Remove Due diligence Remove Law firm Remove Time-tracking
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Law Firm Billing: Ultimate Guide and Best Practices

Clio

Billing is critical to the success of your law firm. And yet law firm billing, including billing clients and chasing down payments, can be one of the most repetitive, dreaded, and time-consuming parts of any lawyer’s day. Billable time and disbursement fees/expenses are logged throughout the case.

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What Are Billable Hours? A Guide for Lawyers

Rocket Matter

The dilemma is this: you want to track your hours accurately, but you don’t want to have to put in extra work for it. It can seem overwhelming to have to jot down every minute of client time, but, alas, if you don’t, you’ll be in an even bigger hole. Automatic time tracking improves your firm’s profitability.

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Chatbots for Lawyers

Clio

Chatbots for lawyers are a time-saving automation tool that’s hosted on a law firm website and available 24/7. Having legal live chat is becoming increasingly common for law firms. Here are a few other benefits that chatbots bring to your law firm. What are chatbots for lawyers?

Lawyer 98
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Johannes Scholtes: AI Is Finally Here. Now the Hard Work Begins for the Legal Industry (TGIR Ep. 191)

3 Geeks and a Law Blog

He joins us this week to discuss the need for lawyers and law firms to use these tools to enhance the power of the practice of law. And he warns that if the traditional legal resources of lawyers and firms won’t step up, there are others who will step in to fill that void. The Riverwalk had a good time.

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Guest Post: Beating the Alternative – Why The Billable Hour is the Truest Representation of Cost

LawSites

The billable hour has been unfairly painted as the villain of law firm pricing, when in fact opacity is the issue. It happens in corporate deal making as well; issues are discovered during due diligence that have a material impact, on both the deal, and the final legal invoice. The conflation of success and time entries.

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8 Must-Ask Questions Before You Hire a Freelance Lawyer

Attorney at Work

And for law firms, remote work opens the door to alternative hiring options, including outsourcing substantive legal work to freelance lawyers. Meeting deadlines is critical to managing a successful law firm. Do they have their own solo firm? Or do they freelance full time? What is your current schedule?

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Litera to Acquire Legal AI Pioneer Kira Systems, Enhancing its Transaction Management Offering

LawSites

Marwaha said he sees Kira as a natural extension of the Litera Transact workflow, adding contract analysis and due diligence. Waisberg — who will spend 20% of his time as an advisor to Litera — said that he and his investors see Litera as the perfect company to take Kira to the next level.