How Law Firms Are Using Analytics To Reduce Write-Offs

Law360, New York (November 29, 2016, 5:19 PM EST) -- With the legal client landscape continuing to measure law firms' success on the value of delivery of services, reducing write-offs is an ongoing initiative for firms. A firm’s efficiency is how write-offs are determined, making operational enhancements a core focus for law firms. Firms are already seeing the consequences from not adjusting to their new client market. Thomson Reuters’ Q1 2016 Peer Monitor Index from May of this year reported on the concerning drop of realization rates, which is at an all-time low of 82 percent.

It’s becoming an absolute necessity that law firms implement strategies to improve efficiency, staffing and...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Related Sections

Law Firms

Companies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!