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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.
Getting the most out of your law firm data analytics is easier than you think. It starts with answering five basic questions.
Learn how legal practice management solutions allow lawyers to focus on casework instead of time-intensive administrative tasks.
If your firm is hesitant about legal cloud solutions, reconsider. Especially with security considerations of new practice management tools.
Law firm technology leads to lower costs and higher productivity, but lawyers often let short-term thinking stymie innovation.
Your practice is a professional services organization, but it’s also a business. Contemporary law office management comprises all the business processes that keep the firm operating, including marketing, finance, accounting, human resources, policies, procedures, and workflow management.
Automating your firm’s repetitive, tedious, and often non-billable tasks can help you regain 30% of your time.
Knowing how to foster collaboration in law firms is critical for successfully managing your firm. Clients expect their attorneys to address increasingly complex issues that cross areas of expertise and jurisdictions. Continuing to adhere to monolithic models and approaches will result in frustrated and unsatisfied clients, and ultimately less revenue.
Are you a lawyer looking to make the most of this downtime? Consider spending some of it focused on professional development.
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