Which of your practice groups has the highest realization rate? Is the percentage of time written off for associate work rising or falling? And most importantly, is your revenue cycle cruising along or stalled out?
Modern law firms run on data. Managing partners, executive committees, and other leaders need reports on the big picture. Timekeepers need reports on their progress. The back office needs reports to keep financials on track. (And if you’re the one running all of those reports, you need a platform that’s flexible, accurate, and easy to use.)
Orion’s reports keep your firm humming
Orion reports enable informed choices in every part of the firm, including:
- Financial decisions. Get a full suite of financial reports like ledgers, accounts payable, client billing, and accounts receivable.
- Collections efforts. Orion has common reports, like aging accounts receivable (AR) and work in progress (WIP), and special tools, like the Investment report. It shows WIP and AR netted by retainer and/or trust balances so you can find overlooked time entries and bill them.
- Talent management. Quantitative data, like productivity and realization reports, complements qualitative assessments like annual reviews and upward reviews. With the full picture at hand, you can make better talent-related decisions.
- Strategic planning. Do your flat rates cover the effort expended? Is your firm leaking money because client advances are being written off too often? Use specialized reports to look under the hood before making major strategy decisions.
Explore 75+ built-in reports
Orion’s curated library of reports is always evolving to keep pace with legal industry changes. You can tailor standard reports by:
- Sorting (e.g., by timekeeper, client, matter).
- Filtering to see only the information you need.
- Hiding irrelevant or sensitive information.
- Setting custom date ranges.
For instance, you could run a report listing all attorneys in your Atlanta office who worked on estate planning matters last quarter. You can also make stylistic changes that have a big impact, like using red text for realization rates below your targets.
Reports can be formatted as PDFs or as raw data for Microsoft Excel or Access. Some reports, like Aging AR, can email each timekeeper’s data to them.
Liberate yourself from workarounds with custom reports
Your law firm is unique, and sometimes a standard report won’t work. Orion typically builds several custom reports for firms during initial implementation. As your needs shift, you can add more custom reports.
For instance, recently a firm needed a special report on attorney productivity. Orion experts created a template that displays each attorney’s stats in a single row, with month-to-date and year-to-date numbers on:
- Working attorney totals: Hours worked, billed, and effective rates.
- Responsible attorney totals: Total billed, adjustments, and percentage realized.
- Collections totals by role: working, responsible, and originating.
Dashboards? Interactive reports? We do that, too.
If you want to explore new ways to communicate data, consider Orion Visual Analytics. It offers real-time business intelligence and powerful visual displays. Learn more on our blog.
Your partner in the quest for data
As an Orion customer, you’re never on your own. Our support experts listen to your goals, help you select the reports you need, explain how they’ll help, and even suggest how often to run them. Your success is our business.
Ready to learn more about Orion reporting? Schedule a free product tour today.