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UAELegal Practice Management Solutions
Grow your firm with comprehensive practice management tools.
The legal industry is being reshaped by the day and the competition for contracts only gets stronger. In addition, globalization of the market and newer trends such as virtual and offshore legal vendors are beginning to challenge the traditional legal model. Many firms are even adopting alternative billing methods to sign clients and control costs.
To stay ahead of the competition, law firms need integrated tools to help them manage their practice, save time and maximize profits. They also need to attract and retain top talent in order to build their reputation and win new clients. Deltek solutions are reliable, secure and can be delivered on-premise or seamlessly via the Cloud to growing firms like yours.The legal landscape may be changing, but with Deltek, your firm can better prepare for the future.
Industry Solutions
BUSINESS DEVELOPMENT
Signing new clients will always revolve around relationships and referrals, but the proper CRM tools can extend your law firm's reach. In fact, many of today's leading firms are utilizing social media, digital marketing and analytics to target their networks and prospects more precisely than ever before. Tools such as Maconomy Client Management help partners and associates manage potential and existing clients in an efficient, professional manner.
- Automate client management and organize all of your client information in one centralized database
- Track contacts, opportunities, estimates, proposals and all the associated communications
- Log all activity for each client, providing a historical record of all materials, emails and correspondence
CORPORATE FINANCIALS & PROJECT ACCOUNTING
Law firms now have to manage finances much closer to ensure success. Deltek software helps law firms drive profitability by automating financial accounting and centralizing budgeting. Law firms can depend on Maconomy for all their planning needs to develop a better picture of future firm growth.
- Industry-leading software for client accounting, corporate financials, reporting and compliance
- Organizational budgeting, resource planning, indirect rate forecasting and financial reporting
- Detailed, project level forecasting and budgeting for any segment of your work breakdown structure
HR & TALENT MANAGEMENT
Recruiting at law firms is a difficult process because it's uncommon for associates to leave a firm once they are on the partner track. Paralegal, clerical and other staff positions can be more flexible, but firms must offer competitive compensation packages to attract and retain the best employees. Deltek helps law firms strengthen their workforce by attracting top talent, nurturing their skills and outlining a clear career path. Talent Management is a suite of five tools that you can use together or separately to recruit, teach, manage and incentivize your workforce so that it's always performing at top levels.
- Ensure that the compensation review cycle is fair, consistent, automated and compliant
- Provide a forum for balanced and accurate 360º feedback on performance
- Identify top performers and further develop them
BUSINESS INTELLIGENCE
As the legal industry continues to evolve due to globalization, online vendors, new billing models and more, it's vital that firms have a full view of their business operations. In order to remain successful and profitable, law firms must have deep business insight to make quick and informed decisions. Maconomy can help firms proactively improve performance and mitigate risk across the entire organization.
- Find relationships in data that provide actionable business insights
- Access business data in meaningful detail at any time
- Create, edit and personalize reports without IT assistance
- Easily share reports in a collaborative way to improve planning
Benefits by Role
BUSINESS DEVELOPMENT
Unlike most other industries, business development at law firms is performed by the same people in charge of the work — the partners and associates themselves. There's no additional team dedicated to finding and signing clients. That being said, the right Client Management tools can help lawyers extend their reach to establish and build client relationships. Using Deltek solutions such as Maconomy Client Management, lawyers can keep track of new opportunities and efficiently manage existing clients.
- Automate client management and organize all of your client information in one centralized database
- Track contacts, opportunities, estimates, proposals and all the associated communications
- Log all activity for each client, providing a historical record of all materials, emails and correspondence
FINANCE
Law firms have been facing increasing pressure to lower their fees, especially while the number of firms and lawyers exceeds the demand. In addition, firms must compete with various online and offshore options that are growing in popularity by the day. These factors make it imperative for firms to have proper insight into their finances in order to stay competitive and profitable. Maconomy gives you the tools to build robust forecasts and track costs for clients at every step of the legal proceedings.
- Annual compensation — Know if you have the right people and if you are paying them right
- Utilization & billable work — Know how well people are utilized down to the project or individual level
- Fees — Have the data you need to understand if you can increase your rates or fee structure
- Financials — invoicing, billing and record keeping
HUMAN RESOURCES
Growing your law firm relies on hiring the right people with the right skill set at the right time. And while it's difficult to attract lawyers from other firms who are already on the partner path, Deltek tools can help you build a compelling case. With Talent Management, you'll have an integrated set of tools to help you recruit, train, manage and properly reward employees to keep them working at peak performance. Your employees will understand their role at the firm and how to elevate their position in the future.
- Maximize profitability by automating the recruiting process
- Ensure that the compensation review cycle is fair, consistent, automated and compliant
- Provide a forum for balanced and accurate 360º feedback on performance
- Identify top performers and further develop them
MARKETING
Law firms usually rely on contacts, referrals and reputation to sign new clients. But as the legal industry adapts to the changing world, new avenues such as social media and targeted campaigns are growing in importance. With Deltek, firms have the customer relationship management tools they need to create effective marketing campaigns. Vantagepoint CRM can handle all your engagement opportunities no matter how large your firm or client roster grows.
- Create effective marketing campaigns targeted to key clients
- Automate client management and organize all of your client information in one centralized database
- Track contacts, opportunities, estimates, proposals and all the associated communications
OPERATIONS
While partners and associates spend long hours in legal proceedings or finding new clients, the Operations staff is tasked with managing the day-to-day challenges of the firm. Many law firms currently use multiple, disconnected systems to handle resource plans, client records, invoices, billing and more. That leads to unnecessary hours spent redoing work that could all be streamlined within an integrated Deltek solution such as Maconomy. Law firms that embrace a unified solution will save time, make smarter business decisions and move ahead of the competition.
- Project management tools ensure each client or case remains profitable
- Performance management reduces risk and improves everyday processes
- Talent management features help find and retain the best employees
PARTNER
Partners at law firms serve numerous vital roles. Not only are you the joint owners of the business, but you're also in charge of the legal practice throughout the firm. And depending on your equity status, your income may be determined directly by the profitability of the firm. Thankfully, Deltek delivers a unified solution to help you manage costs, build your client relationships and improve business performance. You'll also be able to bolster your workforce with proper recognition, compensation and clear career paths.
- Maconomy efficiently manages costs to help you forecast with confidence
- Performance Management delivers deep insights so you can make smarter decisions sooner
- Talent Management allows you to recruit, teach, manage and incentivize employees so that they're always performing at top levels
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