Laurel
Overview of Laurel
Laurel: AI-Powered Timesheet Automation for Legal and Accounting Firms
What is Laurel? Laurel is an AI-driven solution designed to automate timesheet creation for enterprise legal and accounting firms. It helps firms save time, increase profits, and gain vital insights into operational efficiency. By leveraging artificial intelligence, Laurel transforms tedious timekeeping processes into a strategic advantage.
How does Laurel work?
Laurel's AI engine accurately captures work time, intelligently groups activities, and automatically generates descriptive narratives. This automation reduces the time professionals spend on timesheets, minimizes revenue leakage, and provides key operational visibility.
Key Features and Benefits
- Automated Timesheets: Laurel automates the entire timesheet process, eliminating manual data entry and reducing errors.
- Time Savings: Professionals can complete timesheets in as little as 5 minutes, freeing up valuable time for more productive tasks.
- Increased Profitability: By capturing more billable hours and maximizing realization rates, Laurel helps firms increase revenue.
- Operational Insights: Laurel provides real-time compliance monitoring and detailed insights into the cost of service delivery, pricing, and capacity planning.
- AI-Driven Efficiency: The platform identifies inefficiencies and opportunities to deploy AI for maximum leverage, measuring the ROI of AI investments.
- Compliance: Laurel ensures compliance with firm-specific guidelines and industry regulations.
Who is Laurel for?
Laurel is designed for:
- Law Firm Leaders: Maximize billable minutes and ensure point-of-entry compliance.
- Accounting Firm Leaders: Maximize utilization and gain unprecedented insights into firm operations.
- Timekeepers: Reclaim time for high-value work, leisure, and personal life.
Real-World Impact
According to user testimonials, Laurel has led to significant improvements in timekeeping efficiency and revenue generation:
- Donovan M. Powell, Associate at Pullin, Fowler, Flanagan, Brown & Poe: "I get my Saturday morning back. Instead of spending 4 hours entering time, I can do whatever else I want to do."
- Kurt Ruttum, Managing Partner at Tonkon Torp: "We are capturing more time and billing more time from clients."
- Danny Krakower, Partner at Shulman Rogers: "Our team loves Laurel’s intuitive design and enhanced capabilities. The AI narratives are just icing on the cake."
- Jim Hicks, CFO & COO at CCK Strategies: "When I am crazy busy and cannot enter my time immediately, Laurel has been a life-saver."
- Dee Dee Lantz, Paralegal at WLJ: "Laurel has changed my life. It saves me hours and my docketed time is significantly increased."
- Danielle Douek, Partner at Lerners: "Laurel has changed my life. It saves me hours and my docketed time is significantly increased."
Security and Compliance
Laurel is committed to enterprise-grade security and compliance:
- SOC II Type II certified
- HIPAA compliant
- GDPR compliant
- Adherence to applicable Canada and US privacy laws
AI models are deployed on a firm-by-firm basis, ensuring that AI training is based solely on the firm’s data. Timekeepers retain control over which applications and URLs are tracked for timesheet automation, with access limited to their work history.
Pricing
Contact Laurel for pricing information via the "Request Demo" button.
Why choose Laurel?
Laurel addresses the costly inefficiencies of legacy timekeeping solutions. Professionals waste time on tedious tasks, revenue leaks through missed billable hours, and firms lack key operational insights. Laurel transforms these challenges into opportunities for efficiency and growth.
By automating timesheets, Laurel helps firms:
- Save Professionals Time: Accurate capture, intelligent activity grouping, and AI narrative generation simplify timesheet creation.
- Grow Profit: Recover billable minutes and maximize realization with real-time compliance.
- Answer Vital Questions: Understand the true cost of service delivery and optimize pricing and capacity planning.
- Apply AI with Precision: Identify inefficiencies and deploy AI for maximum leverage, measuring ROI of AI investments.
How to use Laurel?
To use Laurel, legal and accounting firms can request a demo through their website. The platform offers deployment and onboarding assistance to ensure a smooth transition. Once implemented, Laurel's AI-powered automation streamlines the timesheet process, enabling professionals to focus on high-value work.
Conclusion
Laurel offers a compelling solution for legal and accounting firms seeking to automate timesheets, increase profitability, and gain valuable insights into their operations. Its AI-driven approach transforms timekeeping from a burden into a strategic advantage.
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