Category: Reporting & Analytics

Stay up-to-date on all things legal technology, including practice management, payments, automation, and more.

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Billing, Payments & Accounting

Best Techniques For Reviewing Revenue and Expenses

Law firm leaders understand the concept and importance of profitability. Nevertheless, in many practices, expenses and revenue are not reviewed on a regular basis. While your firm may be focused on other aspects of maintaining business, it is imperative that steps are taken to ensure your firm continuously reviews its

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person holding receipts while using a calculator
Billing, Payments & Accounting

Controlling Expenses

The goal of all law firms is to be profitable, but achieving that goal can be difficult for some lawyers. Generating income is, obviously, the first step towards making a profit; of course, income can only be generated if billable hours are accurately recorded and invoiced to clients, and if

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woman giving a presentation regarding KPIs
Reporting & Analytics

How to Build a Better Law Firm KPI Dashboard

Law firm KPIs, or key performance indicators, are metrics used to evaluate specific goals and aspects of your firm’s success. By tracking KPIs, you obtain valuable data that provides insight into how your firm is functioning and whether your performance is meeting your expectations across specific areas.

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man at laptop with papers in one hand
Reporting & Analytics

CARET Legal Feature Spotlight: Effective Rates Report

Measuring the productivity and profitability of your timekeepers is rarely straightforward. There is, of course, the hourly rate and total billable hours for any given matter, but that fails to look at all the different variables: differing rates by matter or client and time spent on the matter that can’t

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