BigHand

📢 We're excited to be Prime Partners at this year's ALPMA: Australasian Legal Practice Management Association Summit + ALTA - Australian Legal Technology Association on the 11th - 13th September in Brisbane! This year's summit program will focus on what human skills are needed, now and into the future, to ensure our people are equipped and empowered to successfully leverage and enable technology to drive their strategic business outcomes. 🤝 Our BigHanders can't wait to see you there and discuss how our solutions can help you drive productivity within your law firm. 👉 Find out more about the event here: https://lnkd.in/e37mm7dD #ALPMASummit #ALTACON #BusinessOfLaw #LegalPracticeManagement #LegalConference 

🔎 "It’s encouraging to see from the data that law firms are mandating more matter budgets, but there is still a way to go until this is seen across higher percentages of overall matters. While many firms view the concept of creating a budget at the beginning of a matter as an additional admin task, with the right processes and tools in place, we see our clients gaining huge value from a profitability standpoint." George Egford, Solutions Manager at BigHand, gives commentary on data around matter budgeting in the brand new market research analysis from BigHand. 📖 Read the pricing and budgeting benchmark report to see more data insights: https://lnkd.in/dyN6Pwz8 #LegalTrends #LegalInsights #LegalFinance #MatterPricing #LawFirms #LegalTech

💭 "The solution gives users the ability to accurately and intuitively price, track and manage the financial performance of matters within the firm. Precedent H reporting is reduced from hours working in spreadsheets, to a few clicks of a button, allowing litigation teams to stay highly efficient." 🗃 George Egford, Financial Productivity expert at BigHand explores how the right legal technology makes filing Precedent H a much more efficient process. Find out more in George's blog 👉 https://lnkd.in/eimKUQDy #LegalTech #MatterPricing #PrecedentH #LawFirm

💭 "The solution gives users the ability to accurately and intuitively price, track and manage the financial performance of matters within the firm. Precedent H reporting is reduced from hours working in spreadsheets, to a few clicks of a button, allowing litigation teams to stay highly efficient." 🗃 George Egford, Financial Productivity expert at BigHand explores how the right legal technology makes filing Precedent H a much more efficient process. Find out more in George's blog 👉 https://lnkd.in/eimKUQDy #LegalTech #MatterPricing #PrecedentH #LawFirm

Do you want a proven way of decreasing the time from prebill to bill cycle, meaning more cash through the door faster? ⏩ 💲 Join us on the 30th of July as Jeff Suhr, Vice President of Financial Operations at BigHand, takes you through how you can transform your billing workflow with BigHand PrebillManager. Some key themes include: - Reduce prebill distribution cycles from days to less than an hour  - Minimize revert times from lawyers to billers in mere minutes  - Accelerate cash flow with faster bill processing Register now 👉 https://bit.ly/3S73kdu

💬 "Clearly, firms seem to recognize the requirement for more flexibility in pricing, but are they doing enough to prioritize this? With the global economy starting to stabilize, firms need to listen to clients’ needs to gain a competitive edge through differentiation and take advantage of the likely growth in demand for legal services." President of the Global Legal Market at BigHand, Eric Wangler, discusses meeting client demands with legal pricing and budgeting technology. Read more via the link below 👇

🎉 US law firm Newmeyer Dillion is driving a culture of profitability with BigHand Business Intelligence & AlertManager. Hear from Executive Director Lisa Waligorski, CLM, PHRca, SPHR and Controller Kelly Hess on why they chose BigHand below 👇 #legaltech #businessintelligence #profitability #lawfirm

Not only are law firm clients wanting more financial transparency, they are also asking firms to demonstrate the value of their investment. Here are 3 things firms are doing now to meet client demands:  ⬆️ Increasing frequency of communication with clients 📊 Training lawyers to have more commercial awareness ⚙️ Implementing a business intelligence tool Check out to this blog by BigHand's Rod Wittenberg to discover more: https://lnkd.in/epYKiJEZ #BusinessIntelligence #Profitability #FinancialProductivity #LegalTech #LegalTechnology

🔎 " Enhancing profit visibility through effective matter budgeting is crucial. Implementing these practices will not only meet client demands for better transparency and cost predictability but also support the financial health of the firm. In an increasingly competitive legal landscape, firms that prioritize flexible, client-centric pricing models and rigorous financial tracking will be better positioned for sustained success regardless of market conditions." Eric Wangler, President of the Global Legal Market at BigHand, gives commentary on data around legal pricing models in the brand new trends analysis from BigHand. 📖 Read the pricing and budgeting benchmark report to see more data insights: https://lnkd.in/dyN6Pwz8 #LegalTrends #LegalInsights #LegalFinance #MatterPricing #LawFirms #LegalTech

📊 97% of law firms say they have restructured or introduced support teams in the past 2 years, with 52% of those firms planning to make more changes over the next 2 years. Data analysis from the report 'Trends Analysis for Legal Support Staff Structures, Costs and Value' shows that the most popular support staff model in 2024 is 75% in teams, 25% direct lawyer. Whilst this is a progressive step towards a more centralized approach, the 50:50 model hasn't progressed as quickly as firms expected last year, and firms will need access to the right data to decipher the right structure. 👉 Access the report for more data insights: https://lnkd.in/eJ88R5CC #LegalTrends #LegalInsights #SupportStaff #WorkflowManagement #LawFirms #LegalTech