Last week, we posted 5 simple steps you can take to raise your Firm's revenue.
Today, we’ve added how Rippe’s LMS Clients can apply the same steps with our software!
#1 Find
more billable time.
How Rippe’s LMS Clients can do it: Full
Day Accounting allows Attorneys to view their day at a glance.
Make
sure that there aren’t gaps in the day that are actually billable.
#2 Track actual billable hours vs. budgeted
hours.
How Rippe’s LMS Clients can do it: Month View allows Attorneys to see their MTD and YTD budgets and variances
so they are continually aware of how close or far they are to reaching their
goals.
Remind and motivate the Attorneys to meet
their monthly and annual chargeable budgets day to day.
#3 Maximize
productivity (i.e., billable time) by identifying available resources.
How Rippe’s LMS Clients can do it: The Available for Work
calendar allows Timekeepers to proactively enter how many hours they have
available on any calendar day, so the team leader can view their availability
through the My Team Watchlist.
Be sure to match assignments with the
appropriate resource.
#4 Refresh
Rates
How Rippe’s LMS Clients can do it: The Rate Audit Watchlist can assist Attorneys in determining which rates need to be increased.
How Rippe’s LMS Clients can do it: The Rate Audit Watchlist can assist Attorneys in determining which rates need to be increased.
Don’t lose revenue because of old rates.
#5 Track New Clients (like you should billable
phone calls)
How Rippe’s LMS Clients can do it: The New Clients/Matters Watchlist allows Attorneys to see their new
Clients and if they are being billed and are paying in a timely manner.
Catch a potential delay in receiving payment
before it becomes a habit.
