Peter Zver discusses how law firms can demonstrate transparency and efficient billing practices with timekeeping metrics.
There are many ways in which law firms can connect with clients: events (workshops, seminars, roundtables, fancy dinners, etc), collaboration technologies, social media, etc. While these are rather mainstream options, sharing financial management – specifically timekeeping metrics – with firm clients to demonstrate transparency and efficient business and billing practices might be unorthodox, but highly effective (and respected) connection method.
Legal professionals’ ability to enter time accurately and in a succinct fashion for “anytime” client consumption should be where the law firm bar is set in defining collaboration best practices around timekeeping and related value.
Click here to read the full article in ILTA’s Peer to Peer.
By Peter Zver, President Tikit Inc, North America
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