Legal Accounts Solutions
Often referred to as "Best of Breed", stand alone legal accounts solutions are generally selected by either larger law firms or firms requiring more complex billing, multi-currency, multi-jurisdiction or multi-entity functions that are not always supported by the all-in-one practice management systems.
Embarking on a "Best of Breed" approach will mean that a law firm will need to invest in complementary tools such as Matter Management and Document Management systems to achieve the overall functionality offered by all-in-one solutions
However, with providers in this space becoming more cost effective to implement within mid-tier firms and with increasingly robust integrations available with 3rd party solutions, there has never been a better time to embrace these solutions.
Key features of these solutions include:
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Legal Accounts Rules compliant Client (Trust) and Office accounting
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Client & Matter opening
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Time Recording and Billing
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Reporting and Business Intelligence
If required, Hindsight Legal Consulting can provide help and guidance to assist with system selection and implementation.
Contact us on +447507971296 or at enquiries@hindsightlegal.com