Product Overview of BigSquare Analytics
BigSquare Analytics, now part of Litera’s suite of legal technology solutions, is a comprehensive business intelligence (BI) platform specifically designed for law firms and corporate legal departments. This platform empowers lawyers, firm administrators, and other stakeholders by providing intuitive, real-time access to key metrics and insights, enabling well-informed decision-making.
Key Features and Functionality
Self-Service Business Intelligence
BigSquare offers true self-service BI, allowing users to access and analyze financial data without the need for specialized IT support. This SaaS solution integrates seamlessly with existing systems, including leading time and billing software such as Elite Enterprise, 3E, and Aderant.
Intuitive and Configurable Dashboards
The platform provides persona-driven dashboards that cater to different roles within the firm. These dashboards offer a 360-degree view of the firm’s data, allowing attorneys and firm administrators to track key performance indicators (KPIs), identify opportunities for growth, and make data-backed decisions. The dashboards are highly configurable, enabling firm administrators to tailor custom views and content to specific target audiences.
Core Applications
BigSquare consists of several core applications:
- Attorney Analytics: Provides a one-stop-shop for all firm intelligence needs, allowing attorneys to monitor and manage their books of business. This application is intuitive, visually appealing, and mobile-ready, offering real-time insights into financial metrics.
- Firm Focus: Designed for executives, management, and administration, this application offers deep profitability insights in a waterfall view. It helps stakeholders quickly identify the health and potential opportunities within any segment of the business.
- Matter Management: Enables attorneys to quickly manage client/matter engagements through interactive dashboards. This includes performing “what-if” scenario analyses, better profitability insights, and effective management of inventory, time worked, and other pertinent matter-centric KPIs.
- Partner Performance: Allows partners to dig deeper into their key performance metrics through real-time comparative analysis against peers and goals across various date ranges and attorney profiles.
PowerCube Reporting
BigSquare’s Cube database streamlines data for lightning-fast, multidimensional analysis. This feature empowers users to access top-grade reporting information in a seamless, easy-to-use spreadsheet interface, making data more accessible than ever before.
Cloud-Based and Secure
As a 100% cloud-based solution, BigSquare ensures accessibility from anywhere, promoting a transparent and flexible work environment. The initial implementation is rapid, often taking only months compared to other providers in the market.
Easy Adoption and Accessibility
BigSquare boasts a high adoption rate of over 85% among law firm partners, attributed to its user-friendly interface and ease of use. The platform is designed to be easy enough for attorneys while being powerful enough for firm administration.
Conclusion
In summary, BigSquare Analytics is a powerful and intuitive BI platform that transforms data into actionable, configurable dashboards, empowering law firms to make better financial decisions and drive innovative decision-making across all levels of the organization.