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Accurate timetracking for lawyers is key, not just for billing but also for building client trust, staying compliant, and keeping the firm profitable. Yet, manual tracking can be tough to stay on top of when lawyers are focused on tackling important legal work for their clients. hours a day unbilled. The best part?
Learn how big tech has changed the legal industry Free Guide The Small Firm’s Guide to Big Tech While any change in how you operate your law office can feel overwhelming, there’s never been a better time to start migrating your office structures online. Automating these tasks not only saves time, but also reduces human error.
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The lawpracticemanagement platform Filevine has added the build-in ability for lawfirms to accept electronic payments from clients, capping off its suite of time and billing capabilities in a new feature set it calls TimeTracking, Billing, and Payments.
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Centerbase , a company that provides a cloud legal practicemanagement platform for mid-sized lawfirms, today announced the beta launch of native document management, integrated directly within its platform. ” A particular strength of the Centerbase platform, Joyner said, is its automated time capture.
Your lawfirm's accounting department helps the business stay on the right side of the law, when it comes to both internal operations and external relationships. Since lawfirms work with sensitive information, any misstep can have major consequences. The highest expense most firms incur is for wages.
The post How to Grow Your LawFirm: 10 Strategies for Sustainable Success appeared first on Rocket Matter. Get free e-book If youve been proactively working to grow your lawfirm , you know firsthand that the road to business success is fraught with challenges. The question is, whats the best way to grow your lawfirm ?
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 lawfirms’ lost revenue,” said Ajay Khatri, general manager of Rocket Matter. “In
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Managing a lawfirm requires more than overseeing cases and delegating tasksit demands a strategic approach that balances client expectations, regulatory compliance, and operational efficiency. It also highlights the best practices forward-thinking firms use to stay ahead in a constantly evolving legal industry.
The post 4 Common Challenges LawFirm Workflow Management Can Solve appeared first on Rocket Matter. Get free e-book Lawyers lose 40% of the time they spend working to inefficient, manual processes that cover work outside the practice of law. LawFirm Workflow Management : How Can Automation Help Attorneys?
The post How Much Does It Cost to Start a LawFirm? Learn how big tech has changed the legal industry Free Guide The Small Firms Guide to Big Tech While any change in how you operate your law office can feel overwhelming, theres never been a better time to start migrating your office structures online.
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Smokeball is a lawpracticemanagement software with document assembly capabilities. Smokeball has an unusual name, to be sure; but, it actually comes from a famous legal case , which just about every substantive law-loving attorney can appreciate. (I All such captured time is pending until the user manually finalizes it.
Take advantage of your firm’s in-house training materials occasionally to refresh and build on your knowledge. If you’re lucky, your firm has videos and other information to help you jog your memory. Now’s the time to really take that feedback to heart. Contact Martindale-Avvo today to get started.
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You know you want a healthy lawfirm where you can thrive and practicelaw your own way. Adriana and Michael talk through how he organized his lawfirm, the process of finding his first clients, his approach to technology and practicemanagement, and so much more. How will you find clients?
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My past Daily Record articles can be accessed here. ** Driving LawFirm 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. hours per workday. Bankruptcy matters had the highest WIP (10.9)
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A common pain point for lawfirms is failing to track and invoice all reimbursable client expenses, resulting in losses to firm profits. Launching initially for MyCase, and later in other AffiniPay products, MyCase Smart Spend provides lawfirms with a LawPay-branded Visa credit card for their attorneys and staff.
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We discussed Clio’s greater focus on midsized lawfirms, its impending launch of generative AI, its roll-out of features for legal aid providers, and its rebranding of its Lawyaw document automation software. At the same time, Newton wanted to emphasize that Clio is not moving away from its core market of solos and small firms.
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The lawpracticemanagement company Smokeball has secured a $30 million investment from private investors and employee shareholders in order to double down on growth, it said today. It also offers automatic timetracking, document automation and form libraries, advanced matter management, and complete legal billing.
Yet the hurdles and objections voiced by lawyers are real concerns, even when it comes to proven tactics for increasing efficiency and profitability like time-tracking. They may worry they’ll be micromanaged, that it will take too much time, or not want to listen because they use alternative fees and flat fees anyway.
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When it comes to lawfirm billing, hourly billing is still a mainstay of the legal industry. But the billable hour is no longer the only option for lawfirms. 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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