LawTechnologyToday

NOVEMBER 25, 2022

We often hear lawyers say they went to law school to study law, not to learn how to run a firm. According to more than 2,000 survey respondents who participated in MyCase’s 2021 Legal Industry Report , 61% of lawyers find capturing billable time a challenge. . Learn more in our Benchmark Report, Part Two: How Lawyers Get Paid.) .

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MyCase

APRIL 1, 2024

The technology landscape for lawyers is complex and continually evolving. Time-Tracking Software Time-tracking software aims to streamline how lawyers record their billable and non-billable time. They can also accommodate different types of billing arrangements, such as installments, scheduled payments, and third-party financing.

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Rocket Matter

JULY 11, 2023

Just like all professional expects to be paid correctly and in full for their services, lawyers should be paid for their billable time. But if that’s the case, then why are so many lawyers undercharging their clients and losing billable time? Why do lawyers lose billable time ALL the time?

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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. The calendaring and contact management features track deadlines, to-do lists, conflicts of interest, and client information from wherever you’re working that day. Choosing an online storage provider 4.

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Rocket Matter

DECEMBER 5, 2023

If you’re looking to save time and be more productive as a lawyer, look no further than developing stronger time management. It can even be verbal, with some lawyers having an assistant record time spent with a client. It can even be verbal, with some lawyers having an assistant record time spent with a client.

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MyCase

OCTOBER 20, 2022

These elements include client communications, firm finances, staff workloads, team relationships, and other strategic business practices. . Scheduling and calendaring. Lawyers often rely on DropBox, Google Drive, OneDrive, or a case management solution. . Why is High-Quality Office Management Important? Billing and collections.

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Rocket Matter

NOVEMBER 14, 2023

Part of your job as a leader of a law firm is to make attorneys’ jobs as frictionless as possible. If lawyers are jotting down their hours on sticky notes, it’s taking up time and energy—as opposed to starting the clock on their time-tracking software with a click.

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LawSites

FEBRUARY 16, 2023

A survey out today of lawyers, paralegals and administrative support professionals at midsized law firms finds that nearly three-quarters report feeling stress, burnout, or being overwhelmed in the past year, and that understaffing is a leading cause, with 92% saying their firms have been impacted by staffing or resources shortages.

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Attorney at Work

JUNE 6, 2022

Anticipating client needs has always been a key component of good lawyering. Law Firm Innovation: Accessing patent data, tackling the changing court schedules and following judicial deadline extensions are just a few variables that businesses and lawyers are handling during the global pandemic.

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SimplyLawJobs

JUNE 10, 2021

I found myself being progressively more interested in finance and banking as I progressed through university, culminating in an internship in a bank. I’ll also make sure to check both my firm and my client calendars so I know what the day looks like. Surviving and thriving: tips for young lawyers. I also grab breakfast.

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Rocket Matter

NOVEMBER 18, 2022

Consider the following data: A 2020 ABA survey states that just 58% of firms store their data in the cloud, and only 7% of survey respondents used tools that deploy artificial intelligence (AI), despite AI’s popularity in other industries such as finance. . This reluctance poses a productivity and profitability risk for law firms.

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LawTechnologyToday

NOVEMBER 30, 2022

Technology is an integral part of every attorney’s day-to-day—from trial lawyers preparing for a case to transactional attorneys drafting and organizing documents. Calendaring / Docketing. Enables you to offer clients legal fee financing options so clients can pay over time but you get your full fee upfront. Case Management.

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ALPS

OCTOBER 5, 2022

Today, on the Path to Well-Being in Law podcast, co-hosts Bree and Chris hear from Helen Wan, a lawyer and the author of the 2013 novel, The Partner Track , which just launched as a new TV series on Netflix. Helen Wan is an author and a lawyer and a graduate of Amherst College and the University of Virginia School of Law. BREE: Yeah.

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Strictly Business

MAY 31, 2018

Therefore, if a venture capital fund is asked to enter into an agreement to participate in all future rounds of financing of a portfolio company, that any such requirement carves out shares sold in an IPO. The information presented should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

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Rocket Matter

JULY 18, 2023

Lawyers who go out on their own usually do so because they want the buck to stop with them. Instead of spending hours at the end of each month gathering receipts, sticky notes, index cards, emails, and phone logs, solo lawyers who use a practice management solution with time-tracking capabilities can create and deliver invoices in minutes.

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MyCase

DECEMBER 15, 2022

When picturing a successful lawyer, you might imagine a Big Law attorney—pricey suits, expensive cars, leather suitcase in hand, taking the most high-profile cases with a big team. Additionally, in Big Law, lawyers may have deeper pockets financially and access to a larger network of clients and legal professionals. .

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LawTechnologyToday

NOVEMBER 23, 2022

These days, cybersecurity awareness training should be on every firm’s calendar at least once a year and more if possible. Law firms with 2-9 lawyers were at the low end with 30.4%. The percentage increased as the law firm size increased with 500 or more lawyers being at 53.3%. Email encryption is increasing.

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LawSites

DECEMBER 29, 2021

Do lawyers return to the office or not? You can think of things like sales and finance. Others were blocked out of courts by archaic rules that prevented individuals without lawyers from filing documents electronically. July 28 : Clio acquires the automated court-calendaring company CalendarRules.

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Strictly Business

OCTOBER 8, 2021

The information presented should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. The New Standard. Four Non-Exclusive Safe Harbors. This article is for general information only.

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Rocket Matter

OCTOBER 31, 2023

Download free guide Related Resources How to Increase Your Profits with Rocket Matter Lawyers in firms of all sizes struggle to finish the work for the day in a reasonable amount of time. Get free guide How to Master Your Law Firm’s Time and Billing Lawyers have a heavy workload. Get free guide See More

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LexBlog

JUNE 5, 2011

The task of a real estate lawyer is not an easy feat. Analyzing mortgage and financing commitments. Aside from these concerns, another problem that real estate lawyers have to face today, is simply remaining in business. Traditional real estate lawyers will most likely have a big white board inside their office.

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LexBlog

JUNE 5, 2011

The task of a real estate lawyer is not an easy feat. Analyzing mortgage and financing commitments. Aside from these concerns, another problem that real estate lawyers have to face today, is simply remaining in business. Traditional real estate lawyers will most likely have a big white board inside their office.

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Rocket Matter

AUGUST 22, 2023

Instead of skipping them altogether, or worse, resorting to a pile of paper receipts and scribbled calendar entries, choose simple tools that allow you to track and bill for your time. Get free guide How to Master Your Law Firm’s Time and Billing Lawyers have a heavy workload. Get free guide See More

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Rocket Matter

JANUARY 30, 2023

Besides, what lawyer has time for that?) Identify billable activity by users It’s helpful to see a bird’s eye view of your finances when assessing the overall profitability of your law firm—and it’s also helpful when you can take a closer look at that revenue. For example, you can: 1. All within a single, easy-to-use program.

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LawSites

DECEMBER 29, 2021

Do lawyers return to the office or not? You can think of things like sales and finance. Others were blocked out of courts by archaic rules that prevented individuals without lawyers from filing documents electronically. July 28 : Clio acquires the automated court-calendaring company CalendarRules.

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Rocket Matter

FEBRUARY 20, 2024

You might find yourself buried under a mountain of spreadsheets, sticky notes, and calendar reminders, trying to recall if John Doe prefers emails or phone calls or if Jane Smith's case is up for review next week. Get free guide How to Master Your Law Firm’s Time and Billing Lawyers have a heavy workload. The solution? CRM software.

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InHouseOps

MAY 21, 2021

In 2005 a large number of Venture Law Group lawyers joined Orrick, so Orrick really shares significant DNA with VLG. The goal is to allow better, faster, and more cost-effective decisions, leading to better outcomes, greater efficiency, and improved and enduring lawyer-client relationships. That was formative for me.

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ALPS

JULY 14, 2021

Jen’s also a frequent writer and speaker on the issues that include lawyer and law student well-being. And even though there are great benefits to doing that, what they really want to know is what does this have to do with being a lawyer? How does this impact my lawyering and my clients? JENNIFER LEONARD: Wow. CHRIS: Yeah.

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Rocket Matter

MAY 23, 2023

They also increase the risk for law firms who don’t have enough time to thoroughly deal with their documentation, deadline calendars, accounting reconciliation, and client communications, all of which can lead to significant profit loss down the road. Manual admin tasks don’t just cut directly into billable hours.

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Lawfecta

DECEMBER 22, 2018

Manage cases, clients, documents, bills, calendars, time tracking, reporting, and accounting, all from one platform. Handle billing, client intake, case management and calendaring all from one application. In addition, Wave offers accounting coaching and bookkeeping services to help manage your finances. Cloud Solutions.

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LawSites

DECEMBER 4, 2023

The substantial amount of time lawyers spend drafting documents during litigation. It also improves access to justice for society as lawyers can handle more cases, as well as remove some bias from the legal system through fact-first drafting. What problem do you solve? Anything else? Demo video: [link] Founded: 2/1/2018, Washington DC.

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