LawSites

OCTOBER 13, 2021

Paradigm — the parent company to practice management platforms PracticePanther , Bill4Time and MerusCase and payments platform Headnote — is being acquired by Francisco Partners , a major investment firm that specializes in investments in technology businesses. Hot Market for Practice Management.

Practice management 97

Practice management Workers Compensation Electronic payment Software 97

Rocket Matter

AUGUST 15, 2023

If you’re a small or solo law firm, expense tracking may often seem like an afterthought. Maybe it’s project management or team management. Legal project management software is specifically designed to make it easier to run a law firm. We don’t judge. Start accepting payments online!

Law firm 52

Law firm Time-tracking Billing software Law 52

CaseFox

SEPTEMBER 22, 2023

If you are still managing your legal calendar manually, it’s time to switch to a cloud-based legal calendaring software. But if you are wondering why you should be switching to a calendaring software. It is because the calendaring software for law firms offers various benefits.

Law firm 52

Law firm Software Billing software Law 52

CaseFox

SEPTEMBER 22, 2023

If you are still managing your legal calendar manually, it’s time to switch to a cloud-based legal calendaring software. But if you are wondering why you should be switching to a calendaring software. It is because the calendaring software for law firms offers various benefits.

Law firm 52

Law firm Software Billing software Law 52

Clio

MARCH 25, 2024

Understanding the intricacies of law firm economics is crucial for a firm’s long-term success and profitability. In this comprehensive guide, we will delve into the various aspects of law firm economics, including revenue streams, costs, profitability metrics, and strategies for improvement.

Law firm 52

Law firm Law Law Time-tracking 52

Rocket Matter

DECEMBER 29, 2022

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. Fortunately, Rocket Matter is here to help you take the guesswork out of time and billing with these essential features every law firm needs in 2023.

Law firm 86

Law firm Time-tracking Law Law 86

CaseFox

DECEMBER 13, 2023

If you want to start a law firm apart from being passionate about practicing law, you will also need a solid law firm business plan. Creating a law firm’s business plan is the key to success. But knowing how to make a law firm business plan is important.

Law firm 52

Law firm Law Law Billing software 52

CaseFox

DECEMBER 13, 2023

If you want to start a law firm apart from being passionate about practicing law, you will also need a solid law firm business plan. Creating a law firm’s business plan is the key to success. But knowing how to make a law firm business plan is important.

Law firm 52

Law firm Law Law Billing software 52

MatterSuite

SEPTEMBER 27, 2023

Microsoft itself says that 90% of Fortune 500 firms use Office 365 and lawyers work for those firms. Law firms, regardless of their size or specialty, rely heavily on technology to streamline their operations, enhance productivity, and provide top-notch legal services to their clients.

Law firm 52

Law firm Time-tracking Law Law 52

MatterSuite

SEPTEMBER 27, 2023

Microsoft itself says that 90% of Fortune 500 firms use Office 365 and lawyers work for those firms. Law firms, regardless of their size or specialty, rely heavily on technology to streamline their operations, enhance productivity, and provide top-notch legal services to their clients.

Law firm 52

Law firm Time-tracking Law Law 52

CaseFox

JUNE 15, 2023

Additionally, we will provide you with a list of five must-have features of project management technology. Understanding Legal Project Management Technology Law firm project management is a general term that refers to the legal workflow process. These insights help firms identify areas that require improvement.

Law firm 52

Law firm Lawyer Time-tracking Analytics 52

Rocket Matter

JANUARY 23, 2024

These codes need to be precisely applied, so make sure your legal billing software has the option to enter LEDES codes as you record time. The fact is that even the best-run law firms need to adjust their processes occasionally. To see Rocket Matter in action, schedule a demo today.

Law firm 52

Law firm Time-tracking Law Law 52

LawSites

OCTOBER 6, 2021

When Rocket Matter launched in 2008 as one of the first cloud-based law practice management platforms, it was targeted at solo and small firms. Among them is the ability of law firms to set customizable billing rules. Admin-level permissioning customizes use of LEDE codes. Prebill Review.

Practice management 54

Practice management Time-tracking Document storage e-filing 54

Rocket Matter

JANUARY 23, 2023

What’s more, an effective and comprehensive practice management solution will even deliver you rich business insights to let the data do the talking. Things to consider when choosing a new legal payment processor When it comes to running a profitable law firm, the right payment processor is key. One potential solution?

Law firm 52

Law firm Law Law Time-tracking 52

Rocket Matter

AUGUST 22, 2022

Even if you’ve practiced law for years, running a law firm is a unique challenge—and it’s one that’s hard to prepare for. For example, if two lawyers assume the other was handling client follow-up, this could mean losing business for your firm. Plus, with online payments, you can set up recurring billing.

Law firm 52

Law firm Time-tracking Law Law 52

Lawmatics

MAY 2, 2024

Legal client intake software is a type of technology specifically designed to streamline the process of collecting information from clients or potential clients in the legal industry. What is Intake Software Used For? What is the Purpose of an Intake Software? How Much Does Legal Software Cost?

Software 52

Software Client Intake Document management Billing software 52

Rocket Matter

AUGUST 29, 2023

New tools and technologies are emerging every day that provide law firms with advantages and opportunities. These tools, like generative AI models and automatic time tracking, can potentially boost a firm’s profitability and decrease its workload—significantly. Automatic time tracking empowers teams to thrive and grow.

Time-tracking 52

Time-tracking Billing software Practice management Mediator 52

Law Technology Today

SEPTEMBER 1, 2023

Law firms can fulfill these demands with the right legal practice management software. The system should adeptly manage client trust payments, ensuring segregation from the firm’s operating funds. Does your software integrate with practice management?

Billing software 84

Billing software Software Time-tracking Client Intake 84

Lawmatics

FEBRUARY 6, 2024

Several factors contribute to the industry's growth: Efficiency and cost savings: Legal tech solutions promise increased efficiency, automation of routine tasks, and significant cost savings for law firms and legal departments. Lawmatics legal tech helps law firms grow Legal tech is booming—is your firm ready to jump on board?

Legal tech 40

Legal tech Legal tech Billing software Document automation 40

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

MatterSuite

JULY 22, 2023

In today’s fast-paced and interconnected world, law firms are constantly seeking ways to streamline their operations and enhance client satisfaction. Transitioning from traditional methods to online legal payment solutions can revolutionize how law firms handle client payments.

Law 52

Law Law Time-tracking Compliance 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

Martindale-Avvo

JANUARY 31, 2023

It is easy for law firms to focus on short-game tactics. Law firms can use the long game to increase their profits in several ways. Technology Designed To Help Your Law Firm’s Long Game Playing the long game requires consistency and persistence.

Law firm 52

Law firm Practice management Software Billing software 52

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. Most legal management and billing software solutions have texting features.

Lawyer 98

Lawyer Billing software Software Virtual Meeting 98

Legal Tech Monitor

APRIL 17, 2023

Fortunately, new technologies are increasingly user-friendly and it’s easier than ever to implement new software tools into your law firm. Another way that lawyers are using technology is to increase payment flexibility for their clients thus ensuring prompt payment of legal bills.

Legal software 59

Legal software Legal software Software e-records 59

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

Lawmatics

DECEMBER 7, 2023

Let’s look at some frequently asked questions about legal software: What are the Types of Legal Software? There are numerous types of legal software programs tailored to various user needs. Case management software: Manages and tracks the details of legal cases, including key dates, contacts, and case-related documents.

Legal software 52

Legal software Legal software Software Time-tracking 52

Rocket Matter

AUGUST 30, 2022

When operating a law firm, you want to reduce the ever-present yet unavoidable overhead costs. This includes items and services you need to run your law firm but don’t generate income, such as phones, internet, office supplies, and salaries of employees who aren’t lawyers—and, unsurprisingly, it’s pretty easy to shoot past your budget.

Billing software 52

Billing software Practice management Document automation Software 52

Lawmatics

JULY 7, 2023

One way is through law firm automation. What Does Automation Mean in Law? Automation involves the creation of computer software and automated systems that can complete repeatable processes and reduce the need for human intervention. Billing management. Lead management. Practice management.

Time-tracking 52

Time-tracking Client Intake Document automation Software 52

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

Attorney at Work

JANUARY 28, 2022

Rocket Matter helps law firms be more productive than ever while managing their high volume of matters and monthly billing with ease. As mid-sized and large law firms transition to the cloud, they’re seeking more sophisticated billing options than what currently exists in many cloud-based legal billing applications.

Software 72

Software e-filing Law firm Billing software 72

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.

Time-tracking 52

Time-tracking Compliance Software Practice management 52

Rocket Matter

NOVEMBER 3, 2022

Your legal tech “stack” is your firm’s software collection that works together to simplify tasks and duties at your law firm. Case management . Cases are the heartbeat of your law firm, and you must prioritize them properly, meet deadlines, and delegate tasks efficiently to satisfy your clients.

Lawyer 40

Lawyer Time-tracking Billing software Practice management 40

Rocket Matter

DECEMBER 21, 2022

As we enter the new year, law firms need to be prepared to surmount: . But if this year brought anything into focus, it’s that law firms’ COVID-fueled adoption of technology led to some major improvements. But the success of such fee arrangements hinges delicately on firms’ productivity. . And more .

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Legal tech Legal tech e-filing Law Office 91

CaseFox

JULY 9, 2023

These factors include lawyers’ expertise, experience, location of practice, area of practice. Individual lawyers or law firms usually set the average hourly rate of a lawyer. How To Use Legal Case Management Software To Calculate Billable Hours?

Lawyer 52

Lawyer Time-tracking Billing software Attorney 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

Rocket Matter

MAY 23, 2022

In April 2022, contributors and editors at Forbes Advisor released their ranking of the year’s best legal billing software programs. Rocket Matter’s practice management software was named the best platform for firms of all sizes ! We believe that quality practice management programs should be affordable.

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Time-tracking e-filing Billing software Document storage 52