Good Data, Bad Data: A Demo of Umbria Arrangements, Experience and Answers

Track: Technology & Tools

Session Number: 2165
Date: Tue, May 15th, 2018
Time: 1:50 PM - 2:15 PM

Description:

First-class data practices are required to enable law firms to deliver communications clients value and also manage their firms profitably. Clients are demanding increasingly sophisticated, complex fee arrangements; they expect to benefit from their firm’s experience; and, they expect their attorneys to have real-time, meaningful answers to question regarding ongoing matters. 

Law firms are built ‘on’ data--but their system weren’t built ‘for’ it and, therefore, don’t know how to leverage it at the level their clients are demanding. This paradigm needs to change—but how? 

In this session, join Keith Lipman, CEO of Prosperoware, to learn how firms are building first-class data practices with Umbria Arrangements, Umbria Experience and Umbria Answers. Umbria is a data first, enterprise class platform and the industry’s only client value management system that makes firms’ data better and makes it meaningful for the way lawyers need it.

Session Type: Service Provider Demo

Body of Knowledge (BOK) Domain: Client Services, Technology Management
Content Level: Essential
Learning Objective 1: Understand what differentiates a first-class data practice
Learning Objective 2: Differentiate benefits of good data practices, including: predicting the price of matters, making better resourcing decisions, prediction the outcomes of matters, and measuring the business
Learning Objective 3: Differentiate mature market solutions and understand why Umbria is the leading Client Value Management system
Session Type: Service Provider Demo

Body of Knowledge (BOK) Domain: Client Services, Technology Management
Content Level: Essential
Learning Objective 1: Understand what differentiates a first-class data practice
Learning Objective 2: Differentiate benefits of good data practices, including: predicting the price of matters, making better resourcing decisions, prediction the outcomes of matters, and measuring the business
Learning Objective 3: Differentiate mature market solutions and understand why Umbria is the leading Client Value Management system