how small firms use legal practice management software

Top Challenges Faced by Small Firms and how Legal Practice Management

Software Can Help

1.  Acquiring new client business (27%)

2.  Clients demanding more for less or rate pressure from

clients (21%)

3.  Spending too much time on administrative tasks and not

enough practicing law (15%)

4.  Cost control and expense growth (13%)

5.  Increasing complexity of technology (12%)

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Top Challenges Faced by Small Firms

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Acquiring New Client Business

Winning a new client costs as much as 

10 times more

than retaining an existing one

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Downward Pressure On Rates

A median of 21% to 30% of all law firm fees came from discounted rates in

2015

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Solution: Reducing Administrative Tasks

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Matter Templates Automate your checklists and workflows

Bill As You Work

Run Invoice and Collect Payment

Add billable time as you attend events, generate documents, etc.

Time to bill with LPM is reduced to minutes, collect payment from clients in-app

Rocket Matter allows you to bill for: •  Calendar Events •  Tasks •  +Expense/Time •  In-app Timers •  Documents •  Notes •  Email •  Phone Messages •  Documents created

from Templates

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Solution: In-Depth Reporting

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•  Productivity Per User

•  Billable Activity by User

•  Expenses Report

•  Collections Report

Regularly tracking KPIs keep you aware of your firm’s financial health and productivity!

Solution: LPM Software that’s Easy to Use

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•  User-friendly interface

•  Intuitive features

•  Gamification- a unique take on training

•  Demos to get your feet wet to see if Practice

Management Software is right for you!

Feedback from Rocket Matter Users

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•  30% more billable hours captured per month •  40% reduction in administrative staff needs •  23% increase in overall revenue

Nefra MacDonald nefra@rocketmatter.com

888-432-1529 | www.rocketmatter.com

Tim Baran tim@rocketmatter.com

Thank you from your presenters!