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Maximize Your Billable Hours with These 10 Time Tracking Tips

Rocket Matter

If you had a dollar for every time a lawyer wanted more time in the day…well, you’d probably have enough to retire. Time is always in short supply for law firms, especially for firms with limited resources. Here are 10 time tracking tips to maximize your billable hours today! For an even easier fix, though… 2.

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Never Lose Billable Time Again with Automatic Time Tracking Applications

Rocket Matter

If we asked 100 people, “Do you think you should get paid accurately for the time that you work?” We’re talking about the unintentional ways that law firms decrease their profits via lost billable time. Why do lawyers lose billable time ALL the time? That causes your firm to lose out on billable time.

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Legal Time Tracking Essential Insights: Overcoming Challenges in Implementing Effective Time Tracking Systems for Law Firms

Rocket Matter

Yet the hurdles and objections voiced by lawyers are real concerns, even when it comes to proven tactics for increasing efficiency and profitability like time-tracking. They may worry they’ll be micromanaged, that it will take too much time, or not want to listen because they use alternative fees and flat fees anyway.

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

Rocket Matter

It also has to consider production costs, equipment, office space, overhead, and other expenses. Three ways time and expense tracking software can help define your billable rate To get the correct billable rate, you’ll need to work with the right data. That’s where time and expense tracking software comes in.

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Top 8 Benefits of Time-Tracking Software for Attorneys

Rocket Matter

But that’s just the big-picture-30,000-foot-view benefit of time-tracking software for attorneys. Save time and resources This may be the most important benefit of time-tracking software. This may lead to the insight that they are spending too much time on client phone calls or not enough time taking breaks.

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What Are Billable Hours? A Guide for Lawyers

Rocket Matter

The dilemma is this: you want to track your hours accurately, but you don’t want to have to put in extra work for it. It can seem overwhelming to have to jot down every minute of client time, but, alas, if you don’t, you’ll be in an even bigger hole. Automatic time tracking improves your firm’s profitability.

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

Rocket Matter

So let’s avoid all that mess, and take a look at how NOT to bill time for clients. Watch out for these five common time and billing mistakes Lawyers often focus so much on billable hours that the non-billable administrative tasks may fall by the wayside. Your clients and your accounting team will thank you!