ROE - Return On Investment
Manual document management comes with hidden costs.
The obvious expenses—like staff time spent processing incoming files or fixing errors—are only part of the problem. The real cost lies in the missed opportunities and lost productivity caused by slow, inefficient manual workflows.
Direct Costs
Labor Costs
$12,000
Annual Industry Average per Lawyer
Calculation: 1000 documents / month,
2 minutes to read it, find the matter, subfolder, and name it:
1,000 x 2 min x 1 hr./60min x 30$/hr. staff time x 12 mo./yr. = $12,000
Annual Industry Average per lawyer
Staff and lawyers can spend 4+ hours weekly
searching for documents, correcting versions, or renaming files.
https://www.clio.com/blog/highlights-from-2024-legal-trends-report/
Cost of Human Error
$9,000
Opportunity Cost
Opportunity Cost
50k-120k+
Revenue lost when professionals do low value work
Estimated Annual Industry Average per lawyer
for time spent on document management, based on best available data
Calculate how IbeX can Benefit your Practice
Hours saved/month
A full-time, single-lawyer office handles 1000 incoming documents/month. It takes ~ 2 minutes to read, name, and save a document using a traditional document manager, taking 33 hours/month away from your admin team.