TIQ time tracking round

TIQ Time - automated time tracking for law firms

TIQ Time helps lawyers build complete and consistent time entries with an add-on to your Practice Management System and / or Document Management System. To ensure that filling out a timesheet is as easy as possible for every fee-earner, TIQ Time automatically captures the time spent on activities such as drafting documents, emails, meetings, and other activities. The modern and fast time tracking solution is available via web and mobile.

Why law firms need time tracking automation

Lost billable hours

Cost savingsLawyers often lose billable hours by under reporting time due to memory lapses or overlooking small tasks like brief emails or calls, leading to significant revenue loss for law firms.

Improve billing speed

Time productivityCreate better time entry data and comply with Outside Counsel Guidelines and internal billing standards. Fewer write offs and faster billing processes. 

Predictive input

20240504_bespoke training_Website_100x100Suggested time entries help lawyers spend less time on filling out timesheets, increase productivity and reduce the cost of administrative work. Reduce leakage of billable and non-billable time.

Powerful insights and reports

Efficiency iconPowerful reports help lawyers stay on track with targets, or assist the finance team to perform completeness checks at the months end.  Accessible daily reporting customisable with Microsoft Power BI.

Unlock the power of time tracking automation

custom automation

Automated time capture

To ensure that filling out a timesheet is as easy as possible for every fee-earner, TIQ Time automatically captures the time spent on activities such as drafting documents, emails, meetings, and other activities. A modern and fast solution available on web and mobile.

Narrative Builder

Narrative builder

The use of narrative templates will improve the quality of the time entries and helps your firm comply with Outside Counsel Guidelines and internal billing standards. Improve consistency and quality of time entries with fewer write offs and a faster billing process.

Multilingual

Multilingual solution

Both the TIQ Time interface and the narrative builder functionality are available in English and all European languages. Narratives in all European languages and spellchecks based on matter language.

Comliance

Improve compliance and transparency

TIQ Time improves compliance and transparency with customisable time-tracking reports that meet various client billing guidelines and legal standards. Detailed logs simplify audits, ensuring accurate documentation of billable hours. By providing clear records and comprehensive time data, TIQ Time helps build client trust and reduces billing disputes.

Automated Time Tacking round

TIQ Time's success with automated time tracking

In this product demo of TIQ Time's automated timekeeping solution, CEO Nick Schils discusses how he and his team pivoted to become a legal tech solution, the success they've had in Europe and the traction TIQ Time is gaining as they move into the UK and the US.

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TIQ Time implementation

Any legal tech implementation may fail due to poor user adoption, inadequate training, and lack of proper integration. Generally, if a legal technology product isn't user-friendly or well-integrated with other tools, or if its benefits aren't clear, users may resist adopting it and continue using familiar, less efficient methods.

TIQ Time provides a flexible user friendly time tracking platform enabling law firms to maximise billing capabilities, achieve success and recognise a clear ROI.

The Ascertus solution

At Ascertus we work collaboratively with our vendors and clients alike. This means we work in partnership to:

  • Establish business needs and objectives
  • Review appropriate solutions
  • Build an implementation strategy
  • Develop a bespoke onboarding program
  • Train employees to ensure adoption
  • Provide ongoing support and advice
Everything you need to make a TIQ Time implementation successful.
Ascertus process

Four steps to start your TIQ Time journey

Book a meeting

One of expert consultants will discuss any business pain points and objectives.

Product demo

Based on the initial discovery we will tailor a solution on demo the benefits.

Project scope

Align on timings, budget and project structure, to support the Business Case.

Strategy defined

An in-depth implementation strategy is defined to ensure projects success.

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Time tracking resources

What is the best way to track billable hours?

The best way to track billable hours is to use TIQ Time, an automated time-tracking tool that captures time spent on tasks like emails, meetings, and document review. TIQ Time integrates with existing software, minimises manual entry, and generates detailed, customisable reports that align with client billing guidelines, enhancing accuracy, compliance, and transparency while reducing administrative burdens.

How to calculate billable hours?

To calculate billable hours, start by multiplying the time worked by your hourly rate. However, complications can arise with varying client fees, diverse team rates, and different billing structures. TIQ Time simplifies this process by automatically tracking time spent on tasks and generating customisable reports that account for different rates, client agreements, and team member billing variations, ensuring accurate and efficient billing for all work performed.

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