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Alternative Fee Arrangements for Law Firms: 9 Examples

Clio

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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Building Family Law Firms of the Future: Insights on Profitability, AI, and Firm Culture

Centerbase

In a rapidly evolving legal landscape, family law firms face unique challenges that require innovative strategies to ensure long-term success. In advance of the AAML Annual Meeting in Chicago, Affinity Consulting Group, Centerbase, and 12 AAML fellows discussed how family law practices can adapt to future demands.

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Strategic Law Firm Budgeting: 7 Steps for Stability + Growth

Centerbase

More and more law firms are recognizing how important it is to manage themselves like a business to survive in today’s competitive market. Businesses operate with efficiency, strategic planning, and a keen eye on the bottom line — principles that law firms can adopt to enhance their operational effectiveness.

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2024 Law Firm Data Security Guide: How to Keep Your Law Firm Secure

Clio

Law firm data security should be a top priority for any practice, and here’s why: Clients trust you with their most confidential information. Since clients entrust lawyers with so much of their sensitive data, law firms make prime targets for cybercrime. You don’t want your law firm to become part of that statistic.

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LEDES Billing Essentials: Streamlining Law Firm Invoicing

Rocket Matter

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. What is LEDES Billing?

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How Technology Changes the Game for Law Firm Profitability 

Centerbase

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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Maximize Law Firm Profitability with Practice Area Analysis

Centerbase

By Debbie Foster, CEO, Affinity Consulting Group Moving Beyond Billable Hours Law firm profitability is often viewed in simplistic terms: the more billable hours attorneys log, the more profitable the firm becomes. The post Maximize Law Firm Profitability with Practice Area Analysis appeared first on centerbase.com.