A well-designed law firm website isn’t just nice to have—it’s necessary for generating business. But with so many law firms competing for visibility, your website needs to persuasively communicate your firm’s unique value proposition, while also making it easy for potential clients to learn more about your services, connect with your team, and convert from lead into paying client. This … Read More
Enhancing Client Satisfaction through Efficient Billing Practices
Billing inefficiencies cost law firms more than time—they can erode client trust. Untracked billable hours, delayed invoices, and slow payments frustrate clients, undermining their confidence in your firm. But what if you could turn cumbersome processes into easy-to-manage workflows that result in happier, more satisfied clients? Read on for strategies that will help you get there. Common obstacles that prevent … Read More
Integrating Payments with Practice Management: A Game Changer for Law Firms
Improving your practice is a great goal, but it’s not always easy to figure out what changes will have the biggest impact. While there are plenty of tactics you can use, integrating your payment processor with a practice management solution is a game changer. By adopting a fully integrated solution, you reduce your overhead costs and increase efficiency. The right … Read More
CRM Best Practices for Law Firms: Engaging and Retaining Clients
Digital marketing costs for lawyers have increased in recent years, due to more competition between law firms for cost-per-click advertising and stricter data privacy laws. Today, the average law firm spends $500 to $2,000 to acquire one new client. To ensure a profitable bottom line, it’s in a law firm’s best interest to retain more clients. Clients tend to stick … Read More
General Ledger Accounting for Law Firms: Top Mistakes & Tips to Avoid Them
General ledger accounting is the cornerstone of effective financial management for law firms, ensuring compliance and securing financial health. Mastery of this fundamental practice not only guarantees accuracy but also enhances the overall efficiency of your firm. Understanding the purpose of a general ledger, common mistakes to avoid, and best practices for proper reporting can help you optimize your accounting … Read More
PCI Compliance and Secure Payments: Why It Matters for Your Law Firm
With the rise in data breaches and other cybersecurity incidents over the past decade, clients expect that you safeguard their sensitive information as carefully as you safeguard their best interests. The imperative is real: according to a recent report by Vercera, 66% of consumers would not trust a company that falls victim to a data breach involving their information. That … 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
6 Takeaways from 2023: A Reflection on the Year’s Challenges and Successes
2023 stands out as a year of significant transformation for the legal field. Law firms, both large and small, found themselves navigating new and nuanced challenges, from the intricacies of remote work to pressing cybersecurity concerns. And then there’s the elephant in the room: generative AI. Yet, with challenges come opportunities. As we reflect on the past year, it’s evident … Read More
Top 5 Year-End Accounting To-Dos for Legal Teams
As the year winds down, everyone is looking forward to holiday festivities and a well-deserved break from the whirlwind of cases, clients, and courtrooms. But there’s a looming task you have to take care of before that end-of-year break: year-end accounting. Wrapping up the year is an excellent opportunity to analyze the year’s progress, ensure compliance, and set the stage … Read More
Four Signs Your Data Isn’t Ready to Migrate (And How to Get it Ready)
Isn’t it nice to make a fresh start? The opportunity is fast approaching as we move into the fourth quarter of 2023 and contemplate how to wrap up the year and make some changes for the next one. What’s on the list for some law firms? Adopting a new accounting software to kickstart 2024. The new year is an optimal … Read More