Accounting Practice Management Archives

How to Determine Your Effective Payment Processing Rate

by Raza Hasan | Accounting Practice Management, Payment Collection

At first glance, your payment processing fees might not seem like something that could possibly hinder your law firm’s growth, but they can have a real impact on your firm’s profitability. These often hidden fees eat into your bottom line, risking your firm’s...

To Outsource, or Not to Outsource? The Pros and Cons of In-House vs. Outside Legal Bookkeepers

by Raza Hasan | Accounting Practice Management

Legal professionals face increasing client demands while striving for operational efficiency. Specializing and outsourcing can help assign the right tasks to the right people, increasing productivity and quality of work. Bookkeeping can be an especially effective area...

Dos and Don’ts of Law Firm Financial Management

by Raza Hasan | Accounting Practice Management

Know that sinking feeling you get when you need to be somewhere and can’t find your keys? We’ve all had those moments where we’ve misplaced a necessity (only to discover it later in the fridge). Now, imagine that same feeling, except it’s your law...

Tip of the Week: Expense Tracking Enhanced with Categorization and Notes

by Raza Hasan | Accounting Practice Management

Managing expenses just got even easier with TimeSolv’s latest enhancement. We’re excited to introduce the new feature that allows you to specify a category and internal notes for your expense entries. This enhancement empowers you to organize your expenses...

How Fixed-Fee Billing Can Enhance Law Firm Profitability

by Raza Hasan | Accounting Practice Management, Time & Billing

The traditional hourly billing method has been the default in legal practice for the past century. However, as clients’ needs evolve and new generations of lawyers enter the industry, alternative fee structures have been creeping into invoices across the nation. In...

Pushing for Profit: Seven Ways to Improve Your Law Firm’s Profitability

by Raza Hasan | Accounting Practice Management, Legal Accounting, Payment Collection

Profitability is the lifeblood of sustained success for all law firms, but it’s especially critical when a firm begins to scale and needs to support a larger roster of attorneys, partners, and staff and continue to prosper. In today’s competitive legal market,...

How to Determine Your Effective Payment Processing Rate

To Outsource, or Not to Outsource? The Pros and Cons of In-House vs. Outside Legal Bookkeepers

Dos and Don’ts of Law Firm Financial Management

Tip of the Week: Expense Tracking Enhanced with Categorization and Notes

How Fixed-Fee Billing Can Enhance Law Firm Profitability

Pushing for Profit: Seven Ways to Improve Your Law Firm’s Profitability

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How to Get Clients to Pay On Time: 15 Tips in 15 Minutes!

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How to Get Clients to Pay On Time: 15 Tips in 15 Minutes!

If you’re looking to reduce time spent on collections, decrease the amount of overdue invoices, or boost your cash flow, this webinar will help you do it all!

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