Top 5 of the Most Controversial and Famous Supreme Court Cases

Often controversial and famous Supreme Court cases result in new interpretations of existing law or a new legal concept altogether, and that’s why landmark cases are such a big part of history and understanding the way the current legal system is shaped. In the United States, the Supreme Court handles mostly important court cases, so…

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5 Reasons Why Law Firms Should Move to Value-Based Billing

The billable hour is a cornerstone of the legal profession. For generations, lawyers have relied on increments of time to create value-based billing and quantify the services provided to clients. The more time a matter takes, the more lucrative it is for the attorney and the law firm. Yet, as the practice of law evolves…

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How Using KPIs Can Increase your Law Firm’s Profitability?

Like any successful business, the success of your law firm’s profitability requires dedication, hard work, and attention to details. This means that you should be running regular reports about your firm’s performance in order to identify areas for improvement and make necessary changes. Key Performance Indicators (KPIs) are often talked about within the business arena,…

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TimeSolv Pro: The Essential Practice Management Tool for Law Firms

Developed in 1999, TimeSolv has emerged as the leader in time & expense tracking, billing, and management needs for businesses around the world. Our software is used by thousands of professionals in various industries, including legal, technology, engineering, health, marketing, design, and advertising. Raza Hasan, the TimeSolv CEO explains, ‘We believe in providing the best…

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Six Reasons Why Your Law Firm Needs Legal Accounting Software

Far too many solo and small law practices utilize outdated and ineffective tools for their legal accounting needs. If you are one of them, you could be putting your firm at a significant disadvantage. Inadequate legal accounting software can lead to excessive amounts of time spent on accounting tasks, as well as the potential for…

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Tip of the Week: Contacts and avoiding duplicates

While TimeSolv allows its users to save contacts under two different areas of the software – the matter level and the client level – it is important to emphasize that when a contact is created at the client level, you DO NOT need to create that contact again at the matter level if they are…

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Tip of the Week: New Xero Integration

TimeSolv has just rolled out a new integration feature with Xero. Xero is the perfect solution for viewing account cash flow in real-time. Users can use the cloud-based app from tablets, smartphones, and computers, making it easily accessible at all times. Xero helps manage money from budgets that compliments long-term goals of the business. It is…

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How to Identify Bottlenecks in Your Law Firm and Expedite Processes

Business bottlenecks refer to areas of your business that run slowly, resulting in a workload backup or slow movement of other operations. They are essentially inefficiencies in your process that cause your workflow to become backed up. It’s important to identify bottlenecks within your law firm because they lead to inadequacies and may result in…

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What is Blockchain’s Impact on the Legal Profession?

Before we get into the meat of this post, let’s answer the question that most of us are still asking. What is blockchain? Well, it is simply a chain of blocks. The chain is a public database and blocks are pieces of digital information. Still confused? Blocks store transactional data, such as date, time, and…

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Tip of the Week: Report formats

Monthly and annual reports are valuable tools in building a successful law practice. They provide you with detailed information about your firm from a variety of financial and management perspectives. Used properly, monthly reports can help you identify what is working within your business and what needs improvement. Gain fresh insights into your business with 31 different…

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