
The AI-Native Pricing Solution for Law Firms
Narrative is AI-powered software for law firm pricing, matter scoping and time entry analysis, categorised as legal AI and profitability management. It uses historical matter data, time entries and bills to generate pricing estimates and proposals. It is aimed at large international law firms that need to win work, price matters and manage profitability while handling sensitive legal data.
Product
Narrative
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Narrative ingests unstructured data such as past matters, time entries, previous bills, assumptions and benchmarks to produce pricing recommendations and estimates for complex legal matters. Its pricing features cover benchmarking across clients, matters and practice groups, scenario modelling for fixed fees, caps, blended rates and subscriptions, and generation of RFP proposals with scoping, assumptions and phased plans. Its profitability management features include time capture, automated billing and work-in-progress reports, billing narratives formatted to client requirements, matter health ranking, and dashboards. The vendor states that it works with large international firms and handles sensitive data through enterprise-grade infrastructure. Narrative is positioned to sit on top of existing practice management and document management systems rather than replacing them, with timekeeping as the only area a firm may choose to replace. Pilots are offered in a sandbox environment and can cover specific features or the full platform. Multi-office and multi-currency environments are stated as supported.
What it does
Pricing estimates for complex matters based on historical data.
AI-driven scoping and phase modelling for project planning.
Time-entry analysis and enrichment for billing accuracy.
Pricing insights from past matters, time entries and bills.
Proposals with scoping, assumptions and phased plans.
Models fixed fees, caps, blended rates and subscriptions.
Financial discipline controls and real-time profitability monitoring.
Captures learnings across matters to refine pricing strategy.
Invoices and work-in-progress reports from captured time.
Applies formatting rules agreed with clients in OCGs or engagement letters.
Passively captures work activity to create time records.
Ranks matter health and suggests actions to raise realisation.
Optional review workflows with manual adjustment of outputs.
Combined solutions feed dashboards for change opportunities.
Who it is for
Case studies
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Trust & compliance
Security certifications
Named enterprise customers
Pricing details
Starting price
Pricing model
Free version
A no-risk sandbox and modular pilots are offered, with ROI established during a pilot.
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Product interface
Narrative Interface
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FAQs
Narrative ingests structured and unstructured data, including past matters, time entries, assumptions and benchmarks, to generate data-driven pricing recommendations. The vendor states this produces faster, more confident proposals without manual number crunching.
The vendor states most firms can be live the same day in its pricing sandbox environment. Its timekeeping solution can be implemented for testing or rollout within two weeks of approval.
No. Narrative sits on top of existing PMS and DMS systems. Timekeeping is the only area a firm may choose to replace, while other solutions add net-new capabilities compared to legacy systems.
Yes. The vendor states many firms begin with a limited pilot in one practice or office, validating ROI in a low-risk environment before scaling across the firm.
Yes. The vendor states Narrative supports multi-office, multi-currency environments with global reporting and local compliance options.
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