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What Are Billable Hours? A Guide for Lawyers

Rocket Matter

This might include, but definitely isn’t limited to: Researching or performing due diligence for a client’s matter Correspondences or meetings related to a case Drafting briefs Filing paperwork Court appearances On the other hand, a great deal of legal work falls into the non-billable hour camp. Get free guide See More

Lawyer 97
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Tax Prep for Law Firms: Year-End Tips

Rocket Matter

Reconcile all your accounts Law firms must reconcile their bank accounts at the end of the year to ensure financial accountability and transparency. This process can be involved, as it requires diligently cross-checking financial records with bank statements to detect any discrepancies or errors. However, the effort is well worth it.

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Speed to Lead: What It Is and Why It’s the Key to Your 2024 Firm Growth

Rocket Matter

Performing due diligence on a client matter. Get free guide 6 Billing Strategies to Grow Your Law Firm Scaling your law firm doesn’t just mean adding more lawyers or increasing your number of clients. Some things you don’t want to rush. Tax preparation. Recovering from a pickleball injury after a firm-wide tournament.

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Better Matter Management in 7 Steps (Plus 3 More for Extra Credit!)

Rocket Matter

Particularly for small and solo practices that must perform administrative tasks while juggling multiple cases, the intricacies of matter management can make or break your business—and threaten even the most diligent attorneys with a case of burnout. But fear not! Get free guide See More

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Tracking Shot: How Do You Manage Your Law Firm Expenses?

NCBA Law Practice Management Blog

You know that to effectively manage your law firm finances that you need to create revenue projections, to establish goals for what you want to make.? Tracking business expenses admits of the same issue as tracking time spent on client matters: If you’re not diligent, you may miss out on some items, especially the smaller items.?

Law Firm 100
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What Is Legal Time-Tracking Software? (And Why Do Law Firms Need It?)

Rocket Matter

Legal time-tracking software is a tool designed specifically for law firms and legal practitioners that’s used to record, track, and bill for hours spent on various legal tasks. It’s like a personal assistant who diligently notes every minute you spend on each case to ensure you get compensated for all your effort.