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Time management inlaw firm workflow
Each law firm may have specific goals and objectives. Key Performance Indicators help a law firm to define and measure progress toward firm goals. The most part of such indicators are connected to improvement of law firm's business processes and controlling profitability. Law firms are interested in increasing their operational efficiency, better clients attracting and servicing, higher level of professionalism of lawyers. |
| For example, according to opinion of industry experts, delayed or missed deadlines are among the main reason why law firms fail the business. That's why time management is critically important in law firm workflow. This is normal that law firm specialists need a tool that can help them to control time they spent to accomplish their tasks in terms of matters and cases, collect information about how much time is usually spent for consulting client by phone etc.
VIP Task Manager is task and time management groupware that can help law firm team to plan and control their business time. With a help of tracking capabilities of VIP Task Manager you can track the actual time spent on each task and compare it with planned duration. Owing to smart custom fields with formulas you can calculate the difference between these two parameters, calculate time performance in percents and much more.
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Costs management in law firm workflow
Certainly evaluating profitability is important. Law firm should carefully handle money questions and track incomes, fees paid to lawyers, paid contributions, fees billed etc. KPI's that measure profits and money affairs can be tracked and calculated with a help of VIP Task Manager as well. VIP Task Manager is not financial management software and it can't be integrated with billing module (and we believe there is no need), however you can create custom fields that can be used for planning, tracking and calculating tasks and project costs, fees and other money indicators. You can use VIP Task Manager to report and track sales plans, outturn, bills and orders paid. For example you can track fees billed versus fees collected by each client. Key performance indicators can be displayed in charts and printable reports.
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VIP Task Manager is the proper flexible groupware which can be customized to meet specific requirements of certain industries or/and certain business and can be used for management of KPI's (owing to calculated custom fields with formulas).
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