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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.
Description
Minimize the administrative tasks that weigh down your team, allowing them to concentrate on what they do best. Achieve complete insight into the performance of outside counsel, their expenditures, and their compliance with established guidelines both now and in the long run. Utilize data-driven analytics to strategically allocate departmental budgets, ensuring resources are used effectively. Discover and nurture relationships with top-performing law firms to enhance your partnerships. Renowned organizations worldwide rely on Mitratech Managed Bill Review to optimize their legal spending and performance management. Simplify the intricate legal bill review process to ensure compliance and gain better control over your expenditures, leading to improved outcomes. Our established approach to legal bill analysis focuses on attorney fees and expenses, equipping you with essential information for making more informed payment choices. Furthermore, our cloud-based software platform alleviates the challenges associated with managing legal matters, vendors, and bill reviews, streamlining the entire process for greater efficiency. By integrating these solutions, your organization can foster a more effective legal strategy.
API Access
Has API
API Access
Has API
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/matter-pricing/
Vendor Details
Company Name
Mitratech
Founded
1987
Country
United States
Website
mitratech.com/products/managed-bill-review/
Product Features
Product Features
Legal Billing
Accounting Management
Automatic Billing
Calendar Management
Case Management
Client Portal
Document Management
Expense Tracking
Time Tracking
Legal Spend Management
Analytics / Reporting
Budgeting & Forecasting
Financial Controls
Insurance Claims Defense
Invoice Review
Legal e-Billing
Matter Management
Outside Counsel Management
Relationship Management
Strategic Planning
Vendor Management