Rocket Matter

MAY 26, 2025

The post Maximize Your Law Firm Finances: Fix These 9 Mistakes to Boost Profitability appeared first on Rocket Matter. Get free e-book Law firm finances should be straightforward: your revenue should surpass your costs, earning your profits. Yet, many firms struggle to stay lucrative over the long term.

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Rocket Matter

MARCH 26, 2025

The post 4 Common Challenges Law Firm Workflow Management Can Solve appeared first on Rocket Matter. Worse, they often pull legal practitioners away from the actual billable work leaving the firms revenue at peril. Law Firm Workflow Management : How Can Automation Help Attorneys?

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Rocket Matter

SEPTEMBER 24, 2024

Get free e-book Efficient billing is crucial for the smooth operation and profitability of any law firm. LEDES billing offers a solution by providing a standardized approach to legal invoicing, enhancing accuracy and consistency. LEDES, pronounced as "leeds," stands for Legal Electronic Data Exchange Standard.

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Rocket Matter

OCTOBER 23, 2024

Law firm growth happens when you bring in new business and nurture your current client base. However, the daily demands of legal work can often leave little time for maintaining the interactions that generate leads and sustain long-term client relationships.

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Rocket Matter

DECEMBER 16, 2024

On your quest for the right payment processor, look for features that streamline and support the way law firms operate. Download free guide Why a year-end review matters for your law firm Your financial health checks go beyond tallying income and expenses. Have there been any changes in applicable requirements?

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Rocket Matter

NOVEMBER 26, 2024

This blog explores why law firms are adopting digital payment solutions and how these tools can streamline your payment processing efforts. The evolving landscape of legal payments Legal clients juggle busy lives, whether they’re buying groceries, dining out, or paying for gas. But, there’s hope.

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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! Non-compliance.

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Rocket Matter

MAY 21, 2025

Serve Clients Who Need a Multi-State Law Firm Corporate clients and growing businesses may need legal representation in more than one jurisdiction. Key Considerations for Multi-State Legal Practice Expanding your practice into multiple states isnt without its challenges.

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Rocket Matter

DECEMBER 10, 2024

In an industry of precision, trust, and consistency, law firms need to plan strategically to achieve sustainable growth. The legal landscape is changing fast, and law firms are under pressure to become more efficient, deliver better client service, and be more adaptable to stay competitive.

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Rocket Matter

OCTOBER 1, 2024

Get free e-book A law firm is no stranger to the pressures of tight deadlines, managing heavy caseloads, and meeting ever-growing client expectations. While legal expertise is the foundation of any successful practice, the firms that excel today have something else in their corner—data.

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Rocket Matter

DECEMBER 12, 2023

Comprehensive time-tracking policies can enhance productivity, protect financial health, and prevent thorny issues like compliance violations and strained client relationships. Why time-tracking policies matter Law firms experience unique challenges in managing time effectively.

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Rocket Matter

SEPTEMBER 20, 2023

Why settle for a one-size-fits-all template when your law firm is anything but generic? For example, most generic templates aren’t optimized for local SEO, a crucial factor for law firms that rely on clientele in their geographic area. They can also integrate with your CRM. But that's actually a good thing.

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Rocket Matter

MARCH 21, 2023

Improve your time management strategy with these 5 tips To improve your time management strategy—and prioritize your tasks correctly—you need to see the big picture for your law firm: upcoming projects, client needs, law firm goals, and more. From there, better time management is just around the corner. 1.

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Law firm Time-tracking Law Law 52

Rocket Matter

NOVEMBER 13, 2023

So, what's a busy law firm to do? Join us as we unlock the secrets to efficiency, free up your time for the important stuff (like actually practicing law), and introduce you to a web service that's so tailored for law firms it practically passed the bar exam. So, grab your favorite legal pad, and let's dive in.

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Rocket Matter

SEPTEMBER 15, 2024

Get free e-book The field of law is experiencing transformations in an era where legal innovation and artificial intelligence (AI) are altering the standard practices of law firms. AI and legal innovation present significant benefits alongside notable risks, particularly in legal research.

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Rocket Matter

NOVEMBER 21, 2023

To help get your firm up to speed on year-end tax prep, we’ve compiled this list of seven essential tips to take the headache out of doing your taxes and allow you to return to focusing on what matters most: your clients. 7 tips for law firms to get ready for taxes Grab a holiday cookie and turn off your email notifications.

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Rocket Matter

OCTOBER 3, 2023

Automatic time tracking improves your firm’s profitability. However, anything longer than that and you may be short-changing your clients, who expect the time they are paying for to be used wisely. Measuring time in increments longer than 6 minutes could also risk compliance violations since rule 1.5

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Rocket Matter

JULY 15, 2024

More specifically, there can be a significant difference between generic and legal-specific CRMs. Using a legal CRM rather than a generic one is crucial because it is tailored to meet the specific needs and nuances of legal practice. Let's take a deeper look at how this can work.

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Rocket Matter

AUGUST 22, 2023

Whether you're just hanging a shingle for the first time or have managed a small or solo law firm for decades, you want to ensure you have the right software tools for the job. With this in mind, some solo and small law firms hesitate to invest in timekeeping and billing tools and processes.

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Rocket Matter

OCTOBER 24, 2023

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. Establish a time-tracking policy at your firm Everyone at your firm should be using the same system for time tracking.

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Rocket Matter

SEPTEMBER 5, 2023

Without them, you might run into compliance violations Law firms must provide itemized bills to clients upon request. Charging clients for matter costs you didn’t track can lead to a violation, putting your firm at risk of disciplinary action by your state bar association. 4.

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Rocket Matter

OCTOBER 10, 2024

It’s one part of building a thriving, financially secure law firm. But that’s not all there is to it. Sorry about that.) In 2024, financial security is about more than just getting paid—it’s about safeguarding transactions to protect your firm from revenue loss and legal liabilities. Getting paid.

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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!

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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. Legal intake software creates a repeatable process that allows law firms and legal departments to spend more time on billable work.

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Rocket Matter

JULY 18, 2023

Forty years ago, law firms could buy an ad in the Yellow Pages (remember those giant tomes?) These days, the number one way for prospective clients to find your law firm is through an online search (and probably on a mobile device). and the calls would come rolling in.

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Rocket Matter

DECEMBER 26, 2023

But when used responsibly, AI has the power to transform workflows in any type of business, especially law firms that want to maximize their productivity and billable hours. 12 Legal Payment Processing Features to Look For Want to see a healthier cash flow and happier clients? Check. Legal CRM?

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Rocket Matter

AUGUST 1, 2023

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. Unfortunately, compiling the necessary documents and reports can be a daunting task for solo practitioners and small law firms.

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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. Why do lawyers lose billable time ALL the time? Lawyers have a lot going on in the day.

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Lawmatics

DECEMBER 5, 2023

Web-based case management systems help law firms organize information and data related to cases. 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? What is the Best Legal Tech Software?

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Lawmatics

NOVEMBER 7, 2023

Legal marketing. AI allows law firms to target potential clients with personalized marketing campaigns based on status, matter type, location, and more. AI-generated email campaigns to nurture and follow up with prospects are necessary for growing law firms. Regulatory compliance. Email campaigns.

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Rocket Matter

MARCH 7, 2023

Every law firm will have different needs based on their specific field, their firm size, their budget, and other factors. What security and compliance features need to be implemented? It’s important for firms to find the right balance of security and usability. What are our document management needs?

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Rocket Matter

AUGUST 22, 2024

Let’s discuss the legality of eSignatures, their enforceability, and how lawyers can leverage them effectively within their practice while maintaining compliance. The Advantages of eSignatures for Law Firms The legal validity of eSignatures is crucial and their benefits extend far beyond simply replacing wet signatures.

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Rocket Matter

NOVEMBER 2, 2023

Whether it’s a hidden “resort” fee for a hotel that definitely isn’t a resort or hidden fees for business services, these fees can have a big impact on your bottom line. Among the trickiest to track for law firms? These (often hidden) payment processing fees can really cause law firm profits to take a hit.

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Rocket Matter

MARCH 12, 2024

Optimized cash flow Allowing clients to keep a card on file can transform your firm’s cash flow by significantly reducing the time between invoicing and payment. On your quest for the right payment processor, look for features that streamline and support the way law firms operate.

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Rocket Matter

JANUARY 16, 2024

Offering credit card payments helps your law firm get paid faster and increases client convenience. But that convenience can come with a price tag. On your quest for the right payment processor, look for features that streamline and support the way law firms operate. Start accepting payments online!

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Rocket Matter

JULY 24, 2023

ChatGPT and other AI technologies have the potential to revolutionize the way we work, but many law firms are understandably cautious. AI has its drawbacks, many of which we may not even know about yet, and lawyers want to protect their firm and their clients. Encourage them to move forward by taking this action… 3.

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Rocket Matter

JANUARY 9, 2024

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. But these (excellent) reasons aren’t the only reasons to time track.

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