Like any business, law firms provide services with the expectation of being paid at the time the work is finished. Unfortunately, the average law firm only collects about 85% of invoiced amounts, which can add up to tens of thousands of dollars in lost revenue.
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What Software Is Used To Keep Track of Billable Hours in Law Firms?
If you’re a legal professional, the best time tracking and invoicing software for your work will comply with legal standards, have tracking options for billable and non-billable hours, and give you a simple process for creating detailed invoices.
3 Year-End Tips to Get Ahead on Law Firm Taxes
The end of the year is always a busy time for law firms. Wrapping up cases, closing out finances, and planning for the new year can leave even the most organized teams feeling stretched thin. Among all the chaos, tax-related tasks often get pushed aside — sometimes until it’s too […]
Attorney Time Tracking Template Best Practices
This guide gets into every aspect of attorney time tracking templates, exploring their uses, limitations, and how they stack up against specialized time tracking software.
A Guide to Law Firm Payment Processing That Increases Revenue
Today’s clients, used to instant, flexible payment options everywhere else, bring those same expectations to their legal interactions. This trend has pushed the legal industry to explore online payment systems for law firms that enhance client satisfaction, reduce disputes, and support a healthy cash flow.
5 Steps to Guide Your Law Firm Through the Data Migration Process
Whether you’re looking for new technology or considering upgrading your current technology, you’ll need to understand the basics of migrating your data. Read on to find out how to make the process run smoothly.
Is There an App to Track Billable Hours?
Looking for the perfect app to track billable hours? Learn how legal professionals are using mobile tools to streamline time tracking on the go.
Where To Find The Best CLE Resources For Attorneys
Every state requires that you carve CLE time out in your busy schedule. What you don’t have time for is chasing down resources. Here are some of the best CLE resources out there for time-constrained attorneys.
7 Tactful Strategies for Justifying an Attorney Rate Increase to Clients
Raising your rates can feel like walking a tightrope. On one hand, you want to be fairly compensated for your work. On the other, you don’t want clients to balk at the idea of paying more. So, how do you handle this? It starts with communication and a strategy that shows your value clearly.
5 File Tree Structure Templates For Law Firms
Finding documents shouldn’t feel like searching for a needle in a haystack. A solid file tree structure can make all the difference in keeping a law firm organized and efficient. When you know exactly where to look, you save time and reduce stress — no more digging through endless folders or wondering where the latest…
7 Tips to Better Organization for Lawyers
Practicing law involves managing countless details and deadlines. This can become a challenge for many lawyers in a high-paced law firm juggling various projects.
How Do Consultants Track Billable Hours?
Learn how legal consultants track billable hours and the benefits of using legal time tracking software for precise billing.
Best Practices For Communicating Legal Fees and Expenses to Clients
hen it comes to money, clients want a full accounting. You should be communicating fees openly and honestly to earn their trust.
What Do Lawyers Use to Track Time?
Legal time tracking software is the go-to method for lawyers tracking billable hours. This time tracking software works with the nuances of law practice, offering features such as multiple timers, mobile-friendliness, simplified invoice creation, and much more. Time tracking software in 2024 is indispensable, especially for the demanding nature of […]
What Is the Standard Billing Increment?
Most lawyers use 6-minute increments for billing. Why? It’s simple and fair. You don’t lose time or overcharge. Whether you use manual methods or legal time tracking software, tracking billable hours vs. actual hours ensures you charge clients fairly and manage your time effectively. With a clear outline of the […]
How Do I Track My Billable Hours?
Discover effective ways to track billable hours for lawyers, including the benefits of legal software over manual timekeeping methods.