Do you know your law firm’s current collection rates? Firms that have mastered their collections processes may see numbers in the 90th percentile. On the opposite end of the spectrum, some legal practices grapple with collection rates in the 50th to 60th percentile range. Even more disturbing, many law firm leaders have no clue what…

Being able to customize fields according to your individual business needs allows you to exercise greater control and flexibility by adding information beyond basic data. These user-defined fields mean you can be as creative and intuitive as needed when storing information under each individual Client and Matter. What’s more, Matter custom fields can now be…

Do you know your law firm’s current collection rates? Firms that have mastered their collections processes may see numbers in the 90th percentile. On the opposite end of the spectrum, some legal practices grapple with collection rates in the 50th to 60th percentile range. Even more disturbing, many law firm leaders have no clue what…

TimeSolv just rolled out a new product release featuring the ability to create multiple Sub-Task and Expense Codes using the same UTBMS code. This will help benefit those firms that want to be able to use their own internal codes that are then translated into specific UTBMS codes when generating LEDES invoices. All associated entries…

Do you know your law firm’s current collection rates? Firms that have mastered their collections processes may see numbers in the 90th percentile. On the opposite end of the spectrum, some legal practices grapple with collection rates in the 50th to 60th percentile range. Even more disturbing, many law firm leaders have no clue what…

Do you know your law firm’s current collection rates? Firms that have mastered their collections processes may see numbers in the 90th percentile. On the opposite end of the spectrum, some legal practices grapple with collection rates in the 50th to 60th percentile range. Even more disturbing, many law firm leaders have no clue what…

Data analytics takes large amounts of data and analyzes it to identify patterns and trends. Attorneys can then take this actionable information and use it to analyze the current health of their firms and to make informed business decisions for the future.   Effective reporting and analytics provide the ability for Timekeepers to efficiently consume data in an efficient manner to drive productivity, efficiency, all…

Do you know your law firm’s current collection rates? Firms that have mastered their collections processes may see numbers in the 90th percentile. On the opposite end of the spectrum, some legal practices grapple with collection rates in the 50th to 60th percentile range. Even more disturbing, many law firm leaders have no clue what…

Do you know your law firm’s current collection rates? Firms that have mastered their collections processes may see numbers in the 90th percentile. On the opposite end of the spectrum, some legal practices grapple with collection rates in the 50th to 60th percentile range. Even more disturbing, many law firm leaders have no clue what…

Enabling commissions allows Timekeepers to earn specified percentages on Matters they work on. This week’s Tip of the Week takes a look at how to enable commissions, set them up for Responsible and Originating Timekeepers on the Matter, and run a Revenue & Commissions report. To enable commissions, click on Account>Settings>General>Enable Commissions. Originator Timekeeper commissions…

Do you know your law firm’s current collection rates? Firms that have mastered their collections processes may see numbers in the 90th percentile. On the opposite end of the spectrum, some legal practices grapple with collection rates in the 50th to 60th percentile range. Even more disturbing, many law firm leaders have no clue what…

Do you know your law firm’s current collection rates? Firms that have mastered their collections processes may see numbers in the 90th percentile. On the opposite end of the spectrum, some legal practices grapple with collection rates in the 50th to 60th percentile range. Even more disturbing, many law firm leaders have no clue what…

TimeSolv has just rolled out the flexibility of setting the frequency for recurring expenses. Firm users can now choose from bi-weekly, quarterly, and semi-annual recurring expense charges. This means firms can comply with their business’s standard charge recurrence intervals. This week’s Tip of the Week explores how to set up the frequency for recurring expenses.…