Aderant, a legal business and practice management software provider, announced a new analytical module for Expert ClearView designed to measure aspects of a law firm’s general ledger calculated from multiple dimensions. The new general ledger analytical module, or cube, is an array of data resulting from online analytical processing or OLAP. At base, a cube is a two-dimensional spreadsheet with cells containing some measure of the legal business calculated from multiple dimensions. For example, an OLAP cube’s cell can calculate the revenue from a number of active matters in New York City, engaged by certain partners, at a point or range in time.
Aderant’s new GL cube is part of its Expert ClearView business intelligence product for law and professional firms. The cube aims to give firms the ability to perform financial analysis to improve the performance and profitability of the law firm.
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