PLATFORM / LOOPLEX FINANCE
Manage fees, expenses, and billing in the context of each matter. With Assistant and Intelligence, speed up invoice review and understand which developments may trigger billing under the agreed terms.
See Finance in actionIllustrative example with fictional data. Proposed adjustments for the billing owner's assessment.
01 / REVIEW WITH ASSISTANT
A thorough review connects time entries to the work performed, engagement terms, and client instructions. Finance brings this information together and integrates Assistant into pre-bill review.
Compare entries, examine activity descriptions, and identify items that need attention before an invoice is issued. Assistant helps organize the analysis so partners and billing teams can move through reviews more efficiently.
Identify unclear descriptions, potential duplicates, and discrepancies against the rates, limits, and billing criteria agreed with the client. Examine each flag alongside the information supporting the analysis.
Use Assistant to review billing narratives and suggest wording based on the available records. Describe the work performed clearly and consistently with your firm's standards.
Ask questions about an entry, request comparisons, and seek clarification on highlighted issues. The context stays connected to the review as you assess suggestions and guide adjustments.
“Review this client's pre-bill, compare the entries against the agreed terms, and flag anything that needs clarification.”
Your team retains control over adjustments, discounts, and billing approval.
02 / CONTEXT WITH INTELLIGENCE
A ruling, hearing, or settlement can change what the firm is entitled to bill. Understanding that impact means connecting the development to the case history and the fee agreement.
Intelligence supports this interpretation and identifies possible next steps. Assistant helps examine documents and check the applicable terms. In Finance, the team carries the review through to billing.
Intelligence helps clarify what was granted and how it relates to the case. The analysis considers the fee provision tied to that outcome and brings together the information needed to assess billing.
The responsible professional can check the ruling, examine the contractual provision, and validate the financial next step.
Examine the outcome and the scope of the ruling.
Check whether the ruling meets the agreed condition.
Gather the references and refer them to the responsible person.
The hearing's outcome is analyzed using the minutes, settlement terms, and available context. This information is linked to the fee arrangements to help identify applicable fees.
Billing may depend on reaching the settlement, court approval, or receipt of funds, depending on the agreed terms. The team can assess that condition with the relevant documents at hand.
Examine the minutes and settlement terms.
Check whether billing depends on agreement, court approval, or receipt of funds.
Link the documents and validate the applicable condition.
Understand the outcome, check the fee provision, review the basis for the charge, and route billing through your firm's approval process.
03 / FROM ENGAGEMENT TO PAYMENT
Organize financial management around clients, matters, and responsible professionals, from engagement to payment.
Set up hourly fees, fixed fees, recurring engagements, milestone fees, success fees, or hybrid arrangements. Link terms and budgets to the relevant matters.
Bring together time entries, expenses, court costs, and advances. See unbilled work and outstanding items that need action.
Prepare pre-bills, organize reviews, and track invoices, due dates, and payments, preserving the link to the work behind each amount.
Illustrative example with fictional data.
Accounts payable, reimbursements, and cash management complete the financial picture of your operations.
04 / LAW FIRM MANAGEMENT
Track billing, costs, and profitability by matter, client, practice area, and responsible professional. Compare budgets with actuals and identify situations that call for a management decision.
View accumulated time and expenses and identify items awaiting review.
Track the work's progress against the budget.
Examine revenue, costs, and margins to guide portfolio management.
Bring these questions to Assistant to explore the available information and deepen your analysis in the context of your operations.
05 / PART OF THE LOOPLEX PLATFORM
Finance is part of the same environment where your team tracks matters, works with documents, and uses AI.
Intelligence helps interpret developments and their potential effects. Assistant supports analysis and review. Finance connects that work to fee arrangements, billing, and financial performance management.
Understand developments
and their potential effects.
Explore the analysis
and support review.
Organize billing
and track performance.
Adopt Finance to suit your firm's needs, with implementation and configuration aligned to your operations.
SEE IT IN ACTION
Explore the full journey: from time review to analyzing a development that may trigger a fee, through to tracking financial performance.