Business Intelligence is the answer! The Legal Management System (LMS) Business Intelligence Dashboard and Reporting module provides key analytics to law firm decision makers. The system gathers important accounting and general ledger data and presents the results in a graphical / drill down method providing meaningful and easy to understand information. The Business Intelligence software can be easily configured to present firm, office, practice group, department, client, matter, attorney data and others based on the individual needs of the law firm. The LMS Business Intelligence module gives firm management and individual attorney's access to the relevant information necessary to help them make better and more insightfully informed decisions about the firm's performance.
Firm Profitability results are also included within the Business Intelligence Dashboard and Reporting module. Providing the most advanced profitability module in the industry today.
Firm Profitability can be measured at every reporting level based on the individual needs of the law firm. Through Direct, Indirect and Overhead cost allocations captured for each attorney, the module focuses on key business drivers, and enables a firm to quickly ascertain the effect that utilization, realization, leverage, and cost allocations have on the firms overall profitability and performance.
LMS Business Intelligence Dashboard is the latest tool for your users to access key Financial Statistics. It displays month-to-date and year-to-date key production statistics by Firm, Office, Department (Practice Group), Attorney, etc. It also allows you to drill down and create PDF reports for each view.
LMS offers numerous reporting options that include: