Billing is the heartbeat of any practice. It’s how you keep the lights on (or the computers if you’re remote or hybrid), your team paid, and your firm thriving. But traditional manual billing processes are time-consuming, error-prone, and a major burden on you and your administrative team. The good news is that there’s a solution that can make billing a … Read More
How to Maximize ROI From Your Law Firm’s Website
There are certain things that you just expect from a business. For instance, at a restaurant, you expect a menu that is clear and easy to read. You expect the ambiance to match the food. You also probably check online reviews before you go. But what if the restaurant looks run down, and the menu doesn’t make sense? What if … Read More
Getting Paid for Every Single Invoice You Send is Possible
If you’re running a legal practice, managing your cash flow effectively is a necessity for survival and growth. One of the more frustrating aspects of cash flow is dealing with late invoices. For law firms, managing partners, and firm administrators, chasing down clients to pay late invoices can be all too familiar. It’s time-consuming and diverts your attention from billable … Read More
Right-Sizing Your Firm’s Need for CRM Software
Legal CRM (client relationship management) software is a valuable tool for growing your practice. Law firms of all sizes—especially small and medium-sized firms—can use these tools to move clients through the intake process more quickly, improve client communication (and, by extension, client satisfaction), and better invest their marketing spend. But there are an abundance of CRM options, with an almost … Read More
How Easy Is It for Clients to Pay You? Simplifying Law Firm Billing Processes
Running a law firm is a complex undertaking that requires a lot more than filing briefs or showing up in court. From managing cases to meeting with clients and keeping up with all your firm’s administrative processes, tasks and processes can slip through the cracks. While it may not seem like the most pressing thing on your plate, don’t underestimate … Read More
Streamlining Legal Practice: The Power of Simplifying Workflows in 2024
In general, simplicity is an underappreciated virtue. But think about it: the simpler your system, the fewer ways it can go wrong, either because of technical glitches or human error. In addition, when things do go wrong, the source of the problem is easier to locate when your systems are optimally streamlined. These procedural truths apply to your law firm’s … Read More
Revisiting Trust Accounting Basics: Mitigating 5 Risks Impacting Your Law Firm’s Bottom Line
In the complex world of legal practices, trust accounting is a critical component of the financial success of a law firm. It’s also frequently misunderstood. More than just another mundane aspect of bookkeeping, trust accounting creates the foundation for financial stability and compliance. On the other side of the coin, neglecting trust accounting processes can lead to severe consequences. These … Read More
Your Firm Website as Part of Your Practice Management System
In today’s tech era, your law firm’s website is more than just a digital billboard for your practice—it’s your very identity online. In fact, you could say you ARE your website. So why settle for a mere online presence when your website can be a powerhouse tool that seamlessly melds with every aspect of your practice? From lead generation to … Read More
The Do’s and Don’ts of Handling Client Funds
Handling client funds demands a great deal of responsibility and attention to detail. To adequately manage client funds, you need a comprehensive understanding of legal accounting. It comes as no surprise that this involves a lot of factors. Sometimes, it helps to have a refresher. To help legal professionals successfully manage client funds and stay compliant with trust accounting, we’re … Read More
Is Surcharging Right For Your Law Firm?
Should your law firm pass the baton of credit card processing fees to your clients, or bear the burden itself? This question gets at the heart of surcharging decisions faced by law firms that are considering whether to offer digital payments. While allowing clients to pay by credit card can help improve payment rates, the accompanying service charges can take … Read More