Rocket Matter

OCTOBER 12, 2023

Not only that, but the common online payment processors are not compliant with ABA and IOLTA guidelines, which is make-or-break for a law firm. The point is, when it comes to payment processors for law firms like yours, not all payment processors are created equal. Start accepting payments online!

Time-tracking 92

Time-tracking Legal CRM Practice management Law firm 92

Rocket Matter

OCTOBER 3, 2023

Why the billable hour matters Reports state that many attorneys bill between 1,700 and 2,300 hours per year , so not tracking all your time accurately can lead to tens of thousands in lost revenue. Second, law firms track the billable hours of each attorney. However, it can be hard to keep organized and prone to errors.

Time-tracking 97

Time-tracking Lawyer Due diligence Software 97

Lawmatics

MAY 2, 2024

Legal client intake software is a type of technology specifically designed to streamline the process of collecting information from clients or potential clients in the legal industry. What is Intake Software Used For? What is the Purpose of an Intake Software? What is the Most Popular Legal Software?

Software 52

Software Client Intake Document management Billing software 52

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.

Law 52

Law Law Time-tracking Law firm 52

Rocket Matter

FEBRUARY 6, 2024

Many lawyers find themselves dealing with issues they didn’t cover in law school, like client billing and invoicing. Some processes, such as billing and payments, are more troublesome than others. Let’s look at some common issues that law firms encounter in receiving on-time client payments. Download free guide 1.

Billing software 52

Billing software Time-tracking Law firm Software 52

Rocket Matter

JANUARY 23, 2024

Customize Consistent use of elements like logos and color can increase brand recognition by 80%. Pick an invoice template incorporating your law firm’s colors, fonts, and logo and customize it with your brand assets. The fact is that even the best-run law firms need to adjust their processes occasionally.

Law firm 52

Law firm Time-tracking Law Law 52

Rocket Matter

AUGUST 29, 2023

OK, that’s going way back.) New tools and technologies are emerging every day that provide law firms with advantages and opportunities. How automatic time tracking boosts profitability Automated time trackers are an integrated tool within Rocket Matter’s practice management software. That’s where automated time trackers come in.

Time-tracking 52

Time-tracking Billing software Practice management Mediator 52

Rocket Matter

SEPTEMBER 5, 2023

Even the soft costs of each legal matter need to be calculated to ensure your rates cover the cost of doing business (and then some). 2. They allow you to bill clients accurately When it comes to your law firm’s finances, every dollar counts. But no client will give you a dime if they feel their invoice doesn’t add up.

Time-tracking 98

Time-tracking Software Practice management Attorney 98

Rocket Matter

APRIL 25, 2023

Frequently used in traditional business settings, the client lifecycle concept can help law firms understand how they find and build loyal client relationships. Ultimate Guide to Law Firm Business Intelligence Are you sure about running a law firm without regularly analyzing performance data? What is the client lifecycle?

Client Intake 52

Client Intake Time-tracking Law Law 52

Lawmatics

JULY 7, 2023

One way is through law firm automation. What Does Automation Mean in Law? Automation involves the creation of computer software and automated systems that can complete repeatable processes and reduce the need for human intervention. Legal workflows. Billing management. Automation is transforming the law profession.

Time-tracking 52

Time-tracking Client Intake Document automation Software 52

Lawmatics

DECEMBER 5, 2023

Web-based case management systems help law firms organize information and data related to cases. 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. How Big is the Legal Tech Industry?

Legal tech 52

Legal tech Legal tech Client Intake Time-tracking 52

Rocket Matter

OCTOBER 17, 2023

Well, we’ve got some good news: there is a solution, and it’s legal time-tracking software. But what exactly is it, and how can it transform the way you manage your law practice? This real-time record enhances accuracy and frees up valuable time so you can focus on what you do best: practicing law.

Time-tracking 52

Time-tracking Software Law firm Law 52

Rocket Matter

JULY 11, 2023

We’re not talking about rates, pro bono policies, or any other conscious decision that law firms make regarding what they charge. We’re talking about the unintentional ways that law firms decrease their profits via lost billable time. Get free guide How to Master Your Law Firm’s Time and Billing Lawyers have a heavy workload.

Time-tracking 65

Time-tracking Practice management Law firm Legal CRM 65

Lawmatics

FEBRUARY 6, 2024

Several factors contribute to the industry's growth: Efficiency and cost savings: Legal tech solutions promise increased efficiency, automation of routine tasks, and significant cost savings for law firms and legal departments. Increased complexity: Legal work has become more complex and data-driven.

Legal tech 40

Legal tech Legal tech Billing software Document automation 40

Lawmatics

FEBRUARY 13, 2024

Billing and timekeeping software: Time and billing software automates each step of the billing process and helps lawyers track billable hours, generate invoices, and manage financial transactions. The choice of software depends on the specific needs and preferences of each law firm or legal professional.

Lawyer 52

Lawyer Client Intake Time-tracking Document automation 52

Rocket Matter

NOVEMBER 7, 2023

Firms increasingly see a tech spend as essential to their budget—a 2022 study by Bloomberg Law found that 48% of legal professionals say their organizations had increased their overall tech spend in the prior 12 months. Get free guide How to Master Your Law Firm’s Time and Billing Lawyers have a heavy workload.

Time-tracking 52

Time-tracking Lawyer Software Legal CRM 52

Rocket Matter

SEPTEMBER 11, 2024

When law firms don’t have integrated software systems that work together, it’s easy to lose profits in the cracks. Challenges of traditional legal billing Amongst the professional services sector, law firms have some of the most specific requirements for compliance. Start accepting payments online!

Time-tracking 52

Time-tracking Practice management Compliance Law firm 52

Lawmatics

JULY 2, 2024

Client intake in a law firm is an important process for onboarding new clients. Client intake software is technology used by businesses and organizations to streamline the client intake process by collecting information from clients. What is client intake in law? Conflict check. Initial consultation.

Client Intake 40

Client Intake Software Time-tracking Legal software 40

Rocket Matter

AUGUST 8, 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.

Lawyer 52

Lawyer Practice management e-records Billing software 52

Rocket Matter

MARCH 12, 2024

Enhanced security protocol It’s only natural to worry that storing payment information might jeopardize confidential client data, especially considering the prevalence of data breaches at law firms. On your quest for the right payment processor, look for features that streamline and support the way law firms operate.

Time-tracking 52

Time-tracking Software Compliance Practice management 52

Rocket Matter

MAY 16, 2023

It’s ideal for law firms and their clients when itemizations on invoices are clear, transparent, and accurate. Overcharging, or bill padding, can lead to loss of client trust and, in some circumstances, even disbarment. Get free guide How to Master Your Law Firm’s Time and Billing Lawyers have a heavy workload.

Time-tracking 52

Time-tracking Practice management Paralegal Software 52