Law Technology Today From the ABA Legal Technology Resource Center
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Software Overload – Why It’s Killing Your Law Firm Profits and Tips to Increase Productivity
August 26th, 2020 2:00-2:30 PM ET
Is your law firm managing financials and juggling important client data between multiple software solutions? A software for time and expense tracking, a software for billing, a software for accounting, a software for task and calendar management—trying to keep up with the updates and repetitive data entry in all solutions?
Are you piece-mealing your critical financial data into spreadsheets with the hope the data provides accurate real-time performance metrics? In addition, you’re paying the price to maintain each solution and wishing they were fully-integrated.
Business analysis provides the metrics and proves that managing business operations with these types of inefficiencies wastes 32 days/year and results in wasted employee productivity, lack of real-time performance metrics, and worst of all staff does not efficiently manage the data or adapt to using multiple solutions.
Law firms that have migrated from multiple software to a fully-integrated, modern cloud-based Practice Management Solution increased client retention five times over law firms that have not. Law firms that migrated their practice 100% to cloud-based solutions witnessed a 15% year-over-year revenue growth—a stark difference between those who have not adopted fully-integrated cloud based Practice Management Solutions.
Join this webinar to learn how you can transform your firm from out-dated to out-pacing your competition, all while making changes piece by piece with no disruption to your business!
Learning Objectives:
1. How to advocate for change and update technology
2. How to avoid these pitfalls and recover from them
3. Understand the negative impact of disjointed applications—why they are detrimental
4. Learn the benefits of managing your law practice in a fully-integrated solution
5. Get a checklist to select a state-of-the-art, fully-integrated Practice Management Solution
