Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
BigHand Matter Pricing is an innovative tool that leverages artificial intelligence to assist law firms in effectively budgeting, pricing, and tracking their matters from a financial perspective. This solution, which integrates seamlessly with practice management systems, enables pricing teams and attorneys to secure improved financial results by utilizing data-driven budgets and cost assessments, optimizing resource allocation, minimizing write-offs, and providing transparent reporting to clients. By enhancing financial management of legal matters, firms can boost their profitability while delivering greater value to clients. The platform allows for the creation of both simple and intricate budgets tailored to client needs, facilitating the real-time calculation of essential key performance indicators. Additionally, it harnesses historical data to guide decision-making and offers options for selecting various resources and fee structures to forecast the most advantageous pricing strategies. Ultimately, this tool not only helps increase a firm's profits but also eliminates inefficiencies from manual reporting processes, empowering legal professionals to make more informed financial choices. Moreover, it fosters a comprehensive understanding of matter profitability, enabling firms to thrive in a competitive landscape.
Description
BigHand Resource Management serves as a comprehensive tool for legal work distribution and resource management, enabling law firms to pinpoint resources, anticipate utilization, oversee workloads, and provide a structured approach to lawyers' career advancement. This solution offers real-time insights into team availability and associated costs, enhances profitability on cases, and promotes diversity, equity, and inclusion objectives through fair distribution of work. It provides a comprehensive view of capacity at the individual lawyer level, across teams and practice groups, allowing for strategic planning and work allocation based on client requirements, holiday scheduling, profitability considerations, and diversity initiatives. Additionally, it empowers lawyers to monitor their progress against essential metrics and objectives, fostering a sense of ownership over their responsibilities. The platform also includes a searchable database of lawyer skills, industry knowledge, established relationships, and language proficiencies, along with insights into current spending rates and upcoming allocations relative to matter budgets, thereby assisting partners in effective matter management and strategic decision-making. This comprehensive approach ensures that law firms can operate efficiently while nurturing the professional growth of their lawyers.
API Access
Has API
API Access
Has API
Integrations
.NET
Microsoft Office 2021
Visual Studio
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
BigHand
Founded
1995
Country
United Kingdom
Website
www.bighand.com/en-us/our-solutions/matter-pricing/
Vendor Details
Company Name
BigHand
Founded
1995
Country
United Kingdom
Website
www.bighand.com/en-us/our-solutions/resource-management/
Product Features
Product Features
Resource Management
Capacity Management
Data Visualization
Demand Forecasting
Drag & Drop
Employee Scheduling
Filtered Search
Resource Allocation
Skills Tracking
Utilization Management