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It has been labelled ‘unsustainable’ and ‘outdated’ and rebranded by the media as the billing method of legal dinosaurs.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.