Overview

BigHand Impact Analytics is an AI-powered timecard analysis solution tailored for law firms and corporate legal departments. It transforms vast amounts of billing and time-tracking data into clear, actionable insights that help optimize financial performance, improve data accuracy, and advance Diversity, Equity, and Inclusion (DEI) goals. By analyzing trends over multiple years and across different practice areas, teams, and clients, the platform identifies inefficiencies in time recording, uncovers opportunities to better allocate resources, and supports strategic staffing decisions. This results in streamlined billing processes, enhanced career development pathways for legal professionals, and meaningful progress toward equitable workplace practices.

Features and Capabilities

• Multi-Year Analysis: Analyze billing and timecard data spanning multiple years to uncover long-term trends, performance shifts, and areas requiring improvement across practice groups, teams, and clients.
• Customizable Dashboards: Utilize flexible, user-configurable dashboards that visualize key metrics including financial performance, data integrity, and Diversity, Equity, and Inclusion (DEI) statistics, enabling targeted decision-making.
• Staffing Recommendations: Leverage AI-driven insights to receive actionable staffing suggestions that optimize team efficiency, balance workloads, and promote employee career satisfaction and growth.
• Engagement Analysis: Perform detailed examinations of specific client matters, assessing scope, unit costs, staffing allocations, and resource utilization to improve profitability and service delivery.
• Data Quality Improvement: Detect inconsistencies and gaps in time recording practices, facilitating corrective actions to ensure higher data accuracy, completeness, and reliability for better reporting.
• DEI Support: Use comprehensive data to support and track DEI initiatives, ensuring equitable assignment of career-advancing work and fostering an inclusive workplace environment.
• Integration with Matter Pricing: Seamlessly connect with matter pricing systems to enrich pricing strategies using historical timecard and billing data for more informed and competitive decision-making.
• Cloud-Based Accessibility: Benefit from a secure, cloud-hosted platform that enables remote access and scalability, supporting flexible working arrangements for legal teams anywhere.
• User-Friendly Interface: Designed with legal professionals in mind, the interface is intuitive and easy to navigate, requiring minimal training regardless of the user’s technological background.