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Time Matters Software: Comprehensive Review for Law Firms

Written by Santiago Poli on Nov 08, 2023

Most law firms would agree that effectively managing time and tasks is critical, yet incredibly challenging.

Time Matters software aims to maximize law firm efficiency with comprehensive features for docketing, time tracking, billing, accounting, task management, and more.

This review will provide a detailed overview of Time Matters' capabilities and benefits for law firms, along with pricing options, implementation resources, and ideal firm sizes for adoption.Utilizing bold and italic formatting, key insights are shared to inform legal professionals considering this software.

Introducing Time Matters Software

Time Matters is a robust legal practice management software designed specifically for law firms of all sizes. Here is an overview of its key capabilities:

Comprehensive Features

Time Matters provides a complete suite of tools to manage key aspects of a law practice:

  • Case and Matter Management: Centralized database to track matter details, deadlines, documents, tasks, events, etc.
  • Time Tracking: Precise time entry to record billable and non-billable time by matter.
  • Billing: Flexible invoice creation, payment tracking and trust accounting.
  • Document Management: Organize, store and share documents securely in centralized database.
  • Calendaring and Docketing: Schedule events, court dates, deadlines with reminders.
  • Task Management: Assign and track tasks to staff and monitor progress.
  • Reporting: Pre-built and custom reports on time, billing, productivity etc.

Benefits for Law Firms

With robust features tailored to legal workflows, Time Matters offers many benefits:

  • Enhanced Productivity: Streamlined processes, task delegation and alerts boost efficiency.
  • Improved Profits: Accurate time capture increases billable hours and collections.
  • Reduced Risk: Calendar reminders and checklists prevent missed deadlines.
  • Work-Life Balance: Remote access facilitates flexible/mobile working.

Pricing and Support

Time Matters is affordably priced via annual subscriptions based on number of users. Implementation, training and US-based customer support is included.

The software is suitable for solos up to mid-sized firms seeking an end-to-end legal practice management platform. Larger firms may benefit from LexisNexis' enterprise-grade options.

Is Time Matters being phased out?

On December 31, 2023, support will end for Time Matters versions 11 and earlier. If your law firm uses one of these versions, you will need to upgrade to continue receiving support.

Upgrading to the latest version of Time Matters provides benefits beyond extended support. Newer versions include features like:

  • Enhanced security
  • Improved compatibility with modern systems
  • New integrations with other legal software
  • More customizable dashboards and reports
  • Better mobility with iOS and Android apps

We recommend contacting our legal virtual assistants to assist with upgrading Time Matters software. Our specialists can:

  • Assess your current version and requirements
  • Recommend the best upgrade path
  • Handle the entire upgrade process
  • Provide training and support

Upgrading software can be disruptive for busy law firms. Outsource the process to our team and stay focused on your cases while maintaining support for essential legal tools like Time Matters.

What software is used in a law firm?

Law firms use a variety of software to manage their operations and workflows efficiently. Some of the most common types of software used by law firms include:

LPMS platforms help law firms streamline administrative tasks, manage cases and documents, track billable hours, automate billing, and more. Popular options like Clio, mycase.com/" target="_blank">MyCase, and PracticePanther offer robust features tailored to law firms' needs. With LPMS, firms can improve productivity, organization, and profitability.

Document Management Software

Solutions like NetDocuments and Worldox help firms organize documents and files associated with specific cases. Features like version control, permissions, searching, and archiving make documents easy to manage.

Timekeeping & Billing Software

In addition to time tracking in LPMS platforms, programs like Time59 and Chrometa provide detailed time capture and analysis. This helps law firms bill accurately and efficiently.

By leveraging the right legal software technology, law firms can boost efficiency, organization, client service, and their bottom line. The key is finding solutions tailored to one's practice areas, firm size, budget, and specific needs.

How much is Time Matters software?

Time Matters is a comprehensive legal practice management software designed specifically for law firms. It offers robust functionality to streamline administrative tasks, manage cases and documents, track billable hours, and automate billing.

The software is available on a subscription basis. Pricing varies based on the number of users and options selected. Here is an overview:

  • For solos and small firms, Time Matters offer monthly subscription plans starting from $139 per user per month. This entry-level plan includes core features like calendaring, tasks, documents, e-billing capabilities.

  • For larger law firms, Time Matters provide volume discounts on their subscription plans. Pricing starts at $278 per user per month for over 100 users. Enterprise pricing is also available for very large law firms.

Additional charges may apply for add-ons like automated data backups, analytics modules, API access, and premium support. Most law firms find the software pricing to be competitive given the depth of functionality offered.

Free trials are available as well so law firms can test drive Time Matters before subscribing. To get accurate pricing based on your firm's needs, it's best to request a custom quote from a Time Matters sales representative.

Overall, Time Matters aims to deliver robust legal practice management at an affordable price point for firms of all sizes. Their pricing tiers and volume discounts make the software scalable as your firm's needs grow over time.

What is time matters used for?

Legal Buddies provides comprehensive legal support services by connecting law firms with specialized and qualified virtual assistants from South America. Our virtual assistants can assist with various practice management tasks to enhance efficiency.

For legal professionals seeking to optimize operations, Time Matters offers customizable law practice management software. Time Matters aims to streamline workflow processes and facilitate collaboration through features like:

  • Automated docketing and calendaring
  • Robust document management
  • Configurable databases to capture client and case data
  • Tools for tracking billable and non-billable time
  • Customizable workflows and templates

The software helps lawyers effectively manage tasks, documents and deadlines. Time Matters delivers an adaptable cloud-based solution focused on security, mobility and integration.

By leveraging innovative legal technology like Time Matters, law firms can boost productivity and strengthen client relationships. With streamlined operations, legal teams expand capacity to take on more substantive work that drives revenue.

At Legal Buddies, our goal is providing exceptional legal talent to help firms operate more efficiently. We offer access to pre-vetted, trained virtual assistants aligned with each law firm's needs and objectives.

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Overview of Time Matters Capabilities

Time Matters provides robust tools for calendaring, document management, time tracking, accounting, and more to streamline legal workflows.

Docketing Software Integration for Small Law Firms

Time Matters makes it easy for small law firms to schedule appointments, court dates, deadlines and other critical events. The software sends customizable alerts and reminders about upcoming docket items to keep lawyers on track. Firms can build centralized calendars to coordinate schedules across all staff and cases. This helps small legal teams stay organized and notify clients of important dates promptly.

With Time Matters, small law practices can:

  • Build a master calendar for scheduling key court dates, deadlines, meetings and more
  • Set up custom reminders and alerts for critical events
  • Notify staff automatically as docket items approach
  • Share calendars seamlessly across the legal team
  • Avoid double-booking errors or missed deadlines

Efficient Law Firm Task Management Software Features

Time Matters centralizes client files, legal documents and templates to optimize law firm workflow. Firms can build custom intake forms, associate files to relevant contacts, and access templates to standardize frequently used legal documents. This eliminates the hassles of tracking down files scattered across local drives or network folders.

Key features for streamlining legal task management include:

  • Central database for organizing client files and documentation
  • Customizable intake forms and questionnaires
  • Easy linking of files, emails and other items to relevant contacts
  • Access to templates for legal agreements, motions, letters and more
  • Tools for building standards and workflows across the practice

With robust organization and task management capabilities, Time Matters can enhance efficiency for legal teams handling high caseloads.

Precise time tracking is critical for law firms billing hourly. Time Matters integrates seamless time recording to capture billable and non-billable activity. Lawyers and staff can easily log time from anywhere via mobile apps. Robust reporting provides analysis of recorded time across clients, projects, staff members and more.

Notable time tracking features include:

  • Desktop and mobile apps for on-the-go time entries
  • Flexible time recording options by client, project, task and more
  • Real-time synchronization across all devices
  • Detailed time reports and analysis by timekeeper, client or matter
  • Easy tools for reviewing, editing and managing logged time

With Time Matters, legal teams can accurately record billable hours and generate detailed invoices backed by transparent time reports.

Billing and Accounting Integration

Time Matters connects directly to accounting systems for integrated billing and financial management. Users can track accounts receivable, produce professional invoices, record payments and map trust accounts. This eliminates manual duplication of data across disconnected systems.

Key features for legal accounting include:

  • Direct integration with popular accounting platforms
  • Tools to track accounts receivable and trust accounts
  • Easy invoice generation backed by detailed time entries
  • Simple payment tracking and ledger updates
  • Robust financial reporting on collections, profits and more

By centralizing billing and accounting in Time Matters, law firms can save hours spent on manual processes each week.

Task Delegation and Team Coordination Tools

For larger legal teams, Time Matters provides robust tools for task delegation, team collaboration and progress tracking. Lawyers can assign items to staff members or collaborators while monitoring status through dashboards. Users also get notifications as tasks approach deadlines or move between assignees. This enhances coordination across cases and clients.

Notable features for team management include:

  • Assignment of open matters and tasks to internal staff or outside counsel
  • Overview dashboards to track item status and completion
  • Email alerts and reminders as deadlines approach
  • Tools for collaborators to update progress and resolve flags
  • Reporting on individual and team productivity

With these capabilities, legal teams can work efficiently across a high volume of client matters and cases.

Key Benefits of Using Time Matters

Time Matters is a comprehensive legal practice management software that helps streamline operations for law firms to enhance efficiency, profitability, and responsiveness. By automating repetitive tasks, organizing client data, and providing remote access, Time Matters allows firms to reduce costs while delivering excellent and timely client service.

Time Matters boosts staff productivity by over 20% by automating administrative and repetitive tasks. Features like document assembly, batch printing letters, and bulk calendaring streamline workflows. Staff can then focus on high-value work instead of manual data entry.

With features purpose-built for the legal industry, Time Matters ensures optimal efficiency. Some examples include:

  • Legal calendaring to track deadlines, meetings, and court dates
  • Document management with version control and annotations
  • Case management to organize documents, emails, notes by matter
  • Time tracking and integrated billing

By leveraging Time Matters as the central platform for law firm operations, repetitive tasks across functions like accounting, document management, and calendaring are automated. This saves significant time and effort for staff while minimizing errors.

Enhanced Client Service Capabilities

Time Matters centralizes client data and documents so staff always have up-to-date information to deliver excellent service. Features like contact management, document assembly, and batch printing letters facilitate prompt client communications.

Task management capabilities also ensure no client request falls through the cracks. Staff can create task lists linked to clients, cases or matters, with customizable views filtered by urgency or status. Automatic reminders further prompt follow ups to provide exceptional responsiveness.

With Time Matters, law firms can better organize workflows around each client. This enables staff to respond to requests faster while proactively updating clients on progress. The result is improved client service and loyalty.

Cost Reduction and Profitability

Time Matters reduces expenses and drives profitability in multiple ways:

  • Streamlined workflows cut administrative tasks by over 50%. Staff capacity is freed to deliver more billable work.
  • Accurate time tracking ensures every billable minute is captured. Integrated invoicing allows prompt billing.
  • Visibility into utilization rates guides smarter resourcing decisions to optimize profit margins.
  • Paperless office removes printing, postage, storage expenses.

With higher productivity, increased realized billable hours, and lower overheads, Time Matters meaningfully impacts law firm profitability. Most customers achieve full ROI within a year.

Remote Access and Flexibility

Time Matters offers desktop and mobile apps to access calendars, documents, cases, and more from anywhere. This allows staff to work flexibly across locations and devices while ensuring continuity through centralized data.

Secure remote access facilitates business continuity during disruptions like weather events or pandemics. It also enables new work arrangements such as hybrid teams or offsite consultants.

With Time Matters, law firms can embrace flexible, remote-friendly arrangements to access talent, tap new markets, and strengthen resilience.

Custom Reporting for Informed Decision Making

Time Matters provides 150+ built-in reports on vital metrics spanning time tracking, accounts receivable, work-in-progress, accounts payable, budgets and more. These reports extract key insights from firm data to inform strategy.

In addition, users can create custom reports to serve specific analysis needs using an intuitive drag-and-drop interface. These can track emerging metrics, diagnose process issues, assess new growth opportunities and more.

With data readily available through reports, law firm leadership can steer strategy backed by hard numbers rather than guesswork. This enables practices to continually evolve and thrive in dynamic markets.

Pricing Options for Law Firms

Time Matters offers scalable pricing tailored for solo attorneys to large law firms.

Starter Plan for New Solo Practices

The Starter plan is ideal for new solo law practices looking to implement key features like document management, shared calendars, contact management, and more into their workflows.

Starting at $59/month, the Starter plan offers an affordable way for solos to modernize their practice. It includes core functionality like:

  • Centralized document management
  • Shared calendars and tasks
  • Contact management
  • Time tracking
  • Custom reporting

With secure cloud access, solos can manage their legal matters from any device. The starter plan also offers unlimited client logins so clients can access select information.

For new solos getting started, the Starter plan balances useful legal practice features while keeping costs low. Those looking to scale up can upgrade as their firm grows.

Professional Plan for Growing Small Firms

As small law firms grow, the Professional plan adds more premium features suited for slightly larger teams collaborating across more complex legal matters.

Priced at $149/month, the Professional plan includes everything in the Starter plan plus:

  • Workflow automation
  • Integrated accounting
  • Advanced reporting
  • Email management
  • Enhanced security controls

Small firms can leverage workflow tools to streamline repetitive tasks. Integrated accounting helps track billable hours and manage trust accounts.

With room to add more users and matters, the Professional plan scales to support operational growth for small law firms. Firms needing more advanced functionality can upgrade to the Enterprise plan.

Enterprise Plan for Large Scale Operations

For sizable law firms managing a high volume of legal matters, the Enterprise plan offers a robust solution with advanced analytics, SSO security, API access and priority Time Matters support.

Priced at custom quotes, the Enterprise plan adds:

  • Advanced analytics and insights
  • Single sign-on (SSO)
  • API access
  • Dedicated customer success manager
  • Priority Time Matters support

Large firms can leverage data analytics to uncover actionable insights. Robust API access and SSO integration streamlines connecting other software platforms.

A dedicated customer success manager ensures large firms get tailored onboarding, training, and ongoing optimization. Priority support access provides fast responses to any issues.

With customized deployment options, the Enterprise plan is a fully-featured legal practice management solution for sizable law firm operations.

Ease of Getting Started with Time Matters

Time Matters is designed to accelerate implementation, providing multiple access options paired with exceptional customer support.

Choice of Cloud-Based or On-Premise Solutions

Time Matters offers both cloud-based and on-premise deployment options. The software's cloud-based delivery enables law firms to get started quickly without large upfront investments in servers and IT infrastructure. For those with extra data security requirements, Time Matters can be installed directly on in-house servers. Both solutions provide the full feature set and seamless integrations.

Mobile Access for Lawyers on the Move

Time Matters offers native mobile apps for iOS and Android, providing attorneys access to calendars, contacts, documents, and more while on the move. Lawyers can efficiently view and update matter details right from their smartphones, enabling productivity no matter their location. The apps sync bidirectionally with Time Matters desktop software in real-time over a secure connection.

Comprehensive Implementation Resources

LexisNexis provides exceptional resources to accelerate Time Matters onboarding and training. These include:

  • White-glove onboarding - Dedicated implementation specialists guide firms through software setup, data migration, integrations, security policies, and more.
  • Extensive training library - Self-paced courses, live webinars, and videos demonstrate key features and workflows. Customized training plans can also be developed.
  • Community forums - Connect with other Time Matters users to access crowdsourced solutions, tips, and product feedback channels.

Dedicated Time Matters Support Network

Friendly client success managers provide Time Matters users timely support through phone, email, and live chat channels. They can troubleshoot issues, offer software advice, and escalate complex cases to specialized technical teams if needed. Support services are available during extended business hours.

By offering versatile deployment models, mobile access, turnkey implementation resources, and readily available support, Time Matters enables rapid onboarding so law firms can quickly realize ROI. Its well-rounded approach removes friction from the onboarding process.

Ideal Law Firms to Adopt Time Matters

From solo attorneys to large multi-office firms, Time Matters scales to firms with diverse needs.

Optimized for Criminal Law Practice Management

Time Matters provides robust tools for streamlining criminal law practice management. Some key features include:

  • Automated intake forms to collect critical case details upfront
  • Centralized document filing to keep all records and evidence organized
  • Court date calendars with reminders for hearings, motions, trials
  • Billing tools for tracking hours and expenses by case or client
  • Trust accounting integration to separate client funds

With these capabilities, Time Matters can help criminal defense attorneys and firms boost productivity, ensure deadlines are met, simplify billing and trust accounting, and deliver excellent service to clients.

Solutions for Boutique Corporate Law Practices

For boutique corporate firms, Time Matters offers features tailor-made to support specialized legal work. Lawyers can:

  • Store client entities and subsidiaries in a central database
  • Generate SEC filings, proxies, transactional documents
  • Log billable time accurately across matters
  • Produce detailed invoices with task-based or hourly billing

Whether helping clients with IPOs, mergers, or day-to-day legal counseling, Time Matters enables corporate attorneys to scale their practice efficiently.

Mid-Sized Regional Firms Coordination

Time Matters facilitates seamless coordination for mid-sized regional firms with several offices. Key capabilities include:

  • Access one unified database across all offices
  • Assign cases and track them across different practice groups
  • Share and update documents, calendars, contacts in real-time
  • Gain visibility into workloads and productivity firm-wide

Unifying workflows, this software keeps communication orderly even as regional firms grow.

Advanced Features for Large National or Global Firms

For large global firms juggling complex international matters, Time Matters provides advanced tools to:

  • Give numerous attorneys worldwide access to the same case files
  • Coordinate internal teams as well as co-counsel
  • Ensure version control on briefs, transactional docs
  • Capture billable and non-billable time accurately
  • Produce consolidated invoices spanning practices and jurisdictions

Robust permissions, auditing and integration capabilities empower large firms to collaborate smoothly across geographies.

By centralizing data and workflows, Time Matters enables firms both large and small to boost productivity, coordination, and client service. The software scales readily with modular pricing, implementation assistance, and top-notch Technical support. As firms evolve, Time Matters grows along with them.

Concluding Insights on Time Matters

Time Matters offers several strong capabilities as a legal practice management software including comprehensive matter, document, and contact management, fully customizable workflows, centralized access to information, integrated calendaring and docketing, robust reporting, and mobile accessibility.

For law firms looking to elevate efficiency, service quality and cost-savings, Time Matters delivers a lot of power. Key benefits include:

  • Streamlined processes: Automate workflows like new client onboarding, matter opening/closing, calendaring, docketing etc. This minimizes manual work and errors.

  • Enhanced visibility: Get a centralized real-time view of matter details, deadlines, documents, time entries etc. Improves oversight and proactivity.

  • Anywhere access: Time Matters cloud allows remote access from any device. Critical for supporting distributed and mobile teams.

  • Configurability: Highly customizable platforms to match each firm's operational needs and preferences down to user-levels.

  • Scalability: Available editions allow firms to start small and upgrade as needs evolve over time. true scalability.

With the latest version, Time Matters continues to rapidly evolve as an agile, forward-thinking player in the legal tech space. For firms looking to step up their legal operations game, it presents a compelling option.

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