Page 13 - NC Triangle Vol 7 No 3

Legal Innovators
myFirmData
BY BOB FRIEDMAN
SPONSORED BY LAWYERS MUTUAL
myFirmData presented its product at the 2018 Clio Conference as one of the top ve nalists in the contest. “While we didn’t win, we found out that there was de nitely a need for this product and people were excited
PEGEEN TURNER
“about it.”
myFirmData might be based
in Raleigh, NC, but the prod- uct was born in New Orleans,” said co-founder Pegeen Turner,
a Raleigh-based legal technology con- sultant.
During the 2017 Clio Conference in New Orleans, the company an- nounced a Launch//Code contest to look for new innovations in legal tech- nology. A cash prize of $100,000 was o ered to the winner. Clio is the lead- ing legal cloud-based practice manage- ment platform.
“I was in the audience and knew immediately what was needed, a cus- tom reporting tool for Clio and other cloud-based practice management products,” Pegeen told her husband, Dave Turner, who was with her at the conference. “We realized that he had previous experience in this exact area. By the time we landed back in Raleigh, we had a rough design of the product,”
myFirmData presented its product at the 2018 Clio Conference as one of the top ve nalists in the contest. “While we didn’t win, we found out that there was de nitely a need for this product and people were excited about it.”
Simple Effective and Affordable
myFirmData set out to create a product that was simple, e ective, and a ordable. eir rst product, myFirmData Lite allows customers to create their own reports using the last 18 months of data from their Clio account, including their custom elds. eir new product, an app that runs on your desktop, allows rms to run reports using all their data. is new product will start in beta this summer.
“ ese custom reports allow rms to improve their businesses by using data and not intuition to run their rms. Reporting with current cloud- based practice management systems is fairly limited. We allow rms to cre- ate their own reports, save them, run them on demand, and export them to Excel for further analysis. is allows rms to create and use metrics and Key Performance Indicators (KPIs) to run their businesses more e ectively,” said Turner.
Part of the Solution
While this product works well for smaller rms, myFirmData is now working on expanding the product to meet the needs of larger rms and dif- ferent practice management systems. e company will expand the new
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product to include all the rm’s data, going back over 10 years to Clio’s in- ception as well as targeting di erent cloud-based practice management systems. eir next target is another cloud-based practice management sys- tem, Practice Panther.
“We will also be expanding the current dashboard to include critical information at a glance and KPIs. A picture is worth a thousand words, and constantly updated charts and graphs make it simple to see your rm’s per- formance and make changes based on data,” said Turner.
Turner said her company is working directly with Clio and its sales team to market through its online App Direc- tory. myFirmData is also o ering its product through social media and has training videos available through You- Tube.
“What started as a Launch//Code entry has turned into a growing prod- uct, and we could not be happier,” said Turner. “I have said for years that law- yers need data to run their businesses better, and it’s great to be able to be part of the solution.”
myFirmData
[email protected] www.myFirmData.com (919) 675-1986
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