Today's issue of TL NewsWire covers a centralized tool for passive time capture (see article below), a new iPhone, a new Bluetooth headset, a portable label printer, and a new client relationship management program. Don't miss the next issue.
Centralized Automatic Time Capture for Law Firms
Sometimes it seems like there are more consultants preaching alternative fee arrangements than law firms actually using them. These experts argue that abandoning the billable hour will take you from a BMW to a Maybach. However, most lawyers like their bimmers just fine, and worry that a new business model could backfire, putting them behind the wheel of a Kia. Instead, lawyers seem more interested in technology that improves time capture so that they can earn more money with a proven business model. Even firms that bite the AFA bullet need to track time to make sure they don't lose their monogramed shirt.
Chrometa for Teams … in One Sentence
Launching today, Chrometa for Teams passively captures billable time in a centralized manner.
The Killer Feature
Chrometa wasn't the first company to offer automatic time capture of computer work and telephone calls, but it has iterated its product faster than its forebears.
With Chrometa, timekeepers assign their captured time to clients and matters, and exports or posts these time entries to their firm's accounting system.
Chrometa for Teams gives the "Team Leader" (managing partners and others in management) more centralized control over this process. As Team Leader, you can create uniform clients and matters and keyword filters for everyone to use, review all time by client, matter, and/or timekeeper, reduce or write off time, and approve time entries for posting.
"Whether a firm bills hourly or on a fixed fee basis, they need to know where every minute goes," Chrometa CEO and Co-Founder Brett Owens told us. "Chrometa for Teams takes passive time capture to the next level by enabling managing partners to monitor everyone's work and generate bills faster and more efficiently."
Other Notable Features
Chrometa for Teams offers the same feature set as Chrometa. It captures activities on both Macs and Windows PCs, generate bills, and integrates with a growing number of popular billing systems such as QuickBooks, PCLaw, and Timeslips.
Everyone can securely review their captured time in a web browser from any computer. The Team Leader's dashboard has more advanced analytical tools for slicing and dicing everyone's time records.
What Else Should You Know?
Chrometa for Teams starts at $19 per month with a minimum of five timekeepers. Learn more about Chrometa for Teams.
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