Beruflich Dokumente
Kultur Dokumente
Serving over 600 practices and 15,000 individual users, DPS have built a strong and growing market position thanks to their
www.dpssoftware.co.uk Page 2
Chapter 1 Introduction
The legal profession is an important sector of the British economy, generating 23.1 billion per year or 1.8% of GDP, according to the Ministry of Justice and UK Trade & Investment. At this moment in time, more than ever, there is no place for complacency in the industry. As the UK emerges from a difficult economic period, domestic and global competition for legal services also intensifies. The
Industry trends
can open new avenues for financiallychallenged practices, enabling them to develop a new client base and keep talent in house.
Investing
selectively
in
legal
technologies Matter management and e-billing technologies were rated as one of the most popular IT solutions by the Corporate Executive Board in an article predicting the 9 efficiency trends to be embraced by law firms in 2013. Members express relatively high levels of satisfaction with those solutions the article continues, encouraging readers to adopt new technologies but not before understanding the workflow and management changes involved (heres
contraction in the demand for legal services of the past few years, coupled with
consolidation in the sector caused by mergers and acquisitions and the rise of new business models, poses a new set of
prevalence of Mergers & Acquisitions in the legal industry, as law firms struggle to increase revenues and enter new markets. Partnerships with other law firms or with companies offering complementary services
Page 4
More business for smaller law firms As we all know, a law firms size is the main factor affecting hourly rates; the Corporate Executive Board even put it above partner experience, practice area, or even location (the second largest). As they look for cost savings more and more large companies are now turning to the services of midsized law firms (50-500 lawyers) that can provide high quality legal services at lower prices.
Industry trends
The multigenerational workforce The Business Insiders observation about the lawyers delayed retirement is backed up by Legalcareer s comment on the diversity of a law firms workforce in terms of age. Oftentimes, Traditionalists, Baby
Positive economic outlooks The Dow hasn't just recovered, it's up nearly 12% over it's pre-recession high notes the Business Insider attempting to
Page 5
The role of technology in the legal sector must be understood from an efficiency and cost-saving point of view- enabling fee earners to work more efficiently - spending less time doing admin work, more time on income-generating tasks and saving money in the process.
As well as affecting law firms, technology is also affecting the client, empowering him/her more than ever. Tools like the Internet and social media put the clients in control by giving them access to information and to a larger pool of legal service providers. This in turn means that they can switch suppliers There is a growing recognition that technology central role will in play the an increasingly legal
emerging
This is not surprising at all given the Client satisfaction can no longer be assigned secondary importance and you cant afford to be complacent with regards to the quality of the service you provide. But while technology puts the client in control, it can also empower you to respond to these challenges better. We will show you how in the following chapters. critical Different support role of IT systems. law
technologies
benefit
practices in different ways and this is what we will focus on in the next sections.
Page 6
Case management systems collate all the information regarding a case or a matter, making it available to all those involved and enabling them to track their progress online thus reducing the amount of time and admin work required.
A product of the 1990s, case management software systems have been developed to assist legal staff in their core functions, help them break away from the paper addiction and streamline processes. Even though no longer considered an innovative product, this type of software is still the backbone of efficient, profitable law firms that make the Integrated within Microsoft Outlook or provided as a separate product, DPS two decades Outlook Office is a fully scalable, modular system designed of according modern to the legal DPS One Office- a case management system and practice management
working with law firms to create IT solutions that answer their problems and meet their requirements. The first result of this endeavour is our flagship software -
requirements practitioners.
instantly organizes and structures your case files. Simon David, Managing Partner at Thomas Legal Group One of the most convenient factors of implementing such a system is the fact that more than one person can view case documents at any one time. Ian Fretwell, IT Director at Tees Solicitors
Page 8
Manage
your
cases
straight
from
Microsoft Outlook
If you want to work your way, using a familiar interface then Outlook Office is the case management solution for you. The use of email as a form of communication is growing rapidly. The vast majority of users already use Outlook as part of their daily work regardless of their IT expertise, many of them starting their day by checking their emails. With Outlook Office, legal practitioners inevitably comfortable with the Outlook interface, do not need to adapt to a different system to work on their case Legal software is most effective when it is files. Their familiarity with Outlook phone attendance notes, digital dictation and case workflows straight from their email platform.
almost
invisible
they
say,
so
we
reduces the amount of training required and eases the rollout of the solution, leading to a faster ROI.
incorporated ours into one of the most common work platforms for lawyers. Outlook Office case management breaks down unnecessary barriers and allows you to run case files from within Outlook, preview case documents just like previewing emails, automatically attach scanned documents and emails to cases.
Due to the fact that Outlook Office sits within Microsoft Outlook, users have access to case tasks, file history, template letters,
Our case management software works straight from Microsoft Outlook
Page 9
If you do not use the Microsoft Outlook platform and if youd prefer to manage your cases in a system that sits outside the usual email environment, then DPS One Office is the option for you this is our case management system in its standalone form.
Both Outlook Office and One Office are provided with an integrated legal accounts
Provided
as
an
independent
software
package that offers a common user interface for both fee earners and
application, One Office gives you access to the same functionalities as Outlook Office and allows you to perform the same tasks:
accounts staff, giving them to ability to post time and view ledger cards in real time. We will present our accounts system
- Manage matters, cases and files; - Create and monitor To Do lists and reschedule tasks;
The use of a case management system enables fee earners to use their time more effectively, by eliminating timeconsuming, administrative tasks. Yet not just any case management software will do. You need to ensure that the product responds to your law firms to produce
documents as well as ready-to use workflow template libraries for the most widely practiced areas of law: Criminal Law Conveyancing, Sales, Purchase & Remortgage Family Work Probate and Wills Personal Injury and Uninsured Loss Recovery Debt Collection Mortgage Repossession General Matter Management Page 10
www.dpssoftware.co.uk.
The money link. How One/Outlook Office can help you enhance your profits
At this point you probably want to discover the direct connection between the use of a case management software solution and your firms profitability. Here is how our product can help: Actionable statistics. What doesnt get measured , doesnt get managed. process flows. Simplifying the administrative side of the matter/case progress, our case management system allows fee earners to focus on legal work and complete tasks more efficiently. Never be out of touch with your money. The automatic time recording feature within our system allows you to
user
dashboards
showing
real-time
business and fee earner-based KPIs (key performance indicators) such as profit costs and number of cases opened over a period of time so you can quickly grasp the financial state of your firm at any moment in time and make informed
accurately track the amount of work done on a case or matter and compare it against the money brought in to ensure that resources are allocated wisely.
decisions.
Less effort, more rigorous compliance. By incorporating risk processes (i.e. conflict checking & risk analysis) into the file opening procedure seamlessly, the
Track the
money coming in
amount of work required to ensure compliance is diminished while the quality of the outcome is improved. Automated processes and ready-to-use templates, precedent libraries and Page 11
Chapter 3 Conclusions
Conclusions
Its all about the money The purpose of this white paper is to give you an overall understanding of the technology solutions available to you and their potential impact on your firms profitability. The only reason why you should invest in
clients, the changing economic climate and the new Generation Y staffers coming through the ranks makes it impossible for law firms to operate in the same way as 20 years ago.
The emergence of new legal models, the growing use of medium sized firms by commercial clients and the slightly improved economic outlooks all affect and threaten to reshape the legal sector as we know it. While technology is not a panacea for all of a firms troubles, it does allow you to
technology is to enable your firm to operate as a robust business and become more profitable. Unless a particular IT solution has a direct effect on client satisfaction and income, then the
systemise
and
deliver
services
in
Case management software products are one of the few technology solutions with a real potential to increase the efficiency of your staff and the profitability of your law firm.
particular way which is highly efficient as explained by Andrew Loach, COO of the Transaction Services Team at Addleshaw Goddard.
fabulous IT at home or in their palms- but at work, if theyre in a law firm, its a world apart. Richard Jones, Wragge & Co, Briefing Magazine, October 2013
Page 13
Different law firms across the UK are enjoying the benefits of best-in-class IT solutions from DPS Software. Discover the stories and motivations behind using our products and how they feel about their decisions years after making these choices.
Conclusions
Biscoes-
Building
business
using
technology foundations
Ersan & Co- Achieving success with DPSCloud and Outlook Office
EquilawSoftware
New
beginnings
with
DPS
Page 14
To learn how our different solutions can benefit your law firm please contact us by phone or email. Our representatives will be happy to assist you.
Conclusions
Request
FREE,
no-obligation About DPS Software DPS Software is one of the leading and
longest
established
legal
IT
solutions
providers in the UK, catering to the needs of law firms small and large across the country. During the past three decades we have put every effort into developing best-of-breed
case
management
to help law
and
accounting
improve
software
firms
In the past few years, we have enlarged Postal Address our offer by the addition of new legal IT solutions that facilitate the management of law firms, fee earners and their workload. To learn more about our companys history and products please visit our websites: www.dpssoftware.co.uk www.dpscloud.com www.mylegalspace.co.uk Page 15
Herewood House
288 Southbury Road Enfield Middlesex EN1 1TR