Data Tracking and Reporting
We track hundreds of data points related to every matter and serve them up to you via a secure, web-based dashboard. What is the average lifecycle of your matters from open to close? In which jurisdictions do you experience more litigation? What are your average fees per case? What is your average settlement of a charge, and how does that compare to other organizations? With 24-7 access to these key performance indicators (KPIs) and so much more, you will have a clear picture of the trends taking place within your organization, allowing your team to make more informed business decisions.
Your client-configured dashboard automates and tracks each matter in real-time, providing an attorney-client privileged view of the status and details of your work flowing through the platform. This centralized system also provides access to important documents, deadlines, and information. With robust reporting features, LCS makes it easy to share trends and information with other business leaders within your organization.
With nearly 30,000 matters managed on the platform, we can share how you are performing against other organizations. We aggregate and anonymize matter-level data then benchmark how you are measuring against the average. While we can generate data related to all types of engagements, we automatically push out the following charges benchmarking via our dashboards today: average lifecycle of charges from open to close, average settlement amount and rate per charge, average payout per charge, and transition rate of charges‑to‑litigation.