Forecast matter costs more accurately
If budgeting for upcoming matters or value-based billing arrangements is a real challenge, then Huron Legal's tool, Sky Analytics, is your solution. The user-friendly interface allows you to instantly draw upon your past matters or access the tool's deep matter database to accurately gauge pricing metrics.
Understanding the past is the key to predicting the future
The first step to budgeting upcoming matters is having a better understanding of past matters. Using the tool’s Matter Scorecards, you get a clear picture of each of your company’s matters – both present and past. From cost and duration benchmarking to staffing, you’ll gain a firmer grasp on your matter dynamics, which will translate into more confident forecasting.
Deep and unique matter benchmarking
Draw upon the tool's deep database of hundreds of thousands of matters across a wide range of industries and practice areas to benchmark total matter cost, phase costs, duration, rates, and much more.
Move beyond the billable hour
There is a lot of discussion around moving from hourly billing toward value-based billing, yet there are very few tools to help law departments more accurately price alternative fee arrangements. Huron Legal's Sky Analytics tool presents matter benchmarking data in easy-to-understand graphics so you can clearly develop pricing models that will fit your company's pricing strategy.