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If you dont know where to start, here are a few tips for tidying up your billing and conducting a financial review. 12 Legal Payment Processing Features to Look For Want to see a healthier cash flow and happier clients? Making the switch to an integrated legal payment solution makes this process even more convenient.
Download free guide 5. Improve Matter Management Matter management refers to the way you organize, track, and handle legal cases. Download free guide 6. If the process is bumpy, they may go elsewhere for the legal support they need.
With automated time trackers, legal professionals can track time quickly and easily, whether they’re in the office or at the courthouse. Download free guide 4. Describe your time spent in detail No one wants a client disputing their bill. This delays collections and eats into billable hours.
It’s important to know the capabilities of each processor, which is right for you, and which will save you time and money (and potentially, your firm’s caboose). 12 Legal Payment Processing Features to Look For Want to see a healthier cash flow and happier clients? Start accepting payments online! Start accepting payments online!
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%
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.
Running a legal practice is definitely one of those things. Download free guide Five great reasons to track matter costs Whether matter costs are hard or soft, you’ll want to track them closely. Running a legal practice is definitely one of those things. Here’s why: 1.
12 Legal Payment Processing Features to Look For Want to see a healthier cash flow and happier clients? 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. Start accepting payments online! Schedule a demo today!
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. In practice, this means legal staff only has to review invoices for accuracy (not assemble them painstakingly each 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.
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 legalbillingsoftware has the option to enter LEDES codes as you record time.
Download free guide 4. You jot down the time on a trusty legal pad or sticky note. 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.
More useful posts: 9 Reasons Why LegalCRM Takes Your Law Firm To The Next Level Top 8 Technologies to Help You Run a Paperless Law Office Why is Online Legal Payment Processing a Must for Your Law Firm 12 Legal Payment Processing Features to Look For Want to see a healthier cash flow and happier clients?
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.
Running a legal practice is definitely one of those things. Download free guide 2. Running a legal practice is definitely one of those things. There are just certain things in life that you wouldn’t, even couldn’t, do without a little research and background information.
12 Legal Payment Processing Features to Look For Want to see a healthier cash flow and happier clients? 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!
Download free guide 4. Just as no one wants a $6,000 bill from the hospital that just says “tests,” no one wants a $6,000 bill from their lawyer that just says “casework.” Schedule a demo with Rocket Matter or start your free trial to see just how easy and accurate billing can be when you have the right tools in hand.
Ensure your letter adheres to all relevant laws to avoid potential legal repercussions for your firm. Leverage Industry-Specific Tools Using tools tailored for the legal industry can greatly enhance your debt collection process. Download free guide
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