Remove Article Remove Failure-to-appear Remove Time-tracking
article thumbnail

Law Firm Accounting: Best Practices for Efficiency and Compliance

Centerbase

This article outlines essential accounting practices for law firms, emphasizing compliance with trust accounting rules and strategies for improving financial efficiency. Main Takeaways From This Article: Compliance with trust accounting rules is paramount in legal practice, necessitating strict attention to detail.

article thumbnail

Lawyerist Lab Brings Coaching Sessions to ClioCon 2023 Attendees

Lawyerist

Accountability : While a coach can’t do the hard work for you, they are there to help you stay on track and maintain momentum. “It’s Just for Struggling Businesses” or “It’s Only for Startups” : Coaching isn’t a remedy for failure or just for new businesses. It can be unnerving and uncertain.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

South Korea Enacts New AI Law

Debevoise Data Blog

In this article, we provide an overview of the Basic Acts requirements that are most relevant to businesses and compare them to the obligations of other AI-specific laws. South Korea has become the latest country to pass a national AI law. Basic Acts Scope: Who Has to Comply?

Law 52
article thumbnail

Boredom Is a Gift: Unlock a Powerhouse of Creativity and Problem-Solving

Attorney at Work

Boredom is good for you and might just be the secret key to getting your life back on track. Normally I pepper my articles with data from carefully researched scientific papers and quotes from reputable writers in established magazines, but this one is different. This is from the heart. ” That is not too far off the mark.

article thumbnail

Law Firm Management: The Ultimate Guide for Modern Firms

Centerbase

Clients seek timely, high-quality legal services with clear communication, while attorneys and law firm administrators navigate evolving regulations, intricate trust accounting rules, and stringent data security requirements. What Is Law Firm Management? Why Is Law Firm Management Necessary?

article thumbnail

How to Make Clients Happy: 5 Simple Workplace Tips for Young Lawyers

Attorney at Work

If you want to keep a business client happy, don’t waste their time — and try not to make working with you a chore. One of our favorite vendors has changed their billing system three times in the past seven years —each change accompanied by a lengthy memo explaining the process and its reasoning. I don’t care. You probably won’t mind.

Lawyer 103
article thumbnail

A Guide to Enhancing Matter Profitability for Law Firms

Centerbase

Written by Carol Patterson Law firms that solely rely on tracking billable hours might assume that each legal matter they handle is equally profitable. The only way to tell which matters the firm should invest its time in is to look at profitability at the matter level. What is matter profitability? It goes beyond just billable hours.