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How to Grow Your Law Firm: 10 Strategies for Sustainable Success

Rocket Matter

Big tech changed the game in how we run our everyday lives, so stay up to date with the latest available software solutions to keep clients happy. Get free e-book If youve been proactively working to grow your law firm , you know firsthand that the road to business success is fraught with challenges.

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Clio Identifies Small Efficiencies That Can Add Up Big for Law Firm Revenue

Legal Tech Monitor

Law firms looking to improve collection rates should consider online billing and payment options, according to new data from Clio’s 2023 Legal Trends Report. This means the average legal professional is earning almost three-quarters more revenue for their firm in 2023 than in 2016. as well as a survey of 1,446 U.S.

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Law Firm Economics: The Complete Guide

Clio

Make sure to clearly record your fixed and variable expenses as part of your law firm’s budget so that you have a clear view of all outgoing cash. Be flexible with in-person and virtual meetings , adopt an e-signature solution , and offer online payment solutions for fast and easy invoice payments.

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The Tax Season Survival Guide for Law Firms

Lawmatics

In addition, the tax practitioners they work with must understand the specific accounting and tax concerns that lawyers and law firms have. “ “ Today, it takes more brains and effort to make out the income tax form than it does to make the income. ” — Alfred E. The filing deadline for the 2022 tax year is April 18, 2023. Late filings.