Tech Tip #70 – Realizing Income For Your Firm


When your firm wants to realize income it is important that any invoice payments that are made go through the appropriate hierarchy before you consider any of that money yours. Any payments made to your firm must first be applied to liabilities, hard costs, soft costs, and any finance charges or late fees. Legal Accounting can […]

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Retainer Management & Your Law Firm


For a law firm, retainers can be the lifeblood needed to stay afloat. It allows firms to maintain a positive cash flow and ensures that client invoices are paid in a timely manner. While retainers can be extremely beneficial for firms, if they aren’t properly managed they can bring a great deal of trouble to […]

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Tech Tip #68 – What Do Your Legal Invoices Look Like?

Legal Invoices

When you send legal invoices to a client does it look professional? Is it easy to identify where it came from? Can your clients understand what they’re being billed for? Can clients pay your invoices via credit card? If you didn’t answer yes to all of these questions you should read more about how CosmoLex can […]

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How Does Your Firm Manage Internal Communication?


When law firms think of communication, the first thing that generally comes to mind is how they communicate with clients. Client communication is extremely important. It plays into getting necessary information from clients, ensuring smooth payment processing, and building a strong trusting client-attorney relationship. With that being said attorney to client communication isn’t the only […]

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