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