The legal industry is well past the days when scrawled notes in a day planner constituted time recording. The business of law has changed, requiring that time entries comply with client requirements and firm objectives. We believe the path forward is a new concept that we call “compliant time”: a way to streamline timekeeping and improve time-capture accuracy while also ensuring adherence to OCGs.This ebook explores the gaps and inefficiencies in the current stateat most law firms and shows how compliant time can help resolve these issues. Insights into how current processes impact and inhibit internal law firm stakeholder objectives reveal why firms simply must find new approaches. Declining realization rates, competitive market forces, and lawyer attraction/retention challenges are all factors that point to a need for change in time and billing technology.
New researchconducted by Intapp found that, while Mid Law firms attest that data-driven strategies are highly important in all areas of the client lifecycle, a significant gap exists as to how or whether they are currently deploying enabling technologies such as intelligent automation. Read the ebook to discover the full breadth of this gap, and learn best practices for how you can use technology to drive growth in the client-empowered era.
In our technology-enabled era, most law firms have moved away from
manual processes to embrace electronic timekeeping. However, many
continue to struggle with time entry accuracy and bill rejections related to
noncompliance with outside counsel guidelines (OCGs). All stakeholders—
finance, operations, lawyers, and clients—want to solve this problem; not
only does it result in inefficiencies of process and reduced realization due to
write-offs, but it also impacts client goodwill. Firms know something needs
to change, but so far, they haven’t found the answer. In short, they have
arrived at a crossroads.
This ebook explores the gaps and inefficiencies in the current state. Insights into how current
FRONTEO provides end-to-end project management, litigation consulting and eDiscovery solutions for a global base of law firms and corporations. To meet customers’ time-critical information needs, Chief Operating Officer David Wilner, requires connectivity and data center solutions that can handle hundreds of terabytes of data—reliably and at top speeds.
That’s why, by 2013, Wilner could no longer tolerate the reliability issues he was having with the company’s previous network provider. In search of a better partner, Wilner’s team chose Spectrum Enterprise. Unlike other providers who, Wilner felt, take little accountability for network reliability, he appreciated that— same as FRONTEO itself—Spectrum Enterprise offered a true end-to-end solution.
Published By: Computhink
Published Date: Dec 10, 2007
Like most law firms, Salter Feiber deals with vast amounts of documents, a significant portion of which needs to be kept for long periods of time. "We tried to keep the files closed during the last 12 months onsite," says Kim Chewning, Firm Administrator. "Everything else was sent to a third party for storage in a secure facility." However, as the archive grew, so did the storage cost.
Published By: Polycom
Published Date: Jun 29, 2017
Law firms are under increasing pressure to respond quickly – often within hours – to client demands. Failure to increase agility can result in costly client churn, but law firms are often ill-equipped to be so nimble.
As a result, it may be time to consider a technology that has been proven integral to law firms around the world - video collaboration.
In under 30 minutes, we'll explain:
Common use cases for video collaboration - going way beyond team meetings to the tasks at the heart of practicing law
The types of solutions deployed - if you think an expensive, wall-mounted, on premise solution is your only option, you may be surprised by what's available
From the meeting room to the courtroom - hear how a this technology is proliferating the courtroom and how the best lawyers will be equipped to take full advantage
DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Our portfolio of live events, online and print publishing, business intelligence and professional development brands are centred on the complexities of technology convergence. Operating in 42 different countries, we have developed a unique global knowledge and networking platform, which is trusted by over 30,000 ICT, engineering and technology professionals.
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