FAQ: “Our law firm has outgrown our current billing software system. We need to find new billing software that will ‘grow us’ and grow with us. Does RainMaker’s billing software enable firm growth?”
Answer: Of course. With RainMaker’s billing software for the legal office, law firms can very simply measure component profitability using existing system information, while saving time. This information can be leveraged and used as a gateway to firm growth.
Case in Point: Picture a law firm with six offices in the Northeast comprising 225 lawyers and 250 non-legal professionals that serves institutional and industrial clients regionally, nationally and globally. With such far reaching needs, it is important for the firm to be on the cutting-edge technologically with service plans tailored to each client’s specific and electronic communications concerns.
With an expanding growth pattern, the law firm needs billing software that would accommodate the addition of new clients, staff and attorneys, without limitation. To continue catering to their growing client base needs, the law firm needed an efficient way to meet the specific billing requests of each of its clients and increase productivity. Because the firm works across a number of industries, specifically in insurance, with needs for electronic task-based billing, it required the ability to format bills in an expeditious and efficient manner. Overall, the firm wanted to leverage its current staff so that more work could be accomplished with the same number of individuals.
Previously, the running of reports had to wait until most attorneys and staff had left for the day so that the system would not be tied up for hours. To obtain financial information, attorneys would have to contact the accounting department resulting in delays because of the added burden on the staff. Attorneys needed to get information at their fingertips and to process that information quickly without tying up the entire system.
Overall, the law firm needed to consolidate as many applications as possible into a single, central solution. This would save time and costs - as the staff would not need to re-key applications into more than one place.
| Before RainMaker Billing Software | After RainMaker Billing Software |
|---|---|
| The accounting department was burdened by manual re-keying while completing basic tasks in A/R. | In the past, A/R reports came out of billing, yet the system did not allow for note taking. With RainMaker’s Work Flow Wizards, once an item is in collections the system generates and assigns a specific series of activities to collect the item based on business rules or exception criteria. This helps to simplify what used to be a tedious process and allows for note taking in A/R to avoid re-keying of data. |
| Need for an efficient way to meet the specific billing requests of each of its clients. Because firm's works across a number of industries, specifically in insurance, with needs for electronic task-based billing, it required the ability to format bills in an expeditious and efficient manner. | Another time-saving, flexible RainMaker billing software tool is the Graphic Bill Designer. With RainMaker's Graphic Bill Designer, firms are able to expeditiously meet any billing requests its clients may have. The law firm has an unlimited variety of bill formats and formatting choices available; without the need for any custom programming. Therefore, if a client in the insurance industry requires a custom bill format, a law firm can can easily meet its requirements with RainMaker’s flexible reporting; a commodity in the legal software world. |
| Previously, the running of reports had to wait until most attorneys and staff had left for the day so that the system would not be tied up for hours. To obtain financial information, attorneys would have to contact accounting, which resulted in delays because of the added burden on the staff. | Using Business Intelligence (BI), which is included with the system and integrated with Microsoft® Excel, the law firm can create reports that are available right away with no more overnight reporting that ties up the system. Spreadsheets, PivotTables, graphs and printed reports can easily be prepared using specific criteria. Basic data about clients/matters and timekeepers allow the firm to summarize at any level - client, timekeeper, department, practice area and other categories. These reports can include and present high-level information or offer drill-downs for additional analysis. |
By implementing RainMaker, firm business can increase substantially. However, it requires a commitment to excellence as well as RainMaker’s technological solutions which have allowed firms to meet its clients’ specific technological needs. With installs in firms from 30 to over 300 timekeepers, RainMaker Platinum software will certainly keep up with firm's as they continue to grow.
Whereas most large legal software vendors charge extra to develop custom bills and pre-bills, RainMaker's Graphic Bill Designer comes standard.With the implementation of RainMaker and its billing software for law firms, firms can grow their business and continue to meet all of the unique reporting and technological needs of the firm.
More resources: Accounting Software for Law Firms | Billing Software for Legal Office | Billing Software for Attorneys | Billing Software for Law Firms | Buy Legal Office Software | Enterprise Legal Software for law Firms | Legal Accounting Software | Legal Time and Billing Software | Time and Billing Software for Law Firms | Time and Billing Software for Attorneys | Time and Billing Software for Legal Offices


