InOutsource, a trusted consulting and technology implementation services company, now offers law firms business intelligence consultation and implementation services. The new offering will help law firms gain real-time insight into performance, enable key stakeholders to regularly evaluate business practices, and empower rapid changes and ongoing improvements.
According to Nancy Beauchemin, President of InOutsource: “Without comprehensive and real-time business intelligence, law firms lack visibility into operations, finances, information governance, lawyer performance and more. This lack of business insight impairs the ability to make data-supported and timely adjustments to the business. With business intelligence, law firms acquire access to accurate, real-time data to align strategy with performance.”
“Law firms are struggling to integrate data from multiple business sources,” stated Megan Beauchemin, Director of Business Intelligence and Analytics for InOutsource. “Current solutions solve very specific use cases and ad hoc SQL reporting lacks imagination, resulting in limited insight and an inability to discover meaningful patterns in data. Law firms should think broadly and employ firm-wide business intelligence solutions that enable quick access to key metrics. With the right strategy in place, business intelligence will power a law firm to an entirely new level of performance and profitability.”
InOutsource will help law firms scope and define requirements for a solution that is efficient and effective in solving business problems. The company will assist with:
• Firm-wide business intelligence and analytics strategy development
• Platform evaluation and selection
• Intuitive data analysis and data visualization design
• Predictive analytics and data modeling around financial information, attorney and staff operations, human resources, marketing and information governance.
To learn more about this service, visit http://www.inoutsource.com/services/.
InOutsource will be demonstrating both its business intelligence capabilities, as well as the industry-leading records management solution FileTrail, at ILTACON 2016. Contact [email protected] to reserve a time to view the demonstrations. You can also find the company exhibiting at ILTACON by visiting booth number 506.
ILTACON 2016: InOutsource and Presentations
Leaders from InOutsource have been invited by the International Legal Technology Association to speak at ILTACON 2016 in National Harbor, Maryland.
Megan Beauchemin will lead a discussion covering “Data Analytics You Can Do Now in Legal.” The session, scheduled for Monday, August 29, at 2:30 p.m. EDT, will be held in Woodrow Wilson A at the Gaylord National Harbor Hotel. The discussion will explore how modern data analytics techniques can be applied to law firm data sets and will identify baseline analytics every law firm and law department can perform today. (#ILTACON #ILTA025)
On Thursday, September 1, at 9 a.m. EDT, Nancy Beauchemin will join panelists Roger L. Bonine of Marshall Dennehey Warner Coleman & Goggin and Abby Ross Spilker of Miles & Stockbridge P.C. to discuss “Maximizing Efficiencies with Technology-Backed Workflows.” The session, held in room Maryland B, will tackle how law firms can maximize productivity by increasing efficiency and how technology can streamline and automate existing tasks/workflows to decrease the amount of time spent entrenched in a firm’s many processes. (#ILTACON #ILTA139)