Pro-Insights Reporting Package for Law Firm Finance FP&A
Clear Profitability Analysis
easily presentable to
Interact with our Pro-Insights package below. Each Power BI report includes customizable metrics and calculations that are tailored for Legal Practices.
Data Analytics Supported Profitability Analysis
Our legal firm data analytics solution offers a unique approach to combining various data sources with financial data in a single unified space. With our platform, your firm can integrate HR resource planning, improved cost transparency, and budgeting to gain a comprehensive view of your business.
Our approach aims to provide your firm with greater cost transparency and more accurate budgeting. You can also forecast and scenario plan to make informed decisions about resource allocation and hiring needs.
By combining these data sources in a single unified space, the end goal is to enable your firm to make data-driven decisions and optimize your operations for maximum efficiency.
Timekeeper Profitability Dashboard
Our available filters enable you to segment data in various ways, such as Industry/Client hierarchy, Office, Title, and even analyzing a single Docketing timekeeper. Plus, our dashboard displays client matter at a detailed level of the Client-Industry hierarchy, or as a drill-through report, and the data is filtered for all clients specific to a responsible timekeeper.
What’s more, our timekeeper data presentation includes a Timekeeper Summary card, Billable Hours by client, Profitability comparison, Timekeeper P&L, and Gauges showing calculated Profit Margin, Leverage, Utilization, and Realization.
With this comprehensive overview of a timekeeper’s docketed hours, utilization, cost to serve, write-offs, realization, and other metrics, you can make strategic decisions to enhance revenue and reduce costs
Client Performance Dashboard
The profitability comparison feature on our dashboard enables you to easily compare your actual vs. budget or year-over-year profitability by industry, client, or matter. With our summary card, you can see billable hours, fees, write-offs, costs, profit, and profit margin at a glance. And, at the bottom of the dashboard, a profitability by client report is available for deeper analysis.
With this information, you can make informed decisions about where to allocate Partner and other timekeeper time. You’ll be able to easily identify which clients and matters are most profitable and which ones need attention to become profitable. Our interactive dashboard allows for quick and easy identification and addressing of unprofitable client matters, resulting in increased revenue and decreased costs.
We offer improved visibility into the key areas of your operations
Frequently Asked Questions
Within 48 hours, someone from our business intelligence team will be in touch with you soon to answer your inquiry. For any immediate inquiries, call 905-947-1223.