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Law Firm Accounting: Best Practices for Efficiency and Compliance

Centerbase

This article outlines essential accounting practices for law firms, emphasizing compliance with trust accounting rules and strategies for improving financial efficiency. Main Takeaways From This Article: Compliance with trust accounting rules is paramount in legal practice, necessitating strict attention to detail.

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Five Ways to Improve Time Tracking for Attorneys

Rocket Matter

As an attorney, streamlining how you track billable hours is essential to achieving your full potential as a productivity powerhouse. By making every minute count and developing a robust system for time tracking, you will maximize your earnings and have more time for life outside the office (or the courtroom).

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Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

Above the Law - Technology

As you will see from the ballot, you may vote for your top-five favorites or five times for top favorite, or any other mix of five votes. Most of the startups have also provided a link to a demo video. The substantial amount of time lawyers spend drafting documents during litigation. What problem do you solve? Anything else?

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Data Retention Made Easy: A Checklist for Legal Teams Using a CLM Like ALOE

Bigfork Tech

From regulatory compliance to risk mitigation and efficient storage management, knowing what to keep, for how long, and when to dispose of it is critical. ALOE not only streamlines your contract processes, but also helps enforce and track data retention policies seamlessly. Demonstrate compliance during audits or litigation.

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Never Lose Billable Time Again with Automatic Time Tracking Applications

Rocket Matter

If we asked 100 people, “Do you think you should get paid accurately for the time that you work?” We’re talking about the unintentional ways that law firms decrease their profits via lost billable time. Why do lawyers lose billable time ALL the time? That causes your firm to lose out on billable time.

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How to Take Advantage of Legal Workflow Automation for 2025

Percipient

Legal work comes with a lot of moving partscontracts, approvals, compliance checks, and more emails than you can count. If your team is constantly chasing documents or dealing with slow processes, its time to make things easier. Legal professionals dont have time to waste on manual tasks that could run themselves.

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AI in Immigration Law: Top AI Tools and Use Cases for Lawyers

Clio

By leveraging AI, you can automate time-consuming tasks, freeing up more time to focus on the complex, high-value work that truly matters. See how our AI tool, Clio Duo, works within Clio Manage to extend your work without overextending you Book a Clio Duo demo. This is where AI can help. Thats where AI comes in.