CaseFox

SEPTEMBER 10, 2023

Are law firm overhead expenses killing your firm’s profit? All law firms have to bear some overhead costs. The overhead cost of the firm is the cost or expenses that law firms have to bear for operating on a daily basis. Overhead expenses are expenses that law firms have to pay irrespective of their profit or sale.

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3 Geeks and a Law Blog

FEBRUARY 22, 2024

As Clio’s Lawyer in Residence, Lenon delves into the insights derived from the company’s Legal Trends Report , emphasizing the data-driven analysis of law firm practices and trends. The discussion further explores the impact of financial technology (FinTech) on law firms’ operational efficiency.

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Lawmatics

JULY 7, 2023

Many lawyers spend their workdays performing non-billable administrative, financial, or marketing tasks instead of serving clients. One way is through law firm automation. What Does Automation Mean in Law? Here are some of the processes that can be completed via law firm automation: Appointment scheduling.

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Rocket Matter

SEPTEMBER 12, 2023

Time is always in short supply for law firms, especially for firms with limited resources. This means the ability to prioritize tasks and increase efficiency are the name of the game. The good news is that if you’re looking to operate a lean law firm , there are a multitude of ways to maximize billable hours and get more out of your day.

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Rocket Matter

MARCH 12, 2024

Reduced administrative tasks Traditional payment processes create an endless cycle of invoice generation , follow-ups, and payment processing. On your quest for the right payment processor, look for features that streamline and support the way law firms operate. No more waiting for checks in the mail or manually processing payments.

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Law Technology Today

SEPTEMBER 1, 2023

Law firms can fulfill these demands with the right legal practice management software. Debit transactions generally entail lower processing fees, a distinction worth noting. This sophisticated software contacts the card issuer, validating the card’s legitimacy and ensuring sufficient available credit or funds.

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Billing software Software Time-tracking Client Intake 84

Clio

APRIL 1, 2024

What type of legal settings do they work in? They analyze legal precedents, statutes, and case law to provide valuable insights that help inform legal decisions. Court clerks can be found in various types of courthouses. It covers areas that span from e-filing court records to clerk ethics and municipal law.

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Legal Tech Monitor

NOVEMBER 30, 2023

Seven times since 2016, Thomson Reuters has conducted a survey on the state of small law firms in the U.S., and every time, it found that small firms had made virtually no progress on one of their greatest challenges, which is that they spend too much time on administrative tasks to the exclusion of practicing law.

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Martindale-Avvo

JANUARY 31, 2024

There’s nothing like the excitement of opening a solo law practice. Many attorneys start their practices without experience in business management, accounting, or marketing — then realize they have to do all those things as a solo office. Determine what the next step looks like for your practice.

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Clio

FEBRUARY 20, 2024

This means that the ability to write a motion for court is central to a litigator’s potential for professional success–especially for mid-sized or smaller firms without the vast resources of Big Law. There are numerous types of motions for all the different actions a party might seek from the court.

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Inside Privacy

MARCH 6, 2023

The Strategy articulates a series of objectives and recommended executive and legislative actions that, if implemented, would increase the cybersecurity responsibilities and requirements of these types of entities. energy systems, securing semi-conductor supply chains, and modernizing cryptographic technologies.

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LawSites

NOVEMBER 1, 2022

Way back in 2020, I wrote about how the pandemic had escalated the importance of electronic payments as a feature of law practice management software. Payments are directly deposited into the law firm’s operating or trust account. Actionstep, which says it is used by more than 775 law firms in the U.S.,

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Clio

MARCH 22, 2024

Legal technology continues to rapidly change the practice of law—and today’s legal tech startups promise to unlock even more innovation for law firms. Legal tech has become foundational to the operations of most successful law firms. Saving time , which promotes cost efficiency and helps improve work-life balance.

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Centerbase

MAY 31, 2023

Executive directors and legal administrators play a crucial role in the smooth operations of a law firm. They’re the drivers behind the business of law making sure that nothing slips through the cracks. Why is it hard to recruit new talent to administrative roles in law firms?

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MatterSuite

MAY 8, 2023

Law firms are often targeted by cybercriminals due to the sensitive information they handle and the potential for financial gain. In 2020, the American Bar Association reported that over 25% of law firms had experienced a data breach, with smaller firms being particularly vulnerable. What is Cyber Security Compliance?

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Rocket Matter

AUGUST 29, 2023

New tools and technologies are emerging every day that provide law firms with advantages and opportunities. When integrated into legal practice management software, it makes it easy to track how legal staff spend their time each day. That’s where automated time trackers come in.

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Clio

MARCH 14, 2024

Can—and should—you use e-signatures instead of traditional handwritten signatures on documents in your legal practice? We’ll also offer tips for how e-signatures can help streamline document processes and improve efficiency at your law firm—when used correctly. But are electronic signatures legally binding?

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Rocket Matter

JANUARY 16, 2024

The benefits of mobile apps for your law firm Whether it’s managing time, coordinating with team members, or staying on top of your cases, the apps below share key benefits for your law firm. Customized workflows : Features that can be adapted for specific legal needs and practices. million apps available.

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MatterSuite

NOVEMBER 6, 2023

In this blog, we will delve into these challenges and explore strategies for detecting and preventing double billing, ultimately shedding light on how to maintain trust and integrity in the practice of law. It is typically the result of administrative errors or oversights in the billing process.

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MatterSuite

NOVEMBER 6, 2023

In this blog, we will delve into these challenges and explore strategies for detecting and preventing double billing, ultimately shedding light on how to maintain trust and integrity in the practice of law. It is typically the result of administrative errors or oversights in the billing process.

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Law Technology Today

JULY 17, 2023

Conduct a thoughtful pre-screening To avoid wasting time on clients who are not a good fit for your practice, conduct a thorough pre-screening process. While lawyers are naturally inclined to help, it is important to recognize when a problem or individual does not align with your practice area, workload, or firm size.

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Rocket Matter

JULY 5, 2023

Contrary to what TV dramas would have you believe, most lawyers in the US do not work at intrigue-filled Big Law firms. Step 1: Identify your target market and practice areas It can be tempting when opening a solo practice to take any case that walks in the door just to keep the money coming in. Who is my ideal client?

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Rocket Matter

FEBRUARY 6, 2024

Many lawyers find themselves dealing with issues they didn’t cover in law school, like client billing and invoicing. Every law firm is different, and there isn’t a one-size-fits-all perfect solution for payment processing. Let’s look at some common issues that law firms encounter in receiving on-time client payments.

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Billing software Time-tracking Law firm Software 52

CaseFox

SEPTEMBER 20, 2023

CaseFox is among the best legal practice management softwares in the industry. With this new update, the efficiency of your practice will increase and rest. Most of our software will feel similar. Most of our software will feel similar. Firstly, you will get a gist of all the features that are necessary at the top.

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Rocket Matter

DECEMBER 1, 2022

For law firms, these new opportunities and connections often come in the form of new clients. Not only can it provide you with the tools and resources to stay top-of-mind with your existing clients, but it can also reduce new client administrative work, leaving you with more time to enjoy the holidays. Keep your leads warm .

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MatterSuite

JANUARY 9, 2024

The legal landscape is evolving, and law firms are continually seeking innovative ways to enhance their operational efficiency and financial stability. Let’s delve into the various aspects of recurring payments, from their definitions to the advantages they bring to law firms.

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Rocket Matter

APRIL 25, 2023

If you’re like most lawyers at small or mid-sized firms, you spend a significant portion of your days feeling torn between the billable tasks that pay your salary and the administrative work that makes your billable hours possible. But with automation, you can turn the situation into a win-win in record time. What is the client lifecycle?

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MatterSuite

JANUARY 9, 2024

The legal landscape is evolving, and law firms are continually seeking innovative ways to enhance their operational efficiency and financial stability. Let’s delve into the various aspects of recurring payments, from their definitions to the advantages they bring to law firms.

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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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Legodesk

NOVEMBER 21, 2021

Legal practice data management is the process of organizing, storing, and retrieving data related to legal cases. An effective legal practice data management system can help lawyers to work more efficiently and increase their win rate. In today’s digital time, law firms have access to more data than ever before.

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MatterSuite

JULY 25, 2023

Corporate legal departments, in particular, are increasingly turning to legal e-billing software to streamline their operations and improve efficiency. In this article, we will explore the key benefits of implementing legal e-billing software for corporate legal departments.

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Rocket Matter

JANUARY 2, 2024

For small and solo law firms, time isn’t just valuable—it’s billable. Yet too many firms are still traveling back in time to do it the “analog” way, leading to inefficiency, lost hours, and ultimately less revenue. Instead, use the best practice or recording as you go. That is a lot of time leakage.

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CaseFox

MAY 2, 2023

Criminal defense law is a highly specialized area of law that involves the protection of criminal defendants. Unlike other areas of law, defense attorneys are responsible for the entire range of tasks that go into defending a client. This legal practice measures your problem-solving and critical-thinking skills.

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CaseFox

MAY 2, 2023

Criminal defense law is a highly specialized area of law that involves the protection of criminal defendants. Unlike other areas of law, defense attorneys are responsible for the entire range of tasks that go into defending a client. This legal practice measures your problem-solving and critical-thinking skills.

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Criminal defense lawyer Criminal Defense Lawyer Prosecutor 52

Clio

MARCH 7, 2024

You’re not alone—accounts receivable collection remains a major pain point for law firms. According to Clio’s 2023 Legal Trends Report , collection rates (the percentage of invoiced work that gets paid) among law firms is 89%, leaving 11% of invoices uncollected. What are accounts receivable collections?

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Lawmatics

JUNE 8, 2023

Automation is no longer just a buzzword in the legal industry; it is a necessary tool for law firms to remain competitive and thrive in today's market. In this article, we will explore the benefits of implementing automation solutions in estate planning law firm practices.

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Rocket Matter

MARCH 28, 2023

Law firms operating without business intelligence software are in a similar scenario, pushing toward growth or increased profit without data analysis to inform their strategy. When optimizing your business, you shouldn’t have to guess your way through it. Running a legal practice is definitely one of those things.

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