Rocket Matter

DECEMBER 21, 2022

The Small Firm’s Guide to Big Tech. While any change in how you operate your law office can feel overwhelming, there’s never been a better time to start migrating your office structures online. As we enter the new year, law firms need to be prepared to surmount: . The Small Firm’s Guide to Big Tech.

Legal tech 91

Legal tech Legal tech e-filing Law Office 91

Rocket Matter

OCTOBER 3, 2023

Why the billable hour matters Reports state that many attorneys bill between 1,700 and 2,300 hours per year , so not tracking all your time accurately can lead to tens of thousands in lost revenue. Second, law firms track the billable hours of each attorney. However, it can be hard to keep organized and prone to errors.

Time-tracking 97

Time-tracking Lawyer Due diligence Software 97

Rocket Matter

OCTOBER 12, 2023

Not only that, but the common online payment processors are not compliant with ABA and IOLTA guidelines, which is make-or-break for a law firm. The point is, when it comes to payment processors for law firms like yours, not all payment processors are created equal. Start accepting payments online!

Time-tracking 92

Time-tracking Legal CRM Practice management Law firm 92

Rocket Matter

APRIL 25, 2023

And when these processes run in the background as you do the billable work, your firm can better focus on delivering a superior customer experience across the entire client lifecycle. Frequently used in traditional business settings, the client lifecycle concept can help law firms understand how they find and build loyal client relationships.

Client Intake 52

Client Intake Time-tracking Law Law 52

Rocket Matter

JULY 11, 2023

We’re not talking about rates, pro bono policies, or any other conscious decision that law firms make regarding what they charge. We’re talking about the unintentional ways that law firms decrease their profits via lost billable time. Why do lawyers lose billable time ALL the time? Lawyers have a lot going on in the day.

Time-tracking 65

Time-tracking Practice management Law firm Legal CRM 65

Rocket Matter

SEPTEMBER 5, 2023

Without them, you might run into compliance violations Law firms must provide itemized bills to clients upon request. Charging clients for matter costs you didn’t track can lead to a violation, putting your firm at risk of disciplinary action by your state bar association. 4.

Time-tracking 98

Time-tracking Software Practice management Law firm 98

Rocket Matter

MARCH 12, 2024

Optimized cash flow Allowing clients to keep a card on file can transform your firm’s cash flow by significantly reducing the time between invoicing and payment. On your quest for the right payment processor, look for features that streamline and support the way law firms operate. Start accepting payments online!

Time-tracking 52

Time-tracking Compliance Software Practice management 52

Rocket Matter

NOVEMBER 7, 2023

Just as tedious without a tech solution is sending individual invoices to multiple clients. The solution to both problems is time-tracking software integrated with billing software that can process and convert billable hours and tracked expenses into invoices with just a few clicks.

Time-tracking 52

Time-tracking Lawyer Software Legal CRM 52

MatterSuite

MAY 3, 2024

As a law firm, you already know that getting new clients is key to your business survival. However, in the current very competitive legal market, it might seem as a never-ending struggle to be unique and distinct from other law firms. The good news?

Law firm 52

Law firm Law Law Analytics 52

MatterSuite

MAY 3, 2024

As a law firm, you already know that getting new clients is key to your business survival. However, in the current very competitive legal market, it might seem as a never-ending struggle to be unique and distinct from other law firms. The good news?

Law firm 52

Law firm Law Law Analytics 52

Rocket Matter

MAY 16, 2023

It’s ideal for law firms and their clients when itemizations on invoices are clear, transparent, and accurate. Undercharging leads to lost profits for the firm. Overcharging, or bill padding, can lead to loss of client trust and, in some circumstances, even disbarment.

Time-tracking 52

Time-tracking Practice management Paralegal Software 52

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. Law firms and attorneys are confronted with many unique tax issues and must be keenly aware of the tax rules that apply to them and their practices. IRS Form 1099-NEC. IRS Form 1099-MISC.

Law firm 52

Law firm e-filing Law Law 52

Rocket Matter

OCTOBER 17, 2023

Time management is a common challenge many legal professionals face, and it can significantly affect your firm’s bottom line. Legal time-tracking software is a tool designed specifically for law firms and legal practitioners that’s used to record, track, and bill for hours spent on various legal tasks.

Time-tracking 52

Time-tracking Law firm Software Law 52

Lawmatics

APRIL 6, 2023

By utilizing law firm marketing automation. Legal automation involves using software to automate the manual or routine tasks that many lawyers perform as part of their jobs. Legal automation software performs low-value legal work, enabling lawyers to focus on more strategic tasks. Billing management.

Law firm 52

Law firm Document automation Law Law 52