ILTA Tech Solutions white paper: Are you coping with the growing demands of Outside Counsel Guidelines?

Without doubt one of the fastest growing challenges for law firms is managing the myriad of billing rules contained within the plethora of outside counsel guidelines. Nick Jenner from Tikit and Ken Wineke from Thomson Reuters eBillingHub, in an article for ILTA’s Tech Solutions white paper, suggest how the right use of technology will help […]

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TLOMA Today: Why small to mid-sized firms must recognise when they’re fast approaching a critical crossroads

Outside of Big Law, it’s all too common for firms to make tactical – as opposed to strategic – decisions when it comes to technology. Tikit’s Peter Zver* highlights the danger firms put themselves in when they miss the more strategic play  for TLOMA Today. Click here to read the full article.

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Briefing magazine article: Keeping pace

Rising client expectations of transparency and control are placing an ever-heavier burden on law firms. They need smart tactics to stay ahead, say Elisabet Hardy, VP of financial and practice management solutions, and Greg Nilsen, manager of product management, at Thomson Reuters. Click here to read the full article or here to find out how […]

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ILTA webinar recording: How to gain advantage from Outside Counsel Guidelines

In-house law firms are increasingly using Outside Counsel Guidelines (OCG) to set a consistent framework to standardise the monitoring of law firm performance. However, law firms often see OCG in an adversarial sense as they are often the cause of delayed payments and invoice write-downs. Tikit and Thomson Reuters presented an ILTA educational webinar to […]

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TR Forefront: Why we need to restore trust in the relationship between firms and their clients

In the last decade or so, the growing prevalence of outside counsel guidelines has caused the relationship between law firms and clients to become increasingly strained, to the point of becoming almost adversarial in some instances. This isn’t good for either side. In this article, Nick Jenner suggests a route back to more trust. Click […]

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Tikit Carpe Diem voted a preferred application for time recording in the Canadian Lawyers Readers Choice Awards 2019

Tikit Carpe Diem was voted as a ‘preferred application’ for time and billing in the 2019 Canadian Lawyers Readers Choice Awards. The Canadian Lawyer Readers’ Choice Awards were created by Canadian Lawyer with voting conducted via online ballot, with a total of 1,921 votes cast. Readers were notified of the ballot through direct emails, print and online advertising and […]

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Put time on your side

Tikit announce calendar view functionality in new version of their time recording solution, Carpe Diem

20th August 2019 – Tikit, a global provider of technology solutions to legal firms, today announced a new version of their time recording solution, Carpe Diem version 7.3, with some enhanced features that include a new calendar view. The new version of Carpe Diem will include a unique user interface in the style of an […]

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The rise of AFAs and what that means for firms

Many people think that the term alternative fee arrangements (AFAs) is analogous to fixed fee arrangements. But in the quest to squeeze out every drop of value from their legal service providers, clients are becoming increasingly inventive in creating new fee arrangements. This article describes some of the more common types of AFAs which are […]

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Where automation is going next in Time Recording

Automation is talked about a lot in the legal tech space, but what in practice is it delivering? Well, a strong demonstration of how it genuinely helps firms can be found in the example of Tikit’s Carpe Diem timekeeping platform. Despite the original incarnation of Carpe Diem appearing 20 years ago, Tikit benefits from access […]

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How Corporate Counsel enforces OCGs and what that means for firms

How much do you understand what happens to your invoices after they’re submitted to your clients? It’s an important question, because it impacts when, and if, your invoices get paid. This article explains the increasing scrutiny to which law firm invoices are being subjected and how firms ought to respond. What you don’t know about […]

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