Today’s tech-savvy clients expect online payment options—especially the ability to pay by credit card—from the companies they do business with, whether they’re buying a new sweater or hiring a lawyer. In fact, between 2000 and 2018, the use of credit cards grew 392%, while checks declined by 66%, according to the US Federal
I still remember the job fair that cemented my decision to go to law school: Every table from a major law school was advertising the average starting salary of one of their graduates in private practice. Not being a lawyer yet, I conveniently ignored those disclaiming words of “private” and “average” and locked it into
Like all the other economic crises before, the impending recession will cause a decline in business activity, increased unemployment, rising government debt levels, and credit squeezes. Due to a liquidity shortfall, both consumers’ and businesses’ ability to meet debt payment obligations will weaken. Many businesses are getting pushed into a state of insolvency.
It’s a classic paradox for law firms: While it’s essential for attorneys to track their time, traditionally, the lawyer time tracking process takes up time. Because tracking hours manually is tedious and time-consuming, it’s common for lawyers to put it off—which means losing billable hours. As noted in the 2021 Legal Trends Report, the
Consumer demand for convenience and flexibility is driving a global digital transformation—and the legal industry is no exception. Today’s legal clients want to be able to pay their legal fees quickly, easily, and securely. Indeed, the 2021 Legal Trends Report found that online options are the method of choice for making payments, with 66% of
In the world of criminal defense law, there is no one-size-fits-all approach. Countless people need the help of criminal defense lawyers every day, as the number of people convicted remains high. Each case is different, and wrongful verdicts can happen. Criminal defense lawyers need a well-thought plan tailored specifically for their clients to secure a
Today’s clients are constantly on the lookout for the little things that make their lives easier. One of those things is paying for services online: 65% of legal clients prefer digital payments, such as credit cards.
The good news for lawyers is that law firms who give clients what they want enjoy the benefits
Business cards are essential for law firm marketing. The most effective business card designs for attorneys aren’t just about color palettes and card stock. In addition to featuring great design and layout, law firm business cards also need to recognize an attorney’s ethical responsibilities. However, when done and used right, a business card can
When it comes to law firm finances, knowledge is more than just power—it’s key for succeeding long term and staying compliant with ethics rules. One crucial source of financial knowledge for any firm is its law firm chart of accounts.
A law firm chart of accounts serves as a comprehensive list of all of a
Since 2016, legal professionals have relied on Clio’s annual Legal Trends Report for objective, comprehensive analyses of legal industry trends. As the legal industry’s most in-depth analysis into the state of the legal practice, the 2021 Legal Trends Report brings together critical insights about how legal services have adapted to the challenging circumstances of the
Understanding how to calculate utilization rate is integral to running a successful law firm business. Law firms are also unique when compared to other businesses because hours are divided into billable versus non-billable. According to the 2021 Legal Trends Report, your firm’s utilization rate allows you to measure your firm’s workload and productivity. It’s
A career in the legal industry can be incredibly rewarding. However, the optimal role or area within the landscape of the legal profession might take some time to find. If you’re trying to decide between pursuing a career as a paralegal or as a lawyer, you may be wondering what’s the difference between a paralegal
Should law firms charge clients credit card processing fees? As the demand for online payments increases, many lawyers find themselves facing this question.
We’ve seen discussions in the Law Community and other online forums, but what’s the best option for your firm? More importantly, what is the legal implication of each option?
Law firms need
Just as there’s more than one type of lawyer, there are also many different types of paralegals—and there are many paths a paralegal’s career can take.
While the American Bar Association (ABA) offers a fairly basic definition of a paralegal, there really is no way to create a singular job description for a paralegal.
Keeping accurate, clean records of your law firm’s accounts is a challenging yet vital part of running a legal practice, but it doesn’t have to be a hassle. Law firm accounting software simplifies your firm’s accounting and bookkeeping workflows—making it easier to keep accurate records, stay compliant with ethics rules, protect sensitive client information, and
The 2021 Clio Cloud Conference was undoubtedly our biggest and most exciting event to date. As lawyer, writer, and media consultant Bob Ambrogi wrote, “The Clio Cloud Conference is always the occasion for the law practice management company to announce new and enhanced products, and today’s kick-off of this year’s event was no different, with