Bellefield Releases “State of Time Entry in Legal” Infographic

Global News

02
Jun
2016

Editor

Bellefield Systems, LLC, the leader in mobile and anywhere time entry solutions for firms of all sizes, announced the release of a new, first-of-its-kind, infographic depicting the state of time entry in legal from a recent survey focused on time entry in law firms.

The infographic explores the time card as a unit of revenue, central to the financial health of modern law firms.

Themes addressed in the “State of Time Entry in Legal” include:

• How poor timekeeping practices have resulted in time leakage and decreases in revenue at law firms.
• The impact of a firm’s time entry policy.
• Ways to improve revenue through contemporaneous time entry.

“At Bellefield, we are passionate about helping firms create better timekeepers,” said Gabriela Isturiz, President of Bellefield Systems. “We are proud to release ‘The State of Time Entry in Legal,’ bringing awareness to one of the biggest challenges faced by law firms today – revenue, Isturiz continues. “As you will see in the infographic, 95% of today’s firms are leaking time and missing out on revenue. In today’s competitive environment, law firms cannot afford to be in a position of losing revenue due to poor timekeeping practices.”

The “State of Time Entry in Legal” is based on Bellefield’s research, as well as a survey conducted by Legal Vendor Strategies, among firms with 150 plus attorneys, representing almost 100 law firms worldwide.

View the infographic here.