![]() ![]() Legal timekeeping software like Intapp Time - part of the Intapp Operations & Finance suite - offers lawyers and other legal timekeepers a unique and user-friendly experience to help them drive a higher degree of time entry compliance and accuracy. The software uses AI-based capture technology to automatically capture billable and nonbillable work, removing the need for time reconstruction and saving timekeepers a significant amount of effort. To help timekeepers achieve this, we developed Intapp Time, a cloud-based time capture solution purpose-built for professional services firms like yours.Īdvancements and Advantages of Intapp Time To fully meet the needs of clients and firms, lawyers need advanced legal timekeeping and billing software that helps them accurately record time, alerts them to submit their time, and ensures OCG compliance at the point of time entry. Firms often lose a percentage of revenue due to write-offs caused by timekeeper violation of outside counsel guidelines (OCGs), which delays the billing cycle.Įven when lawyers do remember to enter their time, accuracy remains a challenge - especially if those lawyers don’t record the hours spent on a task immediately after performing it. In those cases, lawyers must reconstruct their timekeeping records from memory or by searching through their calendars and emails for information. This process is not only time consuming, it’s also imprecise and unreliable. Many law firms currently struggle with lawyers who disregard client time-entry rules and repeatedly fail to promptly enter their time. However, without proper timekeeping automation, timekeepers are less likely to successfully record billable and nonbillable work. Lawyers will also benefit from increased visibility into the true cost of a matter, allowing the firm to more accurately price future engagements for potential clients. This, in turn, will speed up the firm’s billing process, reduce write-offs, and ultimately increase firm efficiency and profitability. ![]() Clients gain more visibility into the work their lawyers perform and how much time is spent on tasks, and can better understand and quickly review incoming bills. Using AI-powered timekeeping software to keep on top of time entry for billable and nonbillable work can help lawyers address the needs of both parties. Clients expect better transparency in terms of whether lawyers conduct matters efficiently, while firms expect to increase profitability and build new business. ![]() Unfortunately, this task is becoming more and more difficult for lawyers as lists of client mandates and business requirements continue to increase and evolve. Lawyers and other legal timekeepers always need to balance the needs of both their clients and firms. Unless firms are willing to fully adopt automated time tracking and billing software for lawyers, they’ll miss an opportunity to dramatically increase efficiency, credibility, and profitability.Ĭurrent and Evolving Timekeeping Challenges Without automated time management software, lawyers find it challenging to accurately enter and bill their time, and run the risk of compliance failures. ![]() Another 60% of timekeepers at firms that have implemented time entry and workflow automation tools said their firms underutilize this technology, often citing the need for additional internal change management resources to increase adoption. With the COVID-19 pandemic came a surge of new and innovative digital technology to accommodate the increase in remote work. Despite having multiple legal platforms and systems at their disposal, many law firms have been hesitant to take advantage of software that automates timekeeping.Īccording to a recent Zero survey, about 75% of lawyers and other law firm timekeepers reported that they don’t have the automation tools needed to efficiently perform their jobs, and 80% of timekeepers said they don’t believe automation is a priority for their firms. ![]()
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