firm insights

Resources

Empowering Success: Discover Our Range Of Resources

Our Resources

At FirmInsights, we’re committed to supporting our clients with valuable resources.
On this page, you’ll find useful snaps from our dashboards, case studies, and articles, each designed to help you understand and utilize our tools effectively. We’re proud to offer these resources to enhance your experience and success with FirmInsights.

Write Оffs Analysis Dashboard

Significant Reduction Of Write Offs

An Israeli law firm with more than 180 lawyers.

On the “Write Offs Analysis” dashboard, you’ll see a clear demonstration of how FirmInsights has enhanced performance since its adoption in 2022. The data illustrates a significant reduction in the firm’s write-offs, dropping from 5.35% to 1.18% of all hours. For a law firm with an average billing rate of $ 150 per hour, this reduction translates into substantial savings.

Profitability Dashboard

Substantial Increase in Profitability Trends

A mid-sized NY based law firm.

The introduction of FirmInsights to this American law firm in February 2023 dramatically transformed their profitability trends, as clearly shown in the dashboard snapshot provided. By equipping the managing partners with robust tools for financial analysis, FirmInsights has revitalized the firm’s financial trajectory—from a previously declining firm to one experiencing significant growth annually. Notably, 2023 has emerged as the most profitable year in the firm’s history.

Employee Analysis Dashboard

Constant Analyzing Of Your Employees

A New Jersey based law firm.

On the ‘Employee Analysis’ dashboard, you can witness the transformative impact of FirmInsights on managing workforce efficiency. This dashboard displays a detailed evaluation of each employee’s contribution, breaking down metrics such as billable versus non-billable hours, cost implications, and the overall distribution of hours worked. All the data is intuitively presented through graphs and pie charts, making the bottom line for every employee clearer than ever.

Transforming a NJ Law Firm: How FirmInsights Boosted Efficiency and Profitability

In today’s data-driven world, law firms are increasingly adopting Business Intelligence (BI) tools to overcome operational challenges and boost profitability. FirmInsights shines in this competitive landscape, providing an advanced BI solution specifically designed to help law firms make informed decisions and achieve financial stability. Discover how one NJ law firm leveraged FirmInsights to transform their financial management and streamline operations for remarkable growth.

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Navigating Law Firms’ Data-Driven Future with FirmInsights

In an age where data is king, law firms are keenly turning to Business Intelligence (BI) tools to navigate the complex legal terrain. FirmInsights stands out in this evolving landscape, offering an advanced BI solution meticulously crafted for law firms that aim to enhance decision-making and gain financial control over their business operations.

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How FirmInsights Helped a Mid-Size NY Law Firm Increase Revenue by 17%

A well-established New York small-medium law firm, employing approximately 60 lawyers, faced challenges in effectively managing its operations and improving profitability. Despite the firm’s strong reputation, equity partner compensation remained low, leading to persistent frustration. Following an outdated model, the finance department worked diligently but focused primarily on basic tasks such as bookkeeping, billing, collections, and profit distribution calculation among partners.

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