Rocket Matter

FEBRUARY 6, 2024

Time flies, especially in a busy law firm where every minute is spent on client consultations, drafting legal documents, court appearances, case research—and yes, the occasional YouTube video during break. But tracking and managing that time often slips through the cracks during the daily hustle.

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Rocket Matter

NOVEMBER 7, 2023

Many attorneys are overwhelmed or challenged by the need to track billable hours efficiently. Let’s look at seven common time-tracking problems and how lawyers can easily solve them. If a lawyer is keeping track in Microsoft Excel or—dare we say! Measuring time for multiple clients at once Here’s a major issue.

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Rocket Matter

JANUARY 30, 2024

Yet the hurdles and objections voiced by lawyers are real concerns, even when it comes to proven tactics for increasing efficiency and profitability like time-tracking. They may worry they’ll be micromanaged, that it will take too much time, or not want to listen because they use alternative fees and flat fees anyway.

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Rocket Matter

AUGUST 29, 2023

These tools, like generative AI models and automatic time tracking, can potentially boost a firm’s profitability and decrease its workload—significantly. Automatic time tracking empowers teams to thrive and grow.

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Rocket Matter

OCTOBER 17, 2023

Have you ever found yourself drowning in a sea of sticky notes at the end of the workday, trying to piece together how you spent your time? Well, we’ve got some good news: there is a solution, and it’s legal time-tracking software. But what exactly is it, and how can it transform the way you manage your law practice?

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Rocket Matter

NOVEMBER 14, 2023

But that’s just the big-picture-30,000-foot-view benefit of time-tracking software for attorneys. Save time and resources This may be the most important benefit of time-tracking software. This may lead to the insight that they are spending too much time on client phone calls or not enough time taking breaks.

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Rocket Matter

JANUARY 9, 2024

In short, you need it to maintain a positive client relationship. Here are six strategies to keep your time-tracking client-centered. 1. But these (excellent) reasons aren’t the only reasons to time track. If attorneys use the same time entry labels for tasks, it will be clearer to clients.

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Rocket Matter

MAY 30, 2023

It also has to consider production costs, equipment, office space, overhead, and other expenses. Three ways time and expense tracking software can help define your billable rate To get the correct billable rate, you’ll need to work with the right data. That’s where time and expense tracking software comes in.

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Rocket Matter

OCTOBER 3, 2023

The dilemma is this: you want to track your hours accurately, but you don’t want to have to put in extra work for it. It can seem overwhelming to have to jot down every minute of client time, but, alas, if you don’t, you’ll be in an even bigger hole. Automatic time tracking improves your firm’s profitability.

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Rocket Matter

OCTOBER 24, 2022

It’s about helping your employees focus on the tasks at hand to make the most of their time. Your attorneys and legal staff will be able to spend more time on what matters, like project work and client matters—and less on busy work. . If this feels overwhelming, start small by reviewing how you spend your time for a week.

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Rocket Matter

AUGUST 8, 2023

Except, here’s a secret you can steal from larger businesses: billing and invoicing don’t have to be a time-intensive manual process. You can use legal practice management technology to transform your process, eliminating pain points. you can spend more of your time focusing on case matters. Download free guide 3.

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Rocket Matter

OCTOBER 31, 2023

Are you a busy legal professional haunted by the specter of the billable hour, questioning what counts and unsure of how best to track your time? Billable hours are the time during which attorneys work on tasks related to clients’ cases. What is a billable hour? Did the task help to meet a client’s needs in some way?

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Rocket Matter

MAY 16, 2023

So let’s avoid all that mess, and take a look at how NOT to bill time for clients. Watch out for these five common time and billing mistakes Lawyers often focus so much on billable hours that the non-billable administrative tasks may fall by the wayside. Your clients and your accounting team will thank you!

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Rocket Matter

MARCH 21, 2023

Just about everyone wishes they had more time—and this is especially true in the legal profession, where endless to-do lists are the norm and work lives can spill over into personal time. An unmanaged workload, though, can lead to serious burnout and missed deadlines. Consider how you’re creating your to-do lists.

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Rocket Matter

APRIL 4, 2023

But it’s one thing to know how and why you want to prioritize your clients, and another to find time in the day to actually make it happen. If you find yourself spending more time on administrative tasks than on nurturing client relationships, it may be time to test out the “lean” business methodology. What is “lean” law methodology?

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Rocket Matter

DECEMBER 26, 2023

Artificial Intelligence that works for you If you had a nickel for every time someone talked about AI… well, you wouldn’t have to work ever again. ChatGPT was released to the public at the end of 2022, but it took the business world by storm in 2023. Understandably, many lawyers are cautious about ChatGPT and other AI tools.

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Rocket Matter

JANUARY 23, 2024

You might not think of billing as a way to delight your clients, but it’s time to give it a bit of a rethink. A legal-specific time-tracker will allow you to label your tasks while they’re in progress. in 2022), it’s the right time to look at your current rates and see if you’re charging enough to remain profitable.

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Lawmatics

DECEMBER 5, 2023

In turn, lawyers can use legal tech to automate routine tasks, work more efficiently, and devote more time to complex work. But it must be the right legal tech. The legal industry contains numerous tech solutions that address a single aspect of legal practice, e.g., document management, timekeeping, or billing.

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Rocket Matter

JUNE 6, 2023

But with secure file-sharing and eSignature software , you don’t need to choose between convenience and security. Why you should care about your firm’s digital security Let’s just rip off the bandaid: the average cost of a data breach globally in 2022 was $4.35 In 2022, they agreed to a $1.95

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Rocket Matter

MAY 9, 2023

Greater convenience A 2022 survey found that nearly 90% of consumers use some form of digital payment regularly. And at a law firm, time is quite literally money. On the attorney side, automated invoicing and payment processes make it much easier to track expenses and billable hours.

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Rocket Matter

JANUARY 17, 2023

Still, getting side tracked by miscommunications, incorrect data entry, and other issues is inevitable when you’re clicking through multiple tabs to manage one case. . The more of these distractions you can eliminate from your case management process, the more likely your legal matters are to stay on course. . Five times?

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Lawmatics

FEBRUARY 6, 2024

Some examples of legal tech tools include legal accounting software, document automation, and appointment scheduling systems. How big is the legal tech industry? The legal tech market is vast and growing by leaps and bounds — in 2022 alone, the global legal tech market was valued at $23.45

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