DURHAM – Apparently, the founder of GrowPath, Eric Sanchez, is sporting a new tattoo to commemorate GrowPath’s latest patent.
The patent initially received number 10,503,790, but it can now be found under number 10,656,794 (as of May 19, 2020). The tattoo celebrates GrowPath’s 12th of 18 patents for cutting-edge technology in legal case management.
The Durham firm offers legal intake, case management, and business analytics software.
It says a new scoring tool allows firms to quickly evaluate prospective cases and determine which client leads the firm might consider accepting – without an additional wait for attorney review.
Patented scoring algorithm
How it works: Intake specialists field phone calls from potential clients. As the specialist enters notes in the GrowPath application, the scoring tool calculates the inputs — based on unique criteria established by that law firm — to determine a lead score, which prompts the next steps. That could include, among others, patching the prospective client through immediately to an attorney, the firm explains.
The newly patented scoring feature allows firms to evaluate potential cases based on a predetermined set of variables. This results in a value or score. Firms can also create a different lead score formula for each claim type the firm handles.
“If it sounds easy, that’s the point: we’ve put a simple interface in front of a sophisticated firm-created algorithm, which allows attorneys to use it to analyze data and drive better business decisions for their law firm,” said Sanchez, in a statement.
“Competition is pressing law firms to make important business decisions, like accepting a case, faster than ever. It’s nearly impossible to do this efficiently without the aid of technology.”
The scoring feature is one part of GrowPath’s overall legal software product. The platform includes solutions for intake, case closure and profitability analytics.
How it started
In 2010, the Law Offices of James Scott Farrin in Durham struggled with outdated technology while overseeing a $1.25 billion mass tort case. Frustrated with the inefficiency, the firm assembled a team of engineers to create a software solution that optimizes workflow, compiles necessary data for reporting, and enhances productivity. It worked.
By 2017, the solution started spreading to other law offices nationwide. The response inspired the founders to think about GrowPath as a fully configurable, stand-alone, and scalable SaaS offering, the company notes on its website.