ILTA webinar: Time for a timekeeping audit

With all the buzz around the Flaherty-Suffolk Legal Technology Audit and lawyer tech proficiencies (LTC4), it’s high time firms inventories timekeeping methods and best practices. What works? What doesn’t? How do we go about it? How are firm’s measuring timekeeping ‘success’? What technologies and end points are involved… Is best-of-breed consumer driven timekeeping part of […]

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TR ForeFront: How to clearly understand the surprising impact of mobile timekeeping, October 2016

Over the last 10 years, I’ve helped a large number of legal firms to implement mobile timekeeping solutions. (Yes, mobile timekeeping has been around that long!) And because I care about the success of their projects, after three or so months. I call firms back and ask how it’s working out. And you know what? […]

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Tikit Reports Heightened Demand for Carpe Diem Next Generation Timekeeping

Carpe Diem Next Generation addresses attorney technology proficiency; innovative UI/UX and overall time capture innovation London and Chicago – August 24, 2016 – Tikit, a leading provider of technology solutions and services to legal, accountancy and other professional services firms globally, today announced increased demand for its Carpe Diem timekeeping solution including Carpe Diem Next […]

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Why choosing the right attorneys for mobile timekeeping is almost always a big mistake

In two preceding blogs, Peter Zver, President of Tikit North America, has discussed how to measure the impact of mobile timekeeping and the relevance and importance of new found time. In this, his third and last discussion of the topic, Peter concludes by pointing out a serious error of judgement made by many firms: the […]

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What is ‘new found time’ and why is it so important?

In the preceding blog, Peter Zver, President of Tikit North America, noted that firms need to focus on mobile timekeeping’s impact on revenue to understand its value to the firm, rather than on how much it gets used. In this second blog on measuring mobile time capture, Peter explains that the revenue impact comes from […]

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When it comes to mobile timekeeping, are firms looking at the right measures of success?

When firms try to gauge the success of mobile timekeeping implementations, Peter Zver, President of Tikit North America, often finds that they’re looking at it in the wrong way. In this first blog of three on measuring the impact of mobile timekeeping, Peter explains that firms need to begin by understanding how and when attorneys […]

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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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