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UAELegal Practice Management Software
Grow your law firm with comprehensive practice management tools
The legal industry is being reshaped by the day. As the number of lawyers and firms continue to exceed the amount of available work, the competition for contracts only gets stronger. In addition, globalisation of the market is making the use of virtual and offshore legal vendors become more common, and the traditional legal model is no longer the norm. Many firms are even adopting alternative billing methods to sign clients and rein in costs.
To address the changing environment, leveraging integrated tools such as Maconomy to help them manage your practice, save time and maximise profits. will ensure you stay ahead of the competition. Law firms also need to attract and retain top talent in order to build their reputation and win new clients. The legal landscape may be changing, but Deltek tools can help law firms respond better and prepare for the future.
Industry Solutions
Business Development
Signing new clients requires strong relationships and maximising client referrals. Having an effective CRM system will ensure you have clarity on client activities and referrals to extend your law firm's reach. In fact, many of today's leading firms are utilising social media, digital marketing and analytics to target their networks and prospects more precisely than ever before. Deltek's integrated tools help partners and associates manage existing and potential clients in an efficient, proactive and professional manner.
- Automate client management and organise all of your client information in one centralised 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
With numerous online and offshore legal options for clients, law firms don't have the same leverage in the fee structure that they once did. They now have to manage finances much closer to ensure success. Deltek software helps law firms by automating financial accounting and centralising budgeting, ultimately leading to increased productivity and helping to drive profitability. 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
- Organisational budgeting, resource planning, indirect rate forecasting and financial reporting
- Simplified payroll processes save time for operations staff
HR & TALENT MANAGEMENT
Recruiting and retaining top talent at law firms can be a difficult process. As associates develop and enter the partner track, it is not that common to leave for another firm. However, ensuring that your firm nurtures their development in a key phase of their career is a key attribute of a successful firm. Paralegals, professional support lawyers, clerical and other support staff tend to have a more flexible outlook and may be more enticed to look elsewhere for professional development, so firms must offer competitive compensation packages to ensure they retain and attract 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 incentivise 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 globalisation, increased competition and new operating models develop, it's vital that firms have a full view of their business. Some law firms are even being asked to provide services more traditionally suited to management consulting firms, which adds complexities to meeting client needs. To remain successful and run a profitable practice, law firms must have deep business insights to make quick and informed decisions. Maconomy help firms proactively improve performance and mitigate risk across the entire organisation.
- Find relationships in data that provide actionable business insights
- Access business data in meaningful detail at any time
- Create, edit and personalise reports without IT assistance
- Easily share reports in a collaborative way to improve planning
Benefits by Role
Partner
Partners at law firms serve numerous vital roles. Not only are you the joint owners of the business, but you're also responsible for 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
- Delivers deep insights so you can make smarter decisions sooner
- Talent Management allows you to recruit, teach, manage and incentivise employees so that they're always performing at top levels
Finance
Law firms continually face pressure to lower their fees, especially as 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
- Utilisation and billable work — Know how well people are utilised 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
Business Development
Due to the nature of work at law firms, partners and associated are closely involved in business development activities. The right CRM tools can help lawyers extend their reach to establish and strengthen client relationships. Using Deltek solutions, lawyers can keep track of new opportunities and efficiently manage existing clients.
- Automate client management and organise all of your client information in one centralised 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
Operations
While partners and associates spend long hours in negotiations, proceedings and nurturing client relationships, 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. This can lead 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 and have access to relevant information to help them make smarter business decisions and move ahead of the competition.
- Integrated practice 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
Human Resources
Growing your law firm relies on hiring the right people with the right skill set at the right time. While it's difficult to attract lawyers from other firms who are already on the partner track, Deltek tools can help you build a compelling case. With Talent Management, you will 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.
- Maximise 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 sometimes rely on contacts, referrals and reputation to win new clients and work, 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 business development campaigns to help increase your engagement opportunities. Deltek 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 organise all of your client information in one centralised database
- Track contacts, opportunities, estimates, proposals and all the associated communications
Support Materials
The Evolution of Professional Services
Read why professional services firms must adapt to remain competitive.
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