3. Receive robust performance reportsUnderstanding the success of your law practice requires detailed performance analytics. Legal billing software for solo practitioners makes this accessible through reporting tools that help you track key performance indicators such as your billable hours, firm expenses, received and pending client payments, and overall profitability per case. With these
In the billable-hour world of law practice, time management for lawyers is more than just a skill worth developing—it’s a key to survival. Good time management can mean the difference between a thriving practice and one that struggles to get by. When lawyers and law firms manage their time well, they are more productive, work
This week, let’s talk about Non-Billable Matters—those projects that don’t add to the revenue stream but still need to be tracked, tweaked, and sometimes tidied up. If you’ve got a pile of non-billable entries cluttering your system, we’ve got the tools to help you clean up like a pro! Where to Go
Navigate to Clients
A detailed law firm budget provides essential guardrails for your law firm’s finances, regardless of your company’s size, revenue, or how long you’ve been practicing. Without a structured budget, your practice could easily be at risk. But if you have a solid spending plan in place, you can safeguard your bottom line while staying ready
Technology trends in the legal sector Your clients want you to use the latest technology, and so does your staff.
Today’s legal professionals have high expectations for access to newer tools, and technology that encourages agility, change, and the ability to work remotely. Eighty-seven percent of corporate lawyers and 83% of law firm lawyers say
Do you have a growing list of active matters that’s starting to feel overwhelming? TimeSolv’s Active Matter Admin feature is here to help you stay organized and efficient. Users can sift through all the active and inactive matters to keep the business organized. Here are some tips to get the most out of this essential
Industry standard compliance: PCI DSS certification If you take debit and credit cards as payment in your law firm, you’re familiar with the Payment Card Industry Data Security Standard (PCI DSS). It’s a set of security standards that you have to comply with to accept credit cards, and it must be taken seriously. PCI DSS
Past Due Invoice Email Templates for 30-, 60-, and 90-Day Intervals
Whether you’re reaching out for the first time or following up multiple times, using well-crafted templates can save you time and set a clear tone.
Here are some templates to help:
30-Day Past Due Reminder
Subject: Friendly Reminder: Invoice # [Invoice Number] Now
Paralegals typically supplement a lawyer’s efforts when preparing for cases, taking on tasks like drafting legal documents, and conducting client interviews, among many others. But these are not the only matters you concern yourself with. A crucial part of a paralegal’s role is taking the administrative load off the team’s plate. This includes client billing
The longer it takes to complete a task on your page, the less likely they are to convert into a client. Reducing the number of form fields from 4 to 3 can increase conversion rate by almost 50%, according to Quick Sprout.
Instead of overwhelming visitors with a list of questions, collecting the most
Streamlining year-end financial tasks with TimeSolvPay As the year draws to a close, it’s time to get proactive about key financial tasks. TimeSolvPay can help law firms manage these activities with greater accuracy and efficiency, leaving you more time to wrap up client work.
1. Review firm financials
Conduct a detailed analysis of your financial statements
Need to send out reports automatically and regularly? Look no further than TimeSolv’s Quick Schedule feature on the new reports! This week’s Tip of the Week will guide you on this powerful tool that allows you to create and manage report schedules with ease. Create Schedules in a Flash
To get started, simply create a new
Law firms work hard to provide top-notch legal services, but getting paid on time can sometimes take just as much effort. Late payments and overdue invoices can cause massive disruptions to a company’s cash flow. A high stack of accounts receivable (AR) is bad for business as it impairs daily operations as well as the
Personal injury law can be a demanding field riddled with complex cases, with each carrying its own challenges—determining liability, proving negligence, or dealing with uncooperative insurance companies. With high stakes requiring every detail to be accounted for, the role of a paralegal becomes all the more underscored in this context. Personal injury paralegals serve as every
2. SEO-optimized pages
Search engine optimization (SEO) is the process of improving your website’s visibility to rank higher for your services on search engine result pages (SERP). For example, if you type in “employment lawyer in Tampa, Florida,” Google will deliver a list of lawyers in that geographical region.
But to make that list, you
Three ways TimeSolvPay helps your law firm increase cash flow There’s a reason why 84% of law firms accept online payments—their cash flow increases. On average, they’re paid three times faster than cash or check.
However, there’s a big difference between generic payment processors and legal-specific vendors. The legal sector has specific rules and regulations