If there has been one constant about the qualifications to own an American law firm, it has been this–you must be a lawyer. With the exception of the District of Columbia, the default rule in U.S. jurisdictions for decades has been that non-lawyers cannot own law firms. However, this is now changing, with many states
Your attorney website is more than a checkbox. It’s your firm’s first impression for clients, a critical component of your marketing strategy, and a key tool for establishing credibility. A Google Consumer Survey found that 96% of potential clients turn to search engines for legal advice, making a well-designed website essential for attracting new
Running a large law firm is a balancing act with many moving pieces—especially when it comes to law firm billing. This is where legal billing software comes in.
Legal billing software streamlines many essential billing tasks for law firms—like tracking billable hours and expenses, creating invoices, and managing payment collections. For large law firms,
Navigating the legal profession is no easy feat. With heavy caseloads, changing regulations, and tight deadlines, it’s a constant challenge to keep up. The good news? There’s a smarter way to stay informed on the latest trends and insights—by following legal influencers.
Legal influencers are thought leaders who drive the conversation in the legal field.
As a lawyer, you’re an expert on the practice of law—but are you taking the time to track what’s important when it comes to guiding the success of your firm? Law firm KPIs, or Key Performance Indicators, can help. They can help you answer questions like:
Revenue is key to the sustainability and success of any business. It’s also an important metric for law firm owners to track—especially if you want to grow your firm and improve your profitability.
Positive revenue is obviously a good sign. But how do you know if your law firm’s revenue is enough to
Navigating one’s law firm partnership structure isn’t just about achieving a rank. For many lawyers, attaining the status (and accompanying ownership, profit potential, and prestige) that comes with becoming a partner is a lifelong career goal.
However, capturing that dream isn’t always an easy feat—especially with the variability of law firm partnership models today.
While
Billing is critical to the success of your law firm. And yet law firm billing, including billing clients and chasing down payments, can be one of the most repetitive, dreaded, and time-consuming parts of any lawyer’s day.
According to the 2023 Legal Trends Report, lawyers record less than three billable hours per day on
Free legal research tools used to be a dream. High-quality legal research is a necessity for all law firms—after all, finding the right precedent or statute could give you the edge to win your case.
In the past, paid research platforms were the only choice. We accepted legal research tools as a costly-but-necessary expense for
Credit card payments are a standard payment method for many merchants and service providers. But as the legal industry joins in, and with many law firms now accepting credit payments from their clients, one important consideration remains: fees for credit card processing.
Credit card processing fees can eat into the profits of a business more
We know—from working with our many tens of thousands of customers who rely on Clio everyday—that running a law firm has never been easy, especially without access to the right software. We started Clio with a vision to make running a law firm much easier, more lucrative for legal professionals, and more convenient for clients.
With the integration of digital platforms like Slack, emails, and a plethora of legal tech tools into daily operations, legal professionals are now required to navigate a new terrain of shorthand language that permeates online and informal exchanges. Understanding these acronyms isn’t just about keeping up; it’s about enriching interactions within your legal
It’s no secret that we’re all in when it comes to exploring technological innovations that can simplify the lives of legal professionals. However, the constant flow of artificial intelligence (AI) and tech announcements can be overwhelming—making it hard to stay on top of the latest legal technology news.
We’re here to help. In the following
In a world where technology advances at a breakneck pace, industries across the board are experiencing paradigm shifts in operation and management. Few industries feel this more acutely than the legal sector.
Here, the pressure isn’t just from the evolving tech landscape but also from changing regulatory requirements, client expectations, and competitive dynamics. Law firms,
Are you ready to leave complicated accounting tools that aren’t tailored to the unique needs of law practices behind? Are you frustrated by not having a clear view of your firm’s financial health? Are you ready to reclaim your valuable time from administrative tasks and focus more on billable work?
If you said yes to
Law school prepares lawyers for many challenges, but managing a law firm’s finances is not typically one of them. Managing the firm’s books and ensuring financial accuracy and compliance fall outside the traditional legal curriculum.
Because of this gap, lawyers often find themselves needing expert help to navigate the complex world of financial management. Accountants