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...
Why Your Law Firm Needs a Software That Lets You Track Time Offline
The necessity of mobile and offline time tracking Accurate law firm time tracking is more than simply a matter of time management. It’s a matter of ethics, profitability, and practicality. Yet, try as you might, some legal time tracking tools don’t provide a full...
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...
Dos & Don’ts: Electronic Payment Processing for Law Firms
Do you find the idea of processing electronic payments from your legal clients daunting? Most law firms do. With the ABA’s strict IOLTA trust accounting guidelines, there isn’t a lot of room for error. Without rigorous compliance safeguards in place, you run the...
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...Subscribe to our blog!
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