It’s time for LegalTech New York 2014 – Cost recovery is no longer cost recovery

One of the more interesting areas to brush up on when you visit LegalTech in New York next week are the advances in cost recovery and workflow software. In almost all of our outsourcing and equipment analyses, the blending of the two areas into one unified product are resulting in improved workflow and significant hard dollar savings.

The key questions to ask yourself prior to exploring the workflow/cost recovery vendors at the show include:

  • What do I need and want my workflow software to do?  Do I want to scan directly to email, scan to my document management software, etc.?
  • What do I want to recover on the cost recovery front? Scans, prints, copies? Click here to read about an AmLaw 250 firm that recently initiated cost recovery for prints.  Areas that are on the bubble are facsimile, miscellaneous entries such as postage, etc.

We are pleased that this will be launching the Mattern & Associates Cost Recovery and Workflow Survey in March of this year.  For a decade, now, we have been delivering what is widely recognized as the industry’s most comprehensive snapshot of cost recovery practices.

If you are in the shopping mode for a cost recovery system for your firm at LegalTech, you may want to consider participating in our 2014 Mattern & Associates Cost Recovery and Workflow Survey. This comprehensive survey will tell you what systems are being used, will compare those practices to those of your peers as well as provide you with hard data on what firms are charging versus what they are actually recovering.

If you are interested in participating, please contact Lisa Schneider at lschneider@matternassoc.com.

2018-09-20T01:06:49+00:00