The Legal sector has been continually buffeted by change of late, what with everything from Royal Commissions to marketing uncertainty, as well as disruptive market entrants. The old norms of managing client and case data is now being questioned.
New engagement models are turning the sector upside down, with many organisations trialling new approaches. At the same time, clients now demand greater payment flexibility, as they struggle to meet the rising costs of engaging legal services.
All of this has increased your need for greater agility and accuracy in your planning processes. The old days of running everything on spreadsheets, or taking six months to create a budget are gone. Your company is now judged on your rapid response to challenges and your speed of service delivery. Having the agility to deliver effective long range planning scenarios amid constant uncertainty could be the difference between making the correct investment decision every time the market shifts.
The PracticePlanner is specifically designed to help legal legal organisations drive better Performance and Metrics by enabling:
Partner and Client Profitability
including a range of cost allocation methodology.
Revenue Planning
Set up effective utilisation and fee-earner assumptions
Cost Budget
Set cost targetes for shared services operations.
Strategic Initiatives
Add new practice areas and offices to your group.
What If' Scenarios
Run full profitability analyses across multiple assumptions before making your decision.
Reporting
Quickly deliver operational, departmental and board reports
PMsquare Asia stands ready to assist you to become the leading legal firm in your market through making better use of your data and analytics. To learn more about how PracticePlanner can help you to achieve more with your data, schedule a call with one of our Experts.