Data solutions for Legal Organisations

Planning, Budgeting and Forecasting

In today’s world, it is important that Legal Firms can effectively plan, budget and forecast. Many still rely on spreadsheets, which can be tricky to use and don’t necessarily meet the needs of their organisation.

We have experience of working with finance teams who have previously spent an inordinate amount of time in manual, spreadsheet-based processes – collecting, consolidating and validating data. This often leaves them unable to deliver plans, budgets, forecasts, reports, and value-added analysis due to time restraints. These time related pressures can lead to budgets or forecasts being submitted without the level of scrutiny and verification required by their organisation.

Simpson Associates offers solutions to Legal Firms that provide a clear line of sight, enabling you to understand and to guide business performance. Reducing the manual nature of many current planning processes results in greater accuracy and time for analysis and adjustments, providing greater control and insight.

Predictive Analytics

Many legal firms are now using Machine Learning and AI to predict fraud, case outcomes and budgets.

AI and Predictive Analytics can take data and facts from briefs, research, case law, or other legal documents including your firm’s financial data, to analyse and predict outcomes. It has the power to, enable better access to legal outcomes and allow for more transparent results.

Simpson Associates has the skill and expertise your take your firm to the next level, using Predictive Analytics and AI to predict outcomes with confidence. We can save your firm valuable time and resources, and help you get more from your data to drive revenue and gain the confidence needed for more effective decision-making.

Master Data Management

Getting data right is fundamental to many Legal Firms. Especially if you are looking to adopt the new wave of coming technologies, like Artificial Intelligence or the Internet of Things.

Simpson Associates can help your firm get data management right, and fast. With our expertise, your business can generate applications that combine data integration, data quality, and master data management. Deliver information from one single trusted source, hosted in the cloud or on premise.

Data Warehousing

Legal Firms can collect huge amounts of data from numerous sources. Creating a master Data Warehouse enables your firm to connect with various systems to provide more granular and sophisticated analysis. This includes: ROI, client conversion rate, realisation rates, and growth strategies.

The emergence of larger, higher velocity and perhaps more unstructured data sources from the Internet or the Internet of Things is creating new demand from our customers. We’re being engaged to deliver an extended logical Data Warehouse architecture to support the data analytics software that is now emerging. The result is that these organisations will have the benefit of a centralised data repository, as well as an architecture that allows for agile discovery and analysis work to test new ideas, assimilate new data sources, and perform new analysis.

Simpson Associates, build enterprise Data Warehouses for many of our customers, to provide a single window for their business management information and key performance indicators used as their trusted foundation for business decision making.