Regardless of firm size or scope of practice area, most attorneys find themselves overworked and with an ever-growing to-do list, especially those in managing roles. For these attorneys carrying the success of the firms on their backs, the idea of making significant changes to the way the firm conducts its administrative functions can sometimes feel like an unwanted hassle at best or an impossible dream at worst. This is especially the case when it comes to the lifeblood of the firm’s economic survival – the firm’s legal billing system. You’ve no doubt heard of cloud-based legal billing solutions, but moving from a legacy billing system – whether it be an old-school spreadsheet system or an off-the-shelf software package – to a cloud-based system can make you feel apprehensive, perhaps for security reasons (more on that below) or just because of the challenge of making the change, but the benefits of moving from a legacy billing to a cloud-based legal solution are many.
Timekeepers Can Easily Input Time From Anywhere
A top reason that clients push back on invoices and successfully push for paying less than what was billed is due to various errors in the billing entries: incomplete entries, block billing, vague entries, or late or delayed entries are just a start. With a solid cloud-based billing solution, all timekeepers can input their time anywhere and at any time with access via tablets, laptops, and smartphones to improve timely billing and reduce errors.
You Can Cost-effectively Outsource IT Functions
Having a clunky, in-house legacy billing system that becomes more and more outdated with every passing day means you need to have IT professionals on standby to fix errors and try to make adjustments to a system that only becomes less useful with time. With a cloud-based solution, you can obtain the benefits of having your cloud-based provider manage your IT issues on an ongoing basis while providing continuous improvements to keep up with your clients.
Cloud-based Solutions Grow With Your Firm
Do you only have five attorneys now, but hope to grow to 40 attorneys within five years? A cloud-based billing solution is a cost-effective, scalable solution that can constantly evolve to meet your firm’s needs at a price that fits your budget.
Your Billing Information Is Always Backed Up
You can open up the business pages on pretty much any day of the week and find yet another story of hacking and cybercriminal activities that target holes in traditional, outdated technological platforms. With a cloud-based solution, you can take steps to protect your data from being lost, as well as preserve your most sensitive and important billing information in case of fire, flooding, theft, or other threats.
Sensitive Information is Kept Secure
Many attorneys are rightfully concerned about technological security and cloud-based solutions, especially when it comes to sensitive client information. TimeSolv, a cloud-based billing solution like TimeSolv provides state-of-the-art security, continuously monitored and improved to meet the needs of law firms. Read more about TimeSolv’s dedication to client security here.
Before proceeding further, you might be interested in learning that What to look for in legal billing software? This will give you a clear understanding on how to increase productivity with efficient accounting and billing solution.
Optimize Your Firm with TimeSolv
TimeSolv offers backend automated office solutions that brings big-firm innovation to all types of firms, no matter the size. We provide low-cost automated solutions to optimize your firm’s billing, collection, expense tracking, internal reporting, and project management efforts, and offer free training to ensure that you are maximizing all the features that TimeSolv has to offer. To start your free 30-day trial of TimeSolv today, click here.