The Matters by Practice Area report categorizes ongoing and completed legal matters by practice area, providing law firms with a clear overview of their case distribution across different legal specializations. This report is crucial for understanding the firm's workload distribution and resource needs in each practice area.
Insights Expected from the Matters by Practice Area Report
This report offers valuable insights into the allocation and management of legal matters across different practice areas:
Workload Distribution: It highlights the number of matters in each practice area, helping firms assess whether resources are appropriately distributed among different teams or legal specializations.
Strategic Resource Allocation: By analyzing which practice areas have the most active matters, firms can make informed decisions about staffing and allocate attorneys or paralegals to the most needed areas.
Specialization Insights: The report helps identify which practice areas are driving the firm's caseload and offers insights into growing or declining areas of legal specialization within the firm.
Practice Area Performance: Firms can evaluate the financial performance of each practice area by tracking revenue, expenses, and matter completion rates, aiding in better financial and operational planning.
Client Relationship Management: This report helps to align specific clients with relevant practice areas, enhancing the firm's ability to provide tailored legal services and improving client satisfaction.
To generate the Matters by Practice Area report:
Navigate to the Dashboard
Click on Reports
Scroll down to the Matters section and choose 'Matters by Practice Area.'
You can refine the details by applying various filters. The report can be exported for deeper analysis, allowing firms to effectively manage their practice areas and align resources with demand for specific legal services.
Explore this comprehensive guide for a deeper understanding of all features available in the reports interface.