Bas Roodbeen31 October 2019 There’s little doubt that law firms are increasing spending on legal technologies. Historically, legal companies relied heavily on best-in-class enterprise systems. And, historically, these systems offered incredible benefits to law firms:...
TIQ has announced that Føyen Torkildsen, a leading Norwegian law firm, has selected TIQ Time to further improve time registration. The implementation will be delivered using PSA Consulting’s integration platform as a service (iPaaS), Custodian, a dedicated iPaaS custom-built for Nordic Professional Services Companies.
Without non-billable hours, your firm would stand still. Non-billable hours comprise essential admin, business development, employee development and training, proposal writing, and (ironically) billing. This post will put forward the case for tracking non-billable hours.
To help law firms get familiar with automated time tracking, TIQ has introduced TIQ Time Testing. It’s a trial version of TIQ’s software that can be set up within a day. With a personalised TIQ Time account, multiple users from your firm can test TIQ’s web and mobile applications,
Law.com recently reported that price consciousness and the ability to do more with less are likely to remain the main drivers behind investment in legal software in 2019. While the focus is on workflow automation and data analytics for many firms, software promoting budgeting solutions was heralded as a key driver behind competitiveness for firms in today’s vicious legal marketplace.
Summer is no longer a season of ramped up productivity and squirrelling away provisions. For lawyers, it’s the best time to reflect on work habits to improve productivity and efficiency before the next performance review rolls around. Our simple three step process will help you use the insights from your time tracking reports to manage your time more effectively.
Hans Schuurman, one of the leading legal management experts in the Netherlands, formulated eight best practice points for lawyers and law firms with regard to time tracking. This post will explore the reflections of two professionals working in different capacities within the legal industry on Schuurman’s tips.
TIQ, an innovative player in legal time recording software, has announced that Claeys & Engels, a leading Belgium law firm, has selected TIQ Time as its new time tracking software. After an extensive review period, the firm is currently rolling out TIQ Time to all fee-earners and assistants within the firm.
Read on to learn about how our implementation process delivers value within days, while also significantly decreasing the downtime and frustration traditionally associated with technical migrations.
In this post, we’ll detail what legal technologies have been trending since we published our ebook so you know what to look out for this year.
To help you navigate the maze of legal technologies available, we’ve put together these 5 key questions that deserve your consideration before you implement any new legal technologies in your law firm.
TIQ Time has announced their integration with NetDocuments this week. The integration will make the time capture solution available for all NetDocuments customers.
TIQ has announced that Lexia, a leading Finnisch law firm offering expertise in all areas of domestic and international business law, has selected TIQ Time to improve time tracking for their fee-earners.
TIQ Time and ARAG will continue their cooperation to help their 400+ legal experts get better insights, and spend less time on administrative tasks.
We’ve put together a balanced overview of some of the more popular types of legal technologies that we believe benefit the clients, as well as the legal firms that implement them, to help you assess whether your legal tech provides real value.
TIQ Time has entered into a strategic partnership agreement with PSA Consulting in order to make the successful solution available to the leading law firms in the Nordic legal sector.
We’ve compiled some food for thought to guide your decision as to whether automated time tracking will benefit your business.
Did you know 12% of all billable time is not captured? In this infographic we present facts about tracking time, alternative fee arrangements and budget management in law firms.
Love it or loathe it, the creation and rapid developments of AI are unstoppable. No matter who is leading the way for AI in the legal profession, there are still some unanswered questions.
The implementation of legal technology is an inevitable process for all law firms, however, when is the right time to start researching your options and be proactive in doing so?
For most firms, the days of block billing with a vague description of the work you accomplished are long gone. Today, legal consumers want specific information about the tasks you have completed and detailed data on the time spent on the project. But why?
CEO and founder Nick Schils was invited by Rob Ameerun for a ten-minute interview. The future and the past came up in this conversation. Next to that the international ambitions and the software’s new version are discussed.
It has been labelled ‘unsustainable’ and ‘outdated’ and rebranded by the media as the billing method of legal dinosaurs. Is the billable hour really on its last legs? In this article we give our opinion on this subject.
The management of documents is a challenge many law firms face. But what Legal Document Management System is right for your firm?
TIQ has announced that BANNING, an established Dutch Top 50 law firm, has selected TIQ Time as part of an ongoing initiative to update their practice management. BANNING will offer TIQ’s time capture capabilities to all their fee-earners.
Are “on budget” and “on time” words you deal with a lot? LPM can structure costs and time without much effort at all. In this article the basics of LPM are discussed.
If you want to be able to track all important data throughout your firm, you need a practice management system. In this article we will outline the attributes you’ll need in a Practice Management System.
In an ever-more competitive market, choosing the right system can make all the difference when it comes to your firm’s success – and your bottom line. So we’re here to help you decide whether an all-in-one or best-of-breed system is the right choice for you.
How do you allocate your firm’s resources properly within an Alternative Fee Arrangement? We will discuss this further in this article.
How can your firm organize people, reduce overheads and leverage technology to boost efficiency?
Clients nowadays have more complex and intricate requirements, which is becoming increasingly more difficult for law firms to facilitate properly. In this article we will focus on the ever increasing demand for transparency, especially regarding billing.
Is your firm preparing for the future? Probably the subject of moving to the cloud came up. Many law firms struggle with the decision to either keep all data on-premise or manage it in the cloud.
What is the next move? In this article we will outline some strategies for the two most time consuming non-billable activities that lawyers and firms can streamline to their benefit.
Non-billable activities can provide invaluable insights for making strategic decisions on staff, revenue and the work-life balance for employees. Especially if your firm works on a fixed fee basis.
Over the course of the last few months we have been conducting research on the way professionals track their time.
Time is your most valuable resource, and it’s important to pay attention to how you spend it. Here’s how to use time tracking to make the most out of your workweek.
I took it upon myself to provide you with seven tools that will help you deal with those distractions and boost your productivity.