How revenue and billing transparency can improve law firm work culture, by Iridium Technology

Case Study - 21/10/2019 : Analytics, business intelligence, dashboards, data, Iridium Technology, legal it, matter pricing, profitability, revenue, Finance, Finance

For decades, law firms have charged their clients by the hour. It was a solution that seemed logical at the time. There is a lot that goes into working a case, and no way to tell how long it will take when an attorney begins to pursue one. As...

Iridium Technology ask: is your law firm tracking the right KPIs?

Resource - 30/09/2019 : Analytics, business intelligence, dashboards, data, Iridium Technology, legal it, matter pricing, profitability, revenue, Finance, Finance

Law firms, like any other business, must continuously track their key performance indicators (KPIs). These metrics go far past the Billable Hours metric that most attorneys track closely and are a great way to help legal teams better manage...

Iridium Technology: 5 revenue metrics all law firm leaders need to know and track

Resource - 27/09/2019 : Analytics, business intelligence, dashboards, data, Iridium Technology, legal it, matter pricing, profitability, revenue, Finance, Finance

Law firms are in the business of helping people, but they are still businesses. Large law firms have teams of people working on analyzing and investigating their performance on key metrics. Smaller law firms, on the other hand, may struggle to...

Iridium Technology discuss: If you're using Aderant for billing, you need a business intelligence dashboard

News Article - 17/09/2019 : Analytics, business intelligence, dashboards, data, Iridium Technology, legal it, matter pricing, profitability, revenue, Finance, Finance

Many law firms today have already taken advantage of Aderant, the innovative billing solution for legal teams. However, as law firm leaders know, there is more to...

Clocktimizer shares the current state of Legal Project Management

Case Study - 11/09/2019 : budgets, business intelligence, machine learning, Matter Management, pricing, Practice Management, Practice Management

Firms often run countless numbers of complex matters at once. Keeping track of all this; the wins, the losses, whether something is over or under budget; is impossible without good project management. However, LPM’s are often held back...

Clocktimizer shares the new generation of legal CFO

News Article - 27/08/2019 : budgets, business intelligence, machine learning, Matter Management, pricing, Marketing & BD, Marketing & BD

In the years before the financial crisis, being a CFO of a law firm was (for the large part) about crunching numbers. With an hourly rate structure, it wasn’t as complex as some industries and for the large part CFOs supported strategic...

Win new clients with data driven fee quotes from Clocktimizer

News Article - 27/08/2019 : budgets, business intelligence, machine learning, Matter Management, pricing, Marketing & BD, Marketing & BD

Picture the scene. Fancy Investments Inc. (a potentially exciting new client) has decided that they need to review their external counsel. They are looking for a firm to advise their asset management team on regulatory and tax management issues....

Top of the clocks

Case Study - 17/05/2019 : budgets, business intelligence, machine learning, Matter Management, pricing, Technology

As some wise person once said, necessity is often the mother of invention. Stephen Allen, global head of legal operations and innovation lead at Hogan Lovells, explains that Clocktimizer, which his firm has been using to wrangle and enrich its...

Rippe & Kingston and Iridium Technology announce strategic technology partnership to enhance law firm financial insights

News Article - 21/03/2019 : Analytics, business intelligence, dashboards, data, Iridium Technology, legal it, matter pricing, profitability, revenue, Technology

Rippe & Kingston and Iridium Technology have announced a strategic partnership to provide advanced financial insights for firms running the Rippe & Kingston Legal Management System (LMS). As mid-size law firms go head to head with large...

Iridium Technology acquires Decision Pace legal industry software division

News Article - 05/03/2019 : Analytics, business intelligence, dashboards, data, Iridium Technology, legal it, matter pricing, profitability, revenue, Technology

Iridium Technology announced today that they completed the purchase of the legal industry division of Decision Pace Inc. Jay Moeller, the former CEO of Decision Pace, has already joined Iridium in the position of Director - Project Management...

Value of collaboration

Resource - 27/02/2019 : Analytics, business intelligence, dashboards, data, Iridium Technology, legal it, matter pricing, profitability, revenue, Knowledge Management

Fraser Mayfield, head of EMEA at Iridium Technology, says learning to price your work more collaboratively can reap some real rewards.

When law firms get collaboration between lawyers and their clients right, using open and clear...

An introduction to machine learning – part three

Resource - 31/01/2019 : budgets, business intelligence, machine learning, Matter Management, pricing, Technology

Nearly everyone who keeps up to date with technological developments has heard of the term ‘machine learning’. It’s a nice buzzword that is being used more and more in recent years. But what does machine learning actually entail...

Legal BI vendor Iridium Technology appoints Rod Wittenberg as vice president of sales, North America

News Article - 30/01/2019 : Analytics, business intelligence, dashboards, data, Iridium Technology, legal it, matter pricing, profitability, revenue, Marketing & BD

Iridium Technology LLC, a global provider of BI Solutions for law firms, is proud to announce the appointment of Rod Wittenberg as Vice President of Sales, North America where he will lead Iridium’s direct and channel sales efforts. Rod is...

An introduction to machine learning - Part 2 (A history lesson)

Resource - 28/01/2019 : budgets, business intelligence, machine learning, Matter Management, pricing, Technology

Nearly everyone who keeps up to date with technological developments has heard of the term ‘machine learning’. It’s a nice buzzword that is being used more and more in recent years. But what does machine learning actually entail...

Clocktimizer: An introduction to machine learning - Part 1

Resource - 22/01/2019 : budgets, business intelligence, machine learning, Matter Management, pricing, Technology

Nearly everyone who keeps up to date with technological developments has heard of the term ‘machine learning’. It’s a nice buzzword that is being used more and more in recent years. But what does machine learning actually entail...