Legal

There are a number of unique challenges associated with management information and business intelligence in the legal sector. Financial reporting from complex practice management systems such as Elite and Aderant is in itself a challenge, but with the additional burden of increased sales/marketing focus, customer profitability and global practice group and sector views, there is a need to engage with specialists both in the BI and legal space.

Managing Partner, Chris Kwouk says “As many as half the law firms in the top 6-20 slot have invested significantly in reporting across the firm to help use their information to better differentiate themselves and get an edge in a competitive market. This includes better use of data to plan global expansion, tighten billing processes, reduce WIP, increase cross-sell and up-sell and to drive individual partner performance. The magic circle are now behind the game and while their challenge is even greater,  I believe it is only a matter of time before they take a leap of faith.”

Gathering information requirements and an aligned strategy from partners across the network globally and by practice requires a uniquely collaborative approach and strong expertise.

Increasingly, firms are also looking for a more instant view of what is going on in the firm and with this in mind we have partnered with time capture and expenses experts  who have developed a bespoke BI offering for both tablet and desktop. Read more about our partnership and what our first joint client Simmons & Simmons had to say about it in our press release.

Engagements would typically begin with an information strategy review or perhaps a review of an existing data warehouse or reporting system.