There is a huge disconnect between clients and firms. In the latest Altman Weil survey, an overwhelming number of clients identified matter staffing and delivery as a key success factor for discounted, capped and alternative fee arrangements. Yet, only 30 percent of firms recognized the same. Without real-time visibility into matter data, firms are unable to make timely, strategic business decisions and are challenged to deliver matters in the most appropriate manner – often to the detriment of client service and the firm’s profitability. Data are at the heart of efficient and effective law firm operations, touching all core aspects of the business – from opportunity management to scoping, staffing, pricing, monitoring, and efficient matter delivery via legal project management. With an appropriate enterprise technology and data strategy, firms can deliver better client service and achieve improved matter profitability. Prosperoware Umbria is the legal industry’s only enterprise-class, data-first practice management solution. It combines client-focused and firm-focused financial management with matter delivery and business development capabilities and is the core technology now empowering many of the Am Law 100 firms’ successful strategies. Come learn more about market forces and the interdependence of the new skill sets required of law firms. We will demonstrate how Umbria is helping firms tie data together into an actionable format that achieves optimal opportunity management, effective pricing and staffing of matters, and efficient matter delivery at the agreed price, under any fee arrangement. This session will NOT be recorded.
Solution Spotlight sessions are closed to vendors.