Here are 5 Top Reports Your Law Firm Should Be Running
Founding and managing a law firm is a significant investment. It would not be amiss to say that the heartbeat of your firm is closely linked to your own when it comes to finances, reputation, growth, and overall success. As such, it is vital to keep an ear on that heartbeat. Like any other business,
- Published in Billing & Invoicing, Expense Tracking, Reporting, Time Tracking
10 Ways of Increasing Your Law Firm’s Cash Flow
Cash flow shows the true picture of the financial health of a law firm. Poor cash flow management will make the firm struggle to stay afloat as it can’t pay bills, salaries, or, let alone invest. Law firms had no choice but to adjust to the economic downturn because of the impacts of the pandemic,
- Published in Billing & Invoicing, Expense Tracking, Legal Business Tips, Reporting, Time Tracking
Improve Your Law Firm’s Bottom Line with Better Time Management. Here’s How.
Proper time management is a challenge that law firms face. It is a crucial determinant of how lawyers and legal professionals perform in a business environment characterized by high volatility, ambiguity, uncertainty, and complexity. With clients’ needs and requirements changing by the day, law firms must modify how they relate to their clients in their
- Published in Legal Business Tips, Scheduling, Time Tracking
Five Ways to Reduce Your Law Firm’s Admin Time
The success of any legal firm depends on various principles, including consistency, determination, client acquisition, case management, and, more importantly, billable hours. The need to maximize performance and revenue cannot be overstated. Unfortunately, most law firms use too much of their time on activities that do not bring in revenue. According to a research analysis
- Published in Legal Business Tips, Time Tracking
Tips for Improving Your Law Firm Billing Efficiency
Getting paid accurately and on time is one of the greatest motivations any organization can ask for. More so, for a law firm, you need to keep your cash flow optimal to support operations and avoid inconveniences like delayed salaries, rent overdue, tax issues, and other overhead expenses. Your clients also expect the billing process
- Published in Billing & Invoicing, Legal Business Tips
Improve Client Experience Through Legal Software Solutions
Client experience may be a new buzzword in the legal industry, but it’s fast emerging as a critical frontier on which law firms set apart from the competition. Today, clients have clear-cut expectations on what law firms should do to foster stronger relationships with them, and if they don’t experience that, they won’t think twice
- Published in Legal Business Tips, Reporting, Time Tracking
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