Por que as empresas estão perdendo mais de $ 3.6 milhões em receita anual - e como consertar

‘Productivity’ is one of the hottest buzzwords in legal technology today and for good reason. While lawyers scramble to keep up with the sheer volume of work that constantly pours in, firms are continuing to struggle with growth—begging the question of why?

The fact is, lawyers only spend an average of 2.5 hours on billable work every day, meaning 5.5 hours of their day is spent on unbillable tasks. This means if you’re a 10-lawyer firm that lack of productivity could amount to more than $3.6 million of lost revenue every year, not to mention a team of burnt out lawyers.

Para aumentar a receita e o crescimento e, ao mesmo tempo, melhorar o equilíbrio entre vida pessoal e profissional da equipe, o desafio da produtividade deve ser resolvido. Felizmente, isso pode ser feito revisando quais tarefas estão atrapalhando seus advogados e fornecendo-lhes as ferramentas adequadas.

What are lawyers spending their time on?

Lawyers spend the bulk of their time on a litany of administrative tasks. According to a survey of over 2,000 lawyers, more than 48% of a lawyer’s time is spent on a mix of continuing education, office administration, billing tasks, configuring technology, and collecting on accounts; with only another 33% of their time spent courting clients for the firm.

Embora cada um de nós tenha tarefas monótonas que gostaríamos que não existisse, poucos de nós têm essas tarefas consumindo quase metade do nosso dia de trabalho. E por mais importantes que essas tarefas administrativas possam ser para administrar o lado comercial da empresa, muitas delas podem ser automatizadas. Quando as empresas trazem tecnologia orientada a valor que automatiza o trabalho tedioso, os advogados ficam livres para se concentrar no crescimento da empresa e passar mais tempo produzindo resultados positivos para o cliente.

Selecionando a tecnologia certa

While not all technology companies can make good on their promises of productivity increases, many can deliver the performance your firm and lawyers are looking for. You will be able to select the right tools by keeping three critical considerations in mind before adopting a new piece of software: anywhere access, software integrations, and legal workflows.

1. Anywhere Access - With the sudden shift to working from home, the requirement for anywhere access has never been felt more acutely. Cloud-based or true-cloud software like NetDocuments provide the necessary anywhere access modern lawyers need while maintaining a robust security posture to protect information.
   
   
2. Software Integrations – To decrease the amount of time lawyers spend configuring various pieces of technology, ensure selected software integrates into a cohesive unit. This is most easily achieved by selecting a “center of gravity”, such as a legal document management system, that supports integrations from a wide variety of legal technology applications in addition to everyday software like Microsoft Office.
   
   
3. Legal Workflows – Legal work requires a unique workflow and specialized attention to detail and organization. This is why it’s critical that whenever a new piece of technology is selected for the firm, a core consideration is whether the software was built to support legal work and will smooth, rather than disrupt, lawyer’s current flows.

À medida que as empresas concentram sua busca de tecnologia em acesso, integrações e fluxo de trabalho, elas serão capazes de selecionar as tecnologias que automatizarão tarefas tediosas e aumentarão a produtividade geral da empresa.

To learn more about cloud technology and other key considerations, watch our What is the Cloud Anyway? webinar.

Não deixe dinheiro na mesa

Sempre cético em relação ao "novo", o setor jurídico - e por padrão o trabalho jurídico - permaneceu em grande parte estagnado. Mas em uma economia em que agilidade, velocidade de entrega e equilíbrio entre trabalho e vida pessoal são os novos status quos, esse ceticismo está se mostrando mortal para empresas tímidas.

Firms that are embracing the digital age are transforming not only how legal work is done but experiencing major growth as a result of their increased productivity and satisfied staff.

To learn how much revenue your firm is missing out on thanks to lost productivity visit our Productivity Calculator. To learn how NetDocuments can help you solve the productivity challenge, sign up for a consultation today.