Productivity

Legal Rainmaking: Eight Steps for Managing your Legal Practice More Efficiently Using Legal Billing & Management Software

Legal rainmaking is not solely about bringing in new clients and greater revenue. It’s also about paying attention to where the money is going and putting efficient processes in place to promote greater profitability. Two tools you absolutely need for improving the efficiency of your law practice are an effective legal billing system and law…

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5 Most Popular Legal Accounting Software for Cutting-Edge Legal Firms

When it comes to your law firm’s basic accounting needs, there are numerous legal accounting software options on the market. From cost-effective alternatives to extensive accounting platforms, you are sure to find the tools you need to address your general accounting needs. However, while these platforms provide functions that allow you to perform your firm’s…

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Law Firm Tips: Four Tips for Improving Database Security within your Legal Practice

How secure is your law firm’s database? As a legal professional entrusted with your client’s valuable information, you have an ethical duty to protect client data… so, cybersecurity should have a consistent spot at the top of your worry list. Hackers never take a break from their efforts to breach databases and steal data. So,…

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7 Trust Accounting Principles Worth Remembering for Lawyers

Trust accounting can be a challenging part of legal practice. You are both responsible to your clients for the safekeeping of their property and responsible for following all of your state’s applicable trust accounting rules. When operating a trust account, there’s no room for mistakes because errors could result in some serious consequences. So, I…

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Visualizing the Future of Legal Technology in 2019

It’s hard to believe that we are already a month into the year, but there is still a lot of 2019 to go – plenty of time for your law practice to benefit from the ever-changing developments in legal technology. While some of these advancements are improvements on legal technologies you already use, others are…

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Why Lawyers Need More Reviews and How to Get Them

How lawyers can get more reviews

If your workload is always bogging you down, there is no better pick-me-up than a positive review from a client. That’s the best tonic in a workspace. But that’s not all a positive review would do for you. Positive reviews seem to follow the law of attraction and can act as a tonic for your…

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Eight Ways Lawyers Can Advertise Online for Free

Marketing can take up a significant portion of your law firm’s operating budget. From website maintenance to advertising costs, it’s a necessary task that can potentially turn into a huge financial burden. That’s why it’s important to recognize and utilize the various free marketing tools available to attorneys online. Whether it’s a resource that celebrates…

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5 Reasons Why Law Firms Should Move to Value-Based Billing

The billable hour is a cornerstone of the legal profession. For generations, lawyers have relied on increments of time to create value-based billing and quantify the services provided to clients. The more time a matter takes, the more lucrative it is for the attorney and the law firm. Yet, as the practice of law evolves…

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How Using KPIs Can Increase your Law Firm’s Profitability?

Like any successful business, the success of your law firm’s profitability requires dedication, hard work, and attention to details. This means that you should be running regular reports about your firm’s performance in order to identify areas for improvement and make necessary changes. Key Performance Indicators (KPIs) are often talked about within the business arena,…

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Six Reasons Why Your Law Firm Needs Legal Accounting Software

Far too many solo and small law practices utilize outdated and ineffective tools for their legal accounting needs. If you are one of them, you could be putting your firm at a significant disadvantage. Inadequate legal accounting software can lead to excessive amounts of time spent on accounting tasks, as well as the potential for…

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Tired of Legacy Systems – Time to Transition to Modern Legal Software

As members of a profession highly steeped in tradition, many attorneys choose to run their law offices with tools and resources that have been utilized within the legal community for years and even generations. When opening a new practice, young lawyers may look to their older and more established peers for law practice management guidance.…

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How to Identify Bottlenecks in Your Law Firm and Expedite Processes

Business bottlenecks refer to areas of your business that run slowly, resulting in a workload backup or slow movement of other operations. They are essentially inefficiencies in your process that cause your workflow to become backed up. It’s important to identify bottlenecks within your law firm because they lead to inadequacies and may result in…

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