Rocket Matter

OCTOBER 25, 2023

By capturing the digital footprint produced by an attorney’s work, Rocket Matter Track delivers a precise view of billable hours by monitoring the apps utilized, websites visited, and files viewed. We know that time leakage is one of the main reasons for law firms’ lost revenue,” said Ajay Khatri, general manager of Rocket Matter. “In

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Rocket Matter

NOVEMBER 7, 2023

Many attorneys are overwhelmed or challenged by the need to track billable hours efficiently. Let’s look at seven common time-tracking problems and how lawyers can easily solve them. Losing that level of billable hours amounts to thousands of dollars per attorney, per week, for your firm (a.k.a.

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Rocket Matter

OCTOBER 17, 2023

Have you ever found yourself drowning in a sea of sticky notes at the end of the workday, trying to piece together how you spent your time? Well, we’ve got some good news: there is a solution, and it’s legal time-tracking software. But what exactly is it, and how can it transform the way you manage your law practice?

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CaseFox

AUGUST 15, 2023

Can’t find the time for entry for the client? Struggling to manage manual time entries? It is time to switch to automatic law firm time-tracking software. Time tracking software will help your firm accurately tracking time.

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Time-tracking Law firm Software Law 52

CaseFox

SEPTEMBER 25, 2023

This necessitates a well-designed, efficient, cost-effective, and streamlined time-tracking software for lawyers in the present fast-paced and complicated legal atmosphere. This is where time-tracking software for law firms enters into the picture. How Time Tracking for Law Firms Has Evolved?

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Rocket Matter

JULY 11, 2023

If we asked 100 people, “Do you think you should get paid accurately for the time that you work?” We’re not talking about rates, pro bono policies, or any other conscious decision that law firms make regarding what they charge. Why do lawyers lose billable time ALL the time? Why do lawyers lose billable time ALL the time?

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Rocket Matter

SEPTEMBER 12, 2023

If you had a dollar for every time a lawyer wanted more time in the day…well, you’d probably have enough to retire. Time is always in short supply for law firms, especially for firms with limited resources. Here are 10 time tracking tips to maximize your billable hours today!

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Rocket Matter

FEBRUARY 6, 2024

Time flies, especially in a busy law firm where every minute is spent on client consultations, drafting legal documents, court appearances, case research—and yes, the occasional YouTube video during break. But tracking and managing that time often slips through the cracks during the daily hustle.

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Rocket Matter

DECEMBER 5, 2023

If you’re looking to save time and be more productive as a lawyer, look no further than developing stronger time management. The problems stem from a lawyer’s time-tracking habits—from Post-it notes to Excel, from an online or physical calendar, it can be very manual.

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Rocket Matter

NOVEMBER 28, 2023

It’s a big whoops when that attorney washes their hands and the valuable billable time with it. But that’s just one small example of the hours of forgiven revenue that come with manual time-tracking, hurting your firm and your attorneys. Then, they open a separate client’s email and jot that down somewhere else.

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Time-tracking Software Law firm Legal CRM 52

CaseFox

MAY 30, 2023

Time is crucial for lawyers, not just offering top-notch legal services but a proper understanding of time tracking is also an essential aspect of the lawyer’s profession. Time tracking plays a significant role in the law profession. How To Use A Billable Hour Chart To Track Time?

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Legal Tech Monitor

MAY 4, 2023

From : Blog Entry >> Marcos’s Blog Entry As a lawyer, managing your time and billing can be an unnerving task. Without proper management, you could easily lose track of your billable hours, miss important deadlines, and ultimately. lose clients.

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Rocket Matter

JANUARY 2, 2024

For small and solo law firms, time isn’t just valuable—it’s billable. Yet too many firms are still traveling back in time to do it the “analog” way, leading to inefficiency, lost hours, and ultimately less revenue. Enter Rocket Matter’s Legal Time-Tracking Revolution , powered by Rocket Matter Track.

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Clio

NOVEMBER 7, 2024

When it comes to law firm billing, hourly billing is still a mainstay of the legal industry. But the billable hour is no longer the only option for law firms. Alternative fee arrangements (also known as AFAs) can fill gaps, complement your practice’s billing structure, and benefit your clients and firm.

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Clio

AUGUST 21, 2024

As a lawyer, you’re an expert on the practice of law—but are you taking the time to track what’s important when it comes to guiding the success of your firm? Law firm KPIs , or Key Performance Indicators, can help. Why are Law Firm KPIs valuable?

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Rocket Matter

JANUARY 9, 2024

In short, you need it to maintain a positive client relationship. Here are six strategies to keep your time-tracking client-centered. 1. But these (excellent) reasons aren’t the only reasons to time track. If attorneys use the same time entry labels for tasks, it will be clearer to clients.

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Martindale-Avvo

NOVEMBER 10, 2023

As a lawyer, there’s an expectation that your communication skills are top-notch. But how do you measure up when it comes to marketing your law firm on social media? It would be a mistake to overlook social networks when promoting your law firm. Some lawyers even avoid it completely because of this.

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Rocket Matter

NOVEMBER 14, 2023

You know many attorneys at your firm are burning the midnight oil. If firm leaders don’t have an understanding of how team members are spending their time, your revenue could be in trouble. You need this information to understand where the firm is thriving (because it’s always important to know what you’re doing well!)

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Rocket Matter

AUGUST 29, 2023

New tools and technologies are emerging every day that provide law firms with advantages and opportunities. These tools, like generative AI models and automatic time tracking, can potentially boost a firm’s profitability and decrease its workload—significantly. Automatic time tracking empowers teams to thrive and grow.

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Time-tracking Billing software Practice management Mediator 52

Clio

MAY 15, 2024

Law firm marketing is the practice of attracting new potential clients to your firm. A law firm marketing plan may cover a mix of digital marketing, SEO, blogging, print, and digital ads. But no matter how you approach it, one fact remains—marketing your firm can easily consume a lot of your time and energy.

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Clio

AUGUST 21, 2024

Navigating one’s law firm partnership structure isn’t just about achieving a rank. For many lawyers, attaining the status (and accompanying ownership, profit potential, and prestige) that comes with becoming a partner is a lifelong career goal. In the following guide, we’ll start highlighting some law firm partnership models.

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MatterSuite

JULY 20, 2023

In the legal profession, time is a valuable resource you must effectively manage that. Accurately tracking billable hours is essential for both attorneys and law firms to ensure fair compensation. One widely adopted method for tracking time is through a billable hours chart.

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Clio

AUGUST 7, 2024

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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Clio

AUGUST 21, 2024

It’s also an important metric for law firm owners to track —especially if you want to grow your firm and improve your profitability. But how do you know if your law firm’s revenue is enough to grow and scale your business? And how does your firm’s revenue stack up against the average law firm revenue?

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Clio

NOVEMBER 8, 2024

According to research from the latest Legal Trends Report , clients want modern payment options: over half of potential clients would prefer to pay their lawyers using modern service delivery models. Despite this, only 31% of law firms offer these payment options. What is a fee forward law firm?

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Clio

SEPTEMBER 18, 2024

Being a lawyer isn’t easy. From intaking new clients to juggling open legal cases and keeping up with administrative work, being a great lawyer requires careful management, patience, and dedication. The great news is: Chatbots for lawyers can help with all aspects of a lawyer’s day-to-day.

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Clio

NOVEMBER 20, 2024

The valuation process for any type of business can be daunting, but law firms pose unique challenges. Nonetheless, you will need to understand law firm valuation if you want to sell your practice, or if you want to acquire another firm. What is law firm valuation? Why is law firm valuation important?

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Rocket Matter

MAY 30, 2023

Lawyers have to think beyond the billable hours they put into specific client matters. Your billable rate needs to address all those things that help your firm function at peak performance. But sometimes, that’s easier said than done. Many law firms struggle to define their billable rates, especially new law firms.

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Centerbase

OCTOBER 17, 2024

By Paige Roncke, General Manager, Centerbase The legal industry is at a critical inflection point where law firms can no longer identify only as legal services providers. Law firms must also be data and technology companies in order to effectively compete in the market for long-term success.

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Centerbase

OCTOBER 4, 2024

Why Profitability Matters for Law Firms Profitability is one of the most critical measures of success for any law firm. Simply focusing on the standard math equation of revenue minus expenses equals profitability doesn’t always tell the full story of a firm’s financial health.

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Law firm Time-tracking Law Law 52

Clio

NOVEMBER 19, 2024

In a crowded legal market, personal injury (PI) law firms need a strong online presence to ensure they stand out and connect with their potential clients. Search engine optimization (SEO) is an incredibly effective way to ensure your PI firm is visible to people searching for legal help after an accident or injury.

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Legal Tech Monitor

JULY 6, 2023

My past Daily Record articles can be accessed here. ** Driving Law Firm Efficiency: Proven Productivity Tips In today’s ever-evolving world, technology has become a key differentiator for lawyers, driving productivity and profitability in a highly competitive market. Bankruptcy matters had the highest WIP (10.9)

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Lawyerist

APRIL 21, 2023

Attorneys know LawPay as the preeminent payment processor for law firms. LawPay is expanding its offerings to include invoicing, trust accounting, time tracking, and expense tracking. LawPay notes how each invoice is paid, so the firm can look back and see which clients pay by which method.

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Clio

SEPTEMBER 29, 2024

Legal professionals everywhere rely on Excel for lawyers. We spend significant time gazing at seemingly endless rows and columns. There’s no doubt Excel has become a staple across many businesses and industries, but how exactly do law firms use it? What do lawyers use Excel for? The problem?

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MatterSuite

FEBRUARY 25, 2024

In this blog, we explore the realm of productivity apps tailored for law firms and lawyers , aiming to streamline processes, enhance collaboration, and ultimately boost efficiency in legal practice. Prompt Updates: Keep clients in the loop with real-time updates on case progress, court dates, and any other pertinent information.

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Rocket Matter

OCTOBER 3, 2023

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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Above the Law - Technology

SEPTEMBER 11, 2023

Most solo and small firm lawyers are fully familiar with the dilemma Overture aims to resolve. You want to help the client to maintain that relationship, but you do not know another lawyer who fits the bill well enough to confidently make a referral.

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