LawTechnologyToday

NOVEMBER 11, 2022

Tracking KPIs takes time and effort, but the rewards are worth it when you see a big difference in your revenue and client acquisition processes. New client acquisitions. Marketing your firm will help you to generate leads and capture interest from your target audience. Cost per customer acquisition. Active clients.

Law Firms 102

Law Firms Law Firm Laws Lawyers 102

The Estrin Report

JUNE 26, 2023

AI can automate certain aspects of paralegal work but the value of human expertise, nuanced decision-making, and interpersonal skills that paralegals bring to the legal profession, cannot be fully replicated by AI. Law firms will see more value in the skills and talent of paralegals. What is going to happen is job shifting.

Paralegal Jobs 246

Paralegal Jobs Paralegal Paralegals Law Firms 246

The Process Street

JULY 26, 2021

It’s here that Bruce receives initial product value. Once a customer is experiencing your product, your milestones must help them realize true product value. Then establish what they value and what they fear. What features will give your target audience the most value? What scares this type of customer?

Education 126

Education Technology 126

CARET Legal

OCTOBER 25, 2024

This guide explores the key areas that contribute to growing a law firm in the modern era, from technology adoption to client acquisition, and provides actionable strategies to help firms thrive. Document automation: Automating document creation reduces time spent on repetitive tasks, enabling attorneys to focus on higher-value work.

Law Firms 102

Law Firms Law Firm Laws Legal Technology Solution 102

The Process Street

MAY 31, 2021

A sustainable funding model supported by premium services : Funding models represent the intrinsic value of customer success activities and include a spectrum of free and fee-based services. To capture this revenue potential, you need to ensure your implementing the five critical customer success 2.0 Customer lifetime value.

Human Resources 105

Human Resources Litigating Litigation Legal 105

LawSites

NOVEMBER 3, 2021

. “As we continue our journey to help legal professionals do their best work, we are always looking for new technology that will accelerate this path forward,” Josh Baxter , NetDocuments CEO, said in announcing the acquisition. Both Officer and cofounder and president Scott Kelly will join NetDocuments as part of the acquisition.

Real Estate 52

Real Estate Document Management Legal Documents Technology 52

The Process Street

DECEMBER 7, 2020

With this small but effective tip, I’ve not only taught you how to get more value out of your phone, but I’ve also given you an example of how customer success works. Now, if I was an organization, I’d want to provide this type of value to my customers on a far larger scale – all of the time.

Contract 132

Contract Education 132

The Process Street

APRIL 12, 2021

For Talent Acquisition, you’re asking things like, how do you make your company a place that people want to work? There are a bunch of levels to what makes a culture, but I think one of the most important ones is a company’s values. What do we actually value? These values were etched in stone in every building.

Human Resources 105

Human Resources Entertainment Office Management Finance 105

The Process Street

FEBRUARY 3, 2021

I identified your common behavior patterns, discovered what your key motivations were, and established your biggest pain points so I could write a tailored post that clearly answers your questions, provides value, and delivers useful insights. Low Customer Acquisition Cost (CAC) + High Lifetime Value (LTV) = Growth.

Project Management 111

Project Management Document Management Education 111

LawSites

DECEMBER 4, 2023

This system empowers firms to precisely assess and assign value to projects, vital in a landscape where AI/efficiency gains drastically shorten task timelines. Ensuring alignment between service prices and delivered value, AltFee encourages teams to share insights, collaborate, and analyze data trends. Who are your competitors?

Document Review 135

Document Review Court Reporting Metadata Court Reporter 135

The Process Street

MARCH 26, 2021

The Lean Canvas is a living framework that allows you to quickly capture your idea or concept, thoroughly validate it, and then continuously share, improve, and most importantly move on it. Value proposition. Lean Canvas component #5: Value proposition. Write out a punchy statement that explains the core value of your product.

Finance 85

Finance Technology 85

InHouseBlog

AUGUST 6, 2023

I recently had a conversation with a CEO about the value of a General Counsel. It is poised for explosive growth, including exploring international expansion and evaluating acquisition opportunities. Below are some illustrations demonstrating the GC’s value that may not be factored in the ROI. •

Contract 91

Contract Legal Legal Entertainment 91

Rocket Matter

JULY 25, 2024

By narrowing your focus, you can also streamline your marketing efforts, making it easier to communicate your value proposition to potential clients. Rocket Matter provides insights into case profitability, attorney utilization, and client acquisition costs, helping firms identify areas for improvement and capitalize on growth opportunities.

Law Firms 59

Law Firms Law Firm Laws Case Management 59

MyCase

NOVEMBER 10, 2022

There are several ways to grow your firm and boost your client acquisition using the Lawmatics and MyCase integration, including: 1. Additionally, with online customizable intake forms, your team can easily capture client information and qualify new prospects. Top 3 Benefits of Lawmatics and MyCase . Stronger Client Communications.

Law Firms 52

Law Firms Law Firm Entertainment Drafting 52

LawSites

MAY 15, 2023

Contracts are valuable business assets, but their value is not just to one party or the other. “Every time we pass the agreement back and forth, every change that happens is now captured with AI and we’re going to give you a summary of everything that changed.”

Contract 103

Contract Legal Legal Drafting 103

Rocket Matter

DECEMBER 10, 2024

Proper law firm strategic planning answers the big questions about the firms goals, values, market position, and growth opportunities. For firms looking to build client trust, this feature ensures every minute of billable work is captured so theres no dispute over unclear billing practices.

Law Firms 52

Law Firms Law Firm Laws Technology 52

The Process Street

JULY 23, 2021

You’ve seen what’s possible when it comes to capturing your core processes and sharing them across your company. That’s an accurate description, but it doesn’t really capture the essence of how much versatility Conditional Logic can bring to your workflows. Providing value. Maybe you’ve even built a few yourself.

Project Management 105

Project Management Small Business Contract 105

LawTechnologyToday

JULY 27, 2022

However, once they’ve filled their sales pipeline with potential clients, they find that there’s far more value to be discovered. With leads, you’ll be able to get a clear picture of your cost of acquisition for each client. It’s better to partner with them and capture a greater share of your market. Better Tracking of ROI.

Law Firms 59

Law Firms Law Firm Legal Legal 59

The Process Street

MAY 17, 2021

Customers with high health scores are high-value, repeat customers – this comes hand-in-hand with business growth. We then explain how you can use these indicators to calculate customer health score values, before looking at examples of customer health scoring in practice. What’s a good NPS value?

Entertainment 85

Entertainment Business Services 85

The Process Street

MARCH 27, 2023

Acquisition costs can be high and effective optimization of approach requires bucketloads of data. This drives improvement and is one of the primary reasons that users of marketing automation decrease customer acquisition costs year on year at over twice the rate of their competition. Probably worth the outlay, though.

Manufacturing 52

Manufacturing 52

The Process Street

SEPTEMBER 13, 2021

But maybe the biggest question at the top of the decision tree is: Acquisition vs Retention. How do we weigh those efforts against acquisition – the primary function of marketing? To help you through the process, we’ll be looking at: How other companies divide their efforts between acquisition and retention.

Education 98

Education 98

The Process Street

FEBRUARY 5, 2021

Product led growth (PLG) is an end user-focused growth model that relies on the product itself as the primary driver of customer acquisition, conversion and expansion.” – Openview Partners, What is Product-Led Growth? Key components of PLG 1: Focus on communicating and delivering value. With PLG you say goodbye to the sales reps.

Education 105

Education Contract 105

The Process Street

JANUARY 15, 2021

As startups, their value is often determined by growth potential rather than actual financial performance. Due to competition between these giants, they generally offer a significant premium which raises the value of the startup. The ideal equation is to spend X on customer acquisition while receiving three times X in return.

Project Management 110

Project Management Small Business Technology Calendaring 110

Fordham Law News

JANUARY 19, 2022

Further, with companies looking forward to capturing markets in this new race for power, the need for a holistic approach is more prominent. Potential financial benefits include reviving a struggling business, improving the value of a company, and preparing it for sale or transfer to the next generation.

Finance 52

Finance Government Diligence 52

The Process Street

OCTOBER 4, 2021

As a result of improved decision-making regarding policies, practices, and procedures, the following areas will also improve: Acquisition and retention. The acquisition pillar is about using analytics to do just that. Best practices for assessment, development, & lifetime value. The employee experience.

Human Resources 114

Human Resources Government Data Management Project Management 114

Foley Hoag LLP

MARCH 7, 2022

A private jet that is one of the largest privately-owned planes in Russia, and one of the world’s largest superyachts valued at over $600 million, both owned by Mr. Usmanov. persons or in U.S. dollars, are prohibited.

Technology 40

Technology Government Diligence Construction 40

Above The Law

MAY 7, 2025

Glossy press releases never capture the hidden costs of a merger or acquisition. Picture it: a nice, low-key acquisition targeting an Australian firm of 10 employees. If only all deals could be this easy! Nobody bothers looping in IT or a security team before the deal, because why would you?

Diligence 101

Diligence Lawyers Lawyer Law Firms 101

CARET Legal

MARCH 21, 2025

Attorneys have the support they need to provide more value to clients, and firms can scale operations without sacrificing the quality of services. With CARET Legal, firms can capture and track leads from multiple channels, from referrals to digital ads with integrated intake forms and retainer agreements to expedite client onboarding.

Laws 85

Laws Law Firms Law Firm Document Management 85

CosmoLex

DECEMBER 20, 2024

This rewards entrepreneurialism and client acquisition but can create a competitive rather than collaborative environment. In the eat-what-you-kill model, where compensation is revenue-based, targeted marketing to high-value clients is vital. Niche knowledge makes you an expert in complex cases and positions you as a thought leader.

Law Firms 52

Law Firms Law Firm Laws Legal 52