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Tax Prep for Law Firms: Year-End Tips

Rocket Matter

To help get your firm up to speed on year-end tax prep, we’ve compiled this list of seven essential tips to take the headache out of doing your taxes and allow you to return to focusing on what matters most: your clients. 7 tips for law firms to get ready for taxes Grab a holiday cookie and turn off your email notifications.

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ALSP Factor Launches Product for Law Firms to Manage and Support Transactions

LawSites

There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Now, building on these experiences, Factor is launching a productized, tech-enabled Legal Transaction Optimization service specifically for law firms. Due diligence.

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AltaClaro Raises $2.5M to Expand Its Experiential Training Platform for Lawyers

LawSites

million seed preferred financing round to further develop its product and expand its market share. The financing round was led by Bryce Catalyst , a legal tech fund whose founding partner Cary Burch is the former chief innovation officer of Thomson Reuters. Read more about AltaClaro on the LawNext Legal Tech Directory.

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Legal Staffing Lessons for Today’s Marketplace

Attorney at Work

Law firms didn’t let the pandemic get in the way of profitability or performance in 2020. on average in the fourth quarter of 2020, according to Thomson Reuters — and 15% among AmLaw 100 firms. Corporate law departments made structural shifts as well. Creative Staffing Arrangements Can Help Law Firms Win Business.

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What Are Billable Hours? A Guide for Lawyers

Rocket Matter

Why the billable hour matters Reports state that many attorneys bill between 1,700 and 2,300 hours per year , so not tracking all your time accurately can lead to tens of thousands in lost revenue. Second, law firms track the billable hours of each attorney. Get free guide See More

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Three Ways Contract Analytics Deliver Value Beyond Corporate Legal

LawTechnologyToday

Their counterparts at law firms have long used business intelligence tools, such as win rates, financial statistics, and document and case metadata. Finance executives need historical and predictive data insights – like whether a business is outgrowing its office or manufacturing space – to make key decisions.

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Are you a Corporate Paralegal? You may just be in luck.

The Estrin Report

Law firms and in-house legal departments are coming at us with request upon request upon request (ok, you get it) for corporate paralegals all over the country. And here’s a little known secret: law firms are throwing money at legal staffing organizations by giving them 10-30 % more in fees so they get preferential treatment.

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