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.

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Rocket Matter

NOVEMBER 14, 2023

You know many attorneys at your firm are burning the midnight oil. Get free guide 6 Billing Strategies to Grow Your Law Firm Scaling your law firm doesn’t just mean adding more lawyers or increasing your number of clients. Let’s dig in. 1.

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Rocket Matter

MAY 2, 2023

For example, many law firms still lag behind in areas such as accepting online payments. But there’s no question that the rise of AI, alternative service providers, and technologies that allow for increased efficiency are changing the way modern law firms do business.

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Rocket Matter

AUGUST 12, 2022

When mapping out a case from beginning to end, you need to assign tasks for each lawyer or paralegal to complete for each stage of the legal process. Powerful legal calendar tools let you assign tasks to your team from inside the calendar. A robust legal calendar makes it easier to communicate with your clients.

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Rocket Matter

OCTOBER 31, 2023

Billable hours are the basis of most legal fee calculations, and putting in enough billable hours is essential to the profitability of law firms—that’s why they generally seek to maximize the number of billable hours that associates and partners put in. Some firms have a billable rate for key support staff, such as paralegals.

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Lawmatics

FEBRUARY 7, 2023

More and more lawyers are using customer relationship management — or small law firm CRM — software to help them keep track of their clients, and no–we're not talking about the old Rolodex systems of yore. With today's streamlined CRM systems, it has never been easier for lawyers to manage client data efficiently.

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LawSites

APRIL 1, 2022

Then last year, it raised an additional $7M CAD in Series A extension funding, with the notable addition of Jack Newton , the cofounder and CEO of law practice management company Clio, as an investor. . Read about Nexl in the LawNext Legal Tech Directory. ” Nexl Acquires Jade. Fishman founded Jade in Atlanta in 2020.

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Rocket Matter

MAY 30, 2023

Many law firms struggle to define their billable rates, especially new law firms. Your billable rate needs to encompass all those same things for your law firm and account not only for your team’s salary, but also any overhead costs, expenses, and profit goals. But sometimes, that’s easier said than done.

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Rocket Matter

JULY 18, 2023

But if you own a solo law firm, the reality is you do have to do it all, and you’re often doing it alone. And for most solo practitioners, that’s the whole point. And save even more time with document automation Paper is one of the most unnecessary expenses at a modern law firm. Those are very appealing messages.

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