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Billing Survey Shows Rates Ticking Up as Demand Dips
March 30, 2014
Corporate clients purchased fewer hours from law firms in 2013 than they did the year before, even as they paid more for what they bought. Hours were off by 1.3 percent, while fees were up by 1.6 percent. The revenue gain was powered by a 5 percent year-over-year increase in collections during the fourth quarter of 2013. These are among the most telling results of the latest LegalView Legal Market Index, which is produced by TyMetrix, the giant electronic billing clearinghouse and data analytics...
March 30, 2014
Corporate clients purchased fewer hours from law firms in 2013 than they did the year before, even as they paid more for what they bought. Hours were off by 1.3 percent, while fees were up by 1.6 percent. The revenue gain was powered by a 5 percent year-over-year increase in collections during the fourth quarter of 2013. These are among the most telling results of the latest LegalView Legal Market Index, which is produced by TyMetrix, the giant electronic billing clearinghouse and data analytics...
Study Shows Drop in Demand for Legal Services
September 13, 2013
Clients are doling out less work, but paying a higher rate for it, a new TyMetrix index shows.
September 13, 2013
Clients are doling out less work, but paying a higher rate for it, a new TyMetrix index shows.
Master the Business of Law With Metrics, MatterAnalyzer, and Matter Management
August 7, 2013
Headlines: Prepare to Compete in a Tough Legal Market with MatterAnalyzer Moneyball for Lawyers: Build an All-Star...
August 7, 2013
Headlines: Prepare to Compete in a Tough Legal Market with MatterAnalyzer Moneyball for Lawyers: Build an All-Star...
TyMetrix Announces Global Expansion Following Exceptional Growth
July 28, 2013
TyMetrix, the global leader in intelligent solutions for managing the business of law, today announced the expansion of its support...
July 28, 2013
TyMetrix, the global leader in intelligent solutions for managing the business of law, today announced the expansion of its support...
Using Data to Fix Outside Counsel Budget Forecasts
July 2, 2013
Since the 2008 economic crisis hit, U.S. corporations have been ratcheting up pressure on their general counsel to limit legal spending, and on law firms to provide detailed budgets for their work. For firms used to providing clients with ballpark estimates for outside counsel work, the new focus on precision can be a difficult transition. “The old approach to budgeting [for legal services] was to say every case is different and can’t be budgeted,” said Craig Raeburn, vice president of legal...
July 2, 2013
Since the 2008 economic crisis hit, U.S. corporations have been ratcheting up pressure on their general counsel to limit legal spending, and on law firms to provide detailed budgets for their work. For firms used to providing clients with ballpark estimates for outside counsel work, the new focus on precision can be a difficult transition. “The old approach to budgeting [for legal services] was to say every case is different and can’t be budgeted,” said Craig Raeburn, vice president of legal...
TyMetrix Releases Advanced User Interface
June 10, 2013
TyMetrix, the global leader in intelligent solutions for managing the business of law, today released an advanced user interface for its global TyMetrix 360˚platform, which enables legal professionals to access and manage legal matters, invoices, claims and e-billing. The updated platform provides users with increased functionality, allowing for quicker access to important documents to make better, faster decisions, saving users time to focus on their core tasks. In addition, the platform responds...
June 10, 2013
TyMetrix, the global leader in intelligent solutions for managing the business of law, today released an advanced user interface for its global TyMetrix 360˚platform, which enables legal professionals to access and manage legal matters, invoices, claims and e-billing. The updated platform provides users with increased functionality, allowing for quicker access to important documents to make better, faster decisions, saving users time to focus on their core tasks. In addition, the platform responds...
How The Am Law 100 Makes Its Money
May 13, 2013
How did The Am Law 100 make all that money? By maneuvering through a complex and churning market for big-firm legal services...
May 13, 2013
How did The Am Law 100 make all that money? By maneuvering through a complex and churning market for big-firm legal services...
TyMetrix Leadership Team Adds Two Executives to Drive Growth in Legal Technology Solutions
April 21, 2013
Key Leadership Additions Support Innovation and Operational Excellence to Help Fast Growing TyMetrix Client Base Better Manage the Business of Law HARTFORD, CT, Apr 17, 2013 (Marketwired via COMTEX) -- TyMetrix, the global leader in intelligent enterprise legal management solutions for managing the business of law, today announced it has appointed Deepthi Bathina as vice president of product management and marketing, and Andre K. Jett in a newly created role as vice president of global...
April 21, 2013
Key Leadership Additions Support Innovation and Operational Excellence to Help Fast Growing TyMetrix Client Base Better Manage the Business of Law HARTFORD, CT, Apr 17, 2013 (Marketwired via COMTEX) -- TyMetrix, the global leader in intelligent enterprise legal management solutions for managing the business of law, today announced it has appointed Deepthi Bathina as vice president of product management and marketing, and Andre K. Jett in a newly created role as vice president of global...
TyMetrix Opens Forum Series on “Emerging Trends in Buying Legal Services”
March 5, 2013
TyMetrix, the global leader in intelligent solutions for managing the business of law, announced today the launch of its 2013 TyMetrix Legal Analytics LegalVIEW(R) FORUM series, peer-to-peer content-driven sessions that focus on today's most pressing legal issues. The first session, "Establishing Value-Based Pricing and AFAs," will be held on February 28 at the Harvard Club, 35 West 44th Street, in New York, from noon to 6 p.m. "These forums truly represent a first in the legal industry, bringing...
March 5, 2013
TyMetrix, the global leader in intelligent solutions for managing the business of law, announced today the launch of its 2013 TyMetrix Legal Analytics LegalVIEW(R) FORUM series, peer-to-peer content-driven sessions that focus on today's most pressing legal issues. The first session, "Establishing Value-Based Pricing and AFAs," will be held on February 28 at the Harvard Club, 35 West 44th Street, in New York, from noon to 6 p.m. "These forums truly represent a first in the legal industry, bringing...
TyMetrix and Exterro Partner to Streamline Legal Matter and E-Discovery Management
January 28, 2013
TyMetrix and Exterro Partner to Streamline Legal Matter and E-Discovery Management http://www.marketwatch.com/story/tymetrix-and-exterro-partner-to-streamline-legal-matter-and-e-discovery-management-2013-01-23
January 28, 2013
TyMetrix and Exterro Partner to Streamline Legal Matter and E-Discovery Management http://www.marketwatch.com/story/tymetrix-and-exterro-partner-to-streamline-legal-matter-and-e-discovery-management-2013-01-23
