We’re excited to announce our event and presentation lineup for July 2016! This list is still growing and will be updated as we receive the details of our future events. Mon July 4, 2016 CosmoLex offices will be closed in observance of Independance Day! Wed July 13, 2016 2016 Elder Law in a Day Time: 9:00am-4:00pm ET Location: New Jersey Law Center: … Read More
Tech Tip #48 Multiple Points Of Data Entry Create Trouble
Many law firms use two separate systems to manage their legal billing and legal accounting. Both of these systems need to reference & utilize the same data, but all too often they don’t share one data set. This creates the potential for more manual errors, as the data has to be entered twice. Those manual errors can lead to greater … Read More
Tech Tip #47 – When Migrating Legal Accounting Data…
When your firm decides to make the move to a new legal accounting system it can be a great opportunity to improve how you manage your business. Unfortunately, the migration can be tough and often requires reentry of legacy transactions or just transfer balances and open transactions. In some cases, an alternate approach has worked well – that is importing … Read More
Tech Tip #46 – Keep Up With Legal Technology, It’s The Law
Depending on which state you are practicing you may be obligated to understand all the benefits and risks associated with legal technology that is being used and available to your firm. Currently 21 states across the country have adopted an Ethical Duty of Technology Competence. Find out if your state is on the list and how you can simplify legal … Read More
Lawyers Can’t Ignore Technology, It’s Their Duty
In this blog we often talk about how the legal industry is it’s own animal. It has it’s own legal accounting requirements, expectations and regulations from both clients and legal governing boards are stricter than in many other industries. While all of this is true, the legal industry doesn’t differ from other industries in that the growth of technology has … Read More
Tech Tip #45 – Legal Marketing Goes Beyond Lead Generation
Gone are the days where law firms turn their nose up at the idea of marketing their services. As more lawyers turn to marketing to generate business, it’s important that they understand how important it is to accurately track the dollars they spend, the business their marketing efforts generate, and exactly where their marketing funds are coming from. Learn how … Read More
Tech Tip #44 – Mismanaged Finances Can Harm More Than Just Your Reputation
When you mishandle your firm’s finances there is always the potential that it may lead to client disputes. This is something you certainly want to avoid, but more so than a knock to your firm’s reputation, ethics violations and the penalties associated with them could cause more harm to your firm. Learn how your firm can avoid mishandling its finances, … Read More
Legal Marketing Tips For Law Firms
It wasn’t long ago that legal marketing was an activity that many practices looked down upon. Times have changed though, and if your firm expects to remain competitive and successful you’ll need to market your services. Most lawyers aren’t marketers, but they can find a number of marketing resources by simply conducting a google search. This will produce a list … Read More
Tech Tip #43 – Clients Hate Missed Deadlines, Stop Missing Them With Shared Calendars
You don’t want to argue with clients, so it makes sense to avoid problems wherever you can. There are a lot of reasons why lawyers miss deadlines, but none of them are good as far as your clients are concerned, so don’t miss them! CosmoLex allows you to share calendars across your entire organization that can be accessed in the … Read More
Client Disputes Related to Mismanaged Finances Can Hurt More Than Your Reputation
Many of our recent blog posts have been focused on trying to avoid disputes with your clients. We have addressed time tracking disputes, disputes related to missed deadlines, poor communication, and disputes related to client fees. Now all of these different disputes are something you would absolutely like to avoid. There isn’t one that couldn’t tank your reputation amongst clients … Read More