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top 5 challenges law firms face

Overcoming the Top 5 Challenges Facing Law Firms

Wednesday, 30 August 2023 by lawbillityadmin

Law ​firms face ​​​a myriad of ​​challenges in ​​today’s evolving ​​legal landscape. ​​Between economic ​​uncertainty, ​​emerging technologies, ​​changing client expectations, ​​stiff competition, and ​​internal struggles, it’s ​​getting harder ​​for firms to ​​thrive. However, ​​with the right ​​strategies and ​​solutions in place,​​ firms can overcome​​ these obstacles​​ and position ​​themselves for ​​success. Challenge #1: Economic Uncertainty

  • Published in Legal Business Tips, Time Tracking
Tagged under: law firm, legal firm challenges, time tracker
client expectations

How to Set Legal Client Expectations in Your Law Firm

Thursday, 10 August 2023 by lawbillityadmin

Meeting legal client expectations is a sure-fire way to build trust and goodwill with your clients. But with so many variables at play, it can be challenging to meet these expectations. A typical scenario is when a client expects a particular result or outcome from your legal services, but the actual outcome is different. It’s

  • Published in Legal Business Tips, Time Tracking
Tagged under: law firms, Legal client expectations, time tracker
legal time management

Efficiency Equals Profit: How Proper Legal Time Management Can Increase Law Firm Profits

Friday, 30 June 2023 by lawbillityadmin

The legal industry is fast-paced and highly competitive, and having a good grasp on legal time management is essential for law firms looking to increase their profitability. A law firm’s success is largely dependent on its ability to track time and billing practices, ensuring that every minute of work is accounted accurately and efficiently for

  • Published in Legal Business Tips, Time Tracking
Tagged under: LawBillity, legal time management, time tracking
great resignation lawyers

The Great Resignation: Strategies for Lawyers to Navigate a Changing Landscape

Thursday, 08 June 2023 by lawbillityadmin

The legal sector has recently witnessed a transformation, primarily influenced by an economic trend known as the “Great Resignation.” This global phenomenon has seen a surge of professionals across multiple industries leaving their current jobs in search of better opportunities, work-life balance, and personal fulfillment. Today, the Great Resignation poses unique challenges for legal firms,

  • Published in Legal Business Tips, Time Tracking
Tagged under: hiring, retention, time tracking
improve profitability

Top 5 Ways to Improve Profitability in your Legal Firm 

Monday, 01 May 2023 by lawbillityadmin

Becoming a lawyer can be a rewarding career choice as it allows you to serve others and help them through difficult times in their lives. However, as the owner of a law firm, it is important to remember that your law firm is a business, and thusly, profitability needs to be one of your key

  • Published in Legal Business Tips, Time Tracking
Tagged under: improve profitability, LawBillity, Legal firm
time tracking tips for law firms

Time Tracking Tips for Law Firms to Maximize Billable Hours

Friday, 31 March 2023 by lawbillityadmin

As a legal professional, you understand how important it is to track time accurately and efficiently. Capturing billable hours accurately can maximize your firm’s profits by helping identify where your team is spending too much time and where they need to improve productivity. For a long time, law firms have been using manual time tracking.

  • Published in Billing & Invoicing, Reporting, Time Tracking
Tagged under: law firms, time tracking, time tracking tips
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eBillity

eBillity is a software development company that develops time and attendance tracking, expense tracking, and invoicing software to help small and medium-sized businesses increase productivity and profitability. eBillity’s products include: Time Tracker, Time Tracker +Billing, Invoice Tracker and LawBillity.

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