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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Rocket Matter

DECEMBER 16, 2024

Trust accounting is vital for regulatory compliance and client trust. Modern billing automates these processes so you can focus on what youre good at, which is being a legal professional. Trust accounting compliance It goes without saying that mishandling trust accounts can lead to serious compliance issues.

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CaseFox

APRIL 2, 2023

Proper law firm accounting methods not only ensure compliance with legal and regulatory requirements but also provides insights into the financial health of the firm. Time and Billing Law firms typically bill clients on an hourly basis, which means accurate timekeeping is critical.

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Centerbase

MARCH 31, 2025

Managing a law firm requires more than overseeing cases and delegating tasksit demands a strategic approach that balances client expectations, regulatory compliance, and operational efficiency. This includes financial management, client communication, human resources, compliance, marketing, and technology integration.

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Law Technology Today

SEPTEMBER 1, 2023

Law firms can fulfill these demands with the right legal practice management software. Maintaining IOLTA trust compliance and segregating earned and unearned funds are central to the best legal billing software. Protecting client data is non-negotiable, and PCI compliance is key.

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Rocket Matter

SEPTEMBER 24, 2024

This transparency helps reduce disputes over billing by clearly outlining what each charge covers. Compatibility One of the strongest aspects of LEDES billing is its compatibility with various e-billing software solutions.

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Clio

MARCH 31, 2025

And with Clio Accounting , you can manage all of your firms bank accounts in one spot, manage trust account transactions, and conduct three-way trust reconciliation to help ensure compliance.

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CaseFox

MAY 31, 2023

There is ample scope for improvement in this regard, and incorporating legal billing software can accomplish these essential improvements. How Online Payments Can Be Game-Changing For Law Firm Billing Process? It not only ensures compliance with legal and ethical obligations but also provides top-notch payment security.

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Lawmatics

APRIL 2, 2024

Choosing the best legal software for business billing depends on various factors such as the size of the firm, specific needs, budget, and preferences. Fortunately, comprehensive legal billing software for small firms can track billable hours, generate invoices, and manage client accounts efficiently.

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CaseFox

JUNE 8, 2023

Its benefits, potential pitfalls, and how CaseFox, a leading legal billing software , can be helpful in lawyers texting clients. Most legal management and billing software solutions have texting features. The proper keeping of all the records ensures compliance with legal and ethical requirements.

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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.

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MatterSuite

JULY 29, 2024

Integration: Update your billing software to include UTBMS code fields for each billable activity. Training: Educate staff on the importance of UTBMS codes and how to use them correctly in daily billing procedures. Illustrate how these codes enhance accurate billing and compliance through real-life examples.

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MatterSuite

JULY 29, 2024

Integration: Update your billing software to include UTBMS code fields for each billable activity. Training: Educate staff on the importance of UTBMS codes and how to use them correctly in daily billing procedures. Illustrate how these codes enhance accurate billing and compliance through real-life examples.

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MatterSuite

NOVEMBER 6, 2023

Overlapping Matters: Lawyers working on multiple cases simultaneously may inadvertently bill the same research or tasks to different clients if not vigilant. Inadequate Billing Software: Outdated or inadequate billing software may lack features that prevent or detect double billing, leaving firms vulnerable to errors.

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MatterSuite

NOVEMBER 6, 2023

Overlapping Matters: Lawyers working on multiple cases simultaneously may inadvertently bill the same research or tasks to different clients if not vigilant. Inadequate Billing Software: Outdated or inadequate billing software may lack features that prevent or detect double billing, leaving firms vulnerable to errors.

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Rocket Matter

AUGUST 15, 2023

If you attribute expenses to the wrong client, you open yourself up to compliance violations. Use billing software with integrated time and expense tracking Accurate time and expense tracking is critical to getting paid accurately for your work, stay in compliance, and build trust with clients.

Law firm 52

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MatterSuite

JULY 9, 2024

Imagine a world where your in-house legal team can predict litigation outcomes, automate tedious document reviews, and ensure compliance with evolving regulations—all while cutting costs and boosting efficiency. These platforms use AI to analyze contracts, identify risks, and ensure compliance.

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MatterSuite

JULY 9, 2024

Imagine a world where your in-house legal team can predict litigation outcomes, automate tedious document reviews, and ensure compliance with evolving regulations—all while cutting costs and boosting efficiency. These platforms use AI to analyze contracts, identify risks, and ensure compliance.

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Rocket Matter

OCTOBER 3, 2023

What’s more, it doesn’t connect to your practice management or billing software, creating a silo of information. Excel sheets : Easier to organize than calendar entries, Excel sheets are a faster way to track and count billable hours. Automatic time tracking improves your firm’s profitability.

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MatterSuite

JULY 22, 2023

Law firms must consider factors such as regulatory compliance, data security, confidentiality, and integration with their practice management software. To ensure a seamless payment experience, integration with the firm’s website and practice management software is essential.

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Rocket Matter

OCTOBER 12, 2023

Non-compliance. When you use a legal payment processor alongside your practice management software, your clients can pay invoices directly from their phones. Lack of integration. It’s common for payment processors to take a cut of the money being paid, which is not legal-friendly.

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Rocket Matter

DECEMBER 29, 2022

Therein lies the rub: inaccurate time tracking leads to inaccurate billing, which can severely damage your law firm’s reputation, client relationships, and profitability. What’s more, it could even be a compliance violation. According to rule 1.5 of the ABA , lawyers are not permitted to collect unreasonable fees for expenses. .

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Lawmatics

DECEMBER 7, 2023

Document management software: Focuses on organizing and storing legal documents securely, often with version control and collaboration features. Case management software: Manages and tracks the details of legal cases, including key dates, contacts, and case-related documents.

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Rocket Matter

MARCH 11, 2025

Rocket Matter is designed specifically for legal professionals and has built-in safeguards to promote compliance. One of the biggest mistakes legal professionals can make is over-relying on a platform that wasnt built for the legal industry.

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Rocket Matter

DECEMBER 21, 2022

To err is human, but legal-specific billing software can identify common billing errors before invoices are sent, helping firms avoid costly invoice rejections. . While having extra hands on deck can be helpful, legal technology is helping firms with lower headcounts get paid. .

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Rocket Matter

AUGUST 29, 2023

And with integrated billing software, law firms can send invoices with secure links for online payment. And with integrated billing software, law firms can send invoices with secure links for online payment. Less work for your team. Less work for your clients. It’s a productivity boost for everyone involved.

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Rocket Matter

FEBRUARY 6, 2024

Electronic billing gets to your clients instantly, and it’s much easier for clients to pay their invoices immediately upon receipt. Plus, with a client portal through your legal billing software, clients can keep their cards on file. You don’t regularly review billing and invoicing reports Information is power.

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Billing software Time-tracking Law firm Software 52

Centerbase

JUNE 12, 2024

Using the pre-bill feature within Centerbase, she now saves a minimum of three days each month on billing alone. Security and compliance. Automated workflows. Save your firm time with a payments system that automatically creates payment and deposit records and generates client receipts.

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Lawmatics

DECEMBER 5, 2023

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. These platforms prioritize data security and compliance with legal and ethical standards to protect sensitive client information.

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CaseFox

JULY 31, 2023

Verify Compliance and Legal Requirements It is important for law firms to adhere to ACH compliance for accepting online payments. Before setting up ACH Payments for law firms, make sure they are in compliance with legal and regulatory requirements. They can also be prepared for any unforeseen conditions.

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Rocket Matter

JULY 11, 2023

For example, Rocket Matter’s automated time trackers are integrated with their legal practice management and billing software. So unless you want to risk a breach in compliance with the American Bar Association, your firm should make sure that you’re accurately tracking and accounting for each billable hour. 4.

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Rocket Matter

JANUARY 17, 2023

Recurring billing . IOLTA trust compliance . Our built-in payment processing platform has everything you need to increase your collections rate and lower your accounts receivable (AR). Its robust features include: . Online invoicing . Payment plans . The ability to store a card for auto-withdrawals .

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Rocket Matter

SEPTEMBER 11, 2024

Stop getting ghosted on Net 30 and collect every billable hour with R ocket Matter Pay , the integrated online payment system for law firms that works seamlessly with Rocket Matter’s legal practice management software. Legal billing must fall within these guidelines, which vary greatly depending on the city or state where you practice.

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MatterSuite

SEPTEMBER 27, 2023

Data Security and Compliance: The legal profession demands the utmost confidentiality and data security. These tools help law firms maintain compliance with industry regulations and maintain client trust. Data Management and Compliance: Ensure your law firm’s data adheres to industry regulations and is effectively managed.

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Law firm Time-tracking Law Law 52

MatterSuite

SEPTEMBER 27, 2023

Data Security and Compliance: The legal profession demands the utmost confidentiality and data security. These tools help law firms maintain compliance with industry regulations and maintain client trust. Data Management and Compliance: Ensure your law firm’s data adheres to industry regulations and is effectively managed.

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Law firm Time-tracking Law Law 52

Rocket Matter

SEPTEMBER 5, 2023

Without them, you might run into compliance violations Law firms must provide itemized bills to clients upon request. Thus, when expense tracking records are incomplete, you’ll inevitably undercharge your clients—and wind up with underwhelming revenue, too. 3.

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Lawmatics

FEBRUARY 13, 2024

Here are some common types of software used by lawyers today: Client intake software: Legal client intake software streamlines the process of attracting leads, following up with them, engaging them, setting up a consultation, and ultimately securing and onboarding them as paying clients.

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