Ensure your firm is profitable and captures time effectively.
- Does your firm need to better understand the true profitability of the work you conduct?
- Do you really understand the utilisation and / or availability levels of your staff?
- Do your fee earners tell you how busy they are, but don’t always hit their time targets?
- Do you capture and analyse time in a way which makes it easy for your firm to improve performance?
The root metric for all of these factors is TIME.
Time recording and capture technology allows a professional service or law firm to accurately record the time taken to complete an activity or task.
Time capture monitors the systems used by staff and then uses clever algorithms to match its data and associated time entries to clients, matters or projects.
The technology can impact in a business in many ways. The first is the ability to record more time through intuitive interfaces and mobility. The second is option to improve the top and bottom line as more time is captured. Thirdly the information collected can be used to improve business metrics and improve cost estimates.
If you would like to discuss how a successful time recording / capture solution could impact your business, then please contact Lights-On consulting.