Rocket Matter

OCTOBER 23, 2024

Here’s how it stands out and scales with your firm’s growth: Legal-specific workflows : Unlike generic CRMs, Rocket Matter includes features tailored to legal practice, such as matter management, billing integration, and trust accounting.

Time-tracking 52

Time-tracking Document management Legal CRM Practice management 52

Rocket Matter

DECEMBER 16, 2024

Trust accounting is vital for regulatory compliance and client trust. Trust accounting compliance It goes without saying that mishandling trust accounts can lead to serious compliance issues. Trust accounting practices What do your trust accounting processes look like? Have there been any changes in applicable requirements?

Time-tracking 52

Time-tracking Billing software Law Law 52

Rocket Matter

DECEMBER 10, 2024

Plus, use Rocket Matters Legal CRM to keep client communication consistent and build relationshipsit can be a differentiator in a crowded market. Rocket Matters Legal CRM is designed for law firms and has a range of automated marketing tools to create personalized client-centered campaigns.

Law firm 52

Law firm Legal CRM Time-tracking Law 52

Rocket Matter

AUGUST 22, 2023

But these basic administrative tasks are important for compliance, billing accuracy, and business planning, no matter the size of your firm. With this in mind, some solo and small law firms hesitate to invest in timekeeping and billing tools and processes. Try us for free , or schedule a personalized demo today!

Time-tracking 90

Time-tracking Law firm Software Legal CRM 90

Rocket Matter

OCTOBER 10, 2024

That’s where SOC 2 compliance comes into play. SOC 2 compliance is a rigorous auditing standard that ensures your payment system handles sensitive data with care. How Rocket Matter Pay supports your firm’s security Rocket Matter Pay takes your firm’s financial security seriously, and SOC 2 compliance is just the beginning.

Compliance 52

Compliance Time-tracking Law firm Legal CRM 52

Rocket Matter

OCTOBER 24, 2023

More useful posts: 9 Reasons Why Legal CRM 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 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%

Time-tracking 92

Time-tracking Attorney Practice management Software 92

Rocket Matter

MARCH 7, 2023

What security and compliance features need to be implemented? 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. It’s important for firms to find the right balance of security and usability.

Document management 52

Document management Document storage Time-tracking Legal CRM 52

Rocket Matter

SEPTEMBER 11, 2024

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.

Time-tracking 52

Time-tracking Practice management Compliance Law firm 52

Rocket Matter

SEPTEMBER 24, 2024

Improves Compliance and Transparency LEDES billing promotes greater transparency in legal billing by clearly detailing tasks, expenses, and time entries. Reduced back-and-forth communication over invoice details helps ensure that payments are processed promptly, improving cash flow for the firm.

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Law firm Law Law Billing software 86

Lawmatics

NOVEMBER 7, 2023

Regulatory compliance. AI provides significant benefits to the legal industry; however, it also raises ethical and regulatory challenges, including concerns about data privacy, bias in AI algorithms, and potentially impacts the employment prospects for legal professionals. Data analytics.

Client Intake 59

Client Intake Due diligence Analytics Legal advice 59

Rocket Matter

DECEMBER 26, 2023

Check. Legal CRM? More useful posts: 9 Reasons Why Legal CRM 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?

Document automation 52

Document automation Time-tracking Client Intake Legal CRM 52

Lawmatics

DECEMBER 5, 2023

Legal tech platforms allow law firms to text their clients directly to generate leads and improve communication. These platforms streamline, automate, and enhance various aspects of the legal profession. Legal tech platforms typically provide a range of tools and services integrated into a single platform for convenience.

Legal tech 52

Legal tech Legal tech Client Intake Time-tracking 52

Rocket Matter

SEPTEMBER 5, 2023

Without them, you might run into compliance violations Law firms must provide itemized bills to clients upon request. Thus, when expense tracking records are incomplete, you’ll inevitably undercharge your clients—and wind up with underwhelming revenue, too. 3.

Time-tracking 98

Time-tracking Software Practice management Attorney 98

Rocket Matter

MARCH 12, 2024

IOLTA trust accounting compliance : No processing fees ever come out of your trust account so you stay compliant at all times. Automated legal payment solutions With Rocket Matter Pay, you can save yourself the time and headache of chasing after payments due.

Time-tracking 52

Time-tracking Compliance Software Practice management 52

Rocket Matter

JULY 11, 2023

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 states that lawyers are not permitted to collect unreasonable fees for expenses.

Time-tracking 65

Time-tracking Practice management Law firm Legal CRM 65

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. From automatic reconciliation and automated time and billing solutions to creating multiple trust accounts for one client, we’ve got you covered.

Time-tracking 52

Time-tracking Law firm Compliance Software 52

Lawmatics

JANUARY 23, 2024

Contract analysis: AI technologies, including natural language processing (NLP) and machine learning, are used to analyze and review contracts to identify key terms and potential risks and help ensure compliance. Risk management: AI is useful for assessing and managing legal risks.

Legal AI 59

Legal AI Legal Secretary e-discovery Paralegal 59

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. Compliance requirements For any legal professional, your work needs to align with various regulations and ethical standards.

Time-tracking 52

Time-tracking Law firm Law Law 52

Rocket Matter

SEPTEMBER 20, 2023

Smart forms help you pre-qualify clients, route inquiries to the right person, ensure legal compliance, 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.

Law firm 52

Law firm Law Law Compliance 52

Rocket Matter

NOVEMBER 2, 2023

Keep an eye out for: Early termination fees PCI compliance security fees Junk fees or bait-and-switch tactics Doing a bit of research now will save you money down the road. Avoid hidden fees with Rocket Matter Pay Your law firm doesn’t have to lose money every month to hidden fees.

Time-tracking 52

Time-tracking Law firm Compliance Legal CRM 52

Lawmatics

FEBRUARY 13, 2024

Legal CRM (Client Relationship Management): CRM software helps law firms manage the entire client journey by enhancing relationships, tracking leads, and improving client communication.

Lawyer 52

Lawyer Client Intake Time-tracking Document automation 52

Rocket Matter

OCTOBER 1, 2024

Strengthening Compliance and Risk Management Compliance and risk management are essential, yet challenging aspects of legal practice. Legal analytics helps firms monitor their regulatory compliance by tracking key data points related to deadlines, filings, and required documentation.

Analytics 52

Analytics Law firm Time-tracking Law 52

Rocket Matter

NOVEMBER 26, 2024

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.

Time-tracking 52

Time-tracking Law firm Analytics Practice management 52

Rocket Matter

JULY 18, 2023

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. High-quality, licensed stock photos take the guesswork out of photo use rights and provide a professional and polished appearance for your practice. 2.

Client Intake 72

Client Intake Law firm Time-tracking Legal CRM 72

Lawmatics

FEBRUARY 14, 2023

Best Practices to Stay in Compliance No gifts. You might consider using an attorney-client relationship management platform (commonly known as a legal CRM) to keep track of these responses. The post The Top 6 Online Sources for Client Reviews, According to Legal Clients first appeared on Lawmatics. Timing matters.

Legal CRM 52

Legal CRM Time-tracking Attorney Lawyer 52

Rocket Matter

AUGUST 22, 2024

Understanding the legal framework surrounding eSignatures is crucial for lawyers who want to integrate this technology into their practice without a hitch. Let’s discuss the legality of eSignatures, their enforceability, and how lawyers can leverage them effectively within their practice while maintaining compliance.

Lawyer 52

Lawyer e-records Law firm Compliance 52

Rocket Matter

JANUARY 16, 2024

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. The takeaway here is that law firms need to outline what is expected of them.

Law firm 52

Law firm Time-tracking Legal CRM Compliance 52

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. Here are six strategies to keep your time-tracking client-centered. 1.

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Time-tracking Client Intake Law firm Legal CRM 52

Rocket Matter

NOVEMBER 13, 2023

Rocket Matter lets you reach for the stars Our Rocket Matter Website professionals understand the intricacies of the legal world, from legal-specific content to compliance with industry standards. Whether you're a solo practitioner or part of a large firm, there's sure to be a fully managed solution that's just right for you.

Law firm 52

Law firm Law Law Client Intake 52

Rocket Matter

DECEMBER 5, 2023

Legal ethics and compliance: ABA and state bar rules prohibit lawyers from charging clients unfair fees for services. Fair compensation: If your rate is $300 per hour but you forget to include just one hour every week, that’s a loss of $1,200 per month. And often, time leakage can be much worse.

Time-tracking 52

Time-tracking Software Client Intake Legal CRM 52

Rocket Matter

AUGUST 29, 2023

Ensure ABA compliance Manual time tracking leaves the door wide open to human error when it comes to billing, which can lead to time-consuming mediation with clients and an increased likelihood of audits. Less work for your clients. It’s a productivity boost for everyone involved.

Time-tracking 52

Time-tracking Billing software Practice management Mediator 52

Rocket Matter

JULY 24, 2023

While you may get many valuable suggestions, they should be adjusted to meet your branding, audience, and practice area needs, not to mention account for legal marketing compliance requirements. 4. Make the tone … As with all ChatGPT suggestions, use careful editorial oversight when reviewing AI outputs.

Client Intake 52

Client Intake Law Law Intellectual Property 52

Rocket Matter

FEBRUARY 6, 2024

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. Rocket Matter’s legal payment processing software makes it easier for you to bill clients—-and easier for clients to pay. Schedule a demo today!

Billing software 52

Billing software Time-tracking Law firm Software 52

Rocket Matter

DECEMBER 14, 2023

Straightforward trust account management Rocket Matter legal trust accounting software makes trust accounting clear and convenient for all involved.

Time-tracking 52

Time-tracking Criminal Defense Law firm Legal CRM 52

Rocket Matter

JUNE 6, 2023

But in the legal field, where client confidentiality is critical to maintaining ABA compliance , it can be especially tricky. Most people know that online security is a big issue in an increasingly digital world. On one hand, clients prioritize convenience.

Time-tracking 52

Time-tracking Practice management Software Law firm 52

Rocket Matter

MAY 9, 2023

More useful posts: 9 Reasons Why Legal CRM 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?

Time-tracking 52

Time-tracking Law firm Legal CRM Lawyer 52

Rocket Matter

MARCH 21, 2023

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. Schedule a demo or start a free trial today.

Law firm 52

Law firm Time-tracking Law Law 52