7 03
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 […]
2 03
Avoid having to enter the same information into a separate law practice management software and an accounting software. The resulting errors would be costly and can lead to severe consequences. This is why using legal-specific accounting software that integrates practice management and billing systems into one solution is the most efficient technology you can use to […]
1 03
Legal time management is a difficult task at any law firm. For firms who are busy, both its importance and difficulty increase. Time is money, so it is important that firms have a time management solution in place that is efficient and easy to use. Having a quality legal time management system in place will […]
28 02
Immigration attorneys see more IOLTA transactions than attorneys in other practice areas. This requires them to align data between multiple systems on a regular basis. This process can become time-consuming and error prone. Watch this video produced by our CosmoLex Accounting Partners at Law Firm Velocity to learn more about IOLTA issues for immigration law […]
23 02
General accountants aren’t familiar with all of the unique challenges and regulations a law firm faces. Lawyers shouldn’t have to master accounting on top of their own specialty. General business accounting software was made with bookkeeping in mind but doesn’t stand up to the unique needs of legal accounting. Use an accounting software built for lawyers, […]
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