Major Shifts in Law Firm and Professional Services Companies Drive Need to Address Their Time and Billing Systems
HOUSTON, Feb. 9 /PRNewswire/ -- Rafte & Company, a leading provider of business and technology consulting services for law firms and other professional services firms, is seeing major shifts in doing business, including: alternative billing practices, corporate-client demands for tighter cost report and controls and distributed or remote team collaboration. These shifts are driving the need to readdress if a firm's current time and billing system is meeting their needs.
"We have been working with law firms and professional services companies for more than 25 years, and I would have to say that our clients are currently experiencing the most significant shift in business practices over the last two decades. Bottom line, corporate-clients are under pressure to control costs, especially as we navigate this economic downturn," said Dena Rafte, president and CEO of Rafte & Company. "We are helping our clients take a deep breath and help them pragmatically align a time and billing system that meets both the firm's and client's requirements," she stated.
Rafte & Company takes a vendor-neutral approach to reviewing a firm's time and billing processes and software system. "We often find that many firms can continue using the same time and billing system that they have in place today, the system just needs to be fine-tuned to mirror their current business practices. The most significant improvement is the common overall profitability increase, as a result of capturing the right time and billing processes to the right time and billing system," she continued.
About Rafte & Company
Established in 1983 with headquarters in Houston, Texas; Rafte & Company specializes in designing, implementing and managing strategic business and technology consulting solutions, remote collaboration systems, document management software solutions, legal software support, IT design and management services. To inquire about Rafte & Company's time and billing assessment services, please call toll-free at (800) 396-9390 or contact Rafte & Company through their website at www.rafte.com/contact .
SOURCE Rafte & Company
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