Predicting new Revenue Streams using Document Classification

A Law firm with unparallel commitment to labor and employment law had to help their clients navigate a complex business world with nuanced legal issues – building better solutions for their toughest challenges.

Business Challenge

A law firm was facing challenges in predicting new revenue streams, hiring, retaining and cross-training attorneys and getting timely payment from clients due to inaccurate timesheet submission by attorneys.

Approach

  • Leverage Azure Cognitive services such as Azure Search, NLP, OCR, Machine Learning, text analytics, vision etc..

  • Machine Learning studio

  • PowerBI reports using Azure data lake

  • Retrain and hire attorneys for the high demand practice areas while shutting down practices not in demand

Transformational Effects

  • Accurate revenue forecast

  • Competitive offerings as per market demand

  • Satisfied customers due to assignment of right attorney for the right matter at the right time

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