Remove 2022 Remove Analytics Remove Billing software
article thumbnail

Legal Tech: What We Learned in 2022 (and How to Use it in 2023)

Rocket Matter

As part of our commitment to delivering best-in-class client support, we're sharing the lessons we've learned in 2022—plus tips on how to apply them. 2022’s takeaways . Like any year, 2022 threw a unique set of challenges at the legal industry. Tech makes billing and collections better .

article thumbnail

Maximize Your Billable Hours with These 10 Time Tracking Tips

Rocket Matter

in 2022), it’s the right time to look at your current rates and see if you’re charging enough to remain profitable. Describe your time spent in detail No one wants a client disputing their bill. in 2022), it’s the right time to look at your current rates and see if you’re charging enough to remain profitable.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is Legal Tech a Growing Industry?

Lawmatics

The use of tech in law firms has increased from advances in AI-powered solutions to the proliferation of practice-specific tools like contract lifecycle management tools or practice management software to operational tools like CRMs and billing software. billion globally in 2022.

article thumbnail

What is a Legal Tech Platform?

Lawmatics

Time tracking and billing. Whether a firm bills hourly, fixed-fee, or on contingency, time and billing software offers an easy way to record billable hours and increase revenue. Legal marketing automation software helps firms seize every new client opportunity with targeted messaging and perfect timing.

article thumbnail

What Are the New Technologies in the Legal Field?

Lawmatics

Reducing administrative workflows has been a major priority for law firms in the last few years, but there is still an opportunity to review billing processes. According to the ABA , only 52% of solo attorneys use time and billing software, and small firms aren't much better, with 66% leaning into the ease of a billing workflow.

article thumbnail

Why Forbes Advisor Thinks Rocket Matter Is the Best (and Why You Will Too)

Rocket Matter

In April 2022, contributors and editors at Forbes Advisor released their ranking of the year’s best legal billing software programs. Rocket Matter’s practice management software was named the best platform for firms of all sizes ! The analytics tools in our Pro plan can help you track: Productivity (by matter or by team).

article thumbnail

What is Legal Operations? A Guide to Legal Ops

CaseFox

This includes helping them with information and supporting them in financial management, strategic planning, and data analytics. According to reports, in 2022 , 54% of legal departments have spent more funds internally than outside. They use softwares like legal billing software , case management software, etc.