Launch Best-in-Class Legal Firms Business Intelligence in Just 48 Hours
23
Data Sources
80
Metrics / KPIs
74
Charts
2
AI decision making assistants
Launch Best-in-Class Legal Firms Business Intelligence in Just 48 Hours
23
Data Sources
80
Metrics / KPIs
74
Charts
2
AI decision making assistants
Which practice areas yield the highest profit margins?
What percentage of billed fees are successfully collected over time?
How effectively is the firm retaining its clients over time?
Virtual Show Room
If you want to see how top legal firms use data to improve operations, manage caseloads, and boost profitability, join our showroom session. We’ll walk you through the tools they rely on — like Clio, PracticePanther, NetDocuments, and Power BI — and show how they connect data across billing, case management, and client intake. Together, we’ll explore key metrics such as billable hours, realization and collection rates, case duration, and client retention, and review dashboards used for partner reporting, workload balancing, and performance analysis. By the end of the session, we’ll outline a custom decision-making system tailored to your firm’s structure and strategic goals.
Best Practice Data Stack
At Data Never Lies, we understand that law firms depend on accurate, timely data to manage caseloads, optimize billing, and support strategic growth. That’s why we build scalable analytics solutions using tools like Clio, PracticePanther, NetDocuments, and Power BI — tailored to your practice areas and operational goals. From tracking key metrics like billable hours, realization and collection rates, case timelines, and attorney productivity, to automating client reporting and financial overviews, we turn fragmented data into clear, actionable insights. With our expertise, your data isn’t just well-managed — it becomes a powerful asset for running a more efficient, profitable, and client-focused firm.
23 Data Sources
Launch Best-in-Class Legal Firms Company Business Intelligence in Just 48 Hours
Wave
Free accounting software for small businesses, featuring invoicing, receipt tracking, and basic payroll capabilities.
Filevine
A cloud-based legal case management software for document automation, task tracking, and workflow optimization.
Clio
A comprehensive law practice management platform for billing, client management, and document storage.
MyCase
A legal practice management solution offering case tracking, billing, and client communication tools
PracticePanther
A legal management software with time tracking, billing, and automation features for law firms.
Zola Suite
A cloud-based law practice management platform with integrated email, billing, and document management.
Actionstep
A customizable legal workflow and case management software designed for mid-to-large law firms.
TimeSolv
A time tracking and billing solution for law firms and professional services.
Bill4Time
A legal timekeeping, invoicing, and billing software with reporting and accounting features.
Smokeball
A case management software for small law firms with automated document generation and time tracking.
Paycom
Cloud-based HR and payroll platform offering employee self-service and automated compliance tools.
Gusto
Payroll and HR platform for small businesses, providing benefits management and employee onboarding tools.
Rippling
A comprehensive employee management platform integrating payroll, benefits, and IT management for seamless business operations.
Wave
Kashoo
Simplified cloud accounting software for freelancers and small businesses, offering invoicing, expense tracking, and reporting.
80 Metrics
Launch Best-in-Class Legal Firms Company Business Intelligence in Just 48 Hours
BHP
Billable Hours Percentage – The ratio of billable hours to total worked hours, indicating attorney efficiency and firm profitability.
CRR
Client Retention Rate – The percentage of clients who continue using the firm’s services over a specific period.
RPM
Revenue per Matter – The total revenue generated from a single legal case or matter.
UR
Utilization Rate – The percentage of total worked hours spent on billable client work.
AAR
Aging Accounts Receivable – The time elapsed since invoices were issued, indicating overdue payments and cash flow efficiency.
MP
Matter Profitability – The profit generated from a legal case after deducting all associated costs.
AP
Attorney Productivity – The efficiency of an attorney, measured by billable hours, case outcomes, and overall contributions.
CPM
Cost per Matter – The total expenses incurred to handle a legal case or matterю
CAC
Client Acquisition Cost (CAC) – The average cost of acquiring a new client, including marketing and onboarding expenses.
CRT
Case Resolution Time – The average duration required to resolve a legal case from initiation to closure.
FCR
Fee Collection Rate – The percentage of billed fees successfully collected from clients.
NBHP
Non-Billable Hours Percentage – The ratio of non-billable hours to total worked hours, indicating time spent on administrative or internal tasks.
RFA
Revenue Forecast Accuracy – The precision of projected revenue compared to actual earnings.
CB
Case Backlog – The number of unresolved cases pending action within a given period.
EPM
Expense per Matter – The total costs incurred per legal case, including operational and administrative expenses.
74 Charts
Launch Best-in-Class Legal Firms Company Business Intelligence in Just 48 Hours
Gross Margin Percentage
Gross Margin Percentage (Area Chart Over Time)
Visualize gross margin percentage trends over time using an area chart to track profitability fluctuations.
Churn Rate Over Time
Churn Rate Over Time (Line Chart by Month)
Monitor churn rate trends monthly with a line chart to identify and address customer retention challenges.
CAC by Channel
CAC by Channel (Bar Chart by Acquisition Channel)
Compare customer acquisition costs across channels using a bar chart to identify the most cost-effective sources.
Renewal Rate Over Time
Renewal Rate Over Time (Line Chart by Month)
Monitor subscription renewal rates monthly to measure customer loyalty and predict recurring revenue stability.
Cost per Funnel Stage
Cost per Funnel Stage (Funnel Chart with Costs)
Analyze costs at each stage of the conversion funnel to optimize resource allocation and improve ROI.
Profitability by Matter
Compares profit margins for different legal cases to assess financial performance.
Productivity by Attorney
Evaluates attorney output based on work completed and efficiency.
Cost Breakdown by Matter
Visualizes cost distribution for a case, highlighting key expense areas.
CAC by Channel
Compares client acquisition costs across marketing channels for budget optimization.
Resolution Time by Matter Type
Analyzes case resolution speed across different case categories.
Collection Rate by Month
Tracks fee collection success over time, indicating cash flow trends.
Non-Billable Hours Over Time
Shows trends in non-billable work, highlighting administrative burden.
Forecast vs Actual Revenue
Compares projected and actual revenue, assessing forecasting accuracy.
Backlog by Practice Area
Displays unresolved cases across practice areas to monitor workload.
Expenses by Matter
Compares costs across legal matters to identify spending patterns.
Why customers love us (>100 review)
We’ve identified the top five reasons why our clients choose to work with us and continue partnering with us for years.
