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Maximising the impact of time recording

The relationship has changed between law firms and their clients. Following the 2008 financial crisis, law firm clients are hiring legal operations officers whose main role is to manage the relationship with outside counsel and ensure “value for money”. Clients are rejecting hourly billing and new arrangements such as fixed fees are putting a lot of pressure on law firms. As law firms compete against each other more than ever on the pricing of legal services, it is vital to have an accurate picture of costs, efficiencies and quality. The time recording process is at the heart of capturing the data and using it for competitive advantage.

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Tikit launches innovative new PDF data capture tool – FormShare

London – Wednesday 22 June 2016. Tikit, part of the BT Group and leading provider of technology solutions for law firms, has today announced the launch of a brand new and innovative PDF form product called FormShare.  FormShare will integrate with Tikit’s practice and case management solution Partner for Windows (P4W). Adrian Jones, Product and Development […]

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A new era of mobility, collaboration & efficiencies within law firms

Individual fee earners are under pressure to collaborate with large corporate clients. The continuing globalisation of business means that clients are demanding seamless services, and legal firms have to collaborate with clients across a number of geographic boundaries. Many top 100 law firms have focused on specialisation, creating narrowly defined practice areas and rewarding professionals for developing their reputation in ever more precise niches. Recently, however, it has become apparent that to achieve competitive advantage, simply accumulating ‘star talent’ – lawyers with distinguished reputations and specialised expertise – is no longer enough. Now the focus is on maximising the productivity of star talent, sharing and integrating their specialised and diverse knowledge with the firm’s knowledge systems.

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Tikit signs global partnership agreement with NetDocuments

London – Wednesday 22 June 2016. Tikit, part of the BT Group and leading provider of technology solutions for law and professional services firms, has today announced a worldwide partnership agreement with NetDocuments, the global native cloud-based document and email management service provider for law and professional service firms. Tikit has a heritage of bringing […]

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If law firms have to change, don’t law firm vendors have to change too?

Change has always been with us, but it feels like the pace of change in the legal sector just keeps accelerating. How are firms supposed to keep up? Andrea Foot here reflects on the factors that are evolving the sector with dizzying speed, and suggests what firms and their vendors can do about it.

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What a smart data strategy looks like in practice

In his previous two blogs, Virginio Basile, Tikit’s Vice President, Professional Services, North America, described how high quality data can help laws firms succeed. In this, the third and final blog in the series, Virginio discusses the implementation of a successful data strategy. In my last two blogs I talked about the value that law […]

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