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Redefining Matter Management: A Best Practice Guide to Improving Processes and Profitability

Author: Peter Lane Secor

December 2017
Redefining Matter Management: A Best Practice Guide to Improving Processes and Profitability

A collection of real world case studies highlighting some of the most important achievements and ideas in matter management today.

Peter Secor, director of strategic pricing and project management at Pepper Hamilton, authored a chapter in the Ark Group publication Redefining Matter Management: A Best Practice Guide to Improving Processes and Profitability, titled "Componentized Budgets for Cost-Benefit Analysis."

Mr. Secor gives an overview of componentized pricing. After a practical and succinct summary of componentized data, Mr. Secor discusses how to go about collecting it with reference to matter management and data collection systems in order to create a cost-benefit analysis, and how to implement that as a communication tool between firms and their clients. As clients start to scrutinize their legal spend more, Mr. Secor stresses, the importance of having a living document that details the exact cost and value of each activity and resource increases in line.

For more information and to purchase the publication, visit https://www.ark-group.com/product/redefining-matter-management-best-practice-guide-improving-processes-and-profitability#.WxAjQk2Ww5t.

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