Taking the Hassle Out of Managing Evergreen Retainers
Evergreen retainers are a smart fee structure for law firms seeking a healthier, more reliable cash flow. When implemented strategically, they offer peace of mind and predictability for both attorneys and clients. But when it comes to managing them, evergreen...
8 Reasons Time Tracking Is Necessary for Profitable Flat Fee Billing
Although most law firms continue to use traditional billable hours, 84% of law firms also use alternative fee arrangements to charge clients for at least some of their services. In 2021, flat fee billing was a significantly more popular alternative fee arrangement...
Boost Law Firm Productivity with These Legal CRM Essentials
It’s no wonder that the global market for Client Relationship Management (CRM) software is projected to reach $114.4 billion by 2027—research shows that 80% of customers are more likely to do business with a company if it offers personalized experiences. CRMs are...
8 Reasons Time Tracking Is Necessary for Profitable Flat Fee Billing
Although most law firms continue to use traditional billable hours, 84% of law firms also use alternative fee arrangements to charge clients for at least some of their services. In 2021, flat fee billing was a significantly more popular alternative fee arrangement...
Understanding Matter Costs for Better Law Firm Budgeting
Strategic budgeting can protect your firm’s profit margins even when the unexpected occurs. It can also help you make more informed, careful decisions as you invest in the future growth of your practice. Solid law firm budgeting doesn’t only occur at the...Subscribe to our blog!
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