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Tech Tip #112-Stay On Top Of Collection Issues
March 10, 2017 / by CosmoLex Team / Legal Billing, Tech Tips
You may love your clients but it is unlikely that they are always on time paying their invoices. What about clients who deposit retainers, do those balances ever get low? The answer is undoubtedly yes. And tracking this information is more work than you have time for when you’re supposed to be addressing their legal […]
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Tech Tip #111-Do Credit Card Payments Sound Futuristic?
March 7, 2017 / by CosmoLex Team / Legal Billing, Tech Tips
Law firms are often late to the party when it comes to technology. Accepting credit card payments is another example of this. Too many law firms still do not accept credit card payments, simply because they don’t have the technology to do so without fear of running into compliance issues. Find an integrated legal billing […]
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What To Look For In A Legal Billing System
February 22, 2017 / by Rick Kabra / Legal Billing
Attorneys who manage their own practice or firm know the importance of billing their clients. If you don’t bill your clients, you don’t get paid, you can’t pay your bills, and before long you’re looking for a job working for someone else at their firm. You’ll never say it to a client, but billing clients […]
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Show Me The Money… And Where It Comes From
December 14, 2016 / by Rick Kabra / Legal Billing, Legal Practice Management
Cuba Gooding Jr. and Tom Cruise may have popularized the term “Show me the money,” but any attorney running their own practice should be saying the same thing. They may even want to say it over and over and over again. You’ve seen the movie, right? All kidding aside, attorneys not only need to see […]
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Tech Tip #91-Sync Your Legal Billing & Accounting Systems
December 6, 2016 / by CosmoLex Team / Law Firm Accounting, Legal Billing, Tech Tips
It is imperative that your firm’s legal billing and accounting systems utilize the same set of data. Failure to align these two systems with identical data will result in bookkeeping issues, billing complications, and ethics violations. The best way to avoid these issues is to implement a practice management system that handles both your firm’s […]
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