LawSites

DECEMBER 12, 2022

This week, my wish came true, in a sense, as I attended what felt like the legal tech world’s answer to Davos or Renaissance. It was the inaugural TLTF Summit , a three-day program convened in Miami by The LegalTech Fund , the first venture capital firm to focus exclusively on legal tech. That description aptly fits the TLTF Summit.

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Rocket Matter

JUNE 13, 2023

No buzzwords allowed. Here’s your straightforward introduction to legal practice automation—what it is, why it matters, and exactly how it can help save time and increase profits for your law firm. What is legal practice automation? Time tracking Tracking time is a key administrative task in any legal practice.

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LawSites

DECEMBER 15, 2021

Lawmatics , a company whose platform provides client relationship management (CRM), client intake and marketing automation for attorneys, has closed a $10 million Series A financing round, it is announcing today. The financing follows the San Diego-based company’s raise of a $2.5 million seed round in October 2020.

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Paralegal Bootcamp

MAY 6, 2022

According to the US Bureau of Labor Statistics, employment of paralegals and legal assistants is projected to grow 12 percent from 2020 to 2030, faster than the average for all occupations. Paralegals and legal assistants held about 345,600 jobs in 2020. Finance and Insurance 3%. Federal Government 5%. Paralegal Career Choice.

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MyCase

OCTOBER 20, 2022

Your firm’s law office management and organizational procedures can mean the difference between running a profitable business or running your business into the ground. There are several complex components involved in successful law office management. How to leverage legal technology to make law practice management simple .

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CARET Legal

APRIL 3, 2024

That’s where law firm management software, like CARET Legal comes in. CARET Legal Profit & Loss report And it’s always good to know where you stand. Investing in a modern solution can provide valuable insights into your firm’s finances, helping you boost your profit margins and drive growth.

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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. Our top pick?

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MyCase

DECEMBER 19, 2022

Keeping a legal calendar up to date can be difficult. Legal calendaring programs ensure that your calendar is always accurate. In this article, we’ll discuss: A brief overview of legal calendaring software . What is Legal Calendaring Software? Features to Look for in Legal Calendaring Software. Time management.

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MyCase

AUGUST 16, 2022

While measuring the success of your firm’s operations, new business, and finances can often feel overwhelming, cloud-based legal software that features law firm financial dashboard analytics can simplify the process. . Workflow automation and client communication software can serve as possible solutions based on this legal data. .

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Rocket Matter

APRIL 4, 2023

Rest assured: lean management is not some scary overlord tactic to squeeze more productivity out of an already maxed-out team. At its core, a lean legal firm is one that maximizes value and minimizes waste. Instead, it’s about figuring out how to optimize workloads to spend more time on the things that matter. How does it work?

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MyCase

JULY 14, 2022

All the time spent on case work (requiring legal skill and judgment) qualifies as billable time. As a refresher for your law firm, this includes but is not limited to case-focused research, drafting of pleadings, and court appearances. Non-billable hours typically involve clerical tasks that require no legal skill.

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MyCase

AUGUST 22, 2022

You know the type—nice office, big desk, fancy suit, and working long hours on a stack of case files. A boutique law firm’s case management process provides a different experience for lawyers and clients. . A boutique law firm is a smaller legal organization that concentrates on one practice area. Legal Services .

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LawTechnologyToday

NOVEMBER 30, 2022

As with most professional service providers, legal professionals have a tendency to fall into the “If it ain’t broke…” camp. But over the past two years, attorneys have been put in a position where choosing not to implement new legal tech isn’t really an option anymore. The Impact of COVID-19 on Legal Tech . Case Management.

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Rocket Matter

FEBRUARY 24, 2023

As pioneers in cloud-based legal software, we promise: it’s easier than you expect. That being said, you do need to plan for changes. If your client faces a large bill, it can help to discuss these fees in advance with them and prevent sticker shock when they receive their legal invoice. Start accepting payments online!

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MyCase

MARCH 10, 2023

Because legal client trust accounts are governed by much stricter rules than a typical business account, a third set of records is added to the reconciliation process. Again, a friendly reminder: If you maintain multiple trust accounts, you must reconcile each trust account.

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MyCase

JULY 29, 2022

Managing an organized law firm chart of accounts is crucial for maintaining your business’s overall financial health and meeting strict legal ethics requirements. There are six standard categories that outline a typical legal accounting setup: Assets. Revenue is the income received as a result of issuing your legal services.

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LawTechnologyToday

NOVEMBER 25, 2022

When faced with challenging daily tasks, such as managing invoices and reconciling trust account transactions, even the most brilliant legal minds struggle to build a successful practice. . To resolve these issues, attorneys are turning to legal time management software. Legal Payments Software . Save time .

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LawTechnologyToday

MARCH 17, 2022

In a growing legal services market, firms are seizing opportunities for growth. Identify key business stakeholders—these will include one or more partners, finance, operations, IT, HR, firm administrators, and training staff from one or both firms. Prioritize Practice Management. Conduct a Business Assessment.

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Rocket Matter

SEPTEMBER 19, 2023

Our robust platform provides a range of features, including document management, automated cost recording, workflows and task management, file management, and much more. With its intuitive and scalable platform, you can manage all aspects of your practice from one central location. Get free guide See More

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MyCase

SEPTEMBER 14, 2021

The day-to-day tasks involved in running a successful law firm – including tracking deadlines, staying on top of client communications, overseeing your firm’s finances, and business development – can take up significant amounts of time. That’s why streamlined, effective legal billing systems are so important.

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LawSites

DECEMBER 29, 2021

As I survey the legal profession broadly, and the world of legal tech and innovation specifically, I see uncertainty and inertia. It is as if we are serving time in a legal tech limbo. After all, it was a good year for the legal tech industry. Overall, the legal tech industry saw unprecedented growth.

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Rocket Matter

JUNE 27, 2023

But it doesn’t need to be this way—especially when you use automation to your advantage. Barriers to effective legal marketing Ethical considerations aside, there are several barriers that solo, small, and medium-sized law firms face when they try to improve their marketing. Running a legal practice is definitely one of those things.

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MyCase

AUGUST 10, 2022

The legal profession is commonly considered a profitable one. Those outside the legal field (or new to it) may not be familiar with how lawyers get paid or know that not all payments are created equal. Legal time-tracking software helps lawyers consistently and accurately track their time and increase their billable hours.

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MyCase

DECEMBER 15, 2022

Start by calculating your personal/family finances. Set Up Financial Accounts Next, set up the necessary accounts to ensure that you’re in compliance when handling business finances and client funds. These pooled funds require donations toward pro bono or non-profit legal services. How Can I Ensure That I’m Financially Secure?

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MyCase

DECEMBER 15, 2022

Start by calculating your personal/family finances. Purchased technology, including legal practice management software . Next, set up the necessary accounts to ensure that you’re in compliance when handling business finances and client funds. Consider MyCase Practice Management Software . Document management.

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LexBlog

MARCH 29, 2012

Modern technology continues to improve the life of attorneys, paralegals and legal secretaries throughout the United States. The Legal Assistant is one of the companies participating in this technological change. The Legal Assistant has added recently their newest product, The Family Law Assistant (TFLA). Legal calendaring.

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LexBlog

MARCH 29, 2012

Modern technology continues to improve the life of attorneys, paralegals and legal secretaries throughout the United States. The Legal Assistant is one of the companies participating in this technological change. The Legal Assistant has added recently their newest product, The Family Law Assistant (TFLA). Legal calendaring.

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Attorney at Work

JUNE 6, 2022

Most in-house legal departments still grapple with the challenges of working remotely, making do with leaner budgets and resources, and managing virtual teams — all during an unprecedented era across nearly all industries and geographies. Becoming a Trusted Resource on the Ever-Changing Legal Landscape.

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LawSites

DECEMBER 29, 2021

As I survey the legal profession broadly, and the world of legal tech and innovation specifically, I see uncertainty and inertia. It is as if we are serving time in a legal tech limbo. After all, it was a good year for the legal tech industry. Overall, the legal tech industry saw unprecedented growth.

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Rocket Matter

OCTOBER 17, 2023

Well, we’ve got some good news: there is a solution, and it’s legal time-tracking software. But what exactly is it, and how can it transform the way you manage your law practice? What is legal time-tracking software? Every minute counts in a legal practice. With legal time-tracking software, you don’t have to.

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Rocket Matter

JULY 18, 2023

While medium- and large-sized firms usually have administrative assistants, paralegals, clerks, admins, and even entire teams to oversee client onboarding, marketing, documentation, time and expense capture, and billing, a solo practitioner has to manage all those functions on top of their actual legal work. It can be a lot.

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Attorney at Work

MAY 31, 2023

Kevin Gallagher | Embedded payments offer much more than automatic payments. The post Getting Paid Faster: Embedded Payments appeared first on Attorney at Work.

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CARET Legal

MARCH 6, 2024

Also, certain complex transactions, such as those involving client trust funds or partner distributions, require an understanding of both legal and accounting principles. Using law firm management software with robust accounting capabilities can also automate the double-entry bookkeeping process involved in managing general ledgers.

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LexBlog

JUNE 5, 2011

Preparing for legal documents like purchase contracts, and listing agreements. Analyzing mortgage and financing commitments. LPO( Legal Practice Optimization ) compliant case management software is the perfect solution to all of these problems. The problem with this office management approach is convenience.

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LexBlog

JUNE 5, 2011

Preparing for legal documents like purchase contracts, and listing agreements. Analyzing mortgage and financing commitments. LPO( Legal Practice Optimization ) compliant case management software is the perfect solution to all of these problems. The problem with this office management approach is convenience.

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Attorney at Work

SEPTEMBER 26, 2021

For law firms, streamlined, effective legal billing software is incredibly important. Enter modern legal billing software. It ensures that your firm’s legal billing processes are efficient and accurate by reducing the steps needed to invoice clients and accept online payments. Hurdle 1: Missed Billable Time. SPONSORED CONTENT.

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Attorney at Work

NOVEMBER 2, 2021

APX is a unique offering to the legal community in many ways. Many lawyers tremble heavily when it comes to setting up new technology, especially tech-related to law firm finances; but, onboarding for APX is done entirely through a web application. Legal consumers, like all consumers, prefer to pay via electronic means.

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