It’s
Saturday in Minnesota. Three songbirds are trilling in the leafy
shade as you walk from your car to your law office door in your golf
shirt and jeans. It’s the end of the month and you’ll be in the
office a long time today. The clients have to get invoices if you’re
going to get paid and the family is counting on some summer fun. This
perplexing experience can’t be helped.
The thriving small law firm of Bonnabeau, Salyers,
Stites & Doe (“BSSD”), however, discovered they could control the
process instead. Apparently, the difference was night and day – even
going from losing to gaining sanity.
BSSD is a Minneapolis-based boutique law firm that
drafts, prepares, reviews and negotiates hundreds of information
technology contracts for healthcare, insurance and financial entities
nationwide. BSSD’s former ideation grew to a firm of seven attorneys
after it went to the TimeSolv Website and tested TimeSolv Legal time
and billing early in 2001 for free.
The negative impact of its previous system was sapping
management and profitability. “We would have gone crazy if we hadn’t
changed over,” asserts Bob Doe, who is the current managing partner.
Raymond R. Bonnabeau, the managing partner during the transition,
concurred. “I would have been looking for a bell tower. TimeSolv took a
heck of a lot less time and is invaluable unless you have an
administrative person you just want to keep busy.”
Attorneys like that:
• Time entry is quick and easy
• Can enter
time from anyplace
Managing partners and the first named attorney on the
firm like that TimeSolv:
• Organizes
everything efficiently
• Is easier to
manage
• Centralizes
entries and billing
So dramatically did TimeSolv shave down the task that
Bonnabeau, who used the program for 2 years until his managing partner
days were over, recalls that TimeSolv completed the billing in 1/10th
of the time it had taken before, which would be a decrease of 90%.
What’s interesting is that TimeSolv, on average, saved the managing
partner about half the time, plus about four hours for each other
timekeeper. The difference? In my opinion, pain and suffering. The
previous emotional bog with a tortuous task was so great a cost that
the relief was huge. In general, I find that attorneys recognize the
value of pain and suffering for their clients but often fail to measure
its cost in their own situations. Yes, you can do without streamlining,
but what is it doing to your life and your practice?
Hosted – and Backed Up - Online
The TimeSolv system is hosted online with backups every
five minutes, so data is never lost since it’s managed at a data center
and not on the user’s computer. The system has never been down in the
eight years of use at BSDDA, and has been completely predictable with
real-time updates and tracking missing time. Time and notes can be
entered and accessed from anywhere by all Timekeepers - from the
computer, an iPhone or Blackberry, laptop or from home. It has
administrative access settings, to insure that each individual views
only relevant information.
The steps required to populate the system with clients
and matters didn’t take long, Bonnabeau
said. It takes 20 seconds, if that, to create a new client matter. Give
it a name. Hit save and you’re done, he said. Also,
he said, you don’t have to think up your
own activity descriptions because a list is provided such as
Conference call with client and you can add activities.
Before discovering TimeSolv, each attorney could take a
good half-day on Saturday piecing hours together in Microsoft Word or a
spreadsheet, said Doe. Bonnabeau then would have to cross-reference, do
the math by calculator, crosscheck and check it again if there was a
discrepancy with all those .2s and .9s, and aggregate into one bill. It
could take an hour just to assemble into one bill, he said.
Keep human frailty to a minimum
I’d see five legal conferences on various days. I
would have to look at page 18 and page 27 or whatever to be sure the
legal conference appeared on the same day for each attorney
involved. It was a terrible waste of time, said Bonnabeau.
With
TimeSolv, the activities have been automatically broken out into the
respective client bills. The Legal Conferences are coordinated on the same page next to the same entry. I can make any changes as
necessary, and then all it takes is to hit a print key and the bills
print. That takes a half hour, if that.
“TimeSolv is extremely reliable and keeps getting better
and better with additional functionality. In the last few months, we
have been especially pleased with Spell Check for the Notes section
where attorneys record what they did in that period of time. The person
who then runs the bill isn’t finding spelling errors. It reduces the likelihood
of getting garbage in.
Tracking the firm
Yet, as the first named attorney on the firm, the
biggest advantage to Bonnabeau is the instant overview to track how
everyone is doing rather than a single opportunity each month to
review. Before discovering
TimeSolv we didn’t know a good month from a bad
month. Now at any given moment at any given time, I can log in, see
what everyone is working on and create multiple reports for analysis on
productivity. What clients have been billed? What clients have paid? It’s a quick, easy, useable system. It’s like
electronic access to a bank account rather than a surprise at the end
of the month. If I learn that someone’s billed only 20 hours, I have to ask what’s going on
there so we can react and resolve it before days or weeks pass.
Also,
as a cash basis firm we are taxed on what we’ve received. I can just run those numbers and
give it to the accountant.
As with most processes, adoption is critical. The ease
and efficiencies of using TimeSolv make quick adoption highly probable;
however, as Bob Doe stated, if we had an attorney who did not
record entries regularly, it would seriously impede the efficiencies of
the system to the firm.
Conclusion
Revenues have steadily increased in the time frame the
firm has used TimeSolv Legal and continuing with Excel spreadsheets and
Word documents for time tracking sooner or later would have had a
material impact on the firm. Reconstructing the week was eating time
more fruitfully applied elsewhere. Training is nearly unnecessary. All timekeepers met at one time for 30 minutes
of on-line training in my office, and TimeSolv has always made
available a knowledgeable support person throughout the years, said Bonnabeau. I would recommend
TimeSolv. It’s pretty darn easy. In one half hour, we were set to run
it. You log on to your Internet access. Enter password. Bam. You are there.
Visit the TimeSolv Homepage today and make time and
billing happen for you as automatically as possible. While you are there, make sure to register for a 30-day
free trial at: http://www.timesolv.com or call USA 1-800-715-1284.
Reference
You Manage law News
letter
|