Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
The legal spend management solution driven by AI leads the industry with its exceptional analytics capabilities. By revealing trends and discrepancies in litigation expenses, it highlights effective strategies and identifies areas needing improvement. The second-generation e-billing platform, Milliman Datalytics-Defense®, leverages AI to assess your firm's performance, facilitating a more efficient invoice review process, flagging questionable charges, cutting costs, and pinpointing best practices applicable across the firm. Crafted by actuaries with extensive expertise in the insurance sector, this solution ensures a deep-seated understanding of industry dynamics. With our specialization in insurance, you can trust the effectiveness of our offering. The Datalytics-Defense solution seamlessly compiles fee and expense data from all vendors involved in the claims process while utilizing proprietary data-mining algorithms to extract essential insights from defense counsel invoices, ultimately enhancing decision-making and efficiency. By integrating advanced analytics with a focus on the insurance industry, our solution positions firms for greater financial success.
API Access
Has API
No
API Access
Has API
No
Integrations
Duck Creek Suite
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
BigHand
Founded
1995
Country
United Kingdom
Website
www.bighand.com/en-us/our-solutions/impact-analytics/
Vendor Details
Company Name
Milliman
Country
United States
Website
www.milliman.com/en/products/Datalytics-Defense
Product Features
Product Features
Legal Spend Management
Analytics / Reporting
No
Budgeting & Forecasting
No
Financial Controls
No
Insurance Claims Defense
No
Invoice Review
No
Legal e-Billing
No
Matter Management
No
Outside Counsel Management
No
Relationship Management
No
Strategic Planning
No
Vendor Management
No