Remove Legal CRM Remove Paralegal Remove Practice management
article thumbnail

How Much Does It Cost to Start a Law Firm? A Detailed Breakdown

Rocket Matter

With that in mind, it may be beneficial to begin as a solo attorney unless you have trusted partners who are also investing in the launch of the new practice. Paralegals, legal assistants, and administrative staff are among the employees you may need. Strive to keep your staff limited early on. And more important resources!

article thumbnail

4 Common Challenges Law Firm Workflow Management Can Solve

Rocket Matter

Mismanagement of staff time Billable hours make or break a law firms profitability, but too often, attorneys lose time to non-billable tasks like scheduling, document management, and client intake especially when the team has no proper time-tracking tool in place.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Common Challenges Law Firm Workflow Management Can Solve

Rocket Matter

Mismanagement of staff time Billable hours make or break a law firms profitability, but too often, attorneys lose time to non-billable tasks like scheduling, document management, and client intake especially when the team has no proper time-tracking tool in place.

article thumbnail

Friday Wrap: Four Notable Legal Tech Deals as Athennian Raises $33M, Nexl Acquires Jade, Proof Raises $7M, and Justpoint Raises $6.9M

LawSites

Then last year, it raised an additional $7M CAD in Series A extension funding, with the notable addition of Jack Newton , the cofounder and CEO of law practice management company Clio, as an investor. . The company said it will use this new round of funding “to continue taking a proactive approach to scaling its business.”

article thumbnail

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)?

article thumbnail

Never Lose Billable Time Again with Automatic Time Tracking Applications

Rocket Matter

Automated time trackers log your time as you work within your practice management software interface, so you don’t have to constantly switch between applications. Because it’s an integrated tool within your practice management software, logged time transfers to your billing system to provide accurate, seamless time-tracking records.

article thumbnail

The 5 Most Common Time and Billing Mistakes and How to Avoid Them

Rocket Matter

But when you skimp on admin time or try to cut corners, time and billing mistakes are more likely to occur. That’s why legal practice management software is so important. in 2022), it’s the right time to look at your current rates and see if you’re charging enough to remain profitable.