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What Are Billable Hours? A Guide for Lawyers

Rocket Matter

Not only that, but the specificity in legal management software allows a firm to know how much time is being spent on phone calls vs. research, how many hours are spent on non-billable time, etc., so that a firm can do an autopsy of its workflow and make tweaks to enhance productivity. What is a billable hour (and what isn’t)?

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Maximize Your Billable Hours with These 10 Time Tracking Tips

Rocket Matter

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%

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How to Find the Right Document Management Solution

Rocket Matter

This is especially true in the legal industry, where lawyers, paralegals, and other industry professionals deal with a significant amount of paperwork and documentation. Document management is essential to staying organized and on top of your caseload (without sacrificing billable hours or layering on unnecessary work).

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Never Lose Billable Time Again with Automatic Time Tracking Applications

Rocket Matter

With manual time tracking, firms can end up undercharging for their work when projects take more time than they should based on internal data. With automated time trackers, firms can understand exactly how much time it takes on average for each assistant, paralegal, attorney, and partner to accomplish specific tasks.

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Six Tips for Keeping Your Solo Legal Practice Organized

Rocket Matter

Free Guide The Paperless Law Office: A 12-Month Plan for Going Paperless This free guide will provide you with an actionable plan for going paperless, with monthly tasks that include: 1. Determining your paperless processes 2.

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Five Key Principles for Streamlining Your Legal Practice

Rocket Matter

Ask your receptionists, paralegals, IT group, HR team, and accounting department as well as your associates, partners, and clients where they think your organization excels. Do your invoices go out and get paid on time? Is your team good at negotiating settlements? Create the most accurate list possible by seeking input across your firm.

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3 Ways to Set Your Billable Rates with Time and Expense Tracking Software

Rocket Matter

It’s also critical to understand how much time it takes for paralegals and administrative staff to complete their casework. Build accurate billable rates for administrative work Automated time tracking isn’t just for your partners and associates.