The usual year-end collections rush is underway. You’re making big plans for next year’s profitability and growth. But do you have the insights you need to keep your law firm on target?
Orion’s powerful reporting and visual analytics features can help you turn projections into revenue. Read on for an overview of the tools and three ways they can help your law firm thrive.
What law firm reports does Orion offer?
Orion comes with an extensive collection of reports that help you make better decisions about finances, collections, talent management, and strategic direction. Its 75+ built-in reports include law firm essentials like:
- Ledgers, accounts payable, in-progress billing, and accounts receivable
- Aging accounts receivable and aging work in progress
- Productivity and realization reports for timekeepers
- Profitability reports for a wide range of fee structures
The report library is continually constantly updated with new reports so your firm can stay ahead. Popular special reports help you find overlooked time entries and bill them, make more informed compensation decisions, and understand profitability factors.
Users can easily customize existing reports by sorting, filtering, and using styles to highlight important information. You can also create new reports to meet unique needs, whether working with Orion staff or using your own in-house resources.
This article offers more details about Orion reports.
What is Orion Visual Analytics (OVA)?
Orion’s reports display information in PDF or produce raw data that is exported to Microsoft Excel or Access. OVA supplements static reports with dynamic, real-time dashboards.
Dashboards show all the data that’s most important to you at a glance, so it’s easier to track trends and discover patterns that enable you to act more effectively. You can click on any dashboard item to get more details. You can also cross-reference insights to get more clarity, like finding out if a practice’s challenges are consistent across offices.
OVA can also automate complex custom reporting to solve efficiency problems. You can learn more about OVA in this article.
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How reports and visualizations can help your firm thrive
Orion gives you the data you need, when you need it, plus fast, friendly support from Orion’s law firm experts. Below are three use cases for enhancing profitability with reports and dashboards.
1. Grow profitability with data-backed rates
To set rates that accurately balance profitability and market factors, law firm leaders need hard data. Orion reports can help you evaluate how current rates impact your profitability for hourly and alternative fee matters. For example, the Net Realization Report shows true billable rates, taking into account write ups, write downs, credits, and write offs.
Orion tip: If you’ll be adjusting rates this year, you can set up the new rates in Orion ahead of time. The new rates will be automatically applied to fee entries created after the effective date you set.
2. Boost revenue, protect billable time with consistent collections
If you leave the bulk of collections work until year-end, you might be hurting your compensation and the firm’s cash flow. The December collections rush can create more pressure to write down time, and bills can be harder to collect after a long delay.
By checking collections reports/dashboards monthly, partners and accounting staff can spread work throughout the year and collect faster (and potentially more overall). The Aging AR report is easy to customize, so that you only see the information you need to collect efficiently.
Orion tip: Partners and accounting staff can also use the Orion’s AR Collection Manager to automate aspects of collections. You retain control over the process and client interactions, while saving time on repetitive tasks that can waste otherwise billable time.
3. Course-correct early with real-time dashboards
When timekeepers have to guess about their performance, they are more likely to miss their targets. By offering self-service insights, firm leaders empower timekeepers to self-correct in the middle of a reporting period so they hit targets more often.
Orion includes visual performance dashboards for timekeepers that cover metrics like billables, receivables, and WIP. Firm leaders can restrict sensitive data as needed with security settings. You can also use OVA to create dashboards that track the performance indicators you choose.
Orion tip: Find “lost” WIP by running the Investment report (WIP and AR netted by retainer and/or trust balances) periodically.
Boost profitability in 2026 with better business insights
You’ve invested time and talent in strategic planning. Make sure you realize the value of your investment by giving your firm the tools needed to implement that strategy. Orion is your complete solution for a thriving 2026. Sign up for a demo today.