Laurel

Laurel is a revolutionary AI platform designed to transform timekeeping from a tedious administrative chore into a strategic asset for professional services firms. Backed by a significant $100M Series C funding, Laurel is dedicated to redefining the future of time management. It addresses the critical problems of traditional timekeeping: inaccurate data, significant revenue leakage from unbilled hours, and a lack of operational visibility. Instead of just logging time, Laurel uses AI to help firms grow profits, save countless hours, uncover operational patterns, and maximize the value of every minute spent.

How to use Laurel

Using Laurel is designed to be seamless and intuitive, integrating directly into the professional's workflow:

1. Installation and Configuration: Professionals install the Laurel desktop application. They have complete control to configure which applications and URLs are tracked, ensuring privacy and focusing only on work-related activities.
2. Automated Time Capture: Laurel runs securely in the background, passively and accurately capturing time spent across all work applications—from document editing and email correspondence to legal research and virtual meetings.
3. AI-Powered Analysis: The platform's AI intelligently groups related activities into coherent time blocks. It then generates detailed, compliant, and context-rich narratives for each time entry, eliminating the need for manual description writing.
4. Effortless Timesheet Review: Professionals are presented with a pre-populated timesheet. They can quickly review, edit if necessary, and approve their time in as little as five minutes, a fraction of the time required by manual methods.
5. Strategic Insights for Leadership: Firm leaders gain access to a powerful analytics dashboard. This provides a clear view of the true cost of service delivery, team capacity, client profitability, and identifies key areas for operational improvement or AI-driven automation.

Core Features of Laurel

• AI-Automated Timekeeping: Passively captures all work activities without manual start/stop timers, ensuring no billable moment is missed.
• Intelligent Activity Grouping: Automatically categorizes scattered activities into logical, project-related time entries.
• AI Narrative Generation: Creates articulate and compliant descriptions for time entries, improving invoice quality and clarity.
• Real-Time Compliance Engine: Enforces firm and client billing guidelines at the point of entry to maximize realization rates.
• Operational Intelligence Dashboard: Offers deep insights into pricing, capacity planning, and profitability, turning time data into a strategic advantage.
• Firm-Specific AI Models: Deploys a unique, isolated AI model for each firm, guaranteeing that a firm's data is used exclusively to train its own model, ensuring confidentiality and security.
• Enterprise-Grade Security: Laurel is SOC II Type II certified, HIPAA compliant, and adheres to GDPR and other major data privacy regulations.
• Complete User Control: Timekeepers have the final say on what is tracked and are the only individuals with access to their raw work history.

Use Cases for Laurel

Laurel is built for professionals who value their time:

• Law Firms: Associates, paralegals, and partners can capture an average of 20-30 additional billable minutes per day. Managing partners can analyze matter profitability and optimize resource allocation with unprecedented accuracy.
• Accounting Firms: Consultants and accountants can maximize utilization, eliminate revenue leakage from small, unrecorded tasks, and gain a clear understanding of engagement costs to improve pricing strategies.
• Individual Professionals (Timekeepers): Dramatically reduces the administrative burden of timesheets, freeing up hours each week for high-leverage work, client development, or personal well-being.

Advantages of Laurel

Laurel provides a distinct competitive advantage:

• Boost Profitability: Firms can see a significant revenue lift, with an average of +$20K in additional annual revenue per timekeeper.
• Massive Time Savings: Reduces the time spent on timesheets by over 90%, turning a dreaded task into a quick review.
• Enhanced Data Accuracy: Creates granular, accurate, and defensible time records, leading to faster payments and fewer write-downs.
• Data-Driven Decisions: Empowers leadership with the insights needed to make strategic decisions about growth, staffing, and efficiency.
• Improved Employee Satisfaction: Alleviates a major pain point for professionals, boosting morale and retention.

Pricing and Plans

Laurel operates on a customized enterprise pricing model. The plans are tailored to the specific needs and scale of each firm. To receive a detailed proposal and see the platform in action, interested firms are encouraged to request a demo through the official website.