article thumbnail

Arrear View Mirror: How to Collect More Money in Your Law Firm

NCBA Law Practice Management Blog

Law firms usually collect money in arrears, ie – we’ve done the work, now kindly pay us. A bill is sent to the client; then, the firm waits to get paid. And, it can be done in a law firm. To get started, visit Red Cave's NCBA landing page , and start running your law practice like a business.

Law Firm 200
article thumbnail

Balancing the Scales: Strategies for Addressing Pay Compression in Law Firms

The Estrin Report

Estrin I had lunch last week with a friend who is the Director of Administration at a top, major law firm. The firm had been seeking a litigation paralegal for months. You are most likely creating a sense of career stagnation which can lead employees to look outside your firm for advancement. Most law firms pay bonuses.

Law Firm 218
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is My Law Firm Worth?

Attorney at Work

Brooke Lively | Here are the two most important factors that determine your firm's value — if you want to sell. The post What Is My Law Firm Worth? appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

article thumbnail

Visual Basic: Two Types of KPIs for Law Firms

NCBA Law Practice Management Blog

Law firms have not necessarily used data to their advantage, like other businesses. And, if you haven’t tried launching and managing KPIs in your law firm , there’s no time like the present, for doing just that. And, lean methodology offers a number of process-oriented KPIs for law firms. You get the idea.

Law Firm 130
article thumbnail

Legal Software Buyer's Guide for Personal Injury Law Firms

Paralegals are the nucleus of Personal Injury law firms. The right legal software has the potential to help Personal Injury firms focus more on the most important elements of their “jobs” and help streamline and automate the administrative side of the business. The most important features to look for in a legal software.

article thumbnail

Law Firms Looking Outside The JD Box For Legal Talent

Above The Law

The post Law Firms Looking Outside The JD Box For Legal Talent appeared first on Above the Law. There's something inherently intriguing about non-JDs joining the legal industry.

Law Firm 125
article thumbnail

Profit Powerhouse: Elevating Law Firm Financial Performance [Sponsored]

Above The Law

Join us for the CLE-eligible webinar, to learn tactical strategies to run a more profitable law firm. The post Profit Powerhouse: Elevating Law Firm Financial Performance appeared first on Above the Law.

Law Firm 117
article thumbnail

10 Must-Have Features of Plaintiff Personal Injury Case Management Software

In 2022, there are dozens of case management software options for law firms to choose from. Plaintiff personal injury law firms need a specific set of features and tools that don’t necessarily apply to other practice areas. But the truth is: not all legal software is created equal.

article thumbnail

You Deserve a Better Personal Injury Case Management Software

Consolidate your entire team’s work in a central location to implement any feedback and updates about the firm's cases. Discover the difference a legal software exclusively tailored for personal injury law can make. Personal injury law firms who attend a demo of CloudLex will qualify for a special Paralegal Brief discount and pricing.

article thumbnail

Visibility Into the Strategy & Supporting Documents of Major US Law Firms

Law Firm Intelligence by Trellis aggregates state trial court data across the Trellis platform enabling users to: look up a particular metric related to a specific law firm (such as, how many cases a law firm had or has against another law firm), and see the actual dockets and documents supporting the metric.

article thumbnail

Getting Automated: An End-to-End Guide to Law Firm Automation

Today, automation-based solutions are widespread practice — nearly half of firms were using them in 2020. But law firms often don't use automation to its full potential. We'll walk through all the tasks your firm can automate, how to implement automation and measure your success. Barriers to law firm automation.

article thumbnail

The Law Firm Billing Handbook: A Comprehensive Guide to Automated Billing

Traditional billing practices can leave paralegals and many staff at law firms spending countless hours manually creating and sending invoices, tracking billable hours, and processing paper checks. From the basics down to the intricacies of legal accounting, learn how to effectively gain control of your law firm's.

article thumbnail

Personal Injury Law Firm Paralegal Toolkit

Paralegals are essential to Personal Injury law firms; they are the backbone, the glue that holds things together, whether for a solo practitioner or a large firm with many attorneys.

article thumbnail

Contract Lifecycle Management: A Business Enabler Exploring On-Ground Challenges

The current scenarios in business development have shown that having a fully automated CLM has become a mandate for every law firm and in-house legal department. But the complexities of digitising a legal document are numerous.