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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.”

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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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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.

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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.

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Six Tips for Keeping Your Solo Legal Practice Organized

Rocket Matter

While medium- and large-sized firms usually have administrative assistants, paralegals, clerks, admins, and even entire teams to oversee client onboarding, marketing, documentation, time and expense capture, and billing, a solo practitioner has to manage all those functions on top of their actual legal work. It can be a lot.

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Do Lawyers Use CRM?

Lawmatics

CRM insights can help your team understand your potential customers better so you can nurture leads and convert them into clients. Understanding the Role of Legal CRMs A legal CRM is an indispensable tool for law firms to serve their clients best. The post Do Lawyers Use CRM? first appeared on Lawmatics.

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How to Find the Right Document Management Solution

Rocket Matter

Left unstructured, document management can become a black hole of confusion, frustration, and non-billable hours. What if it was all in one place? With Rocket Matter, it’s easy to build the document management solution that’s right for you Every legal practice is different, and every practice has different needs.