Eliminate Recordkeeping Woes With Legal Practice Management Software

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Tracking the success of your law firm can be a challenging endeavor. Fortunately, recent advents in technology have afforded law firms an easier method of tracking company progress with practice management software. Legal software can help firms maximize staff productivity by streamlining several crucial areas of operation, such as conflict avoidance, data collection storage, docket/calendar management and profitability.

Conflict Avoidance

This feature allows firm to avoid conflicts of interest by centralizing client information within the firm's legal management software (LMS) system. Once the system administrator defines what type of client information the tool will track, users can check for potential conflicts by typing keyword descriptions such as client names, data type numbers and vendor information into the application search box.

Data Collection Storage

This program collects and organizes raw financial data. The tool allows firms to make more confident financial decisions by organizing data in a way that allow users to make comparisons and identify trends.

Docket and Calendar Management

This application improves resource management by allowing calendar events and scheduling activities for the entire staff to be maintained under one platform. Additional benefits include increased administrative efficiency, more hands-on project management oversight and decreased insurance liability.

Enterprise Information Portal

A portal allows users to remotely access the firm's practice management applications, thereby extending the ability to conduct job-related tasks beyond the workplace.

Server-based Document/Case Management

Document and case management systems such as WANDOCs provide convenient and reliable access to documents and case files on a single interface. Some of the many features include unlimited customized fields, bates numbering, rule-based buttons and data exchange providing document assembly.

Profitability

This tool can breakdown the profitability of virtually any aspect of firm operations; per client, per case, per specific area of law, etc. This capability allows firms to take a more fact-based approach when making decisions pertaining to hiring, staff reductions, billing rates and collections among other areas.

These are just a few examples of how LMS systems can ease the record management side of running a legal practice. Practice management systems have already assisted several law firms across the country in improving staff productivity, accessing records and making more financially-sound business decisions.

About the Author:
Thomas Davidson, principal of the information technology consulting division for Rippe & Kingston, is the author of this article on LMS and other practice management software. Rippe & Kingston Systems, Inc. is an international information technology solutions and services firm with clients in 43 states and nine countries.



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