Top tips for making IT budgeting easier from 3Kites

So goes the opening line from the Spice Girls debut hit Wannabe.  As a law firm, it’s so much easier to know what you want when you have an IT strategy that underpins a broader business strategy.

Intelligent Office: Eight big calls for law firms’ 2022/23 budgeting

At Intelligent Office, all the parts of our business and our 850 people are focused on helping lawyers and other professionals get better at running their support processes and delivering efficiency and value.

Iridium Technology: Law firm budgeting and forecasting – How automation helps you hit the mark with ease

Are your law firm’s budgeting and forecasting processes too much like pin the tail on the donkey, full of blind guesstimates, wishful targeting, and unpredictable results?  

Litera signs agreement to acquire Clocktimizer

Litera, a global leader in legal technology solutions, today announced it entered into an agreement to acquire Clocktimizer, a leading budgeting and pricing platform that helps law firms improve internal processes and increase firmwide profitability.

Penningtons Manches Cooper increases financial insight and optimises matter budgeting process with BigHand

Leading UK and international law firm, Penningtons Manches Cooper, has optimised its matter budgeting with the help of BigHand’s legal pricing and budgeting tool, for increased commercial awareness and client transparency. The firm was an early adopter of the technology, initially looking to implement legal finance dashboards in real-time for internal reporting. As Clare Arthurs, […]

BigHand announces the release of its latest version of matter pricing and budgeting solution

Today, BigHand has announced the release of BigHand Evaluate 2.9, the latest version of its progressive matter pricing and budgeting solution, with improved use of historic data to inform new budgets, management of grouped budgets, and expanded central configuration features. BigHand Evaluate provides access to timely and comprehensive insight on legal transactions. The solution gives […]

Research shows law firms lack vital visibility into matter budgeting and profitability, according to BigHand

The latest legal pricing and profitability research, released today from BigHand, has revealed that legal matter pricing and budgeting processes are flawed for the majority of law firms. A startling low percentage of firms have access to up-to-date budgeting information, and an even smaller amount provides regular updates on budget overruns to its partners – […]

Clocktimizer webinar wrap-up: Data driven budgeting

Yesterday saw the third of our half-hour fireside chats, covering the creation, management and implementation of data driven budgets. We were joined by Anshoo Patel, the Associate Director of Practice Innovation at Blank Rome, Mark Medice of LawVision and our own Co-Founder Pieter van der Hoeven. We’ve put together a quick wrap up of some […]

Law firm library services: Four questions to guide strategic budgeting by HBR Consulting

Fall is officially here, and many of us are already enjoying colorful leaves and cooler weather. Along with these pleasures of the season, many law firms are also gearing up for another budget cycle. While the annual process of reviewing prior spend and projecting future costs can be time-consuming, it is worthwhile to use budget […]