Introduction: Effectively navigating the intricacies of Key Performance Indicator (KPI) tracking is a critical factor…
What Is LawKPIs
LawKPIs: An easy-to-use reporting and auto alert solution for all your advance and custom reporting needs. We combine data from Clio, Clio Grow, Clio Manage, QuickBooks and Lawmatics to give you better visibility on firm’s operations that helps you to run your firm as a business and take back your time.
With LawKPIs you can embrace your data and grow your practice. We help you keep focused on the most important drivers and metrics of your law firm that help you with profitability, growth and revenue.
From billing to collections, from practice areas to attorney utilization, LawKPIs is where leading law firms turn for their answers and get their reporting issues resolved.
What is the Clio Cloud Conference?
The Clio Cloud Conference (known, affectionately, as “Clio Con”) is considered to be the best legal technology conference of the year. It’s a gathering of the brightest, most forward-thinking minds in law and technology—and it’s not just a user conference, it’s geared towards anyone, whether you are using Clio or not, or a legal professional or not.
The objective to hold Clio con is to accord you with practical skills and help you explore innovative technologies to drive your firm’s success and make a lasting impact on the legal community.
The inspiring key note speakers, thought provoking sessions led by legal and tech industry leaders on a wide range of topics like how to start a law firm, how to make legal technology work for you, ways to create a more inclusive legal system and much more exciting events, make Clio Con, one of the most anticipated and awaited events of the year across the legal and legal technology industry.
The Legal Trends Report is the detailed outcome and comprehensive report on the state of the legal industry.
Hence, The Clio Cloud Conference attracts legal professionals from across the industry—in all practice areas, at firms of all sizes, and legal professionals of all kinds: attorneys, paralegals, office administrators, bar leaders, law librarians, law students, legal technology enthusiasts, legal journalists, and others. The diverse conference programming each year speaks to these different constituencies so that everyone who attends can find engaging and relevant content they can bring back to their firms, businesses, or agencies.
Why visit LawKPIs booth?
We take pride in announcing that we are one of the exhibitors at Clio Con 2022. With the advent of legal technology, LawKPIs has made a mark and has a carved a niche for itself by serving and assisting the reporting needs of mid to large sized law firms.
WE help you identify and segment your most profitable clients so that you can target the right type of clients in your business development.
LawKPIs is easy to customize so each of your practice areas can create their own content.
With integrations of Google Analytics and leading Law Firm Management Systems, LawKPIs allows you to monitor the effectiveness of your online and other marketing efforts in real time to maximize your marketing investments.
We make it easy to identify patterns and trends conducive to the growth of the law firm with self service analytics and custom reporting.
We help integrate data from time and billing systems to analyze pricing and appropriate staffing model. This can help determine the profitability of a case type.
Manage the practice area profitability by getting relevant and real-time insights. Increase business profitability and lower costs despite rare pressure.
We help understand your profitable referral sources and improve the leads for your legal practice.
LawKPIs makes it easy to track and manage your social media ad spend effectively.
We helps you get insights into your clients data so you can better support your clients by removing some of the uncertainty and introducing a degree of predictability.
Benefits of LawKPIs – Some of our exclusive Reports, out of many that are being used by our clients –
1. Fee Allocation Report
2. Attorney Utilization Report
3. Profitability Report
4. Realization Report
5. WIP and Trust Report
1. Fee Allocation Report – Our fee allocation report best answers the question “What did we bill last month?” relative to what was collected. Fee allocation is set per invoice and automatically calculates based on the rules you’ve set globally and per matter. (Source) The best news? LawKPIs allows you to set different percentages for different attorneys for every matter. Expenses are always paid first and then the amount is allocated based on the percentages specified:
In one report, you’ll be able to immediately see the sum of:
Billed flat fees
Total hours billed
Total billed time entries.
Total expenses for the entire case (no matter who entered the expenses)
Total fees collected based on the percentage of work completed
Write offs, credit notes and partial payments