Data Analytic Services For Law Firms
Convert Your Law Firm’s Assets Into Cash With Data Analytics Services
Welcome to Catalyst BI, where we bring you cutting-edge data analytics services specifically designed for law firms. Our partnership with Qlik, a leader in data management and analytics platforms, allows us to offer you the latest advancements in performance management dashboards. With our customisable dashboards, you can easily analyse crucial KPIs such as Lock-up (WIP and Debt), Utilisation, Time Recorded, Billing, and Realisation, to name a few.
Transform your law firm into a thriving, profitable business today by deploying our exceptional data management services. By partnering with Catalyst BI, you can gain invaluable insights into client and matter profitability, sector performance, business development, and human resources analysis. You'll be amazed at the difference this will make to your bottom line! So why wait? Take the first step towards success and contact Catalyst BI today.
Why Do Law Firms Need Data Analytics Solutions?
Output
trends conducive to the growth of the law
firm
Our Law Firm Data Analytics Solutions In Action
Complex client reporting, automated delivery of financial and statistical analysis.
Following the success of Roythornes initial financial dashboards, it wanted to extend QlikView to fulfil a wider variety of requirements including complex client reporting and automated delivery of financial and statistical analysis.
The Qlik Business Discovery platform – a rich set of dashboards that use business discovery technology to analyse business information and communicate key performance indicators across the firm on the management of financials, business development, risk and compliance and customer retention.
"Qlik has dramatically improved the quality of our management information and has made us much more proactive in the monitoring of our performance, so it was a natural progression for us to expand Qlik into other areas of our business."
"As Catalyst has substantial Qlik product knowledge and an expert grasp of the legal industry we were more than happy to work with them again on these new projects.”
Jonathan Swan | Operations and IT Director
Shepherd and Wedderburn improve management information and business insight with Qlik data management tools
Shepherd and Wedderburn delivers specialist legal advice to commercial, public sector and private clients throughout the UK and overseas from its offices in Edinburgh, Glasgow, London and Aberdeen. With the firm’s focus on service delivery and responsiveness the availability of accurate and up-to-date information across the business is vital.
Shepherd & Wedderburn wanted to consolidate its collection of reports into one document and create more interaction between finance and other departments. It also wanted to make financial reporting easier to understand and more specific to the audience’s needs.
"When Catalyst demonstrated Qlik Sense we were immediately impressed by its features and the multiple ways in which information could be displayed through its dashboards. In particular, I had a relentless focus on ensuring it was easy and intuitive to use and the Qlik Sense product allowed us to tailor it to our needs”
"The reporting capabilities of Qlik Sensehave enabled us to analyse things we had not even thought about doing before and it is now essential to our business”
Keith Wilson| Finance Director
Areas That Data Science In Law Has The Most Impact
Our legal customers have benefited from our data science services in four key operational areas.
Visibility around up-to-data WIP is a real problem. Get a full, current and accurate picture with WIP analytics.
Incentivise, reward and identify best practice with a clear top dashboard performers dashboard which is current and definable by a complete range of metrics.
In a fast-moving environment it is easy to fall behind with the most pertinent outstanding debts. Have a clear picture of amounts, duration and client trends to minimise risk and improve cashflow.
Provide the COFA and fee earners with a single version of the data required to manage the risk that is inherent in all legal practices.
Cut through the complexities associated with matter billing. Tie in client-payments, retainers and billing smartly and have a clear view of where you stand.
Close the realisation rate gap with greater insight into the causes and trends with the discrepancy.
Provide your clients access to a client-centric dashboard that takes away the need for a different reporting template for each customer.
Through Qlik and DataRobot, predict the probability a use case will result in court proceedings, medical negligence and its payout brackets.
Monitor the engagement levels of your sales teams and identify the most effective use of relationship development time.
Monitor the success of your recruitment campaigns and link it to performance and retention.
Have a clear view of common trends, warning signs and red flags that indicate a higher risk of turnover to enable smart action to minimise turnover.
Generate a clear picture of staff absence, linked into overall performance and be able to identify any other behaviour identifiers, as well as being able to clearly see problem patterns.
Data Analytics In Law, Blogs & Further Reading
All the latest news, focus areas and practical takeaways on management changes and data analytics technology implementations within the legal industry.
PRESCRIPTION FOR PROGRESS
Barry Talbot, Legal Qlik Account Director talks to the Briefing Magazine on how law firms can react faster to new realities by changing how they deliver data.SHEPHERD & WEDDERBURN
Hear Steve Dalgleish - Head of Technology for Shepherd & Wedderburn discuss how choosing Qlik has improved their decision making through hard data.INTERACTIVE, EASY-TO-USE DASHBOARDS
Leading UK Law Firm Shepherd and Wedderburn improves management information and business insight with Qlik.REMOTE CHANCE OF RISK
DAC Beachcroft talk to the Briefing Magazine on the need for a firm handle on hybrid working practices and processes, however flexible.What Our Clients Have To Say About Our Data Analytics Consulting In Law
"Qlik has dramatically improved the quality of our management information and has made us much more proactive in the monitoring of our performance, so it was a natural progression for us to expand Qlik into other areas of our business."
"As Catalyst has substantial Qlik product knowledge and an expert grasp of the legal industry we were more than happy to work with them again on these new projects.”
"Our Catalyst BI solution has totally changed our approach to data analysis and has delivered a noticeable improvement in lock-up, debtors and WIP.”
“Our Catalyst BI solution has enabled our business to be more proactive and self-sufficient in its analysis.”