In our technology-enabled era, most law firms have moved away from manual processes to embrace electronic timekeeping. However, many continue to struggle with time entry accuracy and bill rejections related to noncompliance with outside counsel guidelines (OCGs).
This ebook explores the gaps and inefficiencies in the current state. Insights into how current processes impact and inhibit internal law firm stakeholder objectives reveal why firms simply must find new approaches. Declining realization rates, competitive market forces, and lawyer attraction/retention challenges are all factors that point to a need for change in time and billing technology.