Legal Pricing Analytics: Leveraging Data for More Accurate Budgets, Fees, and Matter Profitability

webinar Legal Pricing Analytics: Leveraging Data for More Accurate Budgets, Fees, and Matter Profitability

You Will Learn:

• What you must know before diving into pricing analytics
• Steps to properly interpret your firm’s pricing metrics and adjust as needed
• Methods to assess firm data for a more reliable portrait of matter profitability
• The real ROI of data analytics

Watch the pre-recorded web conference
$269.00
 

Data is more than just a four letter word.

In fact, legal data has the power to attract and retain clients, influence price, create cost savings, improve productivity and efficiency, and offer realistic budgets and fees.

When it comes to pricing, analytics is a huge untapped opportunity for law firm profitability. By creating more efficient client service and more predictable budgets, firms that leverage in-house data are gaining a competitive edge.

Could pricing analytics be the magic your firm needs to increase profitability, improve accuracy of budgets and keep clients happy?

Learning Objectives

This power-packed pricing program explores how legal analytics can change the way lawyers pitch services, establish budgets and set fees. In just 75 minutes, our legal pricing experts will guide you through:

  • What you must know before diving into pricing analytics
  • Steps to properly interpret your firm’s pricing metrics and adjust as needed
  • Methods to assess firm data for a more reliable portrait of matter profitability
  • The real ROI of data analytics
  • Strategies to set realistic fees and teach lawyers how to discuss pricing with clients
  • When you should analyze data in-house and when outsourcing makes more sense
  • Hiring a data leader – when it makes sense, and finding the right candidate for the job

Product ID: 19255

Discover How Leverage Data to Maximize Margins and Firm Profits!

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Faculty

Owen Byrd
Owen Byrd
Chief Evangelist & General Counsel, Lex Machina

Owen Byrd is Lex Machina’s Chief Evangelist and General Counsel. He provides thought leadership in the domain of Legal Analytics and its application to the practice of law, via speaking engagements, publications, webcasts, blogging, social media, and press.

Jennifer Roberts
Jennifer Roberts
Data Scientist for New Initiatives, Intapp

Jennifer Roberts is responsible for the analytics and research component that supports thought leadership and new initiatives at Intapp. Leveraging her skills to advocate, evangelize and build data-fueled products and insight. She examines the legal industry to drive analytical intelligence that informs strategic decisions and solves organizational needs.

Peter Lane Secor
Peter Lane Secor
Director of Strategic Pricing and Project Management, Pepper Hamilton Law Firm

Peter Lane Secor is the director of strategic pricing and project management with Pepper Hamilton LLP. Mr. Secor concentrates on legal project management, with focuses of improving efficiencies through shared management responsibilities, strengthening communication and making value transparent.

Discover How Leverage Data to Maximize Margins and Firm Profits!

Get it on demand now

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