Legal software specialist Keyhouse Computing is offering legal practices the opportunity to win up to €40,000 worth of products and services to streamline and automate their business.
The promotion comes after Keyhouse was acquired in July by Dye & Durham, a larger Canadian peer.
Keyhouse said the contest is the first of its kind globally and will give law firms the chance to access exclusive best-in-class tools that will improve internal processes and enhance efficiencies, while also providing the flexibility needed to expand a business.
Law firms interested in entering will find more details at www.keyhouse.ie/law-firm-transformation.
Keyhouse, led by Brian Sweeney (61) and Stephen Keogh (48), was established in 1989 and provides cloud and tech solutions to the majority of the top law firms in Ireland. Sweeney became a director in 2000 and Keogh joined the board in 2004.
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Keyhouse Computing Ltd did well through the pandemic, booking a net profit of €190,000 after the 50/50 company owners shared €240,000 in pay and pension remuneration, up 20% on the previous year.
The company had 23 people employed in 2020 and trade debtors in December 2020 were €370,000, down from €430,000 a year earlier.
Net worth at period-end was €356,000, including balance sheet cash of €650,000. Liabilities amounted to €750,000, though €450,000 of that was deferred income.
Managing director Brian Sweeney said the acquisition by Dye & Durham will allow Keyhouse to invest further in its technology and services.
”This move will also provide clients with access to the most cutting-edge and secure cloud technologies available, while also offering Keyhouse the opportunity to expand further into international markets,” Sweeney added.
Keyhouse is the fourth Irish acquisition made by Dye & Durham over the last 18 months, joining other legal services companies including Brady and Co., Rochford Brady Group and Hibernian Legal.
Keyhouse said it will now engage in greater integration with all third-party systems from within the wider Dye & Durham operation such as Search Facilities, Anti Money Laundering, Quote Conversion and On-Boarding applications as well as Compliance modules.
Dye & Durham said its objective is to create a fully integrated technology platform for law firms in Ireland, led by the Keyhouse practice management system.
According to Sweeney: “Dye & Durham began this venture because they believe in everything Keyhouse stands for, and naturally we're delighted to have our technology, service and personnel recognised by such a prestigious international brand.
“Our focus is on helping law firms to do better, and by joining the Dye & Durham family, we can now increase our offering to clients, allowing them to continue to thrive.”
Sweeney and Keogh have remained with the business.
Dye & Durham has effected over 30 acquisitions since its inception, and was recently rebuffed in its attempted takeover of Link Group.
COO Martha Vallance commented that Keyhouse is now a critical part of the backbone of the company’s operations in Ireland.
“We look forward to consolidating the impressive legacies of these esteemed Irish brands which offer a combined experience of more than 100 years serving the Irish legal profession,” she added.
Photo: Brian Sweeney (left) and Stephen Keogh. (Pic: Sean Brosnan)
