CONCORD, Mass.--(BUSINESS WIRE)--Avention, maker of OneSource Solutions for smarter business insights, today announced law firms around the world are using its OneSource Solutions to provide lawyers with relevant client and business information, research potential conflicts of interest and identify new business opportunities. Avention provides firms – such as Eversheds; Flaster Greenberg PC; Bird & Bird; and Holland & Knight – with the insights to develop detailed company reports, simplify risk and market assessments or conduct competitive research.
Becoming trusted business advisers for their clients means lawyers need to understand a company’s industry, financials, competitive landscape and so much more. Lawyers need accurate, timely information and insights to provide this level of counsel. Legal librarians, conflict resolution teams and compliance units support attorneys by using OneSource Solutions from Avention to conduct critical research and develop comprehensive reports and analyses that ensure clients receive the best legal advice.
OneSource Solutions’ deep business data helps law firms:
- Identify potential conflicts of interest with up-to-date corporate relationship, hierarchy, and merger and acquisition data;
- Conduct prospective and existing client risk assessments to ensure financial viability;
- Build thorough, accurate company reports, including summaries, news, financials and executive insights; and
- Track competitors to monitor developments, industry trends and new business opportunities and conduct resource planning.
“Lawyers need as much information as possible to provide the best counsel in today’s legal environment, which requires quick access to accurate and relevant data,” said Steve Pogorzelski, CEO of Avention. “Whether you need data to research potential conflicts of interest or to provide lawyers with critical information, we are enabling legal research and support teams to uncover the insights they need to serve clients effectively and make the best decisions for their businesses.”
What Avention legal customers are saying:
Thomas Wood, conflicts and compliance unit manager for global business law firm Eversheds, said, “Conflicts of interest are costly and embarrassing for any law firm. OneSource Solutions from Avention give our more than 3,000 employees instant access to critical information related to companies and their corporate structures. With OneSource, our team can quickly research corporate hierarchies and specific parent companies and subsidiaries when they’re investigating potential conflicts.”
Clare Bock, director of marketing for American multidisciplinary law firm Flaster Greenberg PC, said, "Our attorneys need to be well-prepared for every meeting, and OneSource Solutions from Avention help us gather from various sources the information needed to improve our client conversations. In addition to research for preparing client cases, we need to know everything we can about their companies and industries. The depth of data from Avention has improved the quality of our practice and put our firm in position to win new business."
Ralph Lepore, chair of the Directors Committee at global law firm Holland & Knight, said, “Our firm’s marketing, library services, and business intake and conflicts management departments value the breadth of data OneSource Solutions from Avention provides us about the companies that matter most to us. OneSource helps us reduce the amount of time spent on manual research across multiple sources, making it easy to quickly access the information we need.”
Read more about Avention’s solutions for law firms in this blog.
Avention, maker of OneSource Solutions, delivers smarter business insights to help companies get a deeper understanding of company, contact and market data. With an unparalleled breadth of data sources, deeper strategic analysis and live content updates, Avention provides accurate, timely information to drive growth and improve productivity. OneSource Solutions from Avention deliver customers a comprehensive view of their data so they can make more informed business decisions, stay ahead of the competition and close more deals. Headquartered in Concord, Massachusetts, with offices across North America, Europe and APAC, Avention has nearly 4,000 customers worldwide. Visit www.avention.com and follow us on Twitter @AventionInc.