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Matter Cost Tracking Made Simple

Rocket Matter

Hard matter costs might include: Court costs Depositions Expert witness fees Filing fees Mediation fees Medical record expenses Printing costs Transcription costs Travel expenses Soft matter costs Expenses that are less explicit are considered soft costs.

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Strategic Planning for Law Firms: A Comprehensive Guide for Success

Rocket Matter

For example, a competitor might be a litigation firm but lacks mediation services, which may be an area you could be the go-to provider for. Plus, use Rocket Matters Legal CRM to keep client communication consistent and build relationshipsit can be a differentiator in a crowded market.

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How Automatic Time Tracking Can Boost Profitability and Decrease Your Workload

Rocket Matter

Ensure ABA compliance Manual time tracking leaves the door wide open to human error when it comes to billing, which can lead to time-consuming mediation with clients and an increased likelihood of audits. If a firm is suspected of breaking this rule, it can result in mediation, audits, and a lot of late nights.