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Track Meet: If You’re Not Tracking Your Time, Then What Are You Doing? [Sponsored]

Above the Law - Technology

The post Track Meet: If You’re Not Tracking Your Time, Then What Are You Doing? appeared first on Above the Law. With continued tech improvements, it’s become easier than ever before.

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Why Better Time Tracking Will Stop Your Firm From Throwing Money Away [Sponsored]

Above the Law - Technology

The post Why Better Time Tracking Will Stop Your Firm From Throwing Money Away appeared first on Above the Law. Even for lawyers who aren’t tallying their 0.1s, this tech is a business ‘lifesaver.’

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Time Tracking for Lawyers: Why Every Firm Needs to Track Time to Stay Profitable

Attorney at Work

John Scott | Whether or not the client sees billable hours on an invoice, all service-based businesses need to track the time of employees who do client-facing work. The post Time Tracking for Lawyers: Why Every Firm Needs to Track Time to Stay Profitable appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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The Importance of Time Tracking for Law Firms: Analyzing and Adjusting for Profitability

CaseFox

Law firms, unlike any other business, operate on the principle of profitability. To remain profitable, law firms need to efficiently allocate their resources, including time. Time is an essential resource in a law firm, and it is crucial to track it accurately to ensure that the firm is using its time effectively.

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Time Tracking Tips for Busy Attorneys

Rocket Matter

Billable hours are at the heart of any successful law firm, but far too many attorneys still treat tracking and billing for those hours as an afterthought or a dreaded task to put off until the last minute. This hesitance when it comes to implementing better time tracking practices is understandable.

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How Attorneys Should Track Their Time

Rocket Matter

Missing out on those billable hours causes a major issue—for the lawyer who may be in danger of losing their job for not having enough billable hours and for your firm, which needs to grow and counts on client-paid time for revenue. Missing hours also comes down to an accuracy problem. In fact, many lawyers forget more than that.

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Four Months After Launching Its ‘Homegrown’ GenAI Tool, Law Firm Gunderson Dettmer Reports On Results So Far, New Features, And A Surprise on Cost

Above the Law - Technology

In August, the Silicon Valley-based international law firm Gunderson Dettmer became one of the first U.S.-based based firms — if not the first — to develop and launch a “homegrown” internal generative AI tool, which it calls ChatGD. “I was shocked at how much of a difference it really is.”

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