Rippe & Kingston, a leading provider of financial and practice management solutions for law firms, continues to drive innovation in the legal industry with the release of a new mobile application that makes it easy to accurately track hours and maximize revenue, giving legal professionals the freedom to focus on what matters most – their clients and practice.
In order to succeed in today’s legal marketplace, law firms can’t rely solely on the information presented through a single income statement to advance their bottom line. Instead, firm management must take a comprehensive look at the multiple components that account for the firm’s overall revenue generation. Incorporating a thorough profitability analysis into your law firm’s end-of-year to-do list is essential in driving the business of your practice forward.
When was the last time your law firm ran a complete audit for all its billing rates? How confident are you that your rate selections accurately reflect the appropriate amount for each attorney, staff member, client and/or matter? Advance your firm’s bottom line in 2020 by starting the rate auditing process now.
Here’s food for thought: the end of 2019 – and this decade – is right around the corner. How prepared is your law firm to take on the new year?
One of the most commonly discussed topics in today’s technology is “the cloud,” however, it is also one of the slowest to be adopted and utilized by the legal industry – but, why?
ORLANDO, FL – A platinum sponsor of ILTACON 2019, Rippe & Kingston representatives from across the country joined forces in sunny Orlando to present the future of legal tech with industry professionals and exhibit the ways our Legal Management System (LMS) can alleviate routine challenges for law practice operations.Read More
CINCINNATI, OH (July 16, 2019) – Rippe & Kingston, the fastest growing legal tech community in the United States, recently welcomed Steve Crossman to its team as vice president of sales.
As vice president of sales, Crossman will oversee Rippe & Kingston’s overall revenue plan and execution by building a vision for its sales force that seamlessly meshes and strengthens its clients’ technology strategies. “We want to deliver tools that our user community cannot envision working without,” said Crossman. “Our approach will be to listen, respond and deliver the services and functionalities that will satisfy our clients’ needs for years to come.”Read More
CINCINNATI, OH (June 19, 2019) – Rippe & Kingston, the fastest-growing legal tech community in the U.S., recently welcomed Donald Schule to its leadership team as its new chief operating officer (COO).
As COO, Schule will lead the firm’s transformation to a SaaS operating model, significantly improving the client experience spectrum from onboarding to long-term customer care. He will be responsible for empowering a 40,000+ user community to promote customer success and assist in innovating for the future. He will also oversee all customer experience, customer success, fulfillment, account management, conversions, installations and help desk personnel.Read More
CINCINNATI, OH (Mar. 26, 2019) – Under new leadership since October, Rippe & Kingston, a leading provider of financial and practice management software for law firms in the U.S., has announced several additional changes to its c-suite and senior leadership team to support the company’s rapid growth and renewed focus as an advanced technology provider. Newcomers include Sarah Huber, chief financial officer (CFO); Thomas S. Shore, chief technology officer (CTO); and Ginny Schumacher, vice president of marketing.Read More
Rippe & Kingston and Iridium Technology have announced a strategic partnership to provide advanced financial insights for firms running the Rippe & Kingston Legal Management System (LMS). As mid-size law firms go head to head with large global firms, they need to have a clear line of sight into pricing and profitability. Through this partnership, the Iridium BI platform will power these insights on top of the Rippe & Kingston legal management system. The companies will collaborate to deliver high-performance BI dashboards for Rippe & Kingston clients, allowing them to improve financial analysis capabilities and enabling their law firm professionals to measure and manage key performance indicators. All Iridium BI modules will be made available to Rippe & Kingston clients: Revenue, Profitability, GL+Expense, and Matter Budgeting/Tracking. Both cloud deployment and on-premise deployment will be fully supported.Read More
Using key performance indicators (KPIs) to measure the success of your law firm can help identify what is working well, and help guide strategic decisions for the future. However, a shocking number of law firms don’t use any performance metrics beyond measuring and tracking the hours billed at the attorney and firm levels.Read More
Law firm financial management systems offer a number of benefits to the firms and people who use them on a day-to-day basis. In addition to improving security and privacy, being environmentally-friendly by going paperless, and increasing efficiency, financial management systems offer benefits that are harder to quantify but just as valuable.
By providing users the ability to gain powerful insights from real-time data, your financial management system can help your firm reach both its short-term and longer-term goals by being adaptable, flexible, and accessible.Read More
Whether your law firm is a one-person operation or employs hundreds of partners, associate attorneys, paralegals and assistants, generating reports on spreadsheets is not only time-consuming it’s inefficient and can lead to redundancies and loss of profits. While some attorneys cling to spreadsheets claiming they’re saving the firm money, using Excel and other desktop-based tools may end up costing a lot more in the long run.
We’ve highlight four of the biggest reasons law firms should implement and use a legal management system with built in business intelligence tools to streamline your financial reporting process and help you gain a more accurate picture of your firm’s growth.Read More
Implementing a legal management system for your law firm can provide a wealth of benefits to partners, administrative professionals, and everyone within the firm. Unfortunately, there isn’t a conventional standard for what functionality is included in a legal management system; some systems simply offer financial management tools, others include modules for client record-keeping, billing and more.
One of the benefits some top law firm enterprise software solutions provide is the ability to generate real-time, dynamic reports. By reporting and analyzing the business intelligence metrics your firm is already capturing, you’ll be squarely in the driver’s seat to make meaningful course corrections that can help your firm reach its goals.Read More
“I don’t care how our firm is doing,” said no law firm partner, ever. Law firms are in business to help clients with their legal needs, but you’re also in business to make money and be successful. But if you are not looking at the right metrics to measure your success, you may find it difficult to reach your goals.
When you have a comprehensive view of your firm and its key performance indicators (KPIs) at your fingertips, you can help steer your firm in the right direction.Read More