We’re thrilled to announce the release of Competitive Intelligence, a premium feature tailored to provide law firms with critical insights into their performance on RFPs and auctions. This data-driven dashboard allows firms to benchmark their performance against competitors on the PERSUIT platform, understand market penetration, and refine strategies to strengthen client engagement and boost win rates.
Key Features:
- Performance Benchmarking: Gain a clear understanding of how your firm compares to competitors on key metrics, such as win/loss rates and client engagement trends.
- Actionable Insights: Pinpoint strengths and address areas for improvement with detailed analytics that help refine bidding strategies and overall performance.
- Wallet Share View: Understand your firm's share of a client’s work portfolio to identify opportunities for deeper engagement and growth.
Who Can Access?
This feature is available exclusively to law firms that have purchased Competitive Intelligence and possess sufficient data to generate meaningful insights.
Privacy and Security Measures:
To protect client confidentiality and ensure data integrity, the Competitive Intelligence dashboard includes robust security measures:
- Rankings and wallet share comparisons are anonymized, so firms cannot identify specific clients or missing opportunities.
- Data aggregation ensures competitive insights are delivered without revealing sensitive details.
Why It Matters:
Firms often lack access to consolidated, real-time performance insights, relying instead on manual reporting that limits their ability to:
- Accurately analyze win/loss rates and other key performance metrics.
- Benchmark their success against competitors in the market.
- Identify new opportunities for growth and client engagement.
The Competitive Intelligence feature solves these challenges by delivering a user-friendly, secure dashboard designed to inform smarter, data-driven decisions. For law firms striving to stay ahead in a competitive landscape, this tool is a game-changer.
If you’re interested in unlocking these powerful insights, please contact support@persuit.com
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