How small firms use legal practice management software

Top Challenges Faced by Small Firms and how Legal Practice Management

Software Can Help

1.  Acquiring new client business (27%)

2.  Clients demanding more for less or rate pressure from

clients (21%)

3.  Spending too much time on administrative tasks and not

enough practicing law (15%)

4.  Cost control and expense growth (13%)

5.  Increasing complexity of technology (12%)

888-432-1529 | www.rocketmatter.com

Top Challenges Faced by Small Firms


Acquiring New Client Business

Winning a new client costs as much as

10 times more

than retaining an existing one


Downward Pressure On Rates

A median of 21% to 30% of all law firm fees came from discounted rates in

2015



Solution: Reducing Administrative Tasks


Matter Templates Automate your checklists and workflows

Bill As You Work

Run Invoice and Collect Payment

Add billable time as you attend events, generate documents, etc.

Time to bill with LPM is reduced to minutes, collect payment from clients in-app

Rocket Matter allows you to bill for: •  Calendar Events •  Tasks •  +Expense/Time •  In-app Timers •  Documents •  Notes •  Email •  Phone Messages •  Documents created

from Templates


Solution: In-Depth Reporting


•  Productivity Per User

•  Billable Activity by User

•  Expenses Report

•  Collections Report

Regularly tracking KPIs keep you aware of your firm’s financial health and productivity!

Solution: LPM Software that’s Easy to Use


•  User-friendly interface

•  Intuitive features

•  Gamification- a unique take on training

•  Demos to get your feet wet to see if Practice

Management Software is right for you!

Feedback from Rocket Matter Users


•  30% more billable hours captured per month •  40% reduction in administrative staff needs •  23% increase in overall revenue

Nefra MacDonald [email protected]


Tim Baran [email protected]

Thank you from your presenters!

Law

How small firms use legal practice management software