Legal reporting software like Lawmatics tracks KPI’s which stands for key performance indicators. By tracking the most important ones, attorneys can determine where the holes in their practice are and what improvements need to be made.
Measuring the right KPIs will help you plan better, improve the client experience, better assess your performance, simplify your workflows, and ultimately increase your revenue. You can set Lawmatics reporting software to track whatever metrics are most important for your law firm.
Some of the most valuable KPIs that legal reporting software tracks are:marketing, client acquisition, client development and satisfaction, monthly revenue, hours billed, open matters, and more.