In many ways, the legal field is no different from any other industry. Lawyers need to track their income, manage expenses, and plan for the future using accounting reports. However, this is only part of the story. When it comes to law firm accounting, lawyers have much greater responsibilities than other professionals, as they are required to maintain compliance with … Read More
6 Tips for Effectively Organizing Your Legal Documents
Effective organization is critical to the success of any law firm. But between client meetings, legal matters, and numerous other daily responsibilities, many attorneys struggle to stay organized and on track. And one task that is quick to fall by the wayside is keeping documents organized. You don’t have to resign yourself to ALWAYS having a messy desk—or desktop. With … Read More
Trust Accounting Basics for Estate Planning Law Firms
When someone chooses your law firm to handle their estate, they’re trusting you with far more than just their money. They’re also relying on you to help protect their assets, make sure your loved ones are provided for and guarantee that their legacy is carried out according to their wishes. And because trust accounts play a major role in estate … Read More
Back to Basics: Legal Practice Management
When you run a law firm, you are responsible for far more than just winning cases or representing your clients—you also need to manage your law firm’s day-to-day operations. Legal practice management is a complex but necessary part of your business. Unfortunately, law firms often struggle with it. While you may know your area of the law like the back … Read More
CosmoLex Becomes Exclusive Preferred Practice Management Software Partner of the Canadian Bar Association
CosmoLex helps the legal profession thrive while catering to the unique needs of Canadian firms MONMOUTH JUNCTION, N.J. – CosmoLex, a leading practice management software provider for the legal industry, today announced its partnership with the Canadian Bar Association (CBA) as the professional society’s exclusive preferred supplier of legal practice management software. CosmoLex is a fully integrated system designed to … Read More
Law Firm Websites: Tips and Tricks You Need to Know
Your law firm’s website is a valuable tool. If it’s not optimized for today’s legal clients, you could be missing out on valuable leads. Even worse, you could end up losing existing clients if you don’t offer popular digital conveniences. With the majority of people relying on the internet to get answers to questions, discover service providers, make payments, and … Read More
What Criminal Defense Lawyers Need to Do to Plan for a Successful Year
As a criminal defense lawyer, you spend a lot of time defending your clients’ rights—both in and out of the courtroom. The meetings, court dates, and deadlines can all pile on quickly, and before you know it, you’re left with little to no time for working on administrative tasks. However, you can’t afford to let these jobs fall by the … Read More
5 Essential Marketing Tips for Solo Lawyers
Making time for marketing amidst running your law firm might not seem like a top priority—but it can be one of the most critical things you can do if you want to distinguish your solo practice from larger competitors. To grow, it’s essential to understand how to tap into your firm’s strengths and existing resources. You can get a great … Read More
Back to Basics: Legal Invoicing and Getting Paid
Legal billing processes are not only labor-intensive and detailed. They can also eat into valuable time that could be better spent working on client matters or investing in business development opportunities. Moreover, without an optimized legal billing process, you could be waiting longer to get paid and losing billable hours simultaneously. But the good news is that you don’t need … Read More
5 Legal Tech Basics Solo and Small Law Firms Need for 2023
Years ago, it was questionable for an attorney to communicate with clients via email. But legal technology has advanced at the speed of light. We’re way beyond questioning the value of email. Today, there are hundreds of software “solutions” available for every conceivable task, from tracking your clients’ contact information to organizing digital documents. Such an abundance of choice signals … Read More