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Efficiency and precision are the hallmarks of legal billingsoftware. But while most legal billingsoftware can help you accomplish these goals, top-of-the-line legal billing tools go above and beyond with a comprehensive suite of features that transform the way your legal professionals handle your law firm billing.
If you dont know where to start, here are a few tips for tidying up your billing and conducting a financial review. Download free guide Why a year-end review matters for your law firm Your financial health checks go beyond tallying income and expenses. Modern firms need modern billingsoftware.
Download free guide 4. Describe your time spent in detail No one wants a client disputing their bill. Download free guide Related Resources How to Increase Your Profits with Rocket Matter Lawyers in firms of all sizes struggle to finish the work for the day in a reasonable amount of time.
Download free guide 5. Download free guide 6. Improve Matter Management Matter management refers to the way you organize, track, and handle legal cases. Without a structured system, you risk missing deadlines and losing documents with the result being a tarnished reputation and a whole lot of frustrated clients.
Download free guide 3. Use an integrated billing and accounting system When you’re short on time, the last thing you need is two systems that don’t talk to each other. Demystifying the Billable Hour: How to Right-Size Your Rates With prices rising so much over the last year (global inflation is forecasted at 8.8%
This data-driven approach transforms billing from an administrative necessity into a strategic tool that grows your practice. Beyond solving these immediate problems, modern invoice management for real estate law firms transforms billing from an administrative burden into a strategic advantage for your practice.
Download free guide Entry descriptions Whatever software you use to track billable hours, when you label your task, pay at least a little bit of attention to what you write. That’s because with legal management software, your time-tracking will be automatically integrated with invoice creation.
Pros and Cons of Incorporating Apps into Your Law Firm Perhaps you are a solo practitioner who has been taking on more and more clients, and you’re finding yourself increasingly overwhelmed by the complex logistics of tracking your billing and case notes. Before you hit that “download” button, evaluate these pros and cons.
Pros and Cons of Incorporating Apps into Your Law Firm Perhaps you are a solo practitioner who has been taking on more and more clients, and you’re finding yourself increasingly overwhelmed by the complex logistics of tracking your billing and case notes. Before you hit that “download” button, evaluate these pros and cons.
Use billingsoftware 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. Legal project management software is specifically designed to make it easier to run a law firm. Download free guide 2.
Rocket Matter’s legal billingsoftware can automatically process multiple invoices at once (even while you’re working on another project), complete with LEDES billing codes and customizations that include your law firm’s logo, fonts, and colors. CALL OUT}} Ready to master your law firm’s time and billing? Online payments.
Download free guide 1. 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 billingsoftware, clients can keep their cards on file. Start accepting payments online! Start accepting payments online!
Download free guide Establish accurate fees and rates Law firms that offer fee structures beyond the billable hour need to know how much time is required for each project type. Demystifying the Billable Hour: How to Right-Size Your Rates With prices rising so much over the last year (global inflation is forecasted at 8.8%
Download free guide Related Resources How to Increase Your Profits with Rocket Matter Lawyers in firms of all sizes struggle to finish the work for the day in a reasonable amount of time. Start accepting payments online! On your quest for the right payment processor, look for features that streamline and support the way law firms operate.
Download free guide Five great reasons to track matter costs Whether matter costs are hard or soft, you’ll want to track them closely. Download free guide Related Resources How to Increase Your Profits with Rocket Matter Lawyers in firms of all sizes struggle to finish the work for the day in a reasonable amount of time.
Download free guide What are automated time trackers, and why do they matter? For example, Rocket Matter’s automated time trackers are integrated with their legal practice management and billingsoftware. in 2022), it’s the right time to look at your current rates and see if you’re charging enough to remain profitable.
Set clear budgets for each matter, and then download the reports to monitor whether sticking to those budgets for each case. Invoicing and billingsoftware. With invoicing and billing, you want to implement systems to check your accounts receivable and ensure that it never grows too high.
Download free guide Don’t compromise on legal detail If you’re using the Legal Electronic Data Exchange Standard (LEDES) , you’ll need those codes in an invoice for certain clients. These codes need to be precisely applied, so make sure your legal billingsoftware has the option to enter LEDES codes as you record time.
Download free guide 4. Just as tedious without a tech solution is sending individual invoices to multiple clients. The solution to both problems is time-tracking software integrated with billingsoftware that can process and convert billable hours and tracked expenses into invoices with just a few clicks.
Download free guide 3. How does the payment processor affect your billing workflow? Choose accounting and billingsoftware that "talks" to your payment processor to avoid having to enter the same information more than once, which can lead to mistakes. Download free guide Start accepting payments online!
Rocket Matter’s legal billingsoftware , for instance, offers automated invoicing, reminders, and secure payment options. What You Should Do Before Buying Legal Practice Management Software Follow these steps to figure out what you need before buying any legal practice management software. Download free guide
Download free guide Related Resources How to Increase Your Profits with Rocket Matter Lawyers in firms of all sizes struggle to finish the work for the day in a reasonable amount of time. Start accepting payments online! On your quest for the right payment processor, look for features that streamline and support the way law firms operate.
Download free guide The benefits of time-tracking software So what’s the secret behind this software? It goes beyond tracking time. Download free guide in 2022), it’s the right time to look at your current rates and see if you’re charging enough to remain profitable.
Download free guide 2. There are just certain things in life that you wouldn’t, even couldn’t, do without a little research and background information. Running a legal practice is definitely one of those things. Running a legal practice is definitely one of those things.
Download free guide Related Resources How to Increase Your Profits with Rocket Matter Lawyers in firms of all sizes struggle to finish the work for the day in a reasonable amount of time. And happy clients are more likely to return and refer others, further boosting your firm’s reputation and bottom line. Start accepting payments online!
Download free guide 4. Download free guide Related Resources How to Increase Your Profits with Rocket Matter Lawyers in firms of all sizes struggle to finish the work for the day in a reasonable amount of time. 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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