Do you know if you’re making money on your matters? Tracking performance and profitability can seem like an impossible task for a busy small business owner. The performance tracking in Smokeball takes into account all staff’s time and activities and gives you an accurate view of profitability, even if you charge fixed fees.
Fixed-fee businesses can now see where time is being spent and the true cost of performing the work for each client. Our dashboards give you incredible insights into the actual amount of work you and your staff are performing for each client.
Over time you will see which clients and practice areas are the most profitable. Learn where you need to increase focus on specific areas or clients.
Fixed-fee businesses can now see where time is being spent and the true cost of performing the work for each client. Our dashboards give you incredible insights into the actual amount of work you and your staff are performing for each client.
Over time you will see which clients and practice areas are the most profitable. Learn where you need to increase focus on specific areas or clients.
Performance Profitability Tracking
The Profitability Tracking built into Smokeball empowers your firm to understand profitability per matter type, per staff member, per client, and particularly helps fixed fee firms set fees. Enter each staff member’s annual cost into Smokeball and the software will then provide a time spent vs fees billed analysis for every fee earner on every matter. The profitability tracking in Smokeball gives small law firms unprecedented insights into where you are making money and where you’re not, giving you the information to make key decisions about your business.
The Profitability Tracking built into Smokeball empowers your firm to understand profitability per matter type, per staff member, per client, and particularly helps fixed fee firms set fees. Enter each staff member’s annual cost into Smokeball and the software will then provide a time spent vs fees billed analysis for every fee earner on every matter. The profitability tracking in Smokeball gives small law firms unprecedented insights into where you are making money and where you’re not, giving you the information to make key decisions about your business.
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Make data-driven decision-making and reach new levels of success.
You deserve the same data-driven analytics that other businesses get each day, which is why Smokeball provides all the information you need to generate and track goals in one place with Firm Insights. From matter-type profitability to referral revenue, see how your firm actually performs in real time. Don’t make decisions about your firm based on feel. Use all the data that Smokeball provides on your clients and matters to make educated decisions and know exactly what challenges and opportunities are around the corner. Firm Insights dashboards provide tailored area-of-law data that matters to your practice and enables you to run your law firm like the small business it is. |
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The Firm Insights dashboards provide flexible views of data in a way that is beneficial to your practice.
Profit is a tangible number that can be tracked on every matter you and your staff touch. Smokeball’s Firm Insights profit dashboards interact with Smokeball’s automatic lawyer time tracking software to feed you up-to-the-minute profitability details. Know how much time a matter is taking your staff and whether that means efficiency and more money in your pocket. Whether you work within a billable hour, fixed fee, or contingency structure, Smokeball’s Firm Insights will deliver a profitability analysis to assure you what you do is literally paying off. Get detailed breakdowns of new business, referral sources, time spent, and area-of-law-specific data. These captured analytics, powered with Smokeball legal billing software, will give you insights into your business you’ve never seen before. |
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Find Missing Time.
Our clients report that they’ve been able to capture missing activities such as calls, tasks, legal document assembly and law firm email management with Smokeball’s attorney time-tracking software. By tracking and capturing all these activities, Smokeball is able to give you incredible insights into the actual amount of work you and you staff are performing for each client. |
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See the Profit
Over time, you will see which clients and practice areas are the most profitable for you. Learn where you need to adjust your fees or perhaps increase focus on specific practice areas. Smokeball visual dashboards make it easy to understand each staff member’s volume of work on an individual matter; that includes attorneys, paralegals, and assistants. |
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Fixing the Fixed Fee
Don’t bill by the hour or capture your time? Fixed-fee law firms can now see where time is being spent and the true cost of performing the work for each client. Don’t overwork your staff on matters that simply are not paying off. Counsel your fixed-fee clients and manage their expectations based on real data from Firm Insights. Also, learn from past fixed-fee data to smartly staff similar matters moving forward. Whether its staffing adjustments or actual adjustments to your fixed fees, let Firm Insights help navigate this difficult territory. |
See what our clients have to say
"Smokeball also has the capacity to make your business more profitable with its Profitability Reporting. Now we can see if we’re making money on our matters. Before tracking our performance and profitability was a hard task for our busy firm. I am now finding it to be user-friendly and simple to understand - the reporting within Smokeball is far more meaningful than other programs."
Debbie Brown - Icon Legal - QLD
Debbie Brown - Icon Legal - QLD
