Summary of Data driven pricing & a 360° view of your client work… in minutes

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This YouTube video discusses data-driven pricing and how it can help businesses to change their pricing strategies quickly and easily. The presenter also discusses a 360° view of client work, which is a process whereby businesses can see all of the work that has been done for a particular client and how that work has affected other clients. Finally, the presenter provides a survey for those interested in learning more about either of the products mentioned.

  • 00:00:00 Today's webinar focuses on integrations between two literary products foundation (LPF) and quactemizer, a data-driven pricing solution. The panelists introduce themselves and discuss their experiences with the two tools. Max Palinski, product manager for foundation at LPF, demonstrates how clocktomizer integrates with foundation, and Jolita Caceres, product manager for clocktomizer at LPF, provides a quick demo of how the two tools work together.
  • 00:05:00 This video discusses how data-driven pricing and a 360 degree view of client work can be achieved with the integration of Clocktomizer and Foundation. Clocktomizer allows for the capture of granular insights into client activities and Foundation allows for the analysis of this data. With the integration of these two tools, law firms can quickly and easily identify areas of focus and performance improvement.
  • 00:10:00 This video discusses the benefits of integrating clocktomizer with foundations' matter metadata in order to more accurately price complex litigation. The video also discusses how using comparables drawn from other matters handled by regulatory bodies can help in creating a more accurate budget.
  • 00:15:00 The video discusses how data-driven pricing can help speed up the process of identifying comparables for a client request. It also discusses how granular data tracking can help identify the jurisdiction, department, or governmental entity involved in the request.
  • 00:20:00 The attorney general investigations wanting to know which state is involved or groups of states so it's a lot of that basic information that you think oh it's useful but it's been all over the place now it's centralized and you can filter on it right. Yes, no thank you for that that was i think just really highlights the breadth of information you can use that if you have it in there you can use to locate it so it's it's not just a matter of well these were the same matter types are from the same practice it's you can get as granular as you need to to identify that so.
  • 00:25:00 The speaker discusses how Goodwin uses data to price legal work and how Laterra's support helps minimize lag time between customer questions and responses.
  • 00:30:00 This YouTube video discusses data-driven pricing, which is a process whereby businesses can change their pricing strategies quickly and easily. The presenter also discusses a 360° view of client work, which is a process whereby businesses can see all of the work that has been done for a particular client and how that work has affected other clients. Finally, the presenter provides a survey for those interested in learning more about either of the products mentioned.

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