As a law firm owner, you’re no stranger to the complexities of running a practice. You’ve got a million things on your plate, and accounting is just one of them. It’s easy to think your current business accounting software is doing the job just fine. But the truth is, legal practices have unique needs that standard tools often overlook. We … Read More
Get Going and Keep Growing with Lawyer’s Business Suite from CosmoLex
Running a law firm in the digital age poses unique challenges. From attracting new clients to managing your leads, cases, time, billing, and accounting, a successful law firm needs more than just a team of skilled lawyers. It requires effective systems in place to ensure smooth operations. Fortunately, there’s a solution that can streamline these processes and accelerate your firm’s … Read More
What Every Attorney Needs to Know About IOLTA
Are you grappling with the complexities of managing Interest on Lawyer’s Trust Accounts (IOLTA)? Ever felt overwhelmed by the meticulous record-keeping, stringent regulations, and the high stakes of handling client funds? You’re not alone. Many attorneys, solo and small law firms, new attorneys, and paralegals face these challenges daily. But understanding IOLTA accounts is not just a regulatory requirement—it’s a … Read More
How to Prevent Losing Potential Clients (Hint: It’s Marketing Automation)
Most law firms know that marketing is a critical component of success, but keeping clients moving through the sales funnel can be challenging for busy attorneys who are already stretched thin with billable work. Using marketing automation with a client relationship management (CRM) software is an excellent strategy for keeping prospective clients from slipping through the cracks or turning to … Read More
Why Law Firms with Payment Options on Their Websites Have Higher Liquidity
We don’t want to ruffle any feathers, but we have to say it: there’s more to operating a successful law firm than practicing law. Sure, it’s a pretty big prerequisite, but at the end of the day, a law firm is also a business. And as businesses, law firms do need to consider things like online reviews, payment processing, utility … Read More
How Secure File-Sharing and eSignatures Can Streamline the Legal Process
It’s no secret that legal professionals are some of the busiest people around. Even the non-billable operational tasks of running a law firm—from managing client intake to billing and invoicing—can leave attorneys to feel stretched thin. If you’ve been on the hunt for ways to increase your efficiency and streamline tasks at your law firm, you’re not alone. There are … Read More
How to Choose the Best Legal Practice Management Software for Your Firm
Managing a law practice without the right technology can quickly become overwhelming, as administrative burdens and lack of organization can detract from your efforts to provide top-notch legal services. The right legal practice management software can be a real game-changer, though. When you choose the right software for your firm, you enjoy improved efficiency, collaboration, and case management. But how … Read More
Back to Basics: Trust Accounting for Small Law Firms
Trust accounts are among the most complex aspects of running a law firm—and they can be especially intimidating for small firms because there are fewer people to bear the fiduciary responsibility. To add to the stress, compliance mistakes with trust or IOLTA accounts can lead to serious consequences, ranging from fines to disbarment. But you don’t have to let the … Read More
Five Ways to Improve the Client Experience at Your Law Firm
One of the greatest advantages of managing a solo practice or small law firm? The ability to work closely with your clients. You get the opportunity to truly know each client who walks through your door, and as a result, you can better serve them. Additionally, building close relationships with clients increases the chance that they’ll be satisfied with your … Read More
Introducing CosmoLex Websites for Law Firms
Building a website can be a demanding project. It requires tech skills, graphic design insight, copywriting know-how, and, of course, time. For large law firms, these projects can be difficult to take on, yet still manageable. For small law firms and solo firms, though, the time, money, and resources required to get a great website can seem like a non-starter. … Read More