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How to Prove the Value of a DMS – ROI Based on Hard Data

News

Peter ZverHow do you calculate the return your legal firm will get from investing in a document management system (DMS)? To help with the answer, this article explains how to calculate ROI using ‘hard cost’ savings. 

Framing the issue

The adoption of a Cloud-based document management system makes sense on several levels, but how can you prove that it’s to the firm’s advantage to invest in a DMS before you make that commitment? Typically, firms guesstimate non-billable time (soft costs) via a formula that might look like this: 

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Tiger Eye shortlisted in The Investors In People Awards 2021

UK News

Tiger Eye logoTiger Eye, the leading iManage partner for knowledge and technical expertise, has made the final shortlist for The Investors in People Awards 2021 in the UK Employer of the Year: Silver category.

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Tiger Eye launch Tiger Eye Migration Duo for iManage

UK News

Tiger Eye MD logoTiger Eye, leading iManage Partner for Knowledge and Technical Expertise, have today announced the replacement of their Migration Suite solution for iManage with Migration Duo – a dual-component solution providing both import and export functionality for comprehensive migration management, all accessed through an intuitive interface.

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UK law firm Steele Raymond selects Ascertus to migrate to the iManage Cloud

UK News

iManage logoBournemouth-based, full service commercial law firm, Steele Raymond, has selected Ascertus Limited to help the firm adopt best practice document and email management, with the implementation and support of iManage Work in the cloud.

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Leading Chilean Law Firm, Cariola Díez Pérez-Cotapos, Selects NetDocuments Cloud Platform

USA/Canada News

NetDocuments logoCariola Díez Pérez-Cotapos (Cariola), one of Chile’s leading full-service law firms, has selected NetDocuments, the foundational content management platform for legal professionals for improved productivity, collaboration, security, and mobility.

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Ice Miller Increases Productivity and Efficiency with NetDocuments Cloud Platform

USA/Canada News

NetDocuments logoNetDocuments, the leading cloud content management platform for legal professionals, today announced that Am Law 200-ranked law firm Ice Miller successfully implemented the NetDocuments native cloud platform, replacing its existing, aging, client-server system.

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iManage Reports Cloud Leadership Across Segments and Commanding Market Growth

Global News

iManage logoiManage, the company dedicated to Making Knowledge WorkTM, today announced strong growth in the company’s cloud services business.

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DMSforTeams: a fresh look at using Microsoft 365 as document management system

News

Epona logoThe sharp minds at Epona realize that for information to work for you, it needs liberty. It needs freedom. No lock-in from another 3rd party vendor database in the cloud. Employees need to be able to access content through applications they know and love natively.

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iManage Closing Folders Extends Integration with DocuSign eSignature to Enhance Security and Authentication in Legal Transactions

Global News

iManage logoiManage, the company dedicated to Making Knowledge WorkTM, today announced new digital signature capabilities for iManage Closing Folders that continue to modernise the management and governance of agreements in the cloud.

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iManage Experts to Present at ILTACON 2021

Global News

iManage logoiManage, the company dedicated to Making Knowledge WorkTM, today announces its participation in the International Legal Technology Association’s (ILTA) annual conference, ILTACON 2021 to be held August 22-26 at the Mandalay Bay Resort and Casino, Las Vegas, NV.

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