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Driving law firm efficiency: Proven productivity tips

Legal Tech Monitor

My past Daily Record articles can be accessed here. ** Driving Law Firm Efficiency: Proven Productivity Tips In today’s ever-evolving world, technology has become a key differentiator for lawyers, driving productivity and profitability in a highly competitive market. Bankruptcy matters had the highest WIP (10.9)

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A Mindset Shift on Law Firm Metrics Could Grow Your Firm

Legal Talk Network

You can look at] small data, I mean think about it, you’ve got a corpus of information in your law firm through which you can measure your clients and your staff and the activity of those two groups. Smart law firms are motivated to track effectively because if you want to get paid you want to track your financial information.

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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. But how do you know if your law firm’s revenue is enough to grow and scale your business? And how does your firm’s revenue stack up against the average law firm revenue?

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Law Firm Billing: Ultimate Guide and Best Practices

Clio

Billing is critical to the success of your law firm. And yet law firm billing, including billing clients and chasing down payments, can be one of the most repetitive, dreaded, and time-consuming parts of any lawyer’s day. Billable time and disbursement fees/expenses are logged throughout the case.

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Mess Around and Find Out: Why Choosing the Right Patent Litigator Matters

Brett Trout

A poorly handled patent case can cost a company millions of dollars, stifle innovation, or even push a company into bankruptcy. Yet, time and time again, businesses and inventors make the critical mistake of hiring the wrong patent litigatoronly to “mess around and find out” the hard way.

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Passive Timekeeping Can Earn A Lawyer An Extra $22K A Year, MyCase Data Analysis Shows

LawSites

But for the lawyers who bill by the hour, perhaps the greatest curse is simply have to keep track of their time. That is why several companies in recent years have developed passive timekeeping tools for lawyers — tools that keep track of a lawyer’s time even when the lawyer forgets to.

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How to Solve Unmet Legal Needs and Restore Public Trust – A Justice Blueprint

Colin S. Levy

She holds the endowed Doherty Chair in Legal Ethics and is a Professor of Law at the University of Houston. At the same time, many people do not receive adequate legal help. Arizona became the first state to allow nonlawyer ownership of law firms in 2020. Regulatory Reforms.