When data becomes insight, you win.
When data becomes insight, ideas are generated.
“Oh, we have the data. We just don’t have the resources or expertise to distill actionable information.” With billing and cost data housed in legacy systems with limited reporting capabilities, it’s difficult to make informed decisions about how to grow your firm. LegalEye® Law Firm Analytics Services help partners and other stakeholders identify, measure and monitor relevant performance metrics that reflect the dynamism of today’s legal services landscape.
As CPAs, we understand how pricing pressures and changing service models can thwart a firm’s ability to meet its goals. Our expertise in data mining and modeling, cost accounting, dashboarding and scorecarding allow you to slice and dice the data for more meaningful views of your business.
When ideas are generated, strategies are developed.
Think about what you could do with timely and accurate performance metrics that are easily understood by all. How might you price certain work differently? Would your budgets and forecasts be more accurate? Would such information support or change your ideas for improved resource deployment? By working with you and your finance department, we arm you with the knowledge and tools required to:
Rapidly respond to RFPs and win more business
Strengthen existing client relationships by benchmarking firm performance to identify not only best practices, but also service differentiators
Improve matter budgeting accuracy
When the right strategies are implemented, goals are achieved.
Having timely, accurate and easily understood information is a key component to achieving your goals. Just as expectations of your partners and staff must be constantly managed and balanced (optimized), so too must those of your clients, their staff and other stakeholders. Our solutions reflect a long-term view of those tenets.