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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. . So let’s kick inefficiency to the curb as we wind up 2022 and prepare for your most efficient—and profitable and engaged—year by following these do’s and don’ts in 2023. . Legal billing .
While many law firms require that their attorneys work a mandatory number of billable hours (the time clients pay for directly) per week, that isn’t the extent of a lawyer’s workload. Additional responsibilities include travel, research, clientintake and communication, and catching up on a constant backlog of administrative tasks. .
In 2023, two New York attorneys learned this lesson the hard way. Optimize ClientIntakeClients expect a smooth, frictionless experience when connecting with your firm. Rocket Matters legal CRM solution for law firms includes all the tools you need to provide a seamless intake experience. Download free guide 6.
For example, if you’re sticking with your existing system for clientintake instead of using a solution that allows you to drastically reduce time spent on intake, appointment bookings, and creating engagement letters, you could be leaving money on the table.
Technology in Law Firms: A Shifting Landscape Small law firms actively invested in technology integration to streamline operations, strengthen security, and satisfy rising client service expectations, according to The 2023 State of U.S. Small Law Firms Report.
Managing cash flow Financial risks, such as client non-payment or unexpected expenses, can destabilize a law firm’s finances, resulting in unstable law firm economics. Implementing legal billingsoftware solutions can help automate repetitive legal tasks and keep firms operating efficiently to minimize unrealized billable hours.
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