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Project Management Essentials for Law Firms in 2023

Rocket Matter

If you’re reading the Rocket Matter blog, it’s safe to say that you want your firm to succeed in 2023. Six uncomplicated legal project management tools to try in 2023 . To provide timely service to every client in a timely manner, clear ownership and deadlines for tasks are vital. . Simple time tracking and billing

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Everything You Need to Know About Law Firm Revenue

Clio

It’s also an important metric for law firm owners to track —especially if you want to grow your firm and improve your profitability. According to the 2023 Am Law Report , the largest 100 law firms in the US earned $131 billion in total revenue in 2022, a 2.7% Track (and optimize) your law firm’s key metrics Knowledge is power.

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Highlights from the 2023 Legal Trends Report

Clio

As the legal industry’s most in-depth examination into the state of legal practice, the 2023 Legal Trends Report brings together critical insights on the biggest challenges facing modern law firms. The 2023 Legal Trends Report explores, among other things, the power of levers—mechanisms that can amplify firms’ efforts. Total lockup.

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Tips to Elevate Your Billing in Clio

Clio

Now, with Clio, it’s easy, it’s efficient, it takes 45 minutes, and people get it done on time.” – Angela Lennon, Koenig | Dunne Inefficient billing workflows can be a burden on busy law firms, eating up hours every month that could be spent serving or acquiring more clients. You can view and edit your bill messaging templates here.

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Exclusive: Economic Optimism Among Smaller Law Firms Drives Increased Spending, But They Still Face Challenges Meeting Client Demands, New Survey Finds

Legal Tech Monitor

economy, smaller law firms are showing greater optimism about their futures, as evidenced by the face that they are either maintaining or increasing their 2023 budgets across most key categories, according to a survey report released today. This struggle is intensified during down economic times, which commonly lead to delays in collection.”

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Clio Identifies Small Efficiencies That Can Add Up Big for Law Firm Revenue

Legal Tech Monitor

Law firms looking to improve collection rates should consider online billing and payment options, according to new data from Clio’s 2023 Legal Trends Report. This means the average legal professional is earning almost three-quarters more revenue for their firm in 2023 than in 2016. as well as a survey of 1,446 U.S. The reason?