Reporting

Your data contains valuable metrics about your department as well as outside counsel. CT TyMetrix solutions will help you reveal those metrics, and take action on them. Simply implementing an eBilling and matter management system doesn’t allow you to fully realize the potential of your department’s data. CT TyMetrix solutions help you harness that data by translating raw numbers into meaningful metrics. You can then use those metrics to optimize your department’s performance through better financial management, stronger law firm engagement decisions, and more effective strategic planning.

Identify Best Practices and Gauge Performance

With all your department’s data at your fingertips, you’re able to add value to your organization with metrics that identify best practices both with your in-house team and outside counsel. You can compare case cycle times, team concentrations, budgets, risk management profiles, outcome information, and more. This allows you to allocate resources more effectively, and identify those outside firms that bring the most value to your company.

Create Effective, Compelling Reports to Demonstrate Your Department’s Value

Increasingly, you’re called on to provide answers about your department’s processes and business performance. CT TyMetrix puts those answers at your fingertips, providing the most advanced reporting capabilities among all service providers in the legal industry. You’ll create and deliver meaningful reports on everything from case updates to departmental business forecasts. These data-rich reports can offer more context, history, and comparative data to paint a truer picture of your department’s performance and financial value. You’ll answer the tough questions with certainty, provide greater accountability, and enhance the credibility of your department. CT TyMetrix 360° offers robust reporting with matter management, eBilling, performance and financial reports throughout CT TyMetrix 360°.

Decision Support Services

Once your system is in place, our Decision Support Services Team can provide ongoing support and consultative service to help you get the most out of it. They can help you identify areas for additional cost savings, disposition strategies, and reporting metrics.

Active Reporting Engine

Our reporting engine includes active links that allow you to drill down and through the layers in every report. Move beyond a static reporting tool to reveal the cause and effect relationships of your data.

Financial Reports

Quickly and easily determine where your legal dollars are being spent and how the department is managing spend against targets.

• Legal Expense Report
  View top line spend by business sector or any other segment and drill down within each segment to identify spend “drivers.”
• Average Fee and Expense
  Compare the average fee and expense costs by business unit, practice area, vendor, and other segments relevant to your business.
• Budget-to-Actual
  Track budget consumption and charges against budget over time.
• Forecast-to-Actual
  Quickly compare forecasts against underlying matter budgets and actual spend by matter.

Operational Reports

Operational reports are matter management based and provide insight into your case inventory and activities.

• Inventory and Aging
  View matters opened, closed and pending within a designated date range, along with open to closed ratios.
• Matter Activity
  Identify the most recently active matters, the specific activity and the user associated with that activity.
• Inactive Matters
  Track matters without activity over a designated period of time.
• User Activity
  Review login and activity history.

Performance Reports

Performance reports allow you to identify best practices for case handling, billing, and opportunities to reduce costs.

• Fees by Task Phase and Code
  Roll up line item services by UTBMS task phase or code.
• Fees by Activity Code
  Review, segment and analyze activities performed by counsel across selected segments of matters.
• Expenses by Code
  View the distribution of expense dollars across business segments and vendors.
• Fees by Timekeeper Position
  Compare law firm staffing performance by fees, hours, and average rates across matters and law firms.
• Fees by Timekeeper
  View timekeeper billings, rates and hours across business sectors or within a single law firm.

eBilling Reports

Review the efficiencies achieved from CT TyMetrix Invoice Testing Engine and invoice review tools.

• Rejections and Adjustments
  Track reviewer performance for taking adjustments and rejections.
• Flag Analysis
  Review the impact of invoice and line item flags.
• CT TyMetrix Invoice Testing Results
  Review the results generated from the CT TyMetrix Invoice Testing engine, including rejections and flags.