technology trends and a keen understanding of IT's role in achieving business goals. The U.S. edition of the magazine and website are recipients of more than 200 awards to date, including three Grand Neals from the Jesse H. Neal National Business Journalism Awards and two Magazine of the Year awards from the National Society of Business Publication Editors. CIO websites and magazines appear in more than 25 countries, including Australia, Canada, China, France and Germany. CIO are produced by CXO Media a subsidiary of International Data Group (IDG), the world's leading technology media, research and event company.
*The BTI Consulting Group (Wellesley, Massachusetts)