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Time Tracking for Lawyers: Why Every Firm Needs to Track Time to Stay Profitable

Attorney at Work

John Scott | Whether or not the client sees billable hours on an invoice, all service-based businesses need to track the time of employees who do client-facing work. The post Time Tracking for Lawyers: Why Every Firm Needs to Track Time to Stay Profitable appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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Track Meet: If You’re Not Tracking Your Time, Then What Are You Doing? [Sponsored]

Above the Law - Technology

The post Track Meet: If You’re Not Tracking Your Time, Then What Are You Doing? appeared first on Above the Law. With continued tech improvements, it’s become easier than ever before.

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Why Better Time Tracking Will Stop Your Firm From Throwing Money Away [Sponsored]

Above the Law - Technology

The post Why Better Time Tracking Will Stop Your Firm From Throwing Money Away appeared first on Above the Law. Even for lawyers who aren’t tallying their 0.1s, this tech is a business ‘lifesaver.’

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Time Tracking Policies Every Law Firm Should Have

Rocket Matter

Time is always in short supply, and there are always more tasks to check off your to-do list. From working with clients to juggling court appearances and operational work, the time that’s spent on every task directly affects your firm’s efficiency and bottom line. There’s more to time tracking than that.

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Legal Time Tracking Essential Insights: Overcoming Challenges in Implementing Effective Time Tracking Systems for Law Firms

Rocket Matter

Yet the hurdles and objections voiced by lawyers are real concerns, even when it comes to proven tactics for increasing efficiency and profitability like time-tracking. They may worry they’ll be micromanaged, that it will take too much time, or not want to listen because they use alternative fees and flat fees anyway.

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The Importance of Time Tracking for Law Firms: Analyzing and Adjusting for Profitability

CaseFox

Law firms, unlike any other business, operate on the principle of profitability. To remain profitable, law firms need to efficiently allocate their resources, including time. Time is an essential resource in a law firm, and it is crucial to track it accurately to ensure that the firm is using its time effectively.

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How Attorneys Should Track Their Time

Rocket Matter

Missing out on those billable hours causes a major issue—for the lawyer who may be in danger of losing their job for not having enough billable hours and for your firm, which needs to grow and counts on client-paid time for revenue. Missing hours also comes down to an accuracy problem. In fact, many lawyers forget more than that.