Insight Time Recording

Notwithstanding the advent of value billing, time recording is still essential to most law firms.  BHL Insight provides multiple paths for time capture, including time sheets, time diary, direct fee entry, automated fee entry from workflow tasks, web-based time recording and time clocks.   Different firms and individuals have their own preferences, and all are supported by the same system, allowing effective billing and productivity monitoring.

law firm fee structure

Productivity Monitoring   Fee Analysis – Slice and Dice Fees, compare and report or graph authors, departments, time periods etc.

    • Multi-dimensional analysis of work done, work billed, fees collected etc.
    • Task Analysis – look for trends in the history of matters.  Identify unprofitable or uncompetitive fee types or areas of work.
    • Maister Analysis – compare the profitability of matters by a selection of criteria.
    • Matter Budgets – fee budgets per matter.
    • General Ledger Budgeting – set and monitor budgets for general ledger account codes.

 

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