Practice Matter Management Explained
In order to successfully and efficiently manage the lifecycle of a legal case, legal professionals use systems, processes, and instruments collectively referred to as “matter management.” From client intake and case assignment through document management, financial tracking, and reporting, it covers a broad range of tasks.
In order to help legal practitioners stay on top of deadlines, connect with clients and colleagues, and access key information quickly and simply, matter management aims to provide a centralised platform for organising and managing all parts of a legal matter.
Steps of Matter Management: Streamlining Your Legal Processes
- Intake: This involves the process of capturing new matter information, including client data and matter details.
- Assignment and Allocation: This involves assigning the matter to the right lawyer or legal team based on the firm’s expertise and resource availability.
- Matter Planning: This involves establishing clear goals and objectives for the matter.
- Document Management: This involves the creation, storage, and retrieval of legal documents related to the matter.
- Billing and Invoicing: This involves tracking time and expenses associated with the matter and generating invoices for clients.
- Case/Matter Monitoring: This involves tracking the progress of the matter, including deadlines, court dates, and other critical events.
- Communication Management: This involves managing communication between all parties involved in the matter, including clients, opposing counsel, and co-counsel.
- Knowledge Management: This involves capturing and sharing knowledge and best practices within the firm to improve matter management processes.
- Reporting and Analytics: This involves generating reports and analytics on matter performance and tracking key performance indicators (KPIs) to continuously improve the matter management process.