Deskspace IP Practice Solutions
Deskspace Logo
... ERP Data Integration ... making the difference Contact | Legal
 
    
 
Stunning Competitive advantage for growing IP Law Practice

When the practice started from scratch in 2000 the founder had much experience of expensive and ineffective Time Billing & Accounting systems from his previous partnership in an existing practice.

By installing a Deskspace Integrated Information Software System the founder was able to operate with an efficiency that gave him considerable competitive advantage in establishing his new practice in a traditional market place with a tradition of high support staff ratios.

With an international client base and offices in Central London this firm employs ONE support person per FOUR fee-earners whilst the competition uses up to SEVEN support staff per EACH fee earner.

This stunning competitive advantage in efficiency has enabled the firm to grow to a total of 9 staff by March 2008 with an Deskspace Integrated System at the core of the business, used by every member of staff throughout every day.

If you work in this sector you will know your fee-earner to support staff ratio - for the purpose of this example we have assumed a modest 1 : 3 ratio without Deskspace and a competitive but not extreme reduction in the ratio to 5 : 3, not as great a reduction as in our example described above.

This exemplar deployment provides savings through business efficiencies by:

  • drastically reducing the admin / support staff requirement - 0.6 support staff per fee-earner as opposed to 3 support staff per fee-earner.
  • halving the premises costs since there are far fewer staff requiring accommodation.
  • the reduction in premises costs gives a continuing advantage as these costs for a firm without Deskspace continue to outstrip the leaner more competitive Deskspace powered firm.
  • reducing the senior manager's time spent on administration
  • reducing the consumables cost of what was previously a paper driven business management system - and keeping a very small bit of Brazil green a little longer.

The deployment costs are amortised over 2 years.

The immediate very large savings are clear.

Note: The initial cost of letting go existing support staff and reducing premises size, where applicable, has not been included in this calculation.

In industries where higher levels of senior admin/support staff are required, essentially where complex paper driven management systems require a great deal of time, and attention to detail, to keep them running smoothly, even greater savings levels may be achieved.

See the example of a Typical Business

© This case study is for informational purposes only. DESKSPACE MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS SUMMARY