Iridium Technology ask: is your law firm tracking the right KPIs?

Law firms, like any other business, must continuously track their key performance indicators (KPIs). These metrics go far past the Billable Hours metric that most attorneys track closely and are a great way to help legal teams better manage revenue and expenses. KPIs provide law firm partners and administrators with data analytics that provide an overview of […]

Iridium Technology: 5 revenue metrics all law firm leaders need to know and track

Law firms are in the business of helping people, but they are still businesses. Large law firms have teams of people working on analyzing and investigating their performance on key metrics. Smaller law firms, on the other hand, may struggle to allocate adequate resources to analyzing their financial metrics. Regardless of firm size, there are […]

Iridium Technology discuss: If you’re using Aderant for billing, you need a business intelligence dashboard

Many law firms today have already taken advantage of Aderant, the innovative billing solution for legal teams. However, as law firm leaders know, there is more to running a legal firm than simply billing. While it is certainly an important aspect, there are other metrics law firms must track, as well. It is for this reason […]

The 2019 Legal Lab Executive Summary, from HBR Consulting

Legal Lab 2019, HBR’s fifth annual gathering of leaders from leading law departments and law firms, marked a turning point from prior years where we were poised on the brink of change in the legal industry. Alignment and collaboration between law departments and law firms were the themes of this year’s Legal Lab. As the […]

Growth and gratitude: HBR recognized as one of America’s fastest-growing private companies

The legal industry is in the midst of a major transformation, and HBR Consulting is fortunate to be at the forefront of that change. As trusted advisors and providers to both law departments and law firms, we understand how the unique strategies and needs of each intersect. By bringing their voices and perspectives together, we […]

HBR Consulting discuss their recent visit to ILTACON 2019

It was great to see so many friends at ILTACON in Orlando last week – it was an excellent opportunity to network, learn and have fun. While this year’s conference theme and location surrounded us with nostalgic TV characters and the magic of Disney, there was nothing “old-school” or “Mickey Mouse” about ILTACON’s content. Following […]

Implementing a law firm records disposition program, from HBR Consulting

Managing a records retention and disposition program is one of the chronic challenges for any organization in the information age. Businesses and government agencies of all sizes are seeking to implement or improve these programs due to increased risk of cybercrime and data breaches, the complexities of complying with a variety of data privacy laws […]

Five reasons to build your law firm’s IT security framework on NIST standards

Law firms are daily targets for cybercrime and targeted data breaches. Criminals are keenly aware thatlaw firms can be a “back door” to valuable confidential data, such as trade secrets, intellectual propertyand financial information related to potential business deals. In fact, 23 percent of law firms reportedthat they have been the victim of a data […]

HBR Consulting discuss: How law firms and law departments can harness innovation

In a profession enamored with centuries-old precedent, the term “legal innovation” has long been an oxymoron. Lawyers were commonly—and often rightly—perceived as too stagnant and tradition-bound to embrace radical change. But more recently, legal innovation has taken off, garnering extensive buzz in the industry. The “innovation” label has been slapped on everything from alternative fee […]

How can PitchPerfect help you with monitoring your success rates and improving your bid process?

With PitchPerfect’s included PitchTracker module, recording information is easy, allowing effective tracking of past and present pitch documents. The PitchTracker pane, which is completely configurable for your firms reporting requirements, enables you to capture information about the pitch, such as: Submission Deadlines Won/Lost Lead Person Hours spent Opportunity value Client, Sector, Service Line, Office, Region, Team […]