Today more than ever, attorneys are realizing there is more to being a lawyer than the practice of law. Firm leadership needs to run the firm like a business. The…
Attorneys time is their most important asset. It’s what they use and it’s what they bill for. Anything they can do to take that time, preserve it, and use it effectively, and furthermore bill for it, is going to go a long way in making their firm more efficient, more profitable.
Law firms who wish to work for insurance carriers or larger companies are finding it almost impossible to do so if they are unable or unwilling to practice LEDES e-billing. For the firm manager who has never dealt with LEDES e-billing requirements, the task can feel daunting. With a basic understanding and a few tips to get your invoices approved through the audit process, your firm can accept clients who require e-billing without fear.
If your firm has decided it needs to move into another practice area, you may be wondering where to start. There are many things to consider, check out our tips to get you started!
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A practice management system creates a hub for the entire firm to find information about your cases, which makes you more efficient and allows you to give better client services, answer questions faster, and gain a better grasp of your data. But how do you decide which practice management features you need? We have your answers!
Should firms work directly with practice management vendors or should firms utilize practice management consultants? Ultimately, you will have to make the best decision for your firm and choose a direction that best aligns with your goals and processes, but we have some tips that can help you make that decision!
Buying legal technology can be a huge source of stress. By building out a requirements list you’ll not only be better prepared, but you will have a better sense of what your firm actually needs. This step is critical in the buying process, find out why.
Change can be hard, but without it, your firm will lack the progress and development needed to stay competitive. There are steps you can take to encourage your firm to embrace this change and mitigate the pain points that arise from such adoption. Take a look!
Timing is everything, right? The old adage holds true when thinking about upgrading technology. How do you know when it’s time to start evaluating new technology? Is there ever a bad time? And why do you need to make a change anyway? We have your answers.
There are multiple metrics that your firm can use to monitor and ensure financial success. One of those is how you structure your departments
The legal billing process can be a challenge for every law firm, but it doesn’t have to be. A combination of the right policies, procedures, and technology can be used to stay on top of attorney time and make the billing process efficient and accurate.
Because of our cellphones, we can now get our work done anywhere and at any time. But this comes with a price… Mobile security is a must, especially in the legal industry and if you’re not taking the appropriate steps to ensure your client’s information is safe, you could be opening yourself up to security breaches.
How does a firm determine the cost of their product? It isn’t as complicated as you may think, find out why!
Every firm has its own set of goals and objectives, but not every firm knows how to reach them. Utilizing a strategic plan will help you properly analyze and allocate your resources to achieve your targets. If you’re unsure of where to begin, we can help!
What does your cash flow look like this year? How about your net income by year-end? Having a quality budget in place removes the guesswork and fear from your financial picture and ensures you end up where you want to go.
In this remote world we live in now, many aspects of our jobs have changed. Conducting remote international depositions is no exception. Learn what you should be aware of, the steps you should be taking, and how you can best navigate this critical part of your job in our new world.
How do you manage exhibits in a virtual courtroom? Going to court today looks different. The processes and procedures we may have followed at one point have changed. Because of this, there are some steps you should follow, take a look!
Everyone handles their email inbox differently, but one thing is for certain, our inboxes today are significantly more overwhelming than they were even just a few years ago. Because of this, three things are significantly impacted by our time spent on email: our mood, our focus, and our to-do list. Let’s take a look at how you can better manage your inbox and your time!
Think of your client intake process as your first impression. What would potential new clients say about you to their friends? Would they hire you on the spot? This process can be easy to overlook, but we have made it easy for you with a checklist that will keep you on track.
There are so many communication tools that work to improve your business development process, but if you do not know how to use them you will not only be creating inefficiencies for your firm, but you will also be losing billable hours too.
On average, attorneys only bill 2.3 hours of their day, while they spend 30% of their time on business development. Intake process is critical, but without an effective process, you’re losing money. It’s as simple as that.
Take a look take a look at how you can use your online web presence to protect and gain referrals, how you can utilize the power that is Google, and how to begin thinking about social media as a point of leverage not a pain point.
Having hands-on resources for your law firm’s needs will undoubtedly create more meaningful research that drives cases forward. This has been a game-changer for smaller firms who once had to shell out huge expenses for legal research software. Check out what you could be missing!
8 out of 10 millennials will not buy anything without reading a review first and 77% trust reviews they read on brand websites. So what’s the takeaway here? Reviews are crucial, learn why.
This year, the IRS released form 1099-NEC, a new form that will change the way 1099-MISC reporting has been handled for years. Do you know what they are? Is your firm ready to handle them? If not, we’ve got your back, take a look at everything you might be missing!
For many firms, accounting is a huge pain point. It’s time-consuming and tedious, but it’s also crucial. Because of this, we have tried to make the process as easy as possible for you by compiling a list that includes some basic, monthly procedures that your firm may find useful.
According to the American Bar Association, nearly a quarter of all legal malpractice claims are based on lawyers procrastinating or failing to calendar. Don’t let this be you! Learn what you can do to ensure your firm is staying efficient and meeting deadlines.
Attempting to collect on unpaid invoices is not a fruitless endeavor, no matter how aged the invoice is. Let’s look over a few quick tips to point you in the right direction.
Calendaring seems so simple and trivial, but there is nothing more critical to your day-to-day operations than an accurate and up-to-date calendar. Check out some calendaring best practices and learn how your firm can establish a successful workflow.
If your firm lacks the necessary legal billing processes, your practice won’t be sustainable. Proper client billing is not a one size fits all approach – learn what you must do to create a system that allows you to be flexible and profitable.
The purpose of a billing workflow is two-fold: save your firm time and drive the collections process. Technology can help you bill while you work, get your invoices out much faster, and reduce your bottom-line. We’ll show you how.
Unfortunately, clients don’t always pay on time. And did you know that there are specific reasons that lead to bills going unpaid? We’ve got eight tips that will help assist you and your firm with expediting your billing and improving your collection process.
The core of conducting good business lies in placing customers at the forefront of everything you do. The world we live in today is vastly different than it was even a few years ago, but delivering the best client experiences is still possible, let us show you how.
Your firm’s brand matters. Learn what we have found about the importance of communication and data collection, why you need metrics to gauge your ROI, and automation tools that will make your marketing process worth your while.
There are a variety of struggles law firms face when it comes to finding that sweet spot in legal billing. Everyone wants to keep the books balanced and income regularly flowing, but that doesn’t always happen. Check out what you can do!
With the level of competition we are seeing today, firms are faced with a choice: to modernize or not. Check out what we think.
Both internal and client communications have been changed forever. Moving forward, it’s time to take charge and find ways to use law firm communication tools that prioritize security and efficiency for everyone involved – including clients. Learn what legal communication tools could do for your firm.
We are in an age of hacking, there is no getting around that. Let’s take a look at the threats your firm faces, the obligations you have with your clients when you communicate through text, and how to protect yourself while you communicate in today’s day and age.
The purpose of a client-centered law firm, and why many firms have moved toward it, is to set themselves apart and be more competitive. Learn why this is a client-centered model is critical and how it will keep you profitable for years to come.
With access to the internet, consumers can now decide for themselves when, where, and at what price point a licensed attorney is required. So, how do law firms move forward and differentiate themselves, scale, and align with customers in a way that meets the needs of our changing society in 2020 and beyond?
Constant developments in automation have made law firms considerably more profitable. Let’s discuss the ways legal automation tools help bolster efficiency in a way that benefits your firm, and doesn’t add unnecessary steps or complications.