Spotlight delivers critical insights to law firm decision-makers, enabling them to build their profit model through detailed analytics and business intelligence. By incorporating the legacy Redwood™ accrual-based profitability model, Spotlight analytics delivers valuable insights into past performance and provides the detailed analytics necessary to effectively manage and forecast firm profitability. It helps to better understand your business with actionable data and forward-looking analytics, providing a unique understanding of what is happening behind the curtain. Spotlight also helps to easily identify areas of improvement by drilling into multiple data sources and then define the steps for corrective action. Deliver customizable views of performance by matters, individuals, practice areas, offices or across the firm. With a best practice allocation model, and easy-to-use web-based administration tool, Spotlight makes building your profitability model easy to import expense records, FTEs, and standard hours and map ledger accounts.

Features:

• Better Understand Your Business: Actionable data and forward-looking analytics provide unique understanding of what is happening behind the curtain.
• Identify Improvement Opportunities: Easily identify areas of improvement by drilling into multiple data sources and then define the steps for corrective action. Deliver customizable views of performance by matters, individuals, practice areas, offices or across the firm.
• Build the Profit Model: With a best practice allocation model, and easy-to-use web-based administration tool, Spotlight makes building your profitability model easy to import expense records, FTEs, and standard hours and map ledger accounts.