FT Innovative Lawyers North America Awards honours McCarthy Tétrault with two awards: most innovative firm in Canada, second most innovative firm in North America.
Toronto, December 4, 2014 — McCarthy Tétrault is delighted to announce that it won the FT Award for Outstanding Innovation in Canada and was recognized as the second most innovative law firm in North America in the Business of Law category.
The awards recognize McCarthy Tétrault’s culture of innovation and focus on developing customized solutions through collaboration with clients, resulting in more value client and increased efficiency. McCarthy Tétrault’s innovative solutions including alternative fee and staffing arrangements are underpinned by structured client-teams and a Lean Six Sigma approach to legal project management. The particular solution considered for one of the awards featured the firm’s client service innovation team that works with clients to customize legal service delivery. This included alternative staffing options and a co-sourcing model leveraging the expertise of Cognition LLP, one of the firm’s preferred outsourcers.
“We are very proud our work to reinvent the way legal services are delivered has been recognized,” says Matthew Peters, McCarthy Tétrault’s National Leader, Markets. “Innovation is a cornerstone of the way we work; we continually rethink how we do business to address our clients’ need to reduce legal spend, without ever sacrificing the quality they expect from McCarthy Tétrault. This award validates our approach, which wouldn’t have been successful without the collaboration of innovative clients, open to new tools and an alternative way of doing business.”
The FT Innovative Lawyers Awards recognize market leaders and changers in the legal industry by measuring and rewarding value delivered to clients rather than more conventional metrics such as size, revenue and profit. This is the first year the awards have expanded to include all of North America, matching Canadian firms against their US and Mexican counterparts. The inaugural FT Innovative Lawyers North America Awards, presented last night in New York City, attracted 448 submissions and nominations for leading law firms and in-house legal teams.
More about the results can be found here.
About McCarthy Tétrault
McCarthy Tétrault LLP provides a broad range of legal services, advising on large and complex assignments for Canadian and international interests. The firm has substantial presence in Canada’s major commercial centres and in London, UK.
Built on an integrated approach to the practice of law and delivery of innovative client services, the firm brings its legal talent, industry insight and practice experience to help clients achieve the results that are important to them.