Fintech Fintech Startups News

Legal Tech Company GrowPath Announces Business Analytics Solution

Legal Tech Company GrowPath Announces Business Analytics Solution

Legal technology startup GrowPath has released a stand-alone business analytics offering called GrowPath Insight. The offering is an effort to support users of legal case management software without included business reporting.

Types of reports generated by GrowPath Insight as well as their layouts are completely customizable. A few examples of reports that can be produced through GrowPath Insight include Settlement Histories, Employee Workload Comparisons, Revenue Projections, Case Resolutions by Fee or Speed, and a Client Demographics Breakdown.

Read More: Simple Announces Launch of Tax Refund Feature to Automate Savings for Customers

Firms using server-based tech have been increasingly seeking out cloud-based solutions such as GrowPath to assist in navigating the transition to remote workforces. A tool like Insight allows  for an accurate evaluation of attorney and paralegal productivity while employees continue to work safely from home. But Insight offers much more value than that, according to GrowPath CEO Tara Williams.

For many firms, advertising is the primary driver of client leads and intakes. For these types of firms, states Williams, “there is no longer any need to guess or rely on vendor data.” Marketing spend can be evaluated by channel, area, cost of advertisement, and even time of day. “Firm managers can now monitor their precise return on investment.”

In addition to their functionality, GrowPath Insight reports are designed to be both visually appealing and highly interactive. Dynamic filters are activated or deactivated by clicking on a segment of a color-coded chart or graph. According to Williams, Insight is aimed at allowing “all law firm managers to explore and engage with their data in a simple, beautiful, and secure environment.”

Read More: Fintech Europe Selects Ten Startups for its Fifth Batch

Related posts

Inszone Insurance Services Announces the Acquisition of Caleb Insurance and Financial Services

Fintech News Desk

KKR Forms Strategic Alliance with Loop Capital to Offer Equity Research and Distribution Capabilities

Fintech News Desk

Sequoir Announces Integration With Jack Henry’s Digital Banking Platform

Fintech News Desk
1