Legal Research

"Budgeting: Getting the Most Out of Your Software"

Posted by John Heckman: "In the midst of a severe recession (to avoid the dreaded "D" word), firms are under a lot of pressure to get more out of their software.

One way to do this is to keep better track of your cases and revenue by availing yourself of the budget features in Amicus or PCLaw. Both these programs let you set up a budget for expected billable revenue and then generate reports comparing time worked and/or billed against the budget.

In Amicus, the timesheets page lets you set up a budget for the year and for the month, and then compare what you have actually billed to the budget. While most small firms know pretty well how things are going (good month, lousy month), it will help manage your firm to be able to put numbers on this.

In PCLaw, you set up a budget per month for each timekeeper. You can then run reports on budget vs. worked, vs. billed, etc."

Read more great tips for getting the most out of your software at John's blog!

Source: Does It Compute?, 20 July 2009

Full post as published by Stark County Law Library Blawg on July 22, 2009 (boomark / email).