Lawmatics

FEBRUARY 15, 2024

Legal billing software for small firms is now widely available for varying prices, and artificial intelligence (AI) tools exist to create legal documents. This blog post will explore the costs of these tools, as well as how to properly leverage legal software and AI to streamline legal billing.

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CaseFox

JUNE 8, 2023

Lawyers and law firms nowadays majorly rely on text messaging to communicate with their clients. The practice of lawyer texting has proven to be an effective means of staying in touch with clients, fostering better communication and understanding. There are various benefits of lawyer and attorney texting.

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Rocket Matter

OCTOBER 3, 2023

so that a firm can do an autopsy of its workflow and make tweaks to enhance productivity. However, anything longer than that and you may be short-changing your clients, who expect the time they are paying for to be used wisely. Measuring time in increments longer than 6 minutes could also risk compliance violations since rule 1.5

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CaseFox

APRIL 2, 2023

Proper law firm accounting methods not only ensure compliance with legal and regulatory requirements but also provides insights into the financial health of the firm. Time and Billing Law firms typically bill clients on an hourly basis, which means accurate timekeeping is critical.

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CaseFox

MAY 31, 2023

For most firms, the traditional law firm billing process involves the following steps: Firstly, the firm takes on a new client and opens a fresh case. At the end of each month, the firm or lawyers add bills and other expenditures for each case as well as clients in drafts. This promotes trust building and enhances credibility.

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Law Technology Today

SEPTEMBER 1, 2023

Law firms can fulfill these demands with the right legal practice management software. Maintaining IOLTA trust compliance and segregating earned and unearned funds are central to the best legal billing software. Protecting client data is non-negotiable, and PCI compliance is key.

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Rocket Matter

MAY 26, 2025

But heres how you can easily turn this around: Send invoices promptly Automate reminders and follow-ups Offer flexible, online payment options including payment plans A legal billing software like Rocket Matter can streamline your entire billing process, so your team spends less time chasing invoices and your firm gets paid faster.

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Clio

MARCH 31, 2025

Meanwhile, your billable hours slip by unrecorded, and several flat-fee billed clients still haven’t paid last month’s invoices. These varying needs also apply to billing structures. You might charge a flat fee to draft a real estate contract, but bill hourly for legal advice on a land dispute relating to the same property.

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Rocket Matter

SEPTEMBER 24, 2024

This transparency helps reduce disputes over billing by clearly outlining what each charge covers. Compatibility One of the strongest aspects of LEDES billing is its compatibility with various e-billing software solutions. Boosts Efficiency LEDES billing eliminates time-consuming manual processes.

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Lawmatics

FEBRUARY 13, 2024

After all, from the onset of technology in the workplace to the popularity of the internet, social media, legal software, and working remotely, lawyers have always adjusted to new technologies to remain relevant. How has technology changed being a lawyer in the last 15 years? What software do lawyers use today?

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Lawmatics

APRIL 2, 2024

Choosing the best legal software for business billing depends on various factors such as the size of the firm, specific needs, budget, and preferences. Fortunately, comprehensive legal billing software for small firms can track billable hours, generate invoices, and manage client accounts efficiently.

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Rocket Matter

AUGUST 8, 2024

Big tech changed the game in how we run our everyday lives, so stay up to date with the latest available software solutions to keep clients happy. Get free e-book Every lawyer knows the frustration of outstanding client invoices. This is where a well-crafted lawyer debt collection letter becomes invaluable.

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CaseFox

SEPTEMBER 26, 2023

When it comes to charging clients for their services, lawyers have a few different options available. Well, for that, you must have a clear understanding of all the legal billing models. We will be covering one fee type which is retainer fees for lawyers. The average lawyer retainer fee can be around $2,000.

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MatterSuite

NOVEMBER 6, 2023

According to a survey by the American Bar Association, 45% of lawyers reported having had a client dispute a legal fee in the past five years. It’s a situation where a lawyer bills for the same task or service more than once, intentionally or unintentionally.

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MatterSuite

NOVEMBER 6, 2023

According to a survey by the American Bar Association, 45% of lawyers reported having had a client dispute a legal fee in the past five years. It’s a situation where a lawyer bills for the same task or service more than once, intentionally or unintentionally.

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Rocket Matter

OCTOBER 12, 2023

Non-compliance. Prospective clients like to choose a lawyer who has the experience to help. Download free guide Related Resources How to Increase Your Profits with Rocket Matter Lawyers in firms of all sizes struggle to finish the work for the day in a reasonable amount of time. Lack of integration.

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MatterSuite

JULY 29, 2024

And that is how managing legal billing feels without UTBMS codes. These codes may appear as a string of random characters, but they play a crucial role in the categorization and streamlining of legal billing. For the experienced lawyer, and even the novice one, having knowledge of UTBMS codes could highly impact your billing.

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MatterSuite

JULY 29, 2024

And that is how managing legal billing feels without UTBMS codes. These codes may appear as a string of random characters, but they play a crucial role in the categorization and streamlining of legal billing. For the experienced lawyer, and even the novice one, having knowledge of UTBMS codes could highly impact your billing.

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MatterSuite

AUGUST 6, 2023

Are you a busy lawyer struggling to balance the demands of legal practice with the complexities of managing your law firm’s finances? Picture this: you’re an accomplished lawyer with a thriving practice, celebrated for your legal prowess and dedication to your clients. If so, you’re not alone.

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Rocket Matter

DECEMBER 29, 2022

It’s a well-established fact that lawyers work a lot of hours. In fact, a significant number of lawyers average more than 40 hours per week. While many law firms require that their attorneys work a mandatory number of billable hours (the time clients pay for directly) per week, that isn’t the extent of a lawyer’s workload.

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Rocket Matter

MARCH 11, 2025

Rocket Matter is designed specifically for legal professionals and has built-in safeguards to promote compliance. One of the biggest mistakes legal professionals can make is over-relying on a platform that wasnt built for the legal industry.

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Lawmatics

MAY 2, 2024

Integration: Integration with other software systems commonly used in law firms, including case management software, customer relationship management (CRM) systems, or billing software, is another valuable feature of legal intake software. How Much Does Legal Software Cost?

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Lawmatics

DECEMBER 7, 2023

Document management software: Focuses on organizing and storing legal documents securely, often with version control and collaboration features. Case management software: Manages and tracks the details of legal cases, including key dates, contacts, and case-related documents. How can technology help lawyers?

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Rocket Matter

AUGUST 29, 2023

And lawyers that track time hastily often have to spend more time reviewing client invoices, which eats into billable hours. That’s where automated time trackers come in. Get free guide How to Master Your Law Firm’s Time and Billing Lawyers have a heavy workload. Less work for your clients.

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Rocket Matter

JULY 11, 2023

Just like all professional expects to be paid correctly and in full for their services, lawyers should be paid for their billable time. But if that’s the case, then why are so many lawyers undercharging their clients and losing billable time? Why do lawyers lose billable time ALL the time?

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Rocket Matter

DECEMBER 21, 2022

To err is human, but legal-specific billing software can identify common billing errors before invoices are sent, helping firms avoid costly invoice rejections. . While having extra hands on deck can be helpful, legal technology is helping firms with lower headcounts get paid. .

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Rocket Matter

FEBRUARY 6, 2024

Many lawyers find themselves dealing with issues they didn’t cover in law school, like client billing and invoicing. Some processes, such as billing and payments, are more troublesome than others. Electronic billing gets to your clients instantly, and it’s much easier for clients to pay their invoices immediately upon receipt.

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CaseFox

JULY 31, 2023

ACH payment for lawyers can be very beneficial. These days, there are various lawyers and firms who accept ACH payments. Verify Compliance and Legal Requirements It is important for law firms to adhere to ACH compliance for accepting online payments. You can opt for the ACH payment method.

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Lawmatics

DECEMBER 5, 2023

Clients expect their lawyers to provide modern, personalized, and efficient representation. In turn, lawyers can use legal tech to automate routine tasks, work more efficiently, and devote more time to complex work. Time tracking and billing. But it must be the right legal tech. Text messaging. Sign up for a product demo today.

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Rocket Matter

SEPTEMBER 11, 2024

Stop getting ghosted on Net 30 and collect every billable hour with R ocket Matter Pay , the integrated online payment system for law firms that works seamlessly with Rocket Matter’s legal practice management software. Legal billing must fall within these guidelines, which vary greatly depending on the city or state where you practice.

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Rocket Matter

SEPTEMBER 5, 2023

Without them, you might run into compliance violations Law firms must provide itemized bills to clients upon request. Download free guide Related Resources How to Increase Your Profits with Rocket Matter Lawyers in firms of all sizes struggle to finish the work for the day in a reasonable amount of time.

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MatterSuite

SEPTEMBER 27, 2023

Microsoft itself says that 90% of Fortune 500 firms use Office 365 and lawyers work for those firms. Data Security and Compliance: The legal profession demands the utmost confidentiality and data security. These tools help law firms maintain compliance with industry regulations and maintain client trust.

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MatterSuite

SEPTEMBER 27, 2023

Microsoft itself says that 90% of Fortune 500 firms use Office 365 and lawyers work for those firms. Data Security and Compliance: The legal profession demands the utmost confidentiality and data security. These tools help law firms maintain compliance with industry regulations and maintain client trust.

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Rocket Matter

MARCH 12, 2024

IOLTA trust accounting compliance : No processing fees ever come out of your trust account so you stay compliant at all times. Download free guide Related Resources How to Increase Your Profits with Rocket Matter Lawyers in firms of all sizes struggle to finish the work for the day in a reasonable amount of time.

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AXDRAFT

MARCH 3, 2023

If you suggest to a lawyer that you let another unit handle their job, their likely response will be a scoff, chuckle, and shake of their head. Lawyers will be able to spend less time on low-value tasks. This is because operations typically depend on lawyers. The ability to delegate work is critical for optimizing processes.

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Lawmatics

APRIL 11, 2023

However, whether a lawyer works for a large firm or maintains a solo practice, they all have at least one thing in common: taxes. For example, all firms and lawyers must track business expenses to manage their taxes properly. That is why law firms and lawyers must understand their finances to survive tax season. Late filings.

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Centerbase

JUNE 3, 2025

Its also about ensuring accuracy, compliance, and client satisfaction. Ensures Accurate Hourly Billing and Compliance Using a standardized billing chart helps attorneys translate time into billable increments with precision, which is essential for complying with firm policies, client agreements, and bar association guidelines.

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