Law Firms Face the Complex Dilemma of Accurately Pricing Services.
Undercharge and money is left on the table; overcharge and clients may become dissatisfied with the perceived value in return. Legal Decoder's Pricing and Compliance Engines organize your firm's billing data to give end-to-end insights to help accurately price your services.
“We believe fee transparency makes the practice of Law better, more value driven, and leads to more desirable outcomes ”
Legal Decoder’s LSA System Enables Firms To:
ACCURATELY PRICE SERVICES AND MANAGE FUTURE BUDGETS
Review past billing data to determine the pricing strategies for the next win and make smarter budget decisions.
CATEGORIZE UNSTRUCTURED DATA
Take your unstructured billing data and categorize it to appropriate tasks with our Pricing Engine or review past performance with our Compliance Engine.
MAINTAIN AND GROW CLIENT RELATIONSHIPS
Keep strong client relationships by showing value to clients with accurate pricing without incurring cost overruns.
Learn more about our Core Technology
Game Changing Intelligence
Client Insights
Find areas of of law where we are most efficient.
Compare actual vs optimal spend by engagement.
Where we delivered consistent value to our clients.
Staffing & Leverage
Operate efficiently and employ the best leverage models.
Billing guidelines become more visible.
Objective review of Associates based on the work they did.
Biz Development & Pricing
Negotiate alternate arrangements with confidence.
Benchmark practice areas that out perform the industry.
Deploy Fact Based Pricing models built at the work product level.
Financial Performance
Improve Workflow, reduce friction and redundancy.
Significantly reducing Partner invoice review time.
Accelerate cashflow with clean invoices that are not disputed.
Our mission is to empower the legal marketplace with tools and actionable data that inspires more accurate, cost-effective, and informed legal spend decisions. We serve outside counsel, corporate legal departments, and third-party fee examiners without bias.
Our Legal Spend Analyzer has a lexicon that attorneys already use to describe their work.