Track your firm's profitability
Small law firms report writing off 31% of their time for various reasons. Sometimes it's time spent getting up to speed. Sometimes a client simply isn't willing to pay for extra time spent on a task, even if that extra time provides great value.
Firm Central and Practical Law: Write Downs and Fee Adjustments (1:10)
What if you could be up-front and clear with your clients on fees and defend the value you provide?
With the integration of Firm Central and Practical Law, you can set clear expectations with your clients about the cost of the matter while easily providing the billing option that works best. Diminish fee adjustments by spending fewer hours getting up to speed, and start further ahead with client and matter management work.
One of the ways we're able to drive down costs for our clients is to be able to integrate the varying Thomson Reuters products we use. With this integration, I can access all of the information in my firm from anywhere in the world
Roeder Smith Jadin
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