Archive for May 2018

Are you still using QuickBooks for legal time tracking and billing?

QuickBooks is a staple of small business. Millions of entrepreneurs use the software for their accounting and billing needs, including many attorneys and small to midsized law firms. However, while QuickBooks has plenty of valuable accounting tools, it falls short of what law firms need to track client work and create invoices. In this post,…

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Steps for implementing a wellness plan within your law firm

Your law firm is only as healthy as your employees. If you find merit in this statement, you may also find merit in implementing a wellness plan within your firm. The legal profession is notorious for its prevalence of poor physical and mental health. In fact, lawyers are significantly more likely to suffer from depression…

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Tip of the Week: Fixed Fee by Task Codes

Stop watch

Fixed fees offer predictability for both you and your clients. And where there is predictability, it leaves less room for any potential disputes once the bills roll out. In TimeSolv, you can setup fixed fees for specific Task Codes, so that when you apply the Task Codes to time entries, the fixed fee is automatically…

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Tips for improving your attorney-client relationships

Client relationships are the cornerstone of a legal practice. Positive experiences lead to repeat business, client referrals, and a good reputation for your firm. Negative relationships can result in poor reviews, disgruntled clients, and even Bar complaints. Particularly in this age of social media and online reviews, it is imperative that you consider the state…

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There’s more to attorney billing than the billable hour

For the new attorney or the attorney transitioning from big firm life to a solo practice, determining how to bill for your time and services can prove challenging. You may find yourself trying to reconcile adequate compensation for your services with the need to remain competitive within a crowded legal market. This post will explore…

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Tip of the Week: Contact Types

Stop watch

As an attorney, you need to keep track of all the various types of contacts attributed to a single Matter and/or Client. It is important you keep these contacts organized in an intelligent manner so you can efficiently make use of each contact when needed. We can help you keep everything in order for you…

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TimeSolv’s Outsourced Legal Billing service

When you are trying to lower the costs of legal services for your clients, you need to consider the option of hiring someone else to do your legal billing, and perhaps even do it better than before with a level of expertise in the field. To save on the expensive overhead of billing tasks, did…

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The organizational skills every effective lawyer should learn

Lawyers take on a tremendous number of tasks each day. Within one eight-hour workday, you may speak with 10 different clients, make three court appearances, and handle four additional matters. It’s no wonder task management and organization are such important tools within the practice of law. Keeping track of it all can be a real…

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The hard costs and soft costs of running a law practice

Costs are an inevitable part of legal practice. Providing adequate service requires various expenditures for work done on behalf your clients. It’s important to understand whether these expenses are classified as hard or soft costs for a couple of reasons. For one, you may be able to recoup some of these costs from your clients.…

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