Task codes are a crucial component of TimeSolv, providing a detailed breakdown of the work performed. They are especially important for LEDES billing, where specific codes are required for electronic invoices. Even if you’re not using LEDES billing, task codes can be a powerful tool for gaining insights into your firm’s operations. By supplying a task
Juggling between TimeSolv and Outlook can eat into valuable billable hours. But what if you could effortlessly track your time directly from within your emails and calendar events? Well, fret no more! TimeSolv’s powerful Outlook integration lets you do just that. This week’s tip focuses on setting up this time-saving integration in a few easy
Artificial intelligence holds the promise of improving various industries through smart automation and advanced information processing. The legal sector itself is already reaping the benefits of AI-powered tools, helping professionals manage traditionally tedious administrative tasks such as reviewing and drafting legal documents, refining transcriptions, and conducting general research.However, even as technologies continue to evolve, the
Best practices for creating an engaging, optimized online presence While there’s no question you need to have a strong online presence, it’s not always clear what you should do to accomplish that, especially if your expertise is in legal subjects, not website design or search engine optimization (SEO). Here are a few recommendations to get you
Whether you’re a fan or not, generative AI is now a major presence in many industries and is likely here to stay. Leading this charge is ChatGPT, an advanced chatbot developed by OpenAI with capabilities of processing human language to produce relevant, generally accurate answers. Despite being a relatively young project launched in 2022, ChatGPT is
Understanding the financial health of a law firm is crucial, and a key aspect of this is grasping the concept of accounts payable. So, what is accounts payable (AP)? It refers to the money a firm owes to its vendors or suppliers for goods and services acquired on credit. This essential accounting term goes beyond
Achieving financial stability is crucial for any law firm, and this often involves effectively managing two key types of transactions: accounts payable (AP) and accounts receivable (AR). Understanding the nuances of accounts payable vs. accounts receivable is essential for maintaining a healthy cash flow and meeting financial obligations. By striking the right balance between these
Invoice management might appear to be a minor detail in the grand scheme of business operations, but its impact on a firm’s financial health is significant. A well-structured invoicing system not only ensures a steady cash flow but also supports the seamless functioning of daily activities. This is especially crucial for legal firms, where timely
Receiving an unexpected or confusing bill after a successful case can quickly diminish your client’s satisfaction with the outcome. Legal fees are often perceived as opaque, and errors or delays in billing can exacerbate this perception. To avoid leaving your clients blindsided and frustrated, create clear legal billing guidelines your team can easily implement.What is
Taking control of your practice with TimeSolv is a fantastic start, but for a seamless experience, new users will need to set up a payment method, and existing firms should confirm their details are current. This week’s Tip of the Week walks you through the quick and easy process of updating your payment information in
