Condor Alternative Legal Solutions wins at the FT Innovative Lawyers Awards
Fieldfisher's Condor Alternative Legal Solutions has won the FT Innovative Lawyers Award for 'New Business and Service Delivery Models'.
Fieldfisher wins the award for 'New Business and Service Delivery Models' at the FT Innovative Lawyers Europe Awards 2017
Fieldfisher won the FT Innovative Lawyer Award for 'New Business and Service Delivery Model', held last night at the iconic Natural History Museum in London, for Condor, our unique Alternative Legal Services platform, launched in January this year.
Judges commented, "The firm’s delivery platform for large-scale document automation projects combines lawyers' legal and regulatory expertise with low-cost legal and business process services and technology. Condor Alternative Legal Services is run as a separate service, has a dedicated chief executive and can deliver cost reductions of up to 50 per cent against traditional law firm pricing."
Christopher Georgiou, Condor CEO, said: "This is recognition of the innovative platform we have created bringing to market the first genuinely integrated law firm wrapped managed legal services model, partnering with a number of best in class third party providers. As a result of listening to what our clients need, Condor has been incredibly successful and has quickly established itself as a go-to provider for clients requiring cost effective and efficient solutions for large scale documentation repapering projects such as EMIR, MiFID II, GDPR and Brexit, data extraction and analytics projects, trading and commercial contract negotiation or KYC/AML processes."
Now in its eleventh year of publication, the FT Innovative Lawyers Report has become one of the top legal rankings in Europe and the accompanying awards are widely regarded as the best researched in the market. Over the past decade, it has assessed legal innovation in over 50 different countries from over 400 of the best law firms and over 400 company in-house legal departments. Shortlists for the awards comprise the top ranked submissions in each section of the report. The FT and its research partner RSG Consulting have devised a unique methodology to rank lawyers on innovation. Law firms, in-house legal teams and other legal service organisations are invited to submit their innovations. These are then subjected to thorough research and analysis including robust client, independent, and expert references.
Each entry is scored for originality, rationale and impact. Fieldfisher was the outright winner with the most points in this category, and came ahead of Allen & Overy and Baker & McKenzie among others. Click here to view the full rankings.