If you're struggling to pull good metrics on legal spending, you're not alone. A recent Altman Weil survey found that while 39% of law departments report collecting and analyzing management metrics to improve efficiency, only 6.6% report getting real value from those efforts. Corporate legal departments often track the status and progress of their matters using email and spreadsheets. While these tools can do the job, they are hard to manage and the potential for mistakes is high. In addition, they can’t provide the kinds of metrics and key performance indicators needed to control costs and effectively manage ongoing matters. That's why Insight Enterprise includes includes a central data warehouse and the business intelligence tools needed for effective cross-matter reporting. These reports will provide key performance indicators needed to control costs and effectively mangage ongoing matters.
By Guest Blogger: Catalyst Repository Systems, Inc.
