Audience
Businesses and firms looking for a tool to manage and track their pricing, profitability and budget
About BigHand Matter Pricing
BigHand Matter Pricing is an AI-enabled matter budgeting, pricing and tracking tool designed for law firms to manage their matters financially. The PMS-integrated solution supports pricing teams and lawyers to achieve better financial outcomes through data-driven budgets and costs, better resource plans, lower write-offs, and clear client reporting. Increase profits through better financial management of matters. Achieve better financial outcomes for increased profitability and client value through data-driven budgets and costs, better resource plans, lower write-offs, and clear client reporting. Gain a data-driven understanding of matter profitability. Create simple or complex budgets to meet client demand and calculate key KPIs in real-time. Use historical data for informed decisions and select different resources and fee arrangements to predict the most profitable price. Increase firm profits, remove wasted time from manual reporting, and make smarter financial decisions.
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BigHand Resource Management
BigHand Resource Management is a legal work allocation and resourcing tool that allows law firms to identify resources, forecast utilization, manage workloads, and add structure to career development for lawyers. The solution delivers real-time visibility of team availability and costs, improved profitability on matters, and supports DEI goals and equitable allocation of work. Get visibility of capacity within teams, practice groups, and firm-wide at an individual lawyer level. Plan and allocate work based on client demands, vacation planning, profitability, DEI, and more. Enable lawyers to track their progress against key metrics and objectives and take ownership of their workload. A searchable view of lawyer skills, sector knowledge, existing relationships, and languages. Visibility of run rate and future allocation against matter budget which helps partners with better matter management.
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BigHand Impact Analytics
BigHand Impact Analytics, formerly known as Digitory Legal, helps firms uncover the right value metrics and provides a data-driven solution to demonstrate the benefits of firms' legal services through award-winning, AI-enabled timecard analysis. This is done across firms' billing information, diversity, equity, and inclusion data, and lawyer resourcing. The solution allows firms to identify opportunities for career-advancing work, supports DEI initiatives, and focuses on areas where time recording needs to be improved, ultimately creating a smoother billing and collection process, with better data insights. Impact Analytics technology tags legal work consistently within a certain code set so that the data provides reliable insight for pricing, project management, and DEI reporting. Provides a deeper understanding of activity level unit costs that enables customers to evaluate the efficiency, transparency and profitability of their legal billing and DEI initiatives.
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Curo Matter Management
Your clients' most important matters deserve meaningful quotes, realistic budgets, and balanced team structures. Innovative pricing, analysis, and matter management, all in one place. Drive improved profitability and a high-quality client experience by balancing client needs with firm expectations and standards. Complex fee arrangements can be modeled to improve profitability and meet client demands while the team structures resources to be optimally leveraged. Achieve better matter-level outcomes by working proactively versus reactively. Tracking actuals vs. budget in real-time, Curo alerts your team to any cost overruns in the matter lifecycle, keeping costs on budget and improving margins by avoiding write-downs. By understanding client needs and managing matter scope, down to the task level, your team can deliver the optimal service for your clients' matters. Integration into billing systems allows client terms and rates to be pulled directly into quotes for accurate estimations.
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Alasco
Increase the success of your real estate projects by managing the costs, profits and ESG data of your assets in one software. We enable real estate owners to maximize their RoI and minimize their footprint through workflows & data-driven decisions. All financial data in one platform. Full transparency with automated documentation. Clear, easy-to-understand processes for even better accuracy. Stay ahead of the competition with business intelligence that sets you up for success in real estate. Plan costs and revenues, manage budgets and orders, gather data and documents and organize project members and use data intelligence to manage your project’s success. All financial data in one platform. Full transparency with automated documentation. Clear, easy-to-understand processes for even better accuracy. Save time through automation and make better decisions with accurate, real-time data.
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Integrations
No integrations listed.
Company Information
BigHand
Founded: 1995
United Kingdom
www.bighand.com/en-us/our-solutions/matter-pricing/
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