How small firms use legal practice management software
Post on 15-Apr-2017
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Top Challenges Faced by Small Firms and how Legal Practice Management
Software Can Help
1. Acquiring new client business (27%)
2. Clients demanding more for less or rate pressure from
clients (21%)
3. Spending too much time on administrative tasks and not
enough practicing law (15%)
4. Cost control and expense growth (13%)
5. Increasing complexity of technology (12%)
888-432-1529 | www.rocketmatter.com
Top Challenges Faced by Small Firms
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Acquiring New Client Business
Winning a new client costs as much as
10 times more
than retaining an existing one
888-432-1529 | www.rocketmatter.com
Downward Pressure On Rates
A median of 21% to 30% of all law firm fees came from discounted rates in
2015
888-432-1529 | www.rocketmatter.com
888-432-1529 | www.rocketmatter.com
Solution: Reducing Administrative Tasks
888-432-1529 | www.rocketmatter.com
Matter Templates Automate your checklists and workflows
Bill As You Work
Run Invoice and Collect Payment
Add billable time as you attend events, generate documents, etc.
Time to bill with LPM is reduced to minutes, collect payment from clients in-app
Rocket Matter allows you to bill for: • Calendar Events • Tasks • +Expense/Time • In-app Timers • Documents • Notes • Email • Phone Messages • Documents created
from Templates
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Solution: In-Depth Reporting
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• Productivity Per User
• Billable Activity by User
• Expenses Report
• Collections Report
Regularly tracking KPIs keep you aware of your firm’s financial health and productivity!
Solution: LPM Software that’s Easy to Use
888-432-1529 | www.rocketmatter.com
• User-friendly interface
• Intuitive features
• Gamification- a unique take on training
• Demos to get your feet wet to see if Practice
Management Software is right for you!
Feedback from Rocket Matter Users
888-432-1529 | www.rocketmatter.com
• 30% more billable hours captured per month • 40% reduction in administrative staff needs • 23% increase in overall revenue
Nefra MacDonald nefra@rocketmatter.com
888-432-1529 | www.rocketmatter.com
Tim Baran tim@rocketmatter.com
Thank you from your presenters!
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