Lawmatics

FEBRUARY 22, 2024

Legal billing software is a type of legal software designed specifically for law firms and legal professionals to manage and automate the process of billing clients for legal services. Legal billing software for small firms streamlines the billing workflow, making it easier, more efficient, and accurate.

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Lawmatics

FEBRUARY 15, 2024

Legal billing software for small firms is now widely available for varying prices, and artificial intelligence (AI) tools exist to create legal documents. This blog post will explore the costs of these tools, as well as how to properly leverage legal software and AI to streamline legal billing.

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Lawmatics

JANUARY 18, 2024

Legal billing is a fundamental aspect of the legal profession that ensures fairness, transparency, and accountability in financial transactions between attorneys and their clients. Legal software facilitates fair and accurate billing and plays a crucial role in supporting prompt payment for the delivery of quality legal services.

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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

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. Losing that level of billable hours amounts to thousands of dollars per attorney, per week, for your firm (a.k.a.

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Rocket Matter

JANUARY 2, 2024

For small and solo law firms, time isn’t just valuable—it’s billable. Yet too many firms are still traveling back in time to do it the “analog” way, leading to inefficiency, lost hours, and ultimately less revenue. Enter Rocket Matter’s Legal Time-Tracking Revolution , powered by Rocket Matter Track.

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CaseFox

MAY 30, 2023

Time is crucial for lawyers, not just offering top-notch legal services but a proper understanding of time tracking is also an essential aspect of the lawyer’s profession. Time tracking plays a significant role in the law profession. It helps lawyers fairly bill their clients and maintain transparency.

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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

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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Clio

AUGUST 7, 2024

Billing is critical to the success of your law firm. And yet law firm billing, including billing clients and chasing down payments, can be one of the most repetitive, dreaded, and time-consuming parts of any lawyer’s day. Billable time and disbursement fees/expenses are logged throughout the case.

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Rocket Matter

SEPTEMBER 5, 2023

Attorneys receive (and hopefully hang onto) a receipt or invoice for these costs. They’re related to tangible items, so it’s reasonable to bill your client for these costs. These are those “sneaky” expenses that aren’t quite as easy to track because you won’t always receive receipts for them. Here’s why: 1.

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CaseFox

MAY 31, 2023

The traditional law firm billing process requires a lot of time and resources. For most firms, the traditional law firm billing process involves the following steps: Firstly, the firm takes on a new client and opens a fresh case. The firm then creates a final invoice with all the details and bills for the client.

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CaseFox

MAY 24, 2023

One essential tool in this process is the attorney billing statement. In this blog post, we will guide you through the process of creating a well-crafted billing statement. Understanding the Components of an Attorney Billing Statement: To create an effective billing statement, it’s important to understand its components.

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NSLT

JULY 12, 2016

5 Time Tracking Apps to Boost Billable Hours When attorneys, paralegals and staff wait until the end of the day, week, or month to start tracking their time it’s much like a puzzle attempting to get all of the pieces in order. Read the Article: Here

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NSLT

JULY 12, 2016

5 Time Tracking Apps to Boost Billable Hours When attorneys, paralegals and staff wait until the end of the day, week, or month to start tracking their time it’s much like a puzzle attempting to get all of the pieces in order. Read the Article: Here

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Law Technology Today

OCTOBER 2, 2023

According to the 2022 Legal Trends Report , attorneys spend a mere 2.6 Understanding Double Billing In the legal realm, double billing occurs when an attorney invoices two or more clients at their full rate for work performed during the same time frame. hours out of an eight-hour workday on billable tasks.

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Rocket Matter

DECEMBER 29, 2022

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. Fortunately, Rocket Matter is here to help you take the guesswork out of time and billing with these essential features every law firm needs in 2023.

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Clio

DECEMBER 4, 2024

times more backlinks than the pages ranking in positions #2 through #10. Key elements of a successful link building strategy for attorneys A successful link-building strategy for your law firm starts with securing high-quality backlinks. According to a 2023 study by Backlinko , the #1 result in Google search results has, on average, 3.8

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CaseFox

JUNE 20, 2023

Time-Management-Tips-For-Lawyers-Boosting-Productivity-In-The-Digital-Age-1 Are you a lawyer looking for a get more billable hour, if the answer is yes? Then you have to build a critical skill in time management. Time management for lawyers can increase productivity and help them succeed.

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CaseFox

JUNE 12, 2023

Lawyer burnout or attorney burnout may result in chronic exhaustion, stress and reduce the efficiency of professionals. They are emotionally drained most of the time. Lawyers and attorneys can feel detached from work, and they may experience a lack of enthusiasm. Lawyer burnout gradually builds up over time.

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NSLT

JANUARY 2, 2017

TimeSolv Time Tracking And Billing Software TimeSolv is cloud-based time tracking and billing software designed for lawyers.1 1 For a firm of any size, TimeSolv can ease the pain and tedium of time and expense tracking. Read the Article: Here Learn More About TimeSolv: Here

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NSLT

JANUARY 2, 2017

TimeSolv Time Tracking And Billing Software TimeSolv is cloud-based time tracking and billing software designed for lawyers.1 1 For a firm of any size, TimeSolv can ease the pain and tedium of time and expense tracking. Read the Article: Here Learn More About TimeSolv: Here

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CaseFox

AUGUST 22, 2023

This is the most common example that we can take to understand double billing. If you are a lawyer or attorney who struggles with double billing, this blog can be helpful for you. As further in this blog, we will explore what double billing is. What Is Double Billing In Law? This is called time duplication.

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CaseFox

JULY 9, 2023

When you are offering legal services, it is important to know what your time is worth. Time plays a crucial role in the legal profession. Some may charge fixed monthly fees, or flat fees for specific services, and others may choose attorney hourly rates. Lawyers charge on the basis of time spent during the service.

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Lawmatics

MAY 2, 2024

Integration: Integration with other software systems commonly used in law firms, including case management software, customer relationship management (CRM) systems, or billing software, is another valuable feature of legal intake software. What is the Purpose of an Intake Software?

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Centerbase

JUNE 12, 2024

Payments-related challenges law firms face today The ability to get paid on time requires efficient processes and software to support them — timekeeping for billable hours, effective billing templates, accurate billing cycles, and the list goes on. Embedded payments can: Streamline billing and payment workflows.

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Lawmatics

JULY 7, 2023

Time and expense tracking. Legal time tracking software provides an accurate and efficient way to track your time, whether you bill hourly, fixed fee, or contingency. Billing management. Most discovery is now electronic and relies on technology to streamline the eDiscovery process.

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Centerbase

OCTOBER 17, 2024

However, technology is best utilized when the full power of software is applied to maximizing potential revenue streams. Let’s examine how technology can enhance law firm profitability by improving time tracking, managing billing, and providing actionable insights into the firm’s financial health.

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Clio

AUGUST 3, 2023

In the following post, we’ll outline the basics of double billing in law—and stress why attorneys should be able to recognize and avoid the unethical practice. We’ll also look at some common ways that double billing can occur for lawyers, whether intentionally or inadvertently. What is double billing?

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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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Legal Talk Network

JULY 16, 2024

In fact, research indicates that about 80% of attorneys base critical business decisions on intuition rather than data. It’ll cost whatever our rate is times the number of hours it takes us. While intuition and experience are valuable, relying solely on them can lead to missed opportunities and poor financial outcomes.

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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. The legal industry contains numerous tech solutions that address a single aspect of legal practice, e.g., document management, timekeeping, or billing. Time tracking and billing.

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Rocket Matter

NOVEMBER 29, 2022

This is the time of year when law firms start charting their plans for the new year. But unless you base your planning on actionable data, you risk wasting time. However, consumer realities are a shifting landscape, and so it’s common to have to adjust aspects of your sales funnel from time to time. Gearing up for 2023?

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MatterSuite

JULY 22, 2023

This integration allows clients to make payments easily, access payment history, and receive real-time updates on their transactions. Law firms must familiarize themselves with rules governing attorney-client trust accounts and comply with fee agreements and disclosure requirements.

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Rocket Matter

JULY 29, 2024

Learn how big tech has changed the legal industry Free Guide The Small Firm’s Guide to Big Tech While any change in how you operate your law office can feel overwhelming, there’s never been a better time to start migrating your office structures online. A streamlined AR process can significantly transform the operations of a law firm.

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Rocket Matter

AUGUST 22, 2022

With greater profitability, you’re able to give your attorneys and legal staff the tools they need to deliver standout client service, attract exceptional talent, and scale your practice. When employees miscommunicate, time and money are lost. If you’re organizing matters by Post-It notes on your desk, it’s time to level up.

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CaseFox

JUNE 15, 2023

Lawyers and attorneys find themselves juggling with too many tasks at hand. The best project management software can revolutionize the process and ensure a successful outcome for lawyers. This technology saves time for lawyers and firms, enabling them to prioritize critical legal work rather than administrative tasks.

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