Laurel

Laurel: AI-Powered Timesheet Automation for Legal & Accounting Firms

What is Laurel? Laurel employs AI to automate timesheets for enterprise legal and accounting firms, helping them save time, grow profit, and answer vital efficiency questions. It's more than just automation; it leverages AI to reveal patterns and increase the leverage of every hour spent by professionals.

How does Laurel work?

Laurel addresses the costly disasters of legacy timekeeping solutions, which lead to frustrated professionals, missed revenue, and a lack of operational insight. It provides a strategic advantage by enabling professionals to complete timesheets in approximately 5 minutes. This helps firms stop revenue leakage and provides leadership with key operational visibility for driving profit growth.

Key benefits of using Laurel:

• Save Professionals Time: Accurate capture, intelligent activity grouping, and AI narrative generation simplify timesheet completion for partners and fee earners.
• Grow Profit: Recover +28 daily billable minutes per professional and maximize realization with real-time compliance.
• Answer Vital Questions: Understand the true cost of service delivery and optimize pricing, capacity planning, and more.
• Apply AI with Precision: Quickly identify inefficiencies and opportunities to deploy AI for maximum leverage, plus measure the ROI of AI investments.

Who is Laurel for?

Laurel is designed for:

• Law Firm Leaders: Helping them make every billable minute count with AI-powered timesheets and point-of-entry compliance.
• Accounting Firm Leaders: Enabling them to maximize utilization and understand their firm’s operations in a way previously impossible.
• Timekeepers: Giving them time back for high-leverage work, leisure, or quality time with family.

Key Features and Benefits:

• Automated Time Tracking: Uses AI to accurately capture and categorize billable hours.
• AI Narrative Generation: Automatically generates descriptions for time entries, saving time and improving accuracy.
• Revenue Recovery: Helps firms recover potentially lost revenue by ensuring comprehensive time tracking.
• Operational Insights: Provides leadership with data-driven insights for optimizing pricing, capacity planning, and resource allocation.
• Compliance: Real-time compliance features to maximize realization.
• Customizable: Can be configured to track specific applications and URLs.

Enterprise-Grade Security: Security is a fundamental aspect of Laurel. It is SOC II Type II certified, HIPAA compliant, and adheres to GDPR and other applicable privacy laws. AI models are deployed on a firm-by-firm basis, ensuring that AI models are trained on firm-specific data.

What users are saying about Laurel:

• Kurt Ruttum, Managing Partner at Tonkon Torp: Noted increased granularity and better descriptions of matters, capturing and billing more time from clients.
• Danny Krakower, Partner at Shulman Rogers: Praises Laurel’s intuitive design and enhanced capabilities, with AI narratives being an added bonus.
• Jim Hicks, CFO & COO at CCK Strategies: Highlights that Laurel is a lifesaver when he is busy and cannot enter his time immediately.
• Dee Dee Lantz, Paralegal at WLJ: Credits Laurel with saving hours and significantly increasing docketed time.
• Danielle Douek, Partner at Lerners: Says Laurel has changed her life by saving her hours and increasing her docketed time.

Why Choose Laurel? Laurel transforms timekeeping into a strategic advantage. By automating tedious tasks, preventing revenue leakage, and offering crucial operational insights, Laurel improves efficiency, boosts profitability, and enables firms to make data-driven decisions. Plus measure ROI of AI investments. The platform's robust security measures provide its users peace of mind.

How to use Laurel? Request a demo to see how Laurel can help your firm turn time into a strategic advantage. The onboarding process is designed to be seamless, with deployment and support available to ensure a smooth transition.

In conclusion In conclusion, Laurel isn't just a timesheet automation tool; it's a strategic partner transforming how law and accounting firms manage their most valuable asset which is time. By integrating AI, ensuring compliance, and providing data-driven insights, Laurel empowers firms to optimize operations, enhance profitability, and achieve a competitive edge.