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Download free guide 7. These systems ensure compliance and are designed to mitigate the risks that can come with contract management. Determining your paperless processes 2. Establishing naming and filing conventions 3. Choosing an online storage provider 4. Embracing mobile paperless tools 5. And more important resources!
Download free guide Leverage Legal Technology Solutions Legal technology is at the heart of law firm innovation. Prioritize Compliance and Security Innovation should never come at the expense of compliance and security. Prioritize solutions that are targeted toward the legal sector, such as Rocket Matter.
Download free guide Rocket Matter’s unique CRM features and scalability Rocket Matter isn’t just any CRM—it’s designed specifically for law firms. These specialized tools ensure your CRM works the way your firm operates, enhancing both productivity and compliance.
Strict Cybersecurity Compliance With more sophisticated cyber threats looming on the horizon and targeting law firms specifically, security has become a must that cannot be sidelined. Digital transformation in law firms allows for better cybersecurity measures, compliance, and data protection.
12 Legal Payment Processing Features to Look For Want to see a healthier cash flow and happier clients? Download free guide Why a year-end review matters for your law firm Your financial health checks go beyond tallying income and expenses. Trust accounting is vital for regulatory compliance and client trust.
One of the biggest mistakes legal professionals can make is over-relying on a platform that wasnt built for the legal industry. Rocket Matter is designed specifically for legal professionals and has built-in safeguards to promote compliance. Download free guide 5. Download free guide 6.
Consumers care about security too While convenience and ease are major selling points for legal clients, these aren’t the only things that matter. Your legal clients are now also placing a greater emphasis on security and compliance. Digital payment options offer added protections like two-factor authentication and bank account alerts.
Beyond making your processes efficient, workflow automation keeps you from client payment delays and unfulfilled case deadlines, which is essential to maintaining compliance and a healthy cash flow.
Practice Management Software Investing in practice management software is crucial for efficiency and compliance. Download free guide Computer Software Your law firm will also need various computer software solutions. These spaces include everything you need including furniture, office equipment, and internet connectivity.
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? Non-compliance. Start accepting payments online!
Beyond making your processes efficient, workflow automation keeps you from client payment delays and unfulfilled case deadlines, which is essential to maintaining compliance and a healthy cash flow.
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.
More specifically, there can be a significant difference between generic and legal-specific CRMs. Using a legalCRM rather than a generic one is crucial because it is tailored to meet the specific needs and nuances of legal practice.
Download free guide Five tips to improve time tracking for attorneys Build a productive, effective time-tracking routine with these five Rocket Matter-approved time-tracking tips for you and your law firm. 1. in 2022), it’s the right time to look at your current rates and see if you’re charging enough to remain profitable.
Advancements Impacting Legal Operations During this modernization wave, utilizing AI in the legal industry helps to optimize workflows while emphasizing data protection and regulatory compliance. Here are ways innovation in legal services helps streamline operations in law firms.
But these basic administrative tasks are important for compliance, billing accuracy, and business planning, no matter the size of your firm. Download free guide #6 Advanced evergreen retainer Running a solo or small law firm can feel like a bit of a catch-22. Try us for free , or schedule a personalized demo today!
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. Without them, you might run into compliance violations Law firms must provide itemized bills to clients upon request.
Download free guide Why security matters to your law firm’s finances In today’s digital age, security breaches are a top threat to your firm’s financial health. When your clients pay online , they expect their payment details to be protected, and failure to deliver could mean lost trust—and lost revenue.
Plus, use Rocket Matters LegalCRM to keep client communication consistent and build relationshipsit can be a differentiator in a crowded market. Running a legal practice is definitely one of those things. Download free guide Invest in Technology to Drive Efficiency Technology should be transformative, not just convenient.
What security and compliance features need to be implemented? Download free guide 4. Download free guide Look for software with the ability to digitize your documents, so paper files can become immediately accessible within the system. Some document management systems are more secure than others.
Download free guide What are automated time trackers, and why do they matter? Complete compliance Undercharging may cause firms to lose billable time, but it can lead to even more serious consequences if firms try to account for discrepancies by overcharging for their time. The ABA’s Model Rules of Professional Conduct Rule 1.5
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.
12 Legal Payment Processing Features to Look For Want to see a healthier cash flow and happier clients? Download free guide 2. Check. LegalCRM? This software can deliver the benefits of AI tools without added security risks: streamlined operations and protection from liability. Start accepting payments online!
Tailored to a law firm’s unique needs Law firms have their own set of industry-specific needs for their website, including client intake, compliance regulations, and more. Download free guide 3. Get started today Take the first step towards a professional, polished, and powerful website that puts your law firm on the map.
Comprehensive time-tracking policies can enhance productivity, protect financial health, and prevent thorny issues like compliance violations and strained client relationships. Compliance requirements For any legal professional, your work needs to align with various regulations and ethical standards.
Smart forms help you pre-qualify clients, route inquiries to the right person, ensure legalcompliance, and enhance user experience. They can also integrate with your CRM. In short, they make client onboarding smoother and more efficient so you can focus on delivering top-notch legal services.
Proper legal trust accounting is critical to success in this industry, but it’s tricky for many law firms, especially those with limited time and staffing resources. Download free guide The solution There are several useful strategies when it comes to ensuring everyone has time for administrative work. And more important resources!
Download free guide Your payment processing rate is not a fixed cost Every platform charges some sort of rate to use its processing system for client credit cards. With Rocket Matter, your firm will never have hidden fees. Sign up for a free demo to see how Rocket Matter Pay can streamline your billing cycle today.
12 Legal Payment Processing Features to Look For Want to see a healthier cash flow and happier clients? IOLTA trust accounting compliance : No processing fees ever come out of your trust account so you stay compliant at all times. Start accepting payments online!
You should weigh the benefits to your firm and clients while also looking at the potential short- and long-term ramifications. Payment practices are at particular risk for compliance missteps, client frustrations, and tricky workflows. Download free guide 2. Start accepting payments online! Start accepting payments online!
Use a time tracker to capture all your billable hours There are lots of reasons why time tracking is vital to your law firm: accurate billing, resource allocation, compliance with ethics guidelines, and increased revenue. Download free guide 3. Here are six strategies to keep your time-tracking client-centered. 1.
12 Legal Payment Processing Features to Look For Want to see a healthier cash flow and happier clients? Download free guide The rise of done-for-you (DFY) web services for law firms So you've heard the challenges of in-house web management, and you're contemplating a different route. Start accepting payments online!
Legal ethics and compliance: ABA and state bar rules prohibit lawyers from charging clients unfair fees for services. Download free guide 10 time-tracking habits for lawyers Here are some key time-tracking habits—don’t lose track of them! And often, time leakage can be much worse.
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 3. Here are three examples of areas where you can easily make gains: Document management If your files are constantly disorganized, it will take you longer to find what you need (not to mention, it can be a security and compliance hazard). Move forward with Rocket Matter.
Download free guide How to meet clients where they are The key to overcoming these problems is making payments frictionless for 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.
But in the legal field, where client confidentiality is critical to maintaining ABA compliance , it can be especially tricky. Download free guide Secure file-sharing and eSignature software: the best of both worlds Emails are too hot. Most people know that online security is a big issue in an increasingly digital world.
12 Legal Payment Processing Features to Look For Want to see a healthier cash flow and happier clients? Download free guide Higher productivity Creating and sending invoices, receiving and entering payments, and making deposits manually is an incredibly time-consuming process. Start accepting payments online!
12 Legal Payment Processing Features to Look For Want to see a healthier cash flow and happier clients? Download free guide 1. The right legal billing software can help your law firm employ a variety of fee structures so that you can use the right tools for each client’s unique needs. 5. Start accepting payments online!
Download free guide 2. Legal staff often write the same emails over and over, including meeting reminders, responses to potential client inquiries, requests for signatures, and other emails. Make the tone … As with all ChatGPT suggestions, use careful editorial oversight when reviewing AI outputs. And more important resources!
Running a legal practice is definitely one of those things. Download free guide 6. However, it's crucial to ensure that these donations are made to eligible charitable organizations and are properly documented for compliance. Running a legal practice is definitely one of those things. Now is the time to verify!
Download free guide 4. Prioritize information security Protecting sensitive client information and ensuring compliance with data privacy regulations is crucial to avoid costly mistakes. Recommendation : Regularly analyze matter management metrics through reports and dashboards to identify improvement areas.
Stay Compliant with Legal Standards Compliance with legal standards, such as the Fair Debt Collection Practices Act (FDCPA), is non-negotiable. Ensure your letter adheres to all relevant laws to avoid potential legal repercussions for your firm. Download free guide
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