PwC Law Firm Solution

Latest technology. Data-driven insights. Financial expertise.

All at an affordable monthly fee.

Latest technology. Data-driven insights. Financial expertise.

PwC uses the latest technology to optimize your bookkeeping tasks and deliver data-driven insights that can help you run your firm more effectively. You’ll gain new visibility into your operations and finances, driven by business intelligence that uncovers areas of efficiencies and improvement. Using our technology solution allows you to leverage our deep knowledge and expertise around financial practices—optimizing your entire business.

How it works

PwC’s solution consists of two key components: bookkeeping automation and business intelligence.

PwC’s Law Firm Solution uses cloud-enabled technologies and artificial intelligence to quickly and accurately manage your firm’s finances so you can reduce the time spent on administrative tasks and use your time to serve clients and generate revenue.

With an initial assessment, we will provide a complete evaluation of how your firm is performing and identify opportunities for modernizing your back-office in order to reduce expenses. With PwC managing repetitive back-office tasks, you can reduce or reallocate headcount, depending on the needs of your firm.

Services include:

  • Bookkeeping
    Clean-up
    Transaction coding
    Bank or trust account reconciliations
  • Payroll
  • Billing
    Monthly bill generation
    Electronic bill delivery
  • Expense management
    Electronic bill payment
    Electronic expense reports

PwC Law Firm Solution is designed to help you run your law firm by unlocking your own data to identify insights and pillars for improvement. Our solution consists of three areas:

  • Clean, consistent data: PwC automatically gathers your firm’s financial and operational data to build key performance indicators (KPI).
  • Tracking performance: Leveraging our industry expertise, we have tailored KPIs specifically for law firms. PwC calculates performance against these areas using your firm’s financial and business data.
  • Analysis: From the KPI calculation, we use advanced analytics to provide insights and suggested actions to improve your firm’s performance.

We’ll give you a view of your firm by combining data and advanced technology to unlock insights and make intelligent business decisions in areas such as:

  • Expenses: Get a broad and unbiased view of how you’re spending money.
  • Operations: Get a holistic view of your operations, including staffing and billable hours.
  • Billing: Understand the metrics behind the money to determine your actual rates and number of billable hours worked, the percentage of those billable hours that were invoiced and how much money you collect on every dollar owed.

KPIs and business intelligence are our biggest weaknesses. Tracking this data and using it to our advantage is something we don’t do. We are too small to have this but too big not to have this.

– Managing Partner, mid-sized law firm in Georgia

Optimize your operations at an affordable monthly fee

For an affordable monthly fee, you gain access to automated and streamlined processes, data-driven insights and PwC’s financial professionals. Our monthly fee includes all services—we won’t surprise you with extra fees or increased prices as your firm grows and changes throughout the year.

PwC gives small-to-medium size law firms the big law firm advantage

Optimize your firm with technology

PwC professionals will provide a complete assessment of how your firm is performing and identify opportunities for modernizing your back-office in order to reduce expenses, so your staff can focus on generating revenue.

Outsource your bookkeeping

Leveraging cloud-enabled technologies, PwC provides AI-enabled bookkeeping support to manage your firm’s finances so you can use your time to help clients and generate revenue.

Reduce your costs

PwC automates invoicing and financial tasks so you can reduce or reallocate headcount, depending on the needs of your firm. Focus on value-added, billable work instead of back-office tasks.

Track key performance indicators

Get a whole new view of your firm by leveraging data and advanced technology to unlock insights and make intelligent business decisions.

Streamline reporting

Keep track and stay on top of your financial performance with monthly income statements and balance sheets prepared for you by dedicated PwC professionals.

Modernize affordably with competitive pricing

Modernize your back-office and gain insights into better business practices for an affordable monthly cost.

Contact us

T.C. Whittaker

Law Firm Solutions Leader, PwC US

Jonathan Womack

Director, Law Firm Solution, PwC US

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