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Description

BigHand Impact Analytics, which was previously named Digitory Legal, aids law firms in identifying the most relevant value metrics while offering a data-driven approach to showcase the advantages of their legal services through its award-winning, AI-powered timecard analysis. This analysis encompasses the firms' billing data, diversity, equity, and inclusion statistics, as well as lawyer resource allocation. By leveraging this solution, firms can pinpoint chances for career-enhancing assignments, bolster DEI efforts, and concentrate on improving time recording practices, which ultimately leads to a more efficient billing and collection system alongside enhanced data insights. The technology employed by Impact Analytics consistently categorizes legal work within a specific code system, ensuring that the resulting data delivers dependable insights for pricing strategies, project management, and DEI reporting. Additionally, it provides a comprehensive understanding of the costs associated with various activities, enabling clients to assess the effectiveness, transparency, and profitability of their legal billing practices and DEI strategies. This innovative approach not only enhances operational efficiency but also fosters a culture of continuous improvement within legal firms.

Description

BigHand Matter Pricing is an innovative tool that leverages artificial intelligence to assist law firms in effectively budgeting, pricing, and tracking their matters from a financial perspective. This solution, which integrates seamlessly with practice management systems, enables pricing teams and attorneys to secure improved financial results by utilizing data-driven budgets and cost assessments, optimizing resource allocation, minimizing write-offs, and providing transparent reporting to clients. By enhancing financial management of legal matters, firms can boost their profitability while delivering greater value to clients. The platform allows for the creation of both simple and intricate budgets tailored to client needs, facilitating the real-time calculation of essential key performance indicators. Additionally, it harnesses historical data to guide decision-making and offers options for selecting various resources and fee structures to forecast the most advantageous pricing strategies. Ultimately, this tool not only helps increase a firm's profits but also eliminates inefficiencies from manual reporting processes, empowering legal professionals to make more informed financial choices. Moreover, it fosters a comprehensive understanding of matter profitability, enabling firms to thrive in a competitive landscape.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

BigHand

Founded

1995

Country

United Kingdom

Website

www.bighand.com/en-us/our-solutions/impact-analytics/

Vendor Details

Company Name

BigHand

Founded

1995

Country

United Kingdom

Website

www.bighand.com/en-us/our-solutions/matter-pricing/

Product Features

Product Features

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