Productivity

Every paralegal should know this common attorney billing language

As a paralegal, you provide extremely valuable services to your employer or client. Not only do you perform case-related tasks, but you may also handle the extremely important task of client billing and invoices. If this accurately describes your job duties, you need to know concepts and terms that are commonly utilized for law firm…

Read More

The five best billing practices for profitable law firms

Billing is an essential aspect of running a successful law practice. It is how you receive remuneration for your work, take care of your office bills, pay your employees, and compensate yourself. If done incorrectly, your billing practices can threaten the very existence of your firm. That’s why it is vitally important to implement and…

Read More

Law Practice Accounting Using QuickBooks

It can be a daunting task trying to keep on top of all the finances for small and medium-sized law firms. QuickBooks is the most popular choice and a staple for managing accounting and billing needs for small businesses. In the legal industry, there are a lot of specific needs that go into accounting software…

Read More

Ever thought about a career as a legal billing specialist?

Medical billing has become a popular career choice over the last couple of decades. Recognizing how time-consuming and challenging the billing process can be, many medical professionals have chosen to contract out this responsibility to people who specialize in providing this type of service. Well, did you know that there are also individuals and companies…

Read More

Primary reasons why you need to implement fixed fee billing

Gone are the days when the billable hour controlled the practice of law. In large numbers, attorneys have turned to alternative billing options when seeking compensation for their legal services. While these wise lawyers recognize the numerous benefits of implementing fixed-fee billing arrangements, many law firms continuously resist this industry-wide movement. So, in an effort…

Read More

It’s time for a vacation – your mental health may depend on it

We’re nearing the halfway mark of the year and you’ve been diligently working to grow your law practice, while keeping current clients satisfied. Your staff has been right there with you, making sure deadlines are met, documents are accurate, and the office is properly managed. You’ve created an efficient and effectively performing machine, but even…

Read More

Is your law firm making these common trust account mistakes?

Managing your trust account can be one of the most challenging and confusing aspects of practicing law. Not only are you worried about the general responsibility that accompanies a trust account, but you must also constantly ensure that your office practices comply with the rules and regulations of your state. Unfortunately, many attorneys consistently utilize…

Read More

Is your office secure? A checklist for law firm cybersecurity

We continue to live in a world plagued by cybersecurity threats and data breaches. Though company breaches may not place at the top of our ever-changing news cycle anymore, they do continue to happen at an alarming rate. Security experts agree that breaches are inevitable, even for smaller companies, and that it’s only a matter…

Read More