Elite say 'we still dominate Big Law in the US'
Elite has just released figures showing that a large majority of the AmLaw top 100 and 200 US law firms are customers of its financial and practice management software solutions. Based on the 2009 results, Elite customers account for 64% of the Top 50, 70% of the Top 100 and 65% of the Top 200. Elite add that their market share “is more than double that of its closest competitor.” Elite also say “the market share looks the core financial systems installation. If they don’t use Elite for their primary finance and accounts systems, we don’t count them. Many vendor statistics muddle the data by counting a customer if they have any of a company’s products purchased or if a small acquired office still has their system. We believe that to be a misleading way to count the market share of the financial practice management applications. It’s always important to make this explicit clarification.”