Tag Results
Set the right precedent by automating your firm’s cost reporting with BigHand
Tuesday, 16 July 2024In the UK, law firms must file a Precedent H cost budget on all multi-track cases. There are exemptions for cases of minor claims, claims in which the value is more than £10,000,000, or the Court has said it is not necessary.
Tags: BigHand
Posted in associate news
Meeting client demands with legal pricing and budgeting technology
Wednesday, 10 July 2024As part of BigHand’s commitment to providing our clients and the broader legal market with meaningful data insights into the ever-evolving world of legal pricing, we’ve collected survey responses from over 800 senior legal finance professionals across the UK and North America annually since 2021. Most recently, we published a trends analysis for legal pricing and budgeting, containing significant insight from our surveys. In this article, I’ll focus on how the numbers show an increase in client demand for flexible pricing and financial transparency and the way firms are responding to this trend.
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Posted in associate news
Only 33% of law firms provide dedicated training to associates on key financial metrics, BigHand’s latest research reveals
Thursday, 27 June 2024BigHand is excited to announce its latest research on legal pricing and budgeting. The insightful analysis sheds light on trends in legal pricing strategies, matter budgeting practices, and training lawyers on commercial awareness.
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Posted in associate news
Workflow Management: A big advantage for mid-size and small law firms
Friday, 21 June 2024Law firms face a new reality as clients prioritize efficient and cost-effective legal services. It’s now all about value, with legal work continuing to move down-market to smaller firms as clients look for increased efficiency and value-to-cost balance.
Tags: BigHand
Posted in associate news
Future Legal CFO: Resource management stops the profit drain
Monday, 17 June 2024By Legal Futures Associate BigHand Is your law firm burning cash? Don’t be fooled by high revenue numbers! Maximising law firm profits today requires more than raising fees or even retaining and winning new clients. Despite their apparent success, firms can… Read More
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Posted in associate news
Aderant and BigHand partner to enhance operational excellence for law firms
Thursday, 13 June 2024BigHand is the first partner to join the Aderant Technology Partner Program at the Gold level.
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Posted in associate news
Becker & Poliakoff choose BigHand for streamlined document creation
Tuesday, 21 May 2024US-based firm Becker & Poliakoff has chosen BigHand Document Creation for their legal document production needs.
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Posted in associate news
Only 3% of law firm’s support structures unchanged since 2022, BigHand research finds
Friday, 17 May 2024BigHand is excited to announce the release of its latest research on legal support teams. BigHand has conducted annual surveys gathering responses from over 800 senior legal professionals over the last four years.
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Posted in associate news
Unlocking efficiency: Hirschler transforms legal budgeting and forecasting with BigHand
Tuesday, 14 May 2024Leading midsized US law firm Hirschler has implemented BigHand to automate its budgeting and forecasting, making the process more efficient, accurate and productive.
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Posted in associate news
BigHand Business Intelligence reaches new heights with cloud capability
Friday, 10 May 2024BigHand is delighted to announce that it’s advanced financial business intelligence solution is now available in the cloud.
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Posted in associate news
Blog
Keeping the conversation going beyond Pride Month
As I reflect on all the celebrations of Pride Month 2024, I ask myself why there remains hesitancy amongst LGBTQ+ staff members about when it comes to being open about their identity in the workplace.
Third-party managed accounts: Your key questions answered
The Solicitors Regulation Authority has given strong indications that it is headed towards greater restrictions on law firms when it comes to handling client money.
Understanding vicarious trauma in the legal workplace
Vicarious trauma can happen to anyone who works with clients who have experienced trauma such as domestic or other violence, child abuse, sexual assault, torture or being a refugee.
Reports
Associates
