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Legal firms are often burdened with processes that are manual, paper intensive and often require double data entry which can negatively impact client services. The iOctane approach coupled with Metastorm's marketing leading technology automate the people-intensive and paper-based processes that divert employees from their higher-value activities, so they can do more in less time and with fewer resources. Based on our experience with 3 top Australian and New Zealand law firms iOctane has delivered substantial efficiencies and reduced costs while facilitating superior client service. The iOctane Approach - Faster review and approval of new business including facilitation of conflict of interest resolution
- Effective collaboration on matters between partners, legal counsel, assistants and finance personnel
- Incorporation of industry and firm best practices into the new business process
- Implementation of ‘ethical firewalls’ in the conflicts clearing process – sensitive firm and client information is securely accessed
- Ability to track each step within any process and retain a history of activity for audit and control purposes
- Reduce administrative costs and time wasted on redundant data entry.
Attachments:
| File | Description | File size |
Legal Sector Executive Briefing | Law firms in 2009 are under financial stress. This Executive Briefing explores the issues and opportunities available in 2009. | 343 Kb |
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